With more than 200 visitors expected to attend the event, it
paves the way for Coinllectibles to organise more in-person
exhibitions to showcase its collectibles DOTs.
SINGAPORE -- Oct. 13, 2022 -- InvestorsHub NewsWire --
Metaverse Blockchain company Coinllectibles™, a wholly owned
subsidiary of Cosmos Group Holdings Inc. (OTC:
COSG) is pleased to announce that Coinllectibles will be
celebrating its first anniversary with an arts and collectibles
exhibition at Centricity in the Landmark Chater House, Hong Kong on
25 & 26 Oct 2022.
During the 2-days event, at least US$1.11million worth of art
and collectibles DOTs will be on display. The items on display are
art and collectibles that are currently on sale in
Coinllectibles' MetaMall.
The highlights of the exhibition include ceramics from the
recently launched Coinllectibles Magnificent
Series – with prices ranged between US$190,000 and
US$282,000 each. In addition, luxury Swiss watch manufacturer
Quinting will also be showcasing a specially curated selection of
watches with the most expensive Quinting Panda, valued at
US$208,000.
Commenting on the event, Gerald Gn, Corporate
Finance Director at Coinllectibles, said, "Hong Kong has a
very vibrant arts and collectibles market. In the last 2 years, due
to the COVID-19 restrictions, we have been mainly reaching out to
prospective collectors online. As a whole, we have seen good online
traction and the results have been encouraging. However, with the
Hong Kong government scaling back pandemic restrictions, we really
want to take this opportunity to organise an in-person exhibition
as part of our first anniversary celebrations."
On top of the exhibition, there will also be a Coinllectibles
cocktail evening on 25 October 2022. This is an invite-only event
and more than 100 art collectors and industry insiders are expected
to attend. In total, more than 200 guests are expected over the 2
days.
"For the Coinllectibles team, we see the Hong Kong
Extravaganza as a start of our offline engagement
initiatives. In fact, our events calendar for 2023 is starting to
get filled up as we are planning to participate in a number of
regional as well as international art shows. With such offline
initiatives complementing our online efforts, we are confident that
it will give our brand greater exposure and, in turn, directly
contribute to our sales results," Gerald added.
Commenting on the art and collectibles DOTs on
display, Nancy Wong, Chief Asset Officer of
Coinllectibles, said, "Among all the pieces on show, the
key highlight is the Quinting Panda. This is the only one of its
kind made by Quinting and they do not have other panda themed
watches. On the face of the watch is a hand-painted artwork of a
giant panda – the symbol for endangered species and the
conservation efforts surrounding them. Adding to the significance,
the giant panda is also the national treasure of China, which makes
a fitting highlight for our event. From Coinllectibles'
perspective, this is also just the start and we hope to show a
wider range of valuable art and collectibles in time to come."
The Coinllectibles Hong Kong Extravaganza is
an invite-only event. To get the tickets, please
email Media@Coinllectibles.Art. For more information on
Coinllectibles and its DOT offerings, please visit www.Coinllectibles.Art.
Forward Looking Statements
This press release contains forward-looking statements. All
statements other than statements of historical fact are
forward-looking statements, which are often indicated by terms such
as "anticipate," "believe," "could," "estimate," "expect," "goal,"
"intend," "look forward to," "may," "plan," "potential," "predict,"
"project," "should," "will," "would" and similar expressions. These
forward-looking statements may include, but are not limited to,
statements regarding future business activities including the
expansion into the decentralized financing space. These
forward-looking statements are not promises or guarantees and
involve substantial risks and uncertainties. Among the factors that
could cause actual results to differ materially from those
described or projected herein include uncertainties associated with
operating a business in Singapore and Hong Kong, risk of
interference by the PRC government, ability to compete, that
financial resources do not last for as long as anticipated, and
that COSG is a holding company that may not realize the expected
benefits of DOT's offered by Coinllectibles™. A further list and
description of these risks, uncertainties and other risks can be
found in COSG's regulatory filings with the U.S. Securities and
Exchange Commission, including in its annual report on Form 10-K
filed on April 15, 2022. Existing and prospective investors are
cautioned not to place undue reliance on these forward-looking
statements, which speak only as of the date hereof. COSG undertakes
no obligation to update or revise the information contained in this
press release, whether as a result of new information, future
events or circumstances or otherwise.
For media queries, please contact:
Media@Coinllectibles.Art
About Cosmos Group Holdings Inc
Cosmos is a business group that operates in two business
segments:
- Arts and Collectibles
- Financing
Through Coinllectibles™, the group provides authentication,
valuation and certification (AVC) service, sale and purchase, hire
purchase, financing, custody, security and exhibition (CSE)
services to art buyers through traditional channels, as well as
through leveraging blockchain?technology through the creation of
digital ownership tokens (DOTs).
With subsidiaries licensed under Hong Kong's Money Lenders
Ordinance, the group currently primarily provides unsecured
personal loan to private individuals, with a small portfolio of
mortgage loans. The group is integrating the two business segments
by offering secured financing services to prospective art and
collectibles purchasers to provide a one-stop arts and collectibles
purchasing and financing experience.
About the Company – Coinllectibles™
Coinllectibles™ is a technology company supporting
the collectibles industry with a focus on rare memorabilia and
artworks that exist and have intrinsic value in the real world,
whether tangible or intangible in nature.
Coinllectibles™ applies blockchain, marketplace,
metaverse and DOT technologies as tools to disrupt and enhance the
real world collectibles industry. The technology underpinning DOTs
(digital ownership tokens) has multiple functional use cases that
Coinllectibles™ is applying to areas including art,
sports, watches, numismatics, limited edition toys, limited edition
fashion wear and sneakers. DOTs have the power to transform our
societies and some areas may be subject to regulations.
Coinllectibles™ uses DOT technology solely to provide a
legally-binding digital ownership token (DOT) to a tangible or
intangible collectible.
Website: www.coinllectibles.art
Facebook: https://www.facebook.com/Coinllectibles
Instagram: https://www.instagram.com/coinllectibles/
Twitter: https://twitter.com/coinllectibles
LinkedIn: https://www.linkedin.com/company/coinllectibles
Telegram: https://t.me/Coinllectibles
About Coinllectibles™? Fusion
DOT
Coinllectibles™ prides the Fusion DOT as the industry "Gold
Standard". Being a Gold Standard, a Fusion DOT contains the
following on Arweave – (1) a sale and purchase agreement reflecting
the purchase, by the person minting the Fusion DOT™, of the
underlying asset at a fair value with all rights and restrictions
clearly detailed, (2) bailment terms governing the rights to
possession whilst the underlying asset remains with
Coinllectibles™, (3) a transfer deed reflecting the transfer of the
ownership of the underlying asset (together with all rights and
restrictions) by the transferor to the holder of the Fusion DOT™,
(4) ownership title deed written into the description of the Fusion
DOT™ and (5) the unequivocal identification file of the
underlying asset, whose ownership is reflected in the title deed
represented by the Fusion DOT™.
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