Africa's Top Crypto Artist, Featured at Christie's, Launches a Social Token
Osinachi, the first African NFT artist to be featured at Christie's, is launching a new social token on Socialstack.Key Points:
Osinachi is the first African NFT artist featured at Christie's Europe.
His entire collection was created using Microsoft Word.
The best known digital artist in Africa, Osinachi first got his hands on a computer when he was 16 years old.
Born in 1991 in Ada, Nigeria, a city of 2.5 million at a time when most could not afford a computer.
“My father was drawn to the computer because he’s a businessman who had to write tons of letters to his business partners,” Osinachi said. “The emergence of cyber cafes in Nigeria at a time when it was super expensive to own a desktop computer was really a good thing for him. He dived in—and took me along.”
Socialstack is launching a new social token platform, CommunityOS, to help spread awareness around the project and build a community for fans of Osinachi.
Osinachi is also chief creative officer of Socialstack, which launched in February and is aimed at doing good globally. The tools unveiled today are part of a suite that offers “plug & play functionality to power tokenized communities.”
Andrew Berkowitz, co-founder and CEO of Socialstack, said attendees would be able to earn Osinachi’s social tokens by taking a picture in front of the Osinachi art pieces and sharing it on Twitter. "Anyone at the events that does that will earn some of Osinachi's social tokens, OSINA," said Berkowitz. "It's a way to incentivize social sharing for people while they're at the events, with a token reward."
Osinachi said. "Whether rallying crypto art community members to pay attention to what is happening in my part of the world, or donating part of proceeds of the sale of my work to charity."
Berkowitz sees them as "a new cryptocurrency asset class that came into existence over the past couple of years. It's cryptocurrency whose value is tied to the underlying brand or community that's issuing the token, as opposed to other crypto assets where the value is derived from the underlying network itself."
Socialstack says it launched its social tokens on Ethereum and Celo and made the CommunityOS on Polygon.
"This is a kind of a new asset class for the creator economy, for impact organizations or nonprofits that want to launch a token," Berkowitz said. "But it's not about the tech, it's about the community itself."