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WISeKey Join forces with Polygon to Auction NFT of Kobe Bryant Autographed Black Mamba Package to be auctioned by GDGC Enterprises into its WISe.Art Platform

WISeKey Join forces with Polygon to Auction NFT of Kobe Bryant Autographed Black Mamba Package to be auctioned by GDGC Enterprises into its WISe.Art Platform

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Geneva – September 13th , 2021 – WISeKey International Holding (SIX: WIHN, NASDAQ: WKEY) (“WISeKey”, or “the Company”), a leading cybersecurity, AI and IoT company, today announced that it is joining forces with Polygon, the blockchain of choice for NFTs, NFT marketplaces, and blockchain games and GDGC Enterprises, a New York based NFT and luxury asset advisory firm that specializes in the tokenization and sale of select assets across the globe to Auction the NFT of Kobe Bryant Autographed Black Mamba Package to be auctioned by GDGC Enterprises into its WISe.Art Platform

GDGC Enterprises, LLC (“GDGC”), a New York based NFT and luxury asset advisory firm that specializes in the tokenization and sale of select assets across the globe, to auction the late Kobe Bryant autographed Black Mamba NFT package.

Polygon is a platform for Ethereum scaling and infrastructure development, as well as for networking Ethereum-compatible blockchains.  The Ethereum ecosystem has been eagerly awaiting the upcoming Ethereum 2.0 upgrade to potentially improve the network’s scalability issues.  

Polygon has become the blockchain of choice for NFTs, NFT marketplaces, and blockchain games. Its ultra-low transaction fees and sustainable Proof-of-Stake (PoS) consensus mechanism makes Polygon a more practical option for activities such as minting and trading NFTs. Polygon Studios, the Gaming and NFT arm of Polygon already works with most today’s top blockchain-based Web 3.0 games and NFT projects, including Decentraland, Opensea, Sandbox, Somnium Space, Decentral Games, and has 6x more gaming and NFT Dapps than any other chains outside of Ethereum main chain at around 300+ gaming and NFT Dapps.

The combination of Polygon and WISeKey technologies are a perfect mix to ensure this type of high end NFT auction that consist of a limited Edition 1/3 18K Rose Gold Tourbillion Black Mamba watch, designed, and signed by Kobe Bryant, a sneaker signed by Kobe Bryant and a custom curated digital artwork designed by New York City based artist Moshé Douglas. The auction will go live on September 20, 2021, through the WISe.Art digital marketplace, with a starting price of $ 1,008,240.

As previously announced, WISeKey launched its WISe.Art NFT platform (https://www.wise.art) for the collectible and luxury market on September 1, 2021, following a series of market test auctions, including the two world premiere NFT auctions of the digital twins of a physical watch.

Sandeep Nailwal, Co-Founder of Polygon said, “We are delighted that WISeKey has selected Polygon for the commercial launch of their Trusted NFTs solution. Their high-value NFTs, designed to test the appetite of the art and collectible community requires someone like Polygon, whose ultra-low transaction fees and sustainable Proof-of-Stake (PoS) consensus mechanism are essential in meeting the demands of WISeKey’s high-volume marketplace.”

Carlos Moreira, WISeKey’s CEO noted, “We are excited to have the Black Mamba NFT package auctioned through our WISe.Art platform. Our WISe.Art NFT platform is a fully fledged marketplace with its own digital currency, has the ability to include curators and multipliers, while-labeling options and special NFT designs. The NFT design of the WISe.Art platform ensures that besides an authenticated and signed version of the actual digital asset, it creates an irreversible link to the physical object, provides proof of ownership, provenance and a set of contracts describing future use and monetization streams. The NFT platform secured by WISeKey’s various security technologies, enables the authentication of physical objects as well as digital assets, in a safe end-to-end process.  Furthermore, NFTs on the WISe.Art platform are fully carbon neutral to comply with upcoming ESG regulations and the desire of most collectors to protect the planet.” 

In 2013, Kobe Bryant signed the Black Mamba watch which features a manual winding brushed movement, 27 jewels, mono-metallic balance rotating in a one-minute tourbillon carriage, 18k rose gold and titanium case, ceramic bezel insert, ceramic bezel, skeletonized brushed dial, subsidiary dials for the chronograph and 30-minute registers, brushed serpent form around the tourbillon and registers, sapphire crystal back secured with Kobe Bryant signature, single pusher at 2 o’clock and dial and movement signed by Kobe Bryant with an 18k rose gold and titanium deployment clasp.

Diamonté D. Zarba, Managing Partner of GDGC Enterprises LLC commented, “The management team at GDGC is honored to be partnering with globally-renowned WISeKey in our quest to bring luxury realism to the metaverse. We believe that with the launch of the WISe.Art marketplace, WISeKey offers by far the strongest and most secured platform to house the upcoming auction for our one-of-a-kind Black Mamba NFT package. We are not only excited for this transaction but also for the future of the luxury NFT space.”

The package is valued at a minimum of $10 million, according to GDGC Enterprises. The firm will donate $50,000 of the proceeds to the Greater Los Angeles Make-a-Wish Foundation.

