Miss Universe Malaysia Organization (MUMO) has launched its own non-fungible token (NFT) collections, offering fans to own unique digital collectibles of Miss Universe Malaysia 2022 pageant.
The collaboration between NFT Pangolin and MUMO will create a series of NFT collectibles, also known as the MUMO NFTs.
The collaboration is in conjunction with MUMO’s recent announcement of the Top 15 finalists who have advanced to compete in the Miss Universe Malaysia 2022 for the crown and to represent the nation abroad in the international Miss Universe pageant.
The MUMO NFTS will be minted on global NFT marketplace NFT Pangolin and stored on blockchain Zetrix, a layer-1 public blockchain that facilitates smart contracts and delivers privacy, security, and scalability.
MUMO national director Datin Elaine Daly said with MUMO’s vision being to revolutionise pageants in Malaysia to be hip, urban, relevant and real, this collaboration was the organization’s way to fulfill the vision.
“With the whole world rapidly adapting to digital transformation, this is MUMO’s cue to join in and ride on the trend as well. By introducing and incorporating the concept of NFTs into the pageant, our latest move holds immense potential for not only the finalists, but for our audience and partners as well,” she said at a press conference held at Vogue Lounge, Kuala Lumpur.
NFT Pangolin (SEA) business development director Mohamad Johan Nasir said the Miss Universe Malaysia pageant has been happening for some time and they are excited to work together with MUMO to introduce NFTs to the pageantry.
“We are also happy that the MUMO NFTs would spread the awareness of certain causes and can be used to infuse the positive message of women empowerment in society via all the conscious contestants,” he said.
The MUMO NFTs include various collections with different utilities.
The Universe Collection features the 15 finalists in celestial designs with a price range of 1-2 ZTX, which is about RM20, and has a voting mechanism connected to the pageant’s final competition.
The finalists will automatically earn additional voting points depending on the popularity of their NFTs and will obtain the wildcard to bypass the elimination round.
There will also be the Competition Collection, which is limited-edition video NFTs of each contestant and available for auction only.
The highest bids for the NFTs will boost the finalist’s votes with even higher points. Moreover, to further support MUMO’s compelling initiative, a whole new competition category and special subsidiary title, “Miss NFT”, has been created and will be presented to the finalist with the most popular NFT.
NFT Pangolin and MUMO are also partnering with 8SIAN to design an exclusive, limited-edition collection for the new Queen after she is crowned.
MUMO would be introducing future rewards and incentives for MUMO NFTs owners on NFT Pangolin. Proud owners can expect to enjoy privileges from the premier jeweller Habib and receive exclusive invites to events, including a meet-and-greet with the Queens.
