The popular art company Print Bakery from Seoul Auction has inked a Memorandum of Understanding (MOU) with Wemade’s DAO & NFT platform NILE.

NILE intends to display diverse NFT projects through the partnership, popularise art in the blockchain fields, and increase the expandability of NFT art through the NFT marketplace that NILE intends to launch.

In addition, NILE will expand its presence in the NFT art industry by fusing its advanced NFT technology with the production and distribution know-how of Print Bakery.

“If we are able to guarantee the protection of NFT and real meaning of art, it would allow creators and artists to open up a new chapter not only in the market of art but also in the domains of an altogether new genre,” said Henry Chang, CEO of Wemade.

The DAO & NFT platform NILE is working closely with a number of partners to develop its ecosystem.

Source: Prnewswire