“That’s going to help us probably grant an additional five wishes this year, which is so important with looking at the last year and how hard fundraising has been in our current environment with the pandemic,” said Make-A-Wish Greater Los Angeles President and CEO Mike Kallhoff.

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.

About Polygon Studios

Polygon Studios is the Gaming and NFT arm of Polygon focused on growing the global Blockchain Gaming and NFT Industry and bridging the gap between Web 2 and Web 3 gaming through investment, marketing, and developer support. The Polygon Studios ecosystem comprises highly loved games and NFT Dapps like OpenSea, Upshot, Aavegotchi, Zed Run, Skyweaver by Horizon Games, Decentraland, Megacryptopolis, Neon District, Cometh, and Decentral Games.
If you’re a game developer, builder, or NFT creator looking to join the Polygon Studios ecosystem, get started here.
Website | Twitter | Reddit | Telegram

About Polygon

Polygon is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building and connecting Secured Chains like Optimistic Rollups, zkRollups, Validium, etc, and Standalone Chains like Polygon POS, designed for flexibility and independence. Polygon’s scaling solutions have seen widespread adoption with 500+ Dapps, ~567M+ txns, and ~6M+ daily txns.
If you’re an Ethereum Developer, you’re already a Polygon developer! Leverage Polygon’s fast and secure txns for your Dapp, get started here.
Website | Twitter | Ecosystem Twitter Studios Twitter | Reddit | Discord | Telegram | Instagram

About GDGC Enterprises LLC:

GDGC Enterprises LLC, is a full service Non-Fungible Token (NFT) and luxury asset advisory firm that specializes in the tokenization and sale of select assets across the globe. Through its partnerships with industry leading firms, GDGC Enterprises provides a vertically integrated full scope process from provenance to sale for select luxury assets throughout the world.  Once, the provenance, is certified it is then minted as an NFT (Non-Fungible Token) on the Ethereum blockchain. Once, minted the NFT is then bundled with the physical asset creating a package. Through the Wise.Art platform, GDGC facilitates a digital auction for the NFT package which is then marketed and facilitated.

Press and investor contacts:

WISeKey International Holding Ltd
Carlos Moreira
Chairman & CEO
Tel: +41 22 594 3000
info@wisekey.com

WISeKey Investor Relations (US)
Lena Cati
The Equity Group Inc.
Tel: +1 212 836-9611
lcati@equityny.com

FOR PRESS ENQUIRIES:
Denise Finnegan
R.Couri Hay Creative Public Relations
denise@rcourihaycpr.com
T: 212.580.0835

Sarah Gartner
R.Couri Hay Creative Public Relations
Sarah@rcourihaycpr.com
T: 212.580.0835

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.

WISeKey has joined forces with Polygon, to offer Trusted NFTs solution to masses with the launch of WISe.ART NFT platform in September 2021. Polygon is a platform for Ethereum scaling and infrastructure development, as well as for networking Ethereum-compatible blockchains.  The Ethereum ecosystem has been eagerly awaiting the upcoming Ethereum 2.0 upgrade to potentially improve the network’s scalability issues.  

Polygon has become the blockchain of choice for NFTs, NFT marketplaces, and blockchain games. Its ultra-low transaction fees and sustainable Proof-of-Stake (PoS) consensus mechanism makes Polygon a more practical option for activities such as minting and trading NFTs. Polygon Studios, the Gaming and NFT arm of Polygon already works with most today’s top blockchain-based Web 3.0 games and NFT projects, including Decentraland, Opensea, Sandbox, Somnium Space, Decentral Games, and has 6x more gaming and NFT Dapps than any other chains outside of Ethereum main chain at around 300+ gaming and NFT Dapps.

Carlos Moreira, Founder and CEO of WISeKey noted, “We are thrilled to cooperate with Polygon to commercially launch our Trusted NFTs solution.  WISe.Art is a fully-fledged marketplace with its own digital currency, has the ability to include curators and multipliers, white-labeling options, and special NFT designs. The NFT design of the WISe.Art platform ensures that besides an authenticated and signed version of the actual digital asset, it creates an irreversible link to the physical object, provides proof of ownership, provenance, and a set of contracts describing future use and monetization streams. The NFT platform is secured by WISeKey’s various security technologies enabling the authentication of physical objects as well as digital assets, in a safe end-to-end process.”  

Sandeep Nailwal, Co-Founder of Polygon said, “We are delighted that WISeKey has selected Polygon for the commercial launch of their Trusted NFTs solution. Their high-value NFTs, designed to test the appetite of the art and collectible community requires someone like Polygon, whose ultra-low transaction fees and sustainable Proof-of-Stake (PoS) consensus mechanism are essential in meeting the demands of WISeKey’s high-volume marketplace.”

The commercial launch of the WISe.Art platform follows a series of market test auctions (started April 2021) of high-value NFTs, designed to test the appetite of the art and collectible community and fulfill the needs of this exclusive and high-volume marketplace.  These market tests included the two world premiere NFT auctions of the digital twins of a physical watch.  

The WISe.Art platform allows trading of NFTs into WISeKey’s own TrustECoin cryptocurrency, enabling market participants to stay anonymous – if they so choose – while ensuring the necessary KYC processes to avoid unwanted activity on the marketplace. 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 the 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.