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MAC Cosmetics To Launch First NFTs in Support of America’s National Youth HIV/Aids Awareness Day

April 1, 2022
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MAC Cosmetics To Launch First NFTs in Support of America’s National Youth HIV/Aids Awareness Day
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Fast take:

  • The NFT assortment might be out there on April 10.
  • The complete buy value from major gross sales of the NFT assortment might be donated to help youth impacted by HIV/Aids.
  • MAC is launching NFTs to attach with its group within the metaverse.

MAC Cosmetics is collaborating with the Keith Haring Basis to launch its first NFT assortment because it makes its foray into the metaverse.

To coincide with America’s Nationwide Youth HIV/Aids Consciousness Day on April 10, the Viva Glam x Keith Haring NFT drop might be occurring on OpenSea from Apr 10 to 1 June. 

The NFT assortment options three animated graphic artwork of  MAC’s Viva Glam lipsticks adorned with the late Keith Haring’s most iconic items of artwork. One of many NFT artwork items options Haring’s well-known Untitled (Coronary heart Face) on a pink background whereas one other options Child Angel on a blue background. 

The NFTs are available three rarity ranges. The Keith Haring Crimson is priced at $25, with as much as 5,000 out there to be minted on demand, whereas the Keith Haring Blue sells for $15 with solely 250 items minted on demand. Probably the most unique NFT is the Keith Haring Yellow, with solely 25 items bought at $1,000.

The complete buy value from major gross sales of the NFT assortment might be donated to the Mac Viva Glam Fund to learn youth impacted by HIV/Aids, whereas 2.5% of the acquisition value from secondary gross sales on OpenSea will go to the Keith Haring Basis.

Talking to Refinery29, André Department, MAC Cosmetics Common Supervisor, North America, mentioned: “Our partnership with the Keith Haring Basis for Viva Glam this 12 months brings collectively magnificence, artwork, and activism, and that’s what we needed our first-ever NFT to face for. Viva Glam is the center and soul of MAC and as we glance to proceed elevating cash to help wholesome futures and equal rights for all, innovating our 100% giving mannequin will solely higher help these organizations.”

In response to Vogue Enterprise, MAC has had its sights set on the metaverse for some time. The cosmetics model was creating a metaverse technique by partnering with Xbox and Tencent cell recreation Honor of Kings to gauge client curiosity in NFTs and the way customers work together with gaming and on-line platforms.

MAC’s foray into NFTs and the metaverse is a manner for the model to attach with its viewers on digital platforms. 

“Being on the heart beat of tradition has all the time been essential for us,” MAC’s world chief advertising officer Aïda Moudachirou-Rébois informed Vogue Enterprise. “No matter what we do, we need to ensure that [our projects] are related to our buyer. Our group is shifting to the metaverse, so we need to keep near them and interact with them there.”

To achieve non-crypto native customers, MAC has partnered with blockchain tech firm ConsenSys to allow patrons to buy the NFTs by credit score or debit card. 



Source: NFT Gators

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