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First European Institutional NFT Marketplace Goes Live On MultiversX

MultiversX Facilitates First European Institutional NFT Marketplace

Europe’s first institutional NFT trading platform, ICI D|SERVICES (ICI Decentralized Services), has been launched. This is considered a groundbreaking digital asset management solution. This innovative platform is built on the MultiversX blockchain. This means that the platform leverages Web3 and blockchain technology. The official launch event took place at the Palace of Parliament in Bucharest, Romania, on April 26th, 2023. Additionally, the event was part of the Critical Infrastructure Protection Forum – CIP Forum 2023.

ICI D|SERVICES is a significant milestone for Romania, showcasing its dedication to digital innovation. Moreover, this NFT marketplace shows how Romania is embracing the decentralized blockchain and Web3 ecosystems. The platform will operate like a traditional NFT marketplace. Nevertheless, because of its institutional nature, it will prioritize compliance, transparency, and security for public and institutional applications.

Several NFT Collections Launched On Romanian’s Institutional Marketplace

Several institutional NFT collections have already committed to launching on ICI D|SERVICES. Some of them are:

Popovici’s debut NFT collection, “ICONS of the Generational Circle,” is being auctioned on ICI D|SERVICES from April 26th, 2023. This NFT collection honors icons of Olympic sports.

Other notable collections include:

ICI D|SERVICES will eventually support the trading and management of various NFTs and tokenized elements. Additionally, most of these digital assets will come from advanced institutional ecosystems. These will span multiple sectors such as education, intellectual property, insurance, real estate, property titles, certificates of authenticity, energy certificates, supply and distribution chains, art, fundraising, and other digitizable assets.

The platform’s highly secure and decentralized MultiversX blockchain provides robust protection against cyber threats. This not only ensures a secure platform to trade, but also supports an efficient digital asset trading experience. ICI D|SERVICES’ launch at CIP Forum 2023 demonstrates the potential for new interactions between institutions and users in the Web3 space.

The National Institute for Research and Development in Informatics – ICI Bucharest sees this as a significant step towards innovation. According to them, this helps create a sustainable and secure economic framework. This development aims to benefit interactions between citizens, businesses, and institutional entities within decentralized digital ecosystems. To them, MultiversX was the best blockchain to use, especially because this blockchain is based in Romania.

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