BOSAGORA(BOA), signs business partnership with PIST TRUST

BOSAGORA signed a business partnership with PIST TRUST, a blockchain-based digital asset management platform.

BOSAGORA, a public blockchain platform specialized in Metaverse, launched the MetaCity Forum in May, has signed partnerships with promising companies such as AIITONE, BRI (Canada), IBK Securities, KB Capital, Finger, Crowdy, etc. to build an expanding ecosystem.

The ‘Global ESG Metacity Summit 2021’ with Namyangju City was successfully held at the same time at ‘The Wider Agora’, a Metaverse platform developed by the MetaCity Forum, and at the Jeong Yak-Yong Library in Namyangju. The summit attracted an immense amount of attention with the participation of world-class IT guru Don Tapscott who attended as a special keynote speaker.

PIST TRUST is a blockchain-based digital asset one-stop platform that securitizes digital assets and systematizes various asset management services from trusts to liquidation. It is designed to easily transfer various types of virtual assets within the platform using cross-chain technology that connects multiple blockchains.

Additionally, an NFT marketplace has been recently launched where various works such as artworks, illustrations, sound sources, and game items can be issued as NFTs to prove copyright and ownership of works and to trade them. In the NFT Marketplace, user able to trade NFTs by connecting to the PIST wallet developed by PIST TRUST and Metamask.

With this agreement, BOSAGORA and PIST TRUST will cooperate through technical cooperation for developing the NFT marketplace based on BOSAGORA Metachain, entering the NFT marketplace based on the PIST ecosystem within Metacity’s Meta Media and providing related services as well as cooperation through providing mutual benefits for the development of both companies.

Inhwan Kim, president of BOSAGORA, said, “At Metacity, where real economy and the virtual world come together, convenient yet various benefits will be provided to users through expanding tradable assets into digital assets such as NFTs.”

“As the role of the marketplace that becomes a marketplace is important within Metacity, we plan to do our best to develop an optimized NFT marketplace for Metacity in cooperation with several different partners from around the globe.”