On April 4, 2022, the UK Royal Mint was asked to mint an NFT. As with many announcements today, the Royal Mint’s announcement came in a tweet.
Either the above announcement demonstrates supreme ignorance or utter brilliance. Offering for sale non-fungible representations of currency – the most fungible of assets, certainly seems on its face nonsensical. Disregarding the typo, however, it may have been a brilliant marketing gambit – with the Chancellor’s goal of placing the UK on the crypto map furthered. What happens this summer might be a major step in that direction. Who knows? There may even be a Royal Mint NFT drop at NFT.NYC in June.