31 May 2023 11:57 CEST

Issuer

Norwegian Block Exchange AS

Oslo, Norway - May 31. 2023
NBX, an established Norwegian digital asset exchange, is proud to announce its
collaboration with Syndicate Art, the revolutionary platform at the forefront of
art and technology convergence.

NBX and Syndicate Art are venturing together to develop a NFT marketplace and a
pioneering platform for trading art. Combining Syndicate Art's innovative
concepts with NBX's expertise in digital asset exchange, this collaboration aims
to redefine the art industry and provide artists, collectors, and investors with
new opportunities.

The marketplace will be built on top of the NBX platform. Showcasing the
flexibility of the tokenization concept by building and operating a complete
token economy on-behalf of Syndicate Art.

Through this collaboration, NBX and Syndicate Art aim to foster an inclusive and
transparent ecosystem that connects creators with collectors, art enthusiasts,
and art lovers worldwide. By leveraging the blockchain technology underlying
NFTs, the marketplace will provide a secure, immutable, and decentralized
environment for the trading and ownership of digital artworks as well as
tokenized physical artworks.

Blockchain technology and Non-Fungible Tokens (NFTs) have revolutionized the
digital art industry, offering unique opportunities for creators to showcase and
monetize their work. Recognizing the immense potential of this emerging
technology, NBX and Syndicate Art have joined forces to create a platform that
will empower artists globally, enabling them to thrive in the ever-evolving
digital landscape.

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Key Features of the NBX - Syndicate Art NFT Marketplace:

- Unparalleled Security and Transparency:
By harnessing the immutability and transparency of blockchain technology, the
collaboration between NBX and Syndicate Art ensures the authenticity and
provenance of artworks. This establishes trust among collectors and investors,
eliminates the risk of counterfeiting, and enhances the overall integrity of the
art market.

- Art Syndication, Powered by NBX:
The collaboration introduces a feature that leverages blockchain technology to
include art syndication, enabling fractional ownership of artworks through
tokenization. This allows collectors and investors to acquire shares of valuable
artworks and participate in their appreciation, creating a more inclusive and
accessible art market.

- Curated Collections:
The platform will feature curated collections of NFTs, Physical Artworks and
Syndicated Art, showcasing the finest artworks from talented creators across the
globe. A dedicated team of experts will ensure the highest quality and diversity
of content.

- Seamless Trading:
The marketplace will offer a user-friendly interface for buying, selling, and
bidding on NFTs, Physical Artworks and Syndicated Art. Users will be able to
easily navigate through various categories, discover new artists, and engage in
transparent transactions.

- Artist Empowerment:
NBX and Syndicate Art are committed to empowering artists. The platform will
provide creators with greater control over their intellectual property, enabling
them to earn royalties from secondary sales and fostering direct relationships
with their audience.

- Community Engagement:
The marketplace will encourage community participation and interaction through
features such as curated live events and auctions, artist meet-ups, virtual
exhibitions, and forums for discussing art. This will create an immersive
experience for users and strengthen the bonds between creators and their
supporters.

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"The NBX - Syndicate Art NFT marketplace will empower artists, providing them
with a secure and innovative platform to showcase and monetize their digital
creations," said Stig Aleksander Kjos-Mathisen, CEO of NBX. "We are thrilled to
collaborate with Syndicate Art and leverage our collective strengths to create a
marketplace that truly benefits creators and engages art enthusiasts globally."

"We believe in the transformative power of blockchain technology and NFTs to
revolutionize the art industry," said Arne Beck, Founder of Syndicate Art.
"Through this collaboration with NBX, we are committed to building a vibrant
marketplace that nurtures creativity, supports sustainable practices, and
enables artists to reach new audiences."
NBX and Syndicate Art are actively developing the NFT marketplace, with a
planned launch date scheduled for Q3 2023. Further updates and details will be
communicated as the project progresses.

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About NBX:
NBX is a leading Norwegian digital asset exchange, committed to providing secure
and compliant trading services for cryptocurrencies and digital assets. With a
mission to drive innovation and foster the growth of the digital economy,

Link to info page: https://nbx.com

Contact person:
Stig Kjos-Mathisen - CEO
Mail: stig.aleksander.kjos-mathisen@nbx.com
Phone: +47 93287572

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About Syndicate Art:
Syndicate Art is a groundbreaking platform that merges the worlds of art and
technology to empower artists, engage collectors, and transform the way art is
experienced and traded. With its innovative approach to art syndication,
seamless integration of blockchain technology, and commitment to artist
empowerment, Syndicate Art is reshaping the art market, providing new
opportunities for artists to showcase their work, and enabling collectors to
invest in and enjoy a diverse range of exceptional artworks.

Link to info page: https://syndicate.art

Contact persons:
Arne Beck - Founder
Mail: beck@syndicate.art
Phone: +47 97772223

Jens Morten Viktil - Founder
E-post: viktil@viktil.no
Telefon: +47 92600673


Source

Norwegian Block Exchange AS

Provider

Oslo Børs Newspoint

Company Name

NORWEGIAN BLOCK EXCHANGE AS

ISIN

NO0010984966

Symbol

NBX

Market

Euronext Growth