Las Vegas, Nevada, Aug. 03, 2022 (GLOBE NEWSWIRE) — ICOA Inc. (OTC: ICOA ), a publicly traded Nevada-based company that acquires exciting blockchain-powered businesses, has announced the beta launch of its long-awaited community-led NFT -marketplace, Symbiosis – the art of cooperation.
The name “Symbiosis” reflects the marketplace’s unique proposition around “collaboration” and community building, which is core to both artists and collectors.
The perfect destination for all creatives….
For artists, the “symbiotic” nature of the marketplace will enable artists to collaborate on design and creative processes across categories and geographies. Artist A from New York can initiate an illustration design, which Artist B from the Philippines then adds his own music, creating a unique “one-of-a-kind” digital artwork, stored as a single and immutable NFT.
The marketplace invites a wide range of artists to join and collaborate, including traditional and digital painters, illustrators, musicians, makers, 3D artists, writers, photographers and videographers.
For the beta launch of Symbiosis, 15 artists will launch their exclusive collections on the platform in the coming weeks, starting with a surprise “teaser drop” for the launch week, starting on August 8, 2022.
Subsequent drops will include Martha Sáenz, Ian Sndrz, Emily Miller, Antonio Fräpa, Guari Black, Daniela Wolfer, Vlocke Negro and Pavel Ramcas.
The perfect destination for collectors…
The beta launch of Symbiosis presents a curated selection of NFT artwork, from digital paintings to illustration files, all available for purchase with $ETH and $wETH.
Artists, collectors and investors interested in becoming a part of this community-driven creative ecosystem can show interest by joining their official Discord server.
Hadria Wong, CEO of ICOA, Inc. comments: “The Symbiosis Marketplace will provide a much-needed collaborative space for traditional and digital artists, musicians and photographers. We are very excited to launch an exciting and alternative solution in the NFT space to helping all creatives to bridge web2 to web3.
“Having a long-term roadmap for development also means that the platform is built for longevity, and is ready to develop new features and functionality to stay competitive, scale to meet the demands of growing users, and be able to acquire additional financing to support ongoing growth. We believe the strongest build will come in these market conditions.”
The beta page can be seen here: https://symbiosisnft.io/.
For more information, please contact: [email protected]
About ICOA
ICOA is a publicly traded Nevada-based company operating in fintech, blockchain, decentralized finance (DeFi) and cryptocurrency. ICOA has established itself as a heavyweight in the innovative technology space by introducing millions of people – across forty states – to wired and wireless broadband networks, and is now looking towards the next wave of transformative technology – blockchain.
The highly experienced ICOA team supports its investors through strategic acquisitions, identifying the most promising and exciting opportunities across the entire blockchain ecosystem. By acquiring or partnering with a range of carefully selected projects or teams from key verticals, ICOA is delivering on its mission to bring digital assets to any portfolio and make blockchain opportunities accessible and secure for both private and institutional investors.
For more information about ICOA, visit the company’s website: https://icoa.tech/.
Consult: [email protected]
THE NFT MARKET – KEY MARKET STATISTICS
The NFT market is still in its early stages, but it is growing rapidly. In the past year, the total value of NFTs traded has increased from $82 million to $17.6 billion, up 21,000% from 2020, according to NFT data company Nonfungible.com. A number of established major brands from various sectors, including Visa, Coachella Festival, Dolce & Gabbana, Lamborghini and Nike, and McDonalds have already jumped on the NFT bandwagon in 2021.
In the first quarter of 2022, 950,000 unique cryptocurrency wallet addresses, representing users performing transactions, bought or sold NFTs as well, according to a statistic from blockchain data platform Chainalysis. This is significant growth, up from 627,000 in the fourth quarter of 2020.
The three largest NFT communities are currently Ethereum ($28 billion), Solana ($2 billion), and Polygon ($580 million). This is based on all-time marketplace sales and market values, data from a leading NFT blockchain aggregator, cryptoslam.io.
Ethereum NFTs on the ERC chain are the largest and best known of these, with a total value traded of $200 million in the past year with over 1 million transactions so far.
SAFE HARBOR STATEMENT:
This press release contains forward-looking statements that can be identified by terminology such as “believes”, “expects”, “potential”, “plans”, “proposes”, “may”, “should”, “could”, “intends” . ” or similar expressions. Many forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from any future results implied by such statements. These factors include, but are not limited to, our ability to to continue to improve our products and systems to meet industry changes, our ability to expand our customer base and retain existing customers, our ability to compete effectively in our market segment, the lack of public information about our company, our ability to raise sufficient capital to finance our business, operations, our ability to continue as a going concern and a limited public market for our common stock, among other risks. Many factors are difficult to predict accurately and are generally beyond the Company’s control. Forward-looking statements speak only about the date they are made, and we do not undertake to update prospectively statements to reflect circumstances or events occurring after the date the forward-looking statements are made.
