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AllianceBlock, a digital company focused on bridging DeFi to TradFi, scores a partnership with a major application for collection management
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- AllianceBlock scores a unique partnership with ARTBANX
- Supercharging the Web2-to-Web3 transition with AI tools
The two teams share details of their chain of play partnerships. The new collaboration is designed to ensure a better trading experience for all Web3 art market participants through tokenization and liquidity injection.
AllianceBlock scores a unique partnership with ARTBANX
According to a joint official statement shared by AllianceBlock and ARTBANX, the two teams have forged a long-term strategic partnership. This collaboration covers aspects of technology, marketing, and promotions.
With this partnership, AllianceBlock will power the ARTBANX art collection with the disruptive power of Nexera Protocol infrastructure and identity management tool NexeraID, two of its flagship developments.
Thus, works of art by creators from different regions around the world become bank assets: they can be tokenized, transferred, stored and traded without limit.
Matthijs de Vries, founder and CTO at AllianceBlock, emphasizes the cutting-edge nature of the partnership and the wide range of opportunities open to entrepreneurs, creators, art dealers and investors:
We are excited to partner with ARTBANX and take another step towards our mission to bridge TradFi with DeFi. The art market is a lucrative market and is prone to disruption. Using Nexera, we are enabling a new financial model that preserves the value of DeFi; self-custody, transparency, decentralization, peer-to-peer, security and privacy while providing more stable results in less volatile markets
Using the Nexera Protocol and related technologies streamlines the ARTBANX development process and significantly reduces costs for the team and its community.
Supercharging the Web2-to-Web3 transition with AI tools
Mads Boie Thomsen, CEO and co-founder of ARTBANX, stressed that artificial intelligence (AI) technologies will play an important role in the upcoming partnership:
We are excited to announce our revolutionary partnership with AllianceBlock, which will transform the art market through the power of cutting-edge technology. By leveraging AI, we have seamlessly integrated the transactional records of millions of works of art, providing collectors, investors and art enthusiasts unparalleled insight for informed decision-making in financing supported by fractional art.
Also, both teams will work on implementing the MetaNFT standard. This technical standard will allow the ARTBANX Web2 stack to enter the transition into the Web3 realm.
In doing so, ARTBANX will be able to meet the growing demand for cost-effective, flexible, and entry-level solutions for non-fungible tokens (NFTs) and similar assets.
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