Photo by Daian Gan
CoinllectiblesTM acquires 58 art pieces after selling out of 55
TVN | SINGAPORE via PRNewswire — CoinllectiblesTM acquires 58 art pieces after selling out of 55 | Metaverse Blockchain company, Coinllectibles™️, a wholly owned subsidiary of Cosmos Group Holdings, Inc. is pleased to announce the successful acquisition of 58 art pieces through the Grand Gallery (the “Collection“), with consideration of US$167,308. The Collection is comprised of various antiques from Dynastic China spanning the Tang, Song and Qing Dynasties.
Tokenization and Commercialization of the Collection
Following the successful and nearly complete sale of the previous collection of 55 sets of collectibles (referred to as the “55-Set”), which CoinllectiblesTM had bought the previous year, the most recent addition to the Collection was purchased. The 55-Set DOT collection has already been effective in generating money for the Company to date, amounting to $9.28 million as of the date of this writing. This was accomplished by partially turning the 55-Set into 32 minted DOTs, 29 of which have been promptly sold thus far.
The strategy of CoinllectiblesTM to collaborate with renowned galleries is one of the factors that contributed to the company’s enormous success up to this point.
Commenting on the acquisition, Marsella Cheng, PR Director at Coinllectibles™️ said, “This is another critical step forward to us. We are extremely thrilled about this new phase of development in the art business which further defines our positioning between physical and digital. We look forward to continuing to build diversity in art community across the globe with the acquisition of more exclusive classical art pieces.”
Photo by Daian Gan
