XDB Foundation Announced Among NFT BAZL Partners

Rajiv Naidoo
DigitalbitsOrg
Published in
3 min readMay 6, 2021

GDA Capital and Elitium have come together to launch NFT BAZL. The event will take place on June 2, 2021, in Miami, Florida, showcasing both physical and digital masterpieces side-by-side. Attendees will be able to observe art in a plethora of mediums, and bid on pieces by scanning a QR code.

The XDB Foundation is pleased to announce its participation in NFT BAZL, and its continued commitment to the development of the NFT space. Recently announced, Litemint, a leading NFT & Collectibles marketplace, will integrate the DigitalBits blockchain, helping to bring NFT functionality to the DigitalBits network. Zytara, which aims to create a digital banking platform and payment network geared towards Millennials, Gen Z gamers and esports enthusiasts has also expressed that it will leverage the DigitalBits blockchain as it expands its NFT initiatives.

“I am very excited for the XDB Foundation’s participation in this unique event,” said Raoul Milhado, founder & CEO of Elitium. “NFTs are a truly transformative technology, and through events such as NFT BAZL we can showcase this burgeoning asset class and its various synergies within the art world. The XDB Foundation is among the leading proponents driving NFT mainstream adoption, leveraging a protocol that is more friendly to big brands and retail users. I look forward to working together to bring out the true potential of NFTs and the dynamic economies that will be built around them.”

Notably, Zytara is leading the marketing for an innovative NFT series launched by food giant Dole, in partnership with David Datuna, the “Hungry Artist,” famous for eating $120 000 piece of artwork, Basel Banana. The five part NFT-series, “Taking A Bite Out Of Hunger,” looks to address an ever present concern in our global economy, the issue of food insecurity and hunger. The sale will take place on May 6 on the NFT marketplace Rarible, with all proceeds from the auction going to charity. Proceeds will be directed towards nutrition and hunger-based initiatives at the Boys and Girls Clubs of America, as well as Dole’s Sunshine For All Cities program.

Continued development behind NFTs continues to showcase the massive potential of this emerging asset category. “We have only begun to scratch the surface of the value that verifiable on-chain uniqueness can bring to countless industries,” said Michael Gord, XDB Foundation Managing Director. “From fine art and collectibles, to unique activations and access, we are bound to see countless implementations of NFTs in the years to come. Events such as NFT BAZL will continue to drive awareness for NFTs, and are testament to the innovative synergies that exist between art and technology”

NFT BAZL is a part of the NFT Summit, a 2 day virtual summit on everything NFTs. For more on the NFT Summit, click here.

For full release, click here.

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For more on the XDB Foundation, click here.

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Rajiv Naidoo
DigitalbitsOrg

straw hat. personal trainer. researcher. blockchain builder & enthusiast. lifter of heavy things & collector of doodads