Romania plugs into Web3 with national NFT marketplace

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Romania plugs into Web3 with national NFT marketplace
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Romania's government drives adoption of Web3 with the launch of a national NFT marketplace.

Romania’s National Institute for Research and Development in Informatics aims to drive Web3 adoption in the country with the launch of an in-houseThe institutional NFT platform, dubbed ICI D|Services, will go live on April 26 and aims to create a link between private and public sector institutions and users. The platform is primarily an NFT marketplace, allowing public and institutional users to mint, manage and trade NFTs.

Gheorghe says that NFTs have gained significant popularity in recent years due to their capability of creating unique and scarce digital assets that can be applied across numerous use cases. This in turn has made them valuable assets for institutions, which led to the proposal of the NFT platform within ICI Bucharest in late 2021.

Gheorghe, who holds a PhD in Blockchain Technology and Industrial Engineering, says the project has been backed by the Romanian Government through the Secretariat–General as well as the Romanian Ministry of Research, Innovation and Digitalization:

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