Which companies will work on tokenizing Titanic artifacts?
First-of-its-kind digital assets management platform to win approval from the Hong Kong HKSFC, Titanic Inc, Venture Smart Financial Holdings and another one-of-a-kind wEB 3.0 Company, Artifacts Labs are on a mission to find and preserve cultural history on the blockchain.
Which artifacts will be tokenized?
Through the partnership, the three platforms intend to connect the physical artifacts of the RMS Titanic with the blockchain. By doing so, they will unlock the intrinsic value of these artifacts completely, and tokenize them into virtual assets.
The ambitious project announced its mission as to “Preserve and Connect History on the Blockchain” This will allow easy preservation of the Titanic’s legacy and enable ease of access by the general global public. The artifacts will run as immutable non-fungible tokens (NFT). RMST, the company that owns the exclusive rights to recover the Titanic’s artifacts from the ocean wreckage is also taking part in the project. Which makes the project a great move. The E/M Group or the Experiential Media Group, an affiliate of the RMST runs Titanic Exhibitions – a spot that’s the love of nearly 30 million global visitors.
What is the role of Venture Smart Financial Holdings?
Are you ready to jump on board the Titanic tokenization train? I sure am, because nothing screams “fun investment opportunity” like a shipwreck that happened over a century ago. Is it not a big flex?
Now, some of you may be wondering, “But what exactly is Venture Smart Financial Holdings (VSFG) going to do with all of these Titanic artifacts?” Well, they’re going to do what any responsible virtual asset manager would do – they’re going to tokenize the crap out of them.
And let’s not forget about the exclusive benefits of owning a Titanic NFT. You’ll get VIP access to exhibitions, seminars with historians, and other one-of-a-kind experiences. It’s like being a member of an exclusive club, only instead of rubbing elbows with the rich and famous, you get to geek out over a shipwreck.
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But all jokes aside, tokenizing historical assets is actually a pretty cool idea. It makes these artifacts more accessible to the public and ensures that they’ll be preserved for future generations. Plus, it’s a new way to invest and fundraise, which is always a plus in my book.
Who will create NFTs?
The Titanic shipwreck has become one of the most iconic events in maritime history, with countless artifacts recovered from the wreckage. Now, thanks to the wonders of blockchain technology, those artifacts will be immortalized as non-fungible tokens (NFTs) for all eternity.
Artifact Labs has announced that they will be tokenizing the approximately 5,500 physical artifacts recovered from the Titanic using their NFT standard for historical assets on the blockchain. They’re even planning to mint newly recovered relics from future expeditions as “ARTIFACTs”.
Now, I know what you’re thinking. “Who cares about some old plates and silverware from a ship that sank over a hundred years ago?” Well, my friend, there are plenty of people out there who care very deeply about this sort of thing. And let’s be real, who wouldn’t want to own a piece of history that’s been sitting at the bottom of the ocean for over a century? It’s like owning a piece of the moon, but with less cheese.
The Titanic DAO will be home to members involved in all sorts of RMS Titanic initiatives, including proposing future dive expeditions, conducting research, forming partnerships, and hosting events. It’s like being a part of an exclusive pirate crew, but instead of plundering treasure, we’ll be diving deep into the history of one of the most iconic shipwrecks of all time.
And let’s not forget about the funding. The Titanic NFT sales will go straight into the Titanic DAO treasury, making sure that future initiatives can be properly supported. It’s like investing in a buried treasure, but instead of gold and jewels, it’s the knowledge and history that we’ll uncover.
But wait, there’s more! This isn’t RMS Titanic’s first rodeo in the NFT world. Last April, they teamed up with Crypto.com to release NFT coins, tokenized pictures, and videos of the Titanic that were taken from the seabed. It’s like they were testing the waters, but now they’re ready to dive even deeper.