American society RMS Titanic Inc. (RMST) announced a partnership with two hong kong to bring the ship and its relics to the web3 in a format NFT (non-fungible token). The company said in a statement that the collection will feature a limited edition of NFTs, to guarantee the exclusivity and authenticity of each item. She adds that her buyers will form the first community on the subject of titanic. The report.
The partnership between VSAL, RMS and Artifact Labs to immortalize the Titanic
RMST is the company that manages exhibitions on the titanic in the whole world. The partners say the money raised will fund ongoing research, recovery and preservation efforts. Artifact Labs, a society web3 And NFT independent, plans to preserve approximately 5,500 physical artifacts recovered from the titanic using its standard NFT for historical assets on the blockchain.
In 2020, Venture Smart Asia Limited (VSAL), affiliate VSFGbecame the first virtual asset manager in Hong Kong approved by the Hong Kong Securities and Futures Commission to manage portfolios that can invest up to 100% in virtual assets. VSFG lead the structure of the transformation of the intellectual property in NFTenabling the raising of capital for the research, preservation and exhibition of the licenses of the digital assets of the RMS Titanic. On his side, Artifact Labsalso from Hong Kong, will launch the CAD of the luxury vessel, and its members will be able to participate in initiatives such as future diving expeditions on the wreck of the titanic or the development of educational programs, according to the declarations of RMST.
The trio’s commitment to Web 3.0
The semi-autonomous city’s finance secretary, Paul Chan, said Hong Kong will allocate 50 million HK dollars ($6.3 million, 5.9 million euros) to accelerate the development of the third-generation Internet ecosystem in organizing international seminars and workshops for young people, and highlighted “huge potential” of web3. In addition, Chan expressed his hope that these breakthroughs will help industry and businesses better understand the development of borders and promote cooperation between businesses in different sectors.
According to the partners, THE NFT’s of the titanic will allow Titanic enthusiasts to digitally interact with RMST content outside of the physical exhibits that have attracted more than 30 million people. “As custodians of the wreckage of the Titanic, we are determined to ensure that its artifacts are preserved in perpetuity and accessible to future generations. We believe entering the digital space allows us to reach a wider audience with quality programming that educates and inspires”said the President of the RMS Titanic, Jessica Sanders, in the release. Some 5,500 physical artefacts recovered from the British liner will be stored digitally, the company said.
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