Startbahn is a leading Japanese art tech company that operates Startrail, a sustainable and scalable blockchain infrastructure that assures the reliability, authenticity, and traceability of works. In 2021, Startbahn announced a strategic partnership with SBINFT to expand their NFT business and empower artists alike.

We are pleased to announce that Startrail Registry Record (SRR), NFTs on Startrail, issuers can now sell their work on SBINFT Market, unlocking a new sales distribution channel for issuers via fixed price and auction sales.

This feature update highlight’s Startrail approach to interoperability where the SRR’s terms and conditions of the artwork and the royalty can be scaled across different platforms and marketplaces. Royalties will now be automatically distributed at secondary distribution on SBINFT Market according to the royalty terms that were set at the time the work’s SRR was issued. Along with this latest royalty integration with SBINFT Market, Startrail is always seeking ways to increase interoperability with the greater ecosystem.

■ About Startbahn, Inc. and Startrail
Startbahn is a leading Japanese art tech company aiming to enrich society by providing the technology needed by artists and those involved in art and creative industries around the world. Startbahn operates Startrail, a sustainable and scalable blockchain infrastructure that assures the reliability, authenticity, and traceability of artworks—from physical works such as paintings, sculptures, and installations, to digital works based on data such as images, video, and audio. Providing seamless management of terms & conditions for secondary distribution and other permissions, Startrail can serve as a collection management tool, and due to the nature of blockchain, recorded information cannot be deleted, tampered with, or duplicated. To ensure easy access to Startrail, Startbahn provides a suite of products, including a web application, APIs, and NFC tags for physical objects. Startrail is currently in use by major galleries, ecommerce platforms, art fairs, collectors, artists, and foundations.

https://startbahn.io
https://startrail.io/

■ About SBINFT Co.,Ltd and SBINFT Market
SBINFT Co.,Ltd, which operates a public chain-based NFT marketplace, aims to create a DAO (de-centralized authority) ecosystem and to create new businesses that will lead Web 3.0, beyond the business model centered on the NFT marketplace. SBINFT is also working to utilize advanced technologies such as blockchain and strengthen collaboration with external partners.

https://sbinft.co.jp/

SBINFT Market is an NFT trading platform service that allows users to sell (primary sales) NFTs created by authorized content holders, NFT sellers, and individual crypto-artists, and to trade (secondary sales) NFTs held by other users. SBINFT Market is operated by SBINFT Co.,Ltd.

SBINFT Market：https://sbinft.market/