Elitium Partners with GDA Capital to Host NFT BAZL Art Exhibition on June 2

Elitium, a platform that helps investors discover cryptocurrency in a trusted and compliant manner, has announced a partnership with GDA Capital, a platform built to connect institutional capital markets with the blockchain industry, to host the first-ever non-fungible token (NFT) art exhibition, the NFT BAZL on June 2, 2021.

Reportedly, the NFT BAZL is expected to be held at the Temple House in Miami, Florida. Notably, the Temple House combines Art Deco with a technologically advanced interior to enhance collectibles on auction. According to the NFT BAZL official website, the general admission will be $150 during the June 2 event.

“In times of globalization, the world is turning digital. Borderless transfer of ownership between people without a middle man will be a key factor when it comes to the mass adoption of blockchain technology. That’s where I see huge value that can be created by making NFT’s simple and tangible. By bringing amazing artists to our events and creating a platform that will benefit both buyers and sellers, we can build the bridge between the physical and digital world,” said Elitium Founder and CEO Raoul Milhado.

The NFT BAZL and the Digital Artwork Industry

The NFT market has significantly morphed in the past few months after notable popular artists opted to enter blockchain technology. Moreover, the NFT industry has significantly attracted the attention of notable cryptocurrency investors including Tron Foundation through its JUST NFT Fund previously unveiled by Justin Sun.

“As the market for NFTs continues to grow over the next few years, we’re focusing on building the platforms and events that will lead the space. NFT BAZL is just the start of what we believe will be the future of art exhibitions,” noted GDA Capital Co-founder and CEO Michael Gord.

The NFT BAZL is expected to feature over 100 physical and digital masterpieces belonging to Daniel Mazzone, Paul Rousso, Super Buddha, and Tom Bates. By featuring experienced and artists with a long history in the artwork industry, the NFT BAZL anticipates unlocking the digital artwork industry further.

“The Elitium platform treats the NFT infrastructure as a method of transferring ownership of highly collectible physical and digital masterpieces. By leveraging the blockchain we can pay a royalty to the artists and provide additional security around authentication and storage,” noted Elitium Founder and CTO Jean-Pierre Morand.

Miami is one of the hotbeds for cryptocurrency and blockchain development as observed with the latest Mayor Francis Suarez endorsement.

In a bid to offer seamless trading services, Elitium will host an in-app non-fungible token (NFT) marketplace during the NFT BAZL event with the help of GDA Capital.