Melbourne, VIC, Australia, twelfth Nov 2024 – Artwork.Tech, the main AI and blockchain powered digital artwork platform on Coinbase’s chain – Base, introduced its acquisition of GM.Land, marking a major milestone within the firm’s imaginative and prescient to convey web3 expertise to mainstream audiences. The deal contains all GM.Land belongings and mental property, with Artwork.Tech set to endure a complete rebrand underneath the GM.Land banner.
This strategic acquisition combines Artwork.Tech’s revolutionary AI artwork creation and NFT buying and selling capabilities with GM.Land’s imaginative and prescient for personalised digital areas. The merger will create an unprecedented ecosystem the place creators can showcase their work, interact with followers, and construct digital communities.
“We’re making moves beyond the web3 trenches. We see tremendous opportunities for bringing digital art and blockchain technology to wider audiences in 2025,” mentioned Francis Kim, CEO of Artwork.Tech. “The timing couldn’t be better, with the crypto industry showing strong signs of mainstream adoption. By joining forces with GM.Land, we’re creating a social platform that oozes mainstream appeal with web3 culture and features as the icing on the cake.”
The mixed platform will characteristic an revolutionary revenue-sharing mannequin that ensures honest compensation for all stakeholders. Each transaction will contribute to 3 key areas: direct creator royalties, platform sustainability, and a community-driven Creator Fund, with every receiving a good portion of the charges.
The brand new GM.Land platform will introduce an expansive digital actual property system the place customers can set up private areas for microblogging and fan engagement. Neighborhood members can develop their digital footprint by means of lively participation within the artwork ecosystem, unlocking new monetization alternatives on the safe chain backed by Coinbase, Base.
Launch of the rebranded platform is scheduled for Q1 2025.
About GM.Land: specific your self, make buddies and develop your land!
Web site: https://GM.Land
Media Contact: tae@gm.land
Media Contact
Group: ART.TECH PTY LTD
Contact Individual: Taeho Kwon
Web site: https://GM.Land
E-mail: Ship E-mail
Metropolis: Melbourne
State: VIC
Nation: Australia
Launch Id: 12112419848
The submit Artwork.Tech Acquires GM.Land in Strategic Transfer to Broaden Web3 Attraction appeared on King Newswire. It’s supplied by a third-party content material supplier. King Newswire makes no warranties or representations in reference to it.
