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The new WISe.ART 2.1 NFT Marketplace version secured by WISeKey is now live and fully operational with over 100 artists loading NFTs to the platform

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WISeKey International Holding Ltd. has launched the fully operational WISe.ART 2.1 NFT Marketplace, featuring over 100 artists and enhanced functionalities for NFT transactions. The platform offers a secure environment for art collectors and creators to connect their cryptocurrency wallets for seamless purchasing and listing of NFTs. The launch coincides with WISeKey's partnership with the Crypto Art Island event in Gibraltar, showcasing innovative NFT art. The platform's tokenization method aims to maintain NFT value through robust security measures.

Positive
  • Over 100 artists are actively utilizing the new WISe.ART 2.1 NFT Marketplace.
  • Launch coincides with Crypto Art Island event, increasing visibility for the platform.
  • Enhanced security features support the integrity of NFT transactions, promoting user trust.
  • The platform's method for NFT tokenization is patented, potentially increasing long-term value.
Negative
  • None.

The new WISe.ART 2.1 NFT Marketplace version secured by WISeKey is now live and fully operational with over 100 artists loading NFTs to the platform

WISeKey International Holding Ltd. (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity, AI, Blockchain and IoT company, today announced that its new WISe.ART 2.1 NFT Marketplace version is fully operational and includes new features providing art collectors and artists a secure marketplace and platform where NFT buyers and sellers can easily connect their crypto wallets to instantly purchase or list their NFTs for sale.

To further increase its ecosystem of artists using the WISe.ART NFT platform, WISeKey has joined forces with the Crypto Art Island event, the first European NFT art fair which takes place in Gibraltar, from April 29 to May 4, 2022. During the event, some of the world’s most innovative NFT art created by leading artists will be auctioned on WISeKey’s entrusted NFT platform, WISe.ART.

The new design of the WISe.Art 2.1 platform ensures that besides an authenticated and signed version of the actual digital asset, an irreversible link to a physical object is set up, in addition to proof of ownership, provenance and a set of contracts describing future use and monetization streams, if relevant.

The NFT tokenization uses the WISeKey registered patent application, “System and Method for Providing Persistent Authenticatable NFT” in the USA. With this method, NFTs have increased in value and will hold their long-term value.

NFTs and the platform are secured by WISeKey’s own security technology enabling the protection of physical objects as well as digital assets in a safe end-to-end process.

Smart contracts and physical contracts can be included in the NFTs to describe the usage rights of the NFT buyer, including monetization of their collection. It also allows the original creator to potentially participate in future royalties. This option creates new funding opportunities for artists with large collections, as well as sophisticated ways for a better appreciation of their work.

WISeID is a trusted identity service that enables access to the web and mobile applications with strong authentication techniques. WISeID supports online KYC onboarding, OTP and digital certificate login, and an innovative “hands-free” secure login based on QR-Codes which users can read using WISeID suite of mobile applications without even having to type any passwords.

Additional security services include digital signature services for documents. WISeID implements standards such as OpenID Connect and OAUTH2, that can be easily integrated by customers to enhance the security of their cloud applications. WISeID can also be combined with Microsoft Active Directory, facilitating integration with corporate applications.

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About WISeKey
WISeKey (NASDAQ: WKEY; SIX Swiss Exchange: WIHN) is a leading global cybersecurity company currently deploying large scale digital identity ecosystems for people and objects using Blockchain, AI and IoT respecting the Human as the Fulcrum of the Internet. WISeKey microprocessors secure the pervasive computing shaping today’s Internet of Everything. WISeKey IoT has an install base of over 1.5 billion microchips in virtually all IoT sectors (connected cars, smart cities, drones, agricultural sensors, anti-counterfeiting, smart lighting, servers, computers, mobile phones, crypto tokens etc.).  WISeKey is uniquely positioned to be at the edge of IoT as our semiconductors produce a huge amount of Big Data that, when analyzed with Artificial Intelligence (AI), can help industrial applications to predict the failure of their equipment before it happens.
Our technology is Trusted by the OISTE/WISeKey’s Swiss based cryptographic Root of Trust (“RoT”) provides secure authentication and identification, in both physical and virtual environments, for the Internet of Things, Blockchain and Artificial Intelligence. The WISeKey RoT serves as a common trust anchor to ensure the integrity of online transactions among objects and between objects and people. For more information, visit www.wisekey.com.

Press and investor contacts:

WISeKey International Holding Ltd
Company Contact:  Carlos Moreira
Chairman & CEO
Tel: +41 22 594 3000
info@wisekey.com
WISeKey Investor Relations (US)
Contact:  Lena Cati
The Equity Group Inc.
Tel: +1 212 836-9611
lcati@equityny.com

Disclaimer:
This communication expressly or implicitly contains certain forward-looking statements concerning WISeKey International Holding Ltd and its business. Such statements involve certain known and unknown risks, uncertainties and other factors, which could cause the actual results, financial condition, performance or achievements of WISeKey International Holding Ltd to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. WISeKey International Holding Ltd is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise.
This press release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities, and it does not constitute an offering prospectus within the meaning of article 652a or article 1156 of the Swiss Code of Obligations or a listing prospectus within the meaning of the listing rules of the SIX Swiss Exchange. Investors must rely on their own evaluation of WISeKey and its securities, including the merits and risks involved. Nothing contained herein is, or shall be relied on as, a promise or representation as to the future performance of WISeKey.


FAQ

What is WISeKey's new NFT Marketplace?

WISeKey has launched the WISe.ART 2.1 NFT Marketplace, which is now fully operational, featuring enhanced functionalities and over 100 artists.

How does the WISe.ART Marketplace enhance NFT security?

The platform employs robust security measures to protect both digital and physical assets, ensuring transaction integrity.

What event did WISeKey partner with for the NFT Marketplace launch?

WISeKey partnered with the Crypto Art Island event in Gibraltar from April 29 to May 4, 2022, to promote its NFT Marketplace.

What are the features of WISe.ART 2.1?

WISe.ART 2.1 offers a secure environment for NFT transactions, supporting crypto wallet connections for easy buying and listing.

What is the significance of the NFT tokenization method used by WISeKey?

WISeKey's patented tokenization method aims to increase and sustain the value of NFTs over time.

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