HomeTech & GadgetsAcer Gadget, Starbit set up NFT platform

Acer Gadget, Starbit set up NFT platform

Acer’s subsidiary Acer Gadget and Startbit have jointly established Jcard 2.0, a NFT (non-fungible token) platform for listing and transaction of fashion, entertainment products/services and arts, according to Acer Gadget president Allen Jong.

For Jcard 2.0, Acer Gadget and Startbit have enlisted fashion and entertainment brokerage service provider Catwalk Production House, Taiwan Academy of Fine Arts and Tokyo Chuo MuChunTang Auction.

The platform is intended to boost application of metaverse, which will need cross-domain resources, internationalization and globalization, cooperation among government agencies, industries and academic organizations, Jong noted.

Being a startup founded in 2017, Startbit specializes in developing software programs for enterprises’ blockchain applications. The company launched Startbit Ex, the first decentralized exchange in Asia, in 2018 and has developed STO (security token offering) and NFT platforms. Startbit was invested by Taiwan’s National Development Foundation in July 2019 and by Acer in February 2022.

Metaverse consists of several elements, including AR/VR/XR, wearable devices, small-size providers of services, games and IP, Startbit CEO Sway Teng noted.

The business model for Jcard 2.0 is characterized by listing charges for qualified IP and 5% of transaction revenues as brokerage fee, Teng noted. Listing charges vary, depending on IP conditions, Teng indicated.

Besides the Taiwan market, Jcard 2.0 will be promoted in Southeast Asia, China, Japan and South Korea, Teng said.

Acer Gadget president Allen Jong (left) and Startbit CEO Sway Teng

Acer Gadget president Allen Jong (left) and Startbit CEO Sway Teng
Photo: Aaron Lee, DIGITIMES, March 2022

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