The NFT craze is over the roof; after being so very dismissive in the past couple of months, the NFT mania is back and is hitting mainstream like never before. In the financial industry, entertainment industry, and mainstream media, everyone wants a piece of the NFT craze.
This time around, it would be the Miss Universe Thailand 2021, which is mainly a beauty contest between the local feels who take part in the hopes of becoming Miss Universe. The catch this time around is that the contest will be featuring NFTs as the major part of the event; this has never happened before, especially in a beauty contest or any contest for that matter.
Bitkub is the crypto platform that will be helping the pageant get on with the necessary technical bravados to make this thing a glittering reality. The main headlines of the event are that fans will be able to buy the NFT collectibles, and the winner will be paid in the digital assets as well; this means that Miss Universe will indeed be paid in cryptocurrencies after the contest ends. The local Thai cryptocurrency exchange provides various services in regards to decentralized finance, blockchain technology, and the issuance of multi-crypto wallets to its users, and now it has jumped in to help this year’s beauty pageant include NFTs as well.
Thailand may Adopt Crypto Assets
Thailand is still in that grey area that doesn’t know whether the idea of cryptocurrencies is accepted with open arms here or is still being frowned upon. This is why Bitkub is taking the initiative to bridge that gap by being an active part of various local events and programs, urging them to include cryptocurrencies and decentralized technology.
It is also being hoped that once this beauty pageant is over and successful, then it would open many other opportunities for crypto adoption and thriving of the decentralized finance within the country. Thailand still has to do a lot of work if it wants to legalize Bitcoin or other cryptocurrencies in the future, but at the moment, the only focus of the country seems to bring media attention to the cryptocurrencies along with public involvement.