Pundi X and iBank Digital are pleased to announce the world’s first limited edition Cao Jun designed iBank XPASS card that is made possible with iBank Digital and Art Impact Foundation exclusive collaboration with the world renowned artist Cao Jun.
The designs of the iBank XPass are based on three of Cao Jun’s paintings “Purple Pavilion and Cyan Cloud,” “Once in a Millennium,” and “Spring’s News”. An initial pre-release of 4,000 limited edition of these iBank XPASS cards will be available in New York during Consensus Week 2019.
A total of these 10,000 limited edition Cao Jun designed cards will be produced eventually.
Other than appealing towards avid Cao Jun art collectors with its exclusive Cao Jun designs, the limited edition iBank XPASS card functions like a standard XPASS card where users can transact with the XPOS, store their digital assets or pair the card with their XWallet for a more robust use.
iBank Digital also announced that it is launching the industry’s first blockchain platform that will collateralize rare, limited edition collectibles such as the collectible Cao Jun gift cards onto the IOST blockchain represented as digital assets.
“We are very excited to announce this collaboration in the blockchain space with the renowned artist Cao Jun. This partnership signifies a major movement into the world of distributed ledger technology for the fine arts industry and an acceptance by the market that ownership of rare collectibles can be represented and transacted via blockchain technology” said David Yoo, Managing Director of iBank Digital.
1,000 Cao Jun designed iBank XPASS cards will be donated to Cao Jun’s art fans simultaneous during this global launch with part of the proceeds to be donated to a Charitable Organization. Donation records can also be verified on the IOST Blockchain.
About Cao Jun Art
Cao Jun is a Chinese artist currently residing in New York City. Cao Jun’s core philosophy is that nature and humanity can co-exist harmoniously in order to bring human beings closer to nature. This central theme resonates in his paintings and is treasured by his many fans across the world. Cao Jun’s background of oriental culture education and more than ten years of living abroad and travelling between East and West cultures created his unique cognitive style and academic personality. In addition to using pen and ink in his work, Cao Jun’s artwork espouses the “borrowing the ancients to open the present” by melding together both tradition and modernism in his art. His work is uniquely original, but also in touch with traditional works. His love for life and nature resonates through his artistic charm and expressionism. His work has been featured in exhibitions at the National Art Museum of China ,McMullen Museum of Art at Boston College and Long Island Museum in New York and more. Cao Jun’s work has been offered at auction multiple times, with realized prices ranging from $331 USD to $452,349 USD, depending on the size and medium of the artwork. Since 2009 the record price for this artist at auction is $452,349 USD for Landscape, sold at Poly Auction Hong Kong Limited in 2018.
About iBank Digital Asset
iBank Digital Asset L.P. (“iBank Digital”), based in Vancouver, Canada, is a world leader in the facilitation and underwriting of crypto trading supported by Huobi Cloud and lending through the first open decentralized global lending network. They connect financial institutions and high net worth clients, providing the most convenient, secure and fast trading interfaces and systems and intuitive and efficient new trading platforms for our global digital currency users. Website: http://www.ibankdigital.io
About iBank XPass
The iBank XPass is a Bitcoin wallet provided by iBank Digital and supported by Pundi X technology. The iBank XPass can be used as crypto debit card and consumed in more than 25 countries and cities, including: Argentina, Australia, Brazil, Canada, Germany, Hong Kong, Netherlands, Nigeria, Colombia, Spain, Singapore, South Korea, Switzerland, Taiwan, United Kingdom, United States and more.
IOST is laying the foundation for an ultra-high TPS blockchain infrastructure that meets the security and scalability needs of a decentralized economy. IOST is led by a team of proven repeat founders and backed by $40M from world class investors. https://iost.io