{"id":14557,"date":"2022-08-02T17:25:41","date_gmt":"2022-08-02T08:25:41","guid":{"rendered":"https:\/\/automaton-media.com\/en\/?p=14557"},"modified":"2022-08-31T20:44:46","modified_gmt":"2022-08-31T11:44:46","slug":"20220802-14557","status":"publish","type":"post","link":"https:\/\/automaton-media.com\/en\/nongaming-news\/20220802-14557\/","title":{"rendered":"A Shinto shrine in Japan to offer lucky charm NFTs as it searches for new revenue streams"},"content":{"rendered":"\n

Original Japanese text written by. Ryuki Ishii
Translated by. Nick Mosier<\/em><\/p>\n\n\n\n



The Kemigawa Shrine in Japan\u2019s Chiba prefecture has teamed up with the KOJIKI project to sell the Kemigawa Jinja Collection of good luck charm NFTs<\/strong>. These good luck charm NFTs take the real charms offered by the Shinto shrine and make them available in NFT form.<\/p>\n\n\n\n

Along with the announcement, Kemigawa Shrine states, \u201cWhile these are virtual charms, they are in no way inferior to the ones offered at the temple.\u201d Kemigawa Shrine also says that they perform a prayer for the NFT charms when they are sold as well.
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The charms offered by temples and shrines in Japan have a limited term of validity and are said to lose their power after one year. The correct way to part with an expired charm is to return it to the temple or shrine it came from for it to be ritually burned. Like the real thing, the shrine says the benefits of the NFT charms wear off after one year, after which they are automatically burned.<\/strong> In other words, the NFTs are set to automatically eliminate themselves. While the NFTs are data that could theoretically be maintained permanently, they\u2019ve been set up in such a way that they\u2019re more in line with the charms that exist in the real world.<\/p>\n\n\n\n

Moreover, the shrine says that once the good luck charm NFT disappears, it will change into a new NFT. So once your NFT is burned you at least won\u2019t be left empty handed.<\/p>\n\n\n\n

But why is a shrine getting into NFT sales in the first place? According to the press release, 90% of the 80,000 Shinto shrines in Japan are struggling to continue their operations. This has caused some Shinto priests to have to get side jobs, with many having to cover positions at multiple shrines. There are also unmanned shrines with no one to manage them. For that reason, Kemigawa Shrine has been searching for new revenue streams and decided to get involved with NFTs and the metaverse.<\/p>\n\n\n\n

Their lineup of good luck charm NFTs are as follows:<\/p>\n\n\n\n