RedBlock and NFT Bazaar form a Strategic Partnership in an Embrace of the NFT industry

RedBlock
4 min readApr 15, 2021

We are very pleased to announce that RedBlock and NFT Bazaar have officially entered into a strategic partnership, leveraging our combined strengths to promote the development of the NFT (Non-Fungible Token) space. The partnership will mainly focus on IP (Intellectual Property) within the NFT sector as well NFT Bazaar’s platform operations, project listing and data services. We also aim to integrate our resources throughout the blockchain stack to provide services such as NFT pricing, issuance, and auctions.

The Era of the NFT has arrived

Since the advent of the digital era and ever-increasing integration of the worlds of encrypted and traditional assets, we have seen many exciting applications of blockchain technology. NFT is the latest fast-emerging field within blockchain, after DeFi (decentralized finance). What makes the NFT stand out is its indivisibility and uniqueness. The key innovation of the NFT is that it provides a method to mark the ownership of native digital assets and the digitization of real assets based on blockchain technology.

NFT technology can be applied in a large number of scenarios, including games, music, DeFi, IP (digital art, collectibles, scarce resources, etc.), physical assets, records, identification, etc. Recently, the space has taken off, with the popularity and volume of NFTs growing exponentially.

As a consistent and active participant in the asset digitization industry, RedBlock’s strategic cooperation with NFT Bazaar reflects our determination to cultivate the development of the NFT industry and related resources within the blockchain stack.

Likewise, as a mainstream NFT multi-functional aggregator focusing on BSC (Binance Smart Chain), NFT Bazaar’s cooperation with RedBlock reflects the very same determination.

Why and How is RedBlock Participating in the NFT Space?

NFT is one of the latest frontiers in blockchain and digital assets, which fits perfectly with our mission to explore and cultivate key assets within the digital asset space. Hence, our foray into the NFT and IP industry. The use cases that we are exploring, specific to NFTs, include: masterpiece artworks, creative arts and products, celebrity artworks, well-known IP licensing applications, scarce resources, among others.

By combining RedBlock’s digital asset issuance platform, our global capital network, global liquidity and other advantages in the digital brokerage sector, with NFT Bazaar’s aggregation platform resources, we will be able to create a closed-loop ecosystem serving IP and NFTs.

About NFT Bazaar

NFT Bazaar is a mainstream NFT aggregator boasting high efficiency and convenience. It is not only a platform for the collecting of NFT asset information, but also a one-stop aggregator platform for digital art galleries and exchanges. Both investors and creators can easily link to all existing major NFT exchanges on the NFT Bazaar platform. Focusing on the Binance Smart Chain (BSC) ecosystem, the platform not only benefits NFT token holders, but also enables digital artists, musicians, gamers and NFT enthusiasts of all types to take advantage and access high-quality NFT data indexing, aggregation and analysis services.

Resource: NFT Bazaar Social Media Matrix

In Summary…

The emergence and rapid development of NFTs has availed major opportunities to digitize valuable assets, but its development is bound to be a tough road nonetheless. That is, its success cannot be achieved without the assistance of ecosystem participants such as NFT Bazaar. And just as important as the individual assistance from ecosystem players, is the pathos that we all work together to bring about its flourishing, and RedBlock and NFT Bazaar are ready to do just that!

About RedBlock

With origins in Silicon Valley, RedBlock is a pioneer in the digital securities industry. Lead by a team that has a wealth of project operation experience and a proven track record, we are committed to providing one-stop digital issuance and advisory services and support for both issuers and investors.

Our core services are:

  • Digital investment advisory: asset digitization business for issuers and investors.
  • Key assets management: We manage key assets according to our positioning within our broader ecosystem.
  • Digital assets issuance and management platform: Our proprietary digital asset issuance and management platform brings efficiency and trust to the fundraise process.
  • Research Institution: Promoting the industry and providing integrated services for early-stage projects.

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