Exclusively designed set of 33 resident pieces During 500 thousand US dollars It will be accompanying the digital property Code (DOT), this will allow owners to resell physical holdings in other NFT markets
SingaporeAnd the October 18 2022 /PRNewswire/ – Metaverse Blockchain Coinllectibles™, a wholly owned subsidiary of Cosmos Group Holdings Inc. (OTC: COSG) to announce that it will participate in 33 auctions to launch Singapore The first DOT auction of arts and collectibles. The auction will be held in the evening of Web 5.0 Conference Day November 1, 2022 At the Grand Copthorne Waterfront Hotel from From 7.30 pm to 9 pm.
Up for auction is an exclusively curated collection of 33 pieces – which includes paintings and sculptures as well as limited edition watches. Catering to new collectors, there will be a selection of items that have starter offers in 500 Singapore dollars ($352). Targeting seasoned collectors, there will be a large selection of collectibles with the highest bid initially 290 thousand Singapore dollars (225 204 USD) For the unique Quinting Panda watch. Some of the other notable pieces offered in the auction include:
Limited Edition Be@rbrick 1000% PVC Sculptures with various designs and bids starting from 800 Singapore dollars (563 USD) to me 1200 Singapore dollars (US$845).
Salvador Dali | Don Quixote. Limited lithograph 54.3 x 76 cm (86 of 300 prints) signed and dated 1956 with the commencement of bidding in 1500 Singapore dollars (1056 USD).
Yu Minjun | without an address. Limited edition silkscreen 106 x 78 cm on paper (23 of 40 issues) signed and dated 2001 with bid starting price 3500 Singapore dollars ($2,465).
Yang Chun | Pavilion Passion 5. 180 x 180 cm oil on canvas with the start of giving at 15,000 Singapore dollars ($10563).
The full list of auction items is available at the following link: https://a Auction.33auction.com/auctions/1-6KJWPU/art-nft-online-live-auction-os038.
All auction items will have accompanying digital ownership Code (DOT), this will allow owners to resell their physical holdings on Coinllectibles MetaMall (www.Coinllectibles.Art) as well as in third-party NFT markets.
Commenting on the auction, Terry LeeHead of Art at Coinllectibles“When we were planning the inaugural DOT auction in Singapore, we played with the possibility of working with famous auction houses from abroad. However, we want to add a value directly to a file Singapore And the Asia artistic scenes. We firmly believe that custom auction houses – such as Auction 33, play an important role in the development of a vibrant regional art ecosystem. After some thought, we have concluded that Auction 33 is the ideal partner to help us achieve the desired outcome.”
Founded in 1999, 33 auction is One From Singapore Leading boutique auction houses in the contemporary Asian arts scene with branches in SingaporeAnd the Indonesia And the China. 33 auction sale witnessed one of the most remarkable achievements Liu Kang street scene painting Singapore Terengganu Street For more than 80% above the estimated price during the 2019 Singapore Art Week auction. Liu Kang He was a famous Singaporean artist known for his Balinese themed figurative paintings and this auction helped set a record price for 183000 Singapore dollars ( 873 128 USD ) about his paintings.
Commenting on the collaboration with Coinllectibles, David Foomanager in 33 auctions“I’m very intrigued with the idea of digital property tokens. As an auction house manager, I can definitely see a lot of potential uses for them. One of the things that caught my attention is how auction winners can put DOTs up for sale in the NFT marketplaces. If this works the way it should it should. Going with it, it will definitely make it easier for Collectors of arts and collectibles. In addition, it will give the entire art ecosystem access to new groups of young collectors – those who may not have previously considered investing in traditional arts and collectibles.”
The inaugural DOT Art and Collectibles Auction by Coinllectibles & 33 Auction is a free event. However, attendees will be required to register in order to participate and bid during the auction. For more information, please refer to the information below.
Title: Collectibles Coins & 33 Art & Collectibles Auction DOT 2022
Date: November 1, 2022
Tabuk: Grand Copthorne Waterfront. 392 Havelock Road, Singapore 169663
time: 7.30 pm – 10 pm
For more information about the Web 5.0 conference, please visit www.Coinllectibles.Art/Web5Conference . For more information about collectible coins and DOT offers, please visit www.Coinllectibles.Art.
This press release contains forward-looking statements. All statements other than statements of historical facts are forward-looking statements, which are often referred to by phrases such as “expect”, “believe”, “could”, “estimate”, “expect”, “objective”, “intend to” and “anticipate” May,” “plan,” “probable,” “expect,” “project,” “should,” “will,” “will,” and similar expressions. These forward-looking statements may include, but are not limited to, statements regarding future business activities including expansion in the field of decentralized finance. These forward-looking statements are not promises or guarantees and involve significant risks and uncertainties. Among the factors that could cause actual results to differ materially from those shown or projected herein, include the uncertainties associated with the operation of the business in Singapore And the Hong Kong, the risk of interference by the government of the People’s Republic of China, competitiveness, that finances do not last as long as anticipated, and that COSG is a holding company that may not realize the expected benefits of the DOT offered by Coinllectibles™️. A list and additional description of these and other risks, uncertainties, and risks can be found in COSG’s regulatory filings with the US Securities and Exchange Commission, including its annual report on Form 10-K filed at April 15, 2022. Existing and potential investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. COSG does not undertake to update or revise the information in this press release, whether as a result of new information, future events or circumstances, or otherwise.
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About Cosmos Group Holdings Inc
Kosmos is a business group that operates in two business divisions:
Arts & Collectibles
Through Coinllectibles™, the group provides Validation, Evaluation, Certification (AVC), Selling, Buying, Leasing, Buying, Financing, Preserving, Security and Exhibition (CSE) services to art buyers through traditional channels, as well as by leveraging blockchain technology through the creation of digital property tokens (DOTs).
With subsidiaries licensed under Hong Kong Money Lenders Act, the group currently mainly offers unsecured personal loans to individuals, with a small portfolio of mortgage loans. The group integrates the two businesses by offering secured financing services to potential buyers of arts and collectibles to provide an integrated buying and financing experience for arts and collectibles.
About the company – coins™
Coinllectibles™️ is a technology company that supports the collectibles industry with a focus on rare memorabilia and existing artwork that has 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 underlying DOTs (Digital Ownership Tokens) has multiple functional use cases applied by Coinllectibles™ in areas including art, sports, watches, numismatics, limited edition gaming, and limited edition fashion apparel and sneakers. DOTs have the power to change our communities and some areas may be subject to regulations. Coinllectibles™️ uses only DOT technology to provide legally binding digital ownership Code (DOT) refers to a tangible or intangible collection.
About Coinllectibles™ DOT . fusion
Coinllectibles™ prides itself on Fusion DOT as the “gold standard” in the industry. Being a gold standard, the Fusion DOT contains the following on the Arweave – (i) a sale and purchase agreement that reflects the purchase, by the person who minted the Fusion DOT™, of the underlying asset at fair value with all rights and restrictions clearly articulated, (ii) warranty terms that govern the rights of tenure while the underlying asset remains with Coinllectibles™️, (iii) a deed of transfer reflecting the transfer of ownership of the underlying asset (together with all rights and restrictions) by the transferor to the owner from Fusion DOT™️, (iv) a title deed written in Description of Fusion DOT™️ and (5) a clear profile of the underlying asset, the ownership of which is reflected in the title deed represented by Fusion DOT™️.
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SOURCE Cosmos Group Holdings Inc.
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