NASDAQ Report | Global Launch of IOST Limited Edition of Cao Jun Digital Gift Cards
10,000 Limited Edition Cao Jun Gift Cards with the latest e-wallet feature will be first released in New York and will be donated to designated Charitable Organisations: Rockefeller Philanthropy Foundation, Bill Gates Foundation, Rotary Foundation, London Royal Academy of Arts, Paris Musses’ Art Mideme, New York Museum of Modern Art, Boston University Museum, Milan Palazzo Reale, Montreal Montreal Museum of Fine Arts, etc.
According to NASDAQ, the designs of the gift cards are based on three latest paintings by Cao Jun: (a) Purple Pavilion and Cyan Cloud, (b) Once in a Millennium, and (c) Spring’s News.
Buyers will be able to access the information records of the Gift Cards they purchased, including description, final price and transaction verification. iBank will donate 1,000 Gift Cards to Cao Jun’s art fans with part of the proceeds to be donated to a Charitable Organization. Donation records can also be verified on IOST blockchain.
Art On The Blockchain — Use Case Gaining Prominence Among Artists
The idea of storing the legality and security of the artwork source is gaining recognition in the field of art. For artists and designers interested in digitalisation, cryptocurrency and blockchain technology are popular topics.
The legality and security of the source of artwork will be stored in the blockchain by IOST technology, greatly reducing the possibility of theft and also provides authentication means for the artwork.
Original report from NASDAQ: https://www.nasdaq.com/press-release/the-worlds-first-limited-edition-of-cao-jun-digital-gift-cards-ibank-xpass-powered-by-pundi-x-and-20190403-01148
About NASDAQ
NASDAQ (National Association of Securities Dealers Automated Quotations) is a US electronic stock exchange institution owned and operated by Nasdaq, Inc. Founded in 1971, NASDAQ is now one of the largest stock markets in the world.
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