You create an account on the website, and then you bid on the NFT you would like to purchase - just like TradeMe. A hold is put on your credit card for the amount you bid. And when the auction finishes, if you’ve bid the highest amount, your credit card is charged and the NFT is transferred to your NZ Spirit Festival account. Remember - just like on TradeMe - when you place a bid, it’s legally binding.
They will be sold via auction, so the community determines how much each NFT costs, and what it’s worth.
The auctions last for five days. Join the Whitelist and you’ll be notified automatically when a new auction starts, and when it’s on the last day. This means you can easily keep an eye on the prices of the NFTs and buy when you’re ready.
No, all you’ll need is an account set up on NZ Spirit Festival’s website and a debit/credit card. The NFT is created with Solana, but this happens in the background and you don’t need Solana to buy it.
You receive a lifetime festival pass to the NZ Spirit Festival North Island. That’s the lifetime of the Festival - not your lifetime! If the Festival hangs up its dancing shoes in 20 years time, you’ll no longer have access… because the Festival isn’t happening. Plus who knows what else NZ spirit might magic up for NFT owners? VIP access to the headlining music acts? Community meet ups? Free coffees at the market stalls? The opportunities are endless.
When you buy an NZ Spirit NFT it is created with Solana, on the blockchain. It is transferred into your NZ Spirit Festival account (which is a wallet). This wallet is automatically created for you when you create your NZ Spirit Festival account.
Yes, you can. However, once you move it to another wallet, it permanently leaves the NZ Spirit NFT Eco-system. We suggest keeping your NFTs in your NZ Spirit account so that you can easily list and sell your NFT through our ecosystem. The Secondary Marketplace will be live in a couple of months.
Yes. You will be able to resell your NZ Spirit NFT directly via the NZ Spirit Festival website within a few months.
You will be paid out in NZ dollars. There is a 10% royalty fee on all secondary sales, which will be automatically deducted from the sale amount. This royalty fee goes to the artist, Graedon Parker, NZ Spirit and Aarohati Ltd.
That’s Graedon Parker - he is an award winning graphic artist, speaker, & wellbeing advocate based In Aotearoa New Zealand. He creates artwork & graphic design projects from his studio on the outskirts of Wellington, with his work featuring on walls, storefronts and crypto wallets in Upper Hutt, Peru, U.S.A, Hawaii, Rarotonga and around the world.
Graedon is an Edmund Hillary Fellow, and his creative leadership has been pivotal in the success of health & wellbeing social enterprise Organic Mechanic, well known in the NZ wellbeing scene for their organic living foods & transformational events. Organic Mechanic has been a part of NZ Spirit Festival for many years.
Through the medium of OM Brotherhood, Graedon collaborates with groups in Aotearoa and around the world to create transformational experiences for men of all ages to connect, listen, share and learn - applying healthy masculine energy as a means for community healing & transformation.
Through his art commissions, websites and branding design work - G.Parker is involved in a small number of organisations with a focus on holistic health & wellbeing, and the Tiwaiwaka Principles of caring for the whenua (land) as the first priority.
Yes - email us at firstname.lastname@example.org We’ll get back to you as fast as we can - there’s just one person checking this email, so while we aim to respond within the day, sometimes it can take an extra day to get back to you. Particularly if you email on the weekend.
It means that the owner of the NFT (ticket cannot be transferred) can access all North Island NZ Spirit festivals for free for as long as the festival runs.
No, only owners of the NFT can use it to access the Festival. You can’t gift or sell your access to one Festival. If you can’t make it, unfortunately you miss out that year. If you decide to sell your NFT, the lifetime access is automatically passed along to the new owner of the NFT.
No, this will be the only NZ Spirit NFT with lifetime access to North Island NZ Spirit festivals. It’s a one-off opportunity, and there will only be 120 of these NFTs in total - 100 of them available to purchase via auction.
No, this will only give you access to the North Island festival. There will likely be another Collection released for the South Island Festival in the future.
Fungible means something that is interchangeable as the units are indistinguishable from each other. Money is a great example. A $100 bill has the same value as every other $100 bill, and so all $100 bills are interchangeable with each other. But if you had a $100 bill with Michael Jackson’s signature on it… now it’s non-fungible — it’s unique, and has a value that is different from every other $100 bill. NFTs are a digital token, represented by a piece of digital art, that often give the owners real -life benefits - like lifetime access to a Festival!
Crypto is a currency, and it’s fungible — one Bitcoin is exactly the same as any other Bitcoin. And there are hundreds — thousands! — of different crypto coins. The ‘gold-standard’ though is Bitcoin, and Ethereum.
It’s a digital ledger — a way of recording information that is unchangeable, secure and anonymous. When a new transaction happens — say I buy an NFT from you — it’s recorded via a block and added to all the previous blocks, which contain all the other transactions. Hence the name blockchain. It’s the technology that makes cryptocurrency and NFTs possible.
No — the information on the blockchain is distributed through a large network of computers. If someone did manage to hack a computer and change the ledger on that computer, they would have to hack 51% of the other computers that hold that ledger so they would update the hacked information. That’s almost impossible. (Never say never). If all the computers went down, or the Internet went down world-wide… well, you’d have bigger problems to deal with than what’s happened to your crypto, or NFTs.