The original mood ring, introduced as the Mood Stone in the summer of 1975 captivated the world, and the retail industry went wild. The retail market for “mood rings” was a reported $250 million in just 4 months. Now, an original of the world's first ‘smart wearable’ will be offered as a “physical NFT”, allowing the winning bidder to own a slice of history and a truly iconic household name and pop culture artifact. In addition to the 1of1 NFT of an original 14K gold mood ring, another NFT will feature a 1of1, 18K gold and platinum EthereuMood ring (on auction), followed by a limited edition of 999 EthereuMood rings. Offer details are available on the new mood ring website and on the Venly Market.
The gold mood ring “Physical NFT” is paired with the ring, as a physical asset, and will be stored in a vault (for safe keeping). The owner can either hold or trade the NFT Token, or take possession of the ring, in which case the Token is not tradeable until the ring is returned to the vault. A “utility”, fully functional reproduction of the original (in Vermeil rather than solid gold) will be sent to the owner. The Original Gold NFT is uniquely certified with the Mattereum “smart contract” containing warranties, insurance and legal enforceability. This “triple certification” of authenticity, provenance with warranties helps build trust in trade and potentially enhance the value and marketability of the NFT. The EtherueMood Ring NFTs also come with a first of its kind physical crypto ring. As a timely initiative the company has also launched a GoFundMe “socially responsible” crowdfunding page to take the mood ring into school systems. It will be bundled with a popular, university developed emotional wellness program that helps school kids (& adolescents) learn the visceral skills of managing their stress and anxiety, with the mood ring providing biofeedback for improved learning of a “relaxation-response” to stress.
"Venly is a trusted partner with a great team. We're spoiled with such a complete tech solution provider, helping us with minting the NFT, the NFT Analytics and sending the NFTs to email. On top of the Venly Market for the NFT sales and auction." - Josh Reynolds - Inventor of The Original Mood Ring