In March 2021, an NFT was sold for $69 million. This heralded the start of a new era in tokenization of physical or digital items. For the first time, art and blockchain technology worked together in a grandiose way and the result was astonishingly pleasant.
Horizon Africa recognized the importance of this development and has since been working on an NFT platform that can be integrated with existing ecommerce platforms. As such, Horizon Africa , in partnership with Moris.Store (https://www.moris.store) is launching an NFT ecommerce platform on the Horizon Africa Blockchain.
NFTs are created via smart contracts on the Horizon Africa Blockchain and are tied to products on the Moris.Store platform. Users can then buy these NFT items with tokens created on the Horizon Africa Blockchain and via their wallet. Horizon Africa has provided Moris.Store with the ability to create NFTs on the fly and has also created a token payment system where the payment is done and processed in real time. As such, this allows a person to buy NFTs in a few minutes with the Horizon Africa Wallet App (https://play.google.com/store/apps/details?id=io.horizonafrica.app).
The NFT platform provided by Horizon Africa aligns with its objective of democratizing the use of blockchain technology in the Mauritian and African sector. The platform will allow people to quickly set up their personal and customized ecommerce platform for NFTs in a few hours without the need of any deep technical knowledge. NFTs are currently quite complex to implement with the use of smart contracts and as such, provide a steep learning curve for most users. With this initiative, Horizon Africa hopes to make this technology more available.