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    Home»CRYPTO»Real Artifacts of the Sunken Ship Titanic to be Tokenized as NFTs
    Real Artifacts of the Sunken Ship Titanic to be Tokenized as NFTs
    CRYPTO

    Real Artifacts of the Sunken Ship Titanic to be Tokenized as NFTs

    Pieter AvenBy Pieter AvenFebruary 24, 2023Updated:February 24, 2023No Comments3 Mins Read
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    An innovative partnership between the company that watches over the Titanic is underwater ruins and blockchain technology will tokenize valuable artifacts recovered from its wreckage.

    Web3 Company Artifact Labs Will Deal With Tokenization

    Through a groundbreaking three-way collaboration between RMS Titanic (RMST), Hong Kong’s Venture Smart Financial Holdings, and Web3 firm Artifact Labs, investors will soon be able to unlock the potential of unforgettable artifacts from the iconic ship – thanks to tokenization. This process promises access to various innovative Web3 functionalities for those involved.

    RMST’s exclusive rights to recover artifacts from the Titanic and its debris field in the depths of the North Atlantic Ocean will allow selecting items to be transformed into nonfungible tokens (NFTs), enabling shared ownership among members of the public.

    Real Artifacts of the Sunken Ship Titanic to be Tokenized as NFTs

    Venture Smart Financial Holdings will be responsible for creating tokenized instruments that are linked to RMST’s artifacts, allowing accredited investors a compliant avenue to raise capital and fund the research, recovery, preservation, exhibition, and licensing of these valuable assets.

    The 5,500 NFTs to be Created Will Bring Many Advantages to Collectors

    With Artifact Labs’ in-house NFT blockchain system, you can now own a piece of history with the 5,500 recovered artifacts from Titanic through these exclusive non-fungible tokens. Furthermore, any future artifact retrieved will also be offered as an NFT! As part of this collection, collectors enjoy access to exclusive VIP events and exhibitions, such as seminars held with historians and other incredible experiences outside conventional physical displays located in Atlanta and Las Vegas. Embrace the power of digital technology by owning your very own one-of-a-kind RMST content!

    In a momentous unveiling, Artifact Labs is launching its first-ever line of Titanic Non-Fungible Tokens (NFTs), laying the bedrock for an exciting and interactive Web3 community. On top of that, they are creating a remarkable Titanic Decentralized Autonomous Organization (DAO) to let members partake in activities such as proposals and exhibitions related to this historical site.

    The DAO will not only strive to develop educational programs, digital content, and documentaries but also research partnerships and events. As members of the Titanic DAO community, you get to have your voice heard regarding the preservation and exhibition of discovered artifacts from the wreckage too! Token holders oversee this mission’s treasury through governed tokens funded with NFT sales proceeds.

    This Project Could Help Preserve Titanic Artifacts for Future Generations

    Jessica Sanders, President of RMST, emphasized the intention to protect the legacy and artifacts of Titanic through sophisticated digital technology such as NFTs and blockchain in a statement:

    “As guardians for Titanic’s wreck site, our aim is to guarantee that these objects will be safeguarded permanently. We recognize that transitioning into the virtual world enables us to reach out to more people with content which stimulates learning and motivation.”

    With such applications, we could be on the brink of ushering in an era where multiple individuals own heirloom items.

    You might check: UAE Authorities Are Working To Regulate The “Dark Side” Of Metaverse

    artifacts NFT Titanic
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    Pieter Aven

    Pieter Aven is a business and financial journalist based in Boston covering stories at the intersection of business, technology and finance. He holds a degree in Germanic languages from the University of Brussels and a degree in journalism from Boston University. He has written for some of the leading business publications, including the Bloomberg News, Fast Company and Fortune. He is working on a book about the evolution of women’s financial power, focusing on people and decisions that molded the history of women and money in the United States.

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