Akon, the Senegalese-American singer and rapper, has announced AkoinNFT, the nonfungible token (NFT) platform, to sell historic DNA data art as NFT.
It has been reported that he announced the planned auction of an NFT that will contain a “high-res artistic representation” of the genetic data of Professor George Church, a renowned biology researcher and the first human to have their genome sequenced.
However, AkoinNFT will be using the Parcel development platform from Oasis Labs to store the metadata, and buyers will also have the option to receive a “30x whole genome sequencing” of their own DNA from the project partner Nebula Genomics, a DNA sequencing company co-founded by Church himself.
Akon said that the goal of the auction is “kick-starting a conversation around fair and transparent ways to monetize and share health data,” and it will take place on Thursday (June 10).
He added:
“As we celebrate the artist within all of us, there is no better indicator than our own Genome Sequenced DNA to showcase the individuality that makes us who we are. This NFT drop will be groundbreaking in so many ways.”
The report said that in addition to being the first to have their DNA sequenced, Church is also considered a trailblazer for making his medical records and data publicly available. As a result, his data has been used in hundreds, if not thousands, of scientific studies. The move into medical or genomic data stored as an NFT could be a precursor for more extensive medical record work for the Oasis Network.
A unique art drop from @akon's NFT platform blends science, history, and genetic data — a precursor of use cases to come? @Blockanalia reports. https://t.co/dyY7t9DJ5b — Cointelegraph (@Cointelegraph) May 25, 2021
The network recently announced a major migration of a DeFi protocol as part of a patchwork of recent initiatives, but in 2018 raised $45 million with a pitch heavily centered on privacy-preserving computation that would include multiple medical record use cases.
Anne Fauvre, the COO of Oasis, said that the Parcel development platform could be used for other off-chain data sets.
Thus, she added:
“We envision Parcel and the Oasis Network, with its ability to tokenize numerous classes of off-chain assets, as the ideal platform for securing the next generation of NFTs.”
Source: Cointelegraph