Pray.com has announced the release of its first non-fungible token (NFT), becoming the first faith-based company to take part in the metaverse.
The release of the NFT is set to coincide with the National Day of Prayer, May 5, and anyone who participates in the National Day of Prayer Pray.com livestream will receive the NFT, a National Day of Prayer coin.
"This is a unique opportunity for the Christian community to be at the forefront of technology and help shape it for good," Chief Technology Officer and Co-founder of Pray.com, Ryan Beck, said in press release sent to Christian Headlines."Crypto, Web3, NFTs and the Metaverse are reshaping the future of technology, and Pray.com is leading the charge for Christians around the world to be a part of it by building the first global community for Christians to learn about crypto, and by creating new technologies for faith-based content."
The launch of the Pray.com NFT is part of Pray.com's educational initiative about Web3, Crypto and Metaverse.
"Pray.com is making Web3 history with its National Day of Prayer NFT," said Dr. Malachi O'Brien, a recognized leader in the NFT and Proof of Attendance Protocol. "Web3 is growing at a rate of over 100% year-over-year and is expected to reach 1 billion users by 2027. This is exciting for Christians and the Church because these technologies bring power to communities and people rather than platforms," Beck added. "They enable communities and people to take back ownership of their data and protect themselves from censorship."
James Lawrence, CEO of Engiven, said they are working to create a way to make cryptocurrency donations available to non-profit organizations, such as faith-based ministries.
"Cryptocurrency is rapidly becoming a powerful new asset to spur on generosity and elevate Kingdom growth. We're seeing significant engagement from both givers and ministries as crypto and NFTs are leveraged to bring greater financial impact and ministry self-reliance," he said.
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Photo courtesy: ©Getty Images/Adrian Vidal
Amanda Casanova is a writer living in Dallas, Texas. She has covered news for ChristianHeadlines.com since 2014. She has also contributed to The Houston Chronicle, U.S. News and World Report and IBelieve.com. She blogs at The Migraine Runner.