First Bitcoin NFT Marketplace Using RGB Smart Contracts, DIBA, Launches on Mainnet
DIBA’s mainnet launch includes a wallet for Bitcoin tokens that uses apocalypse-proof storage technology via its partnership with the largest bitcoin mining company in North America.
MIAMI (PRWEB) May 18, 2023
DIBA, the first Bitcoin NFT marketplace to leverage RGB smart contracts, launches on the mainnet. Launches include BitMask, a unique Bitcoin-only wallet that can hold unique music and art digital assets (UDAs), and Carbonado, which hosts high-availability storage and cloud services provided by Hut 8, one of North America’s largest innovation-focused digital asset miners and high performance data provider.
Backed by notable bitcoin investors Tim Draper of Draper Associates, Bill Tai of ACTAI Unicorn Fund, Yasmeen Drummond of NIMA Capital and Erez Kalir of Martial Eagle Fund, DIBA aims to bring Bitcoin utility to the masses by enabling the exchange of UDA- is at most a decentralized, censorship-resistant network.
Gideon Nweze, founder and CEO of DIBA, said: “It is our view that Bitcoin is the only network positioned to become the foundation of the next world economy given its decentralized, censorship-resistant, Proof-of-Work design. Bitcoin is designed to be built in layers, and this one reason is why we are very excited to announce the launch of DIBA, which enables the exchange of unique digital assets for the first time on Bitcoin. This marks an important milestone in the transition to the Internet of Bitcoin.”
Tim Draper, American venture capital and Bitcoin investor, said: “The Bitcoin asset cycle is in the $10 billion market cap over the next couple of years. What Gideon and the team at DIBA have built is a testament to the potential of NFTs on Bitcoin continues to capture the creative and cutting-edge spirit of this next generation. I am excited for DIBA’s launch and look forward to their future growth.”
Josh Rayner, VP of High Performance Computing at Hut 8, shared, “We are bullish on Bitcoin and the potential of Layer 1 and 2 protocols, and are proud to support DIBA’s Bitcoin NFT platform with highly available storage and cloud services on our HPC infrastructure, as part of that development.”
The DIBA marketplace uses RGB, a Smart Contract Protocol on Bitcoin that enables encrypted transactions, and the Lightning Network, to offer free NFT coins, sovereign and private assets, as well as deterministic, unhackable smart contracts.
To learn more about DIBA, visit DIBA and follow them on Twitter @trydiba
For media inquiries, please contact Phil LeRoy at (310) 260-7901 or phil(at)melrosepr(dot)com.
About DIBA
DIBA Global is building decentralized application infrastructure on the Bitcoin and Lightning network. As the first Bitcoin marketplace to use the RGB Smart Contract Protocol and Lightning Network to exchange Unique Digital Assets (UDAs), commonly referred to as NFTs, DIBA Marketplace is focused on accelerating art and entertainment tools on Bitcoin. DIBA’s mission is to help millions of people own, use and exchange non-custodial digital assets that are resistant to censorship, while catalyzing access, fairness and justice.
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