THE Kandama Social Enterprise is eyeing the conversion of some of its Ifugao weaves into non-fungible tokens or NFTs.
As NFTs, the Ifugao weaves would have digital-only counterparts with unique code that can then be acquired or collected by interested buyers. The code ensures authenticity and sole ownership once bought. The NFTs would be carried on the blockchain by Tetrix-powered digital wallet Pitaka.
Kandama has partnered with the Filipino-led blockchain firm Tetrix to produce NFTs of indigenous fashion pieces, such as the one worn by Miss Universe 2015 Pia Wurtzbach for her Vogue Italia feature.
Kandama weaves showcased during the past Paris Fashion Week, Melbourne Fashion Week, and other global fashion events will also have their digital NFT counterparts.
Kandama CEO and creative director Victor Baguilat Jr. said that Web3 and blockchain technologies will make their pieces more widely accessible.
“Innovation is key to preservation,” Baguilat said in a recent online forum. “Infusing technology with tradition is essentially part of my vision. The other important thing we’re looking at is ensuring that ethical credentials will be easily ascertained by our customers.”
Kandama, established in 2016, is a social enterprise that aims to provide economic opportunities to indigenous women and preserve the tradition of handloom weaving.
