“It’s not about creating new IPs for hypothesis – for instance NFT hype tasks – it’s about driving new engagement with traditionally important collections by utilizing Web3,” Phillip Pon, CEO of Artifact Labs, mentioned in a launch. “We wish to carve new house within the youthful public’s consciousness for historic manufacturers and artifacts…whereas supporting these vital organizations with new income streams to fund their preservation work, we’re additionally solidifying immutable on-chain information preservation by means of NFTs.”