The first NFT from the World of Women (WoW) collection has been purchased by KPMG Canada. This happened only days after introducing Bitcoin and Ethereum to its balance sheet.
Digital Currencies then NFTs
KPMG Canada is a Canadian firm that specializes in tax auditing and advising services. Its buy of the WoW NFT is the company’s first move into the digital asset market. The NFT concept is gaining traction among major organizations, corporations, and commercial conglomerates.
Furthermore, the corporation had already added Bitcoin and Ethereum to its investing portfolio. The logical next step appears to be into the realm of NFTs.
Advancing the Next Level of Crypto Investment
Non-fungible tokens, or NFTs, are one-of-a-kind digital tokens. It links to a digital or physical item, such as an artwork, audio file, video clip, graphic art, or document. Crypto users can buy the token with their cryptocurrency and get possession of the asset it represents. On the blockchain, this ownership is then documented and immutable. As a result, the blockchain will record all further NFT sales.
Benjie Thomas, Managing Partner of KMPG Canada’s Advisory Services, spoke about the NFT purchase. NFTs, he claims, provide up a new avenue for businesses to interact with their customers. At the same time, the secure digitization of assets underpins innovation.
This purchase indicates their belief in the significance of WoW and its purpose, as well as the continued expansion of NFTs. They are well-positioned to advise their clients on developing a corporate NFT strategy. This includes purchasing and safeguarding NFTs, given that they have gone through the process.
WoW NFTs Chosen by KMPG
The World of Women network strives to increase representation and diversity by encouraging equal opportunities for female artists in the Web3. The objectives of this organization attempt to inspire more female artists to look into crypto and NFT opportunities.
The group sponsors a number of humanitarian programs to aid women’s issues and environmental concerns around the world. With 10,000 first edition NFTs featuring diverse and powerful women, the renowned WoW series has become very collectible in nature.
Nancy Chase is a partner at KPMG and the leader of the firm’s national risk consulting practice. She discussed the worth of the World of Warcraft collection. She talked about how there isn’t enough female representation in the crypto sector.
According to her, women are underrepresented in the realm of cryptography in general. Making their first NFT purchase in a line that supports women makes them proud. In addition, they believe that their purchase will attract more women to a field that is on the verge of transforming how people interact in the future.