Greater Harrisburg's Community Magazine

Harrisburg University set to launch NFT marketplace to fund student scholarships

Harrisburg University is moving into the emerging world of digital assets, with plans to launch a unique scholarship program.

At their annual gala on Saturday, HU officials announced that the university is developing a marketplace for non-fungible tokens (NFTs), which are digital assets that often are used as investments or collectibles.

Through the marketplace, people can purchase NFTs featuring significant moments in HU history. Money raised will help fund HU’s student scholarship program, said Mark Singel, HU’s board chair.

“We have devised a way that you can actually own a piece of Harrisburg University,” he said. “I invite you all to join us to support our next generation of students.”

The website and marketplace are still in development, Singel said. Once launched, they also will serve as educational resources so that visitors can learn more about NFTs, as well as such underlying and related technologies as the blockchain and cryptocurrencies.

For more information on this emerging program, visit their website.

HU also has two upcoming virtual conferences devoted to NFTs and the metaverse. These are slated for June 28 and July 27, 11 a.m. to 1 p.m. For more information, visit https://summits.harrisburgu.edu/cryptocurrency-conference/.

If you like what we do, please support our work. Become a Friend of TheBurg!

Continue Reading