13 Qing Dynasty and Modern Artworks Snapped-Up by
Collectors
SINGAPORE -- October 25, 2022 -- InvestorsHub NewsWire
-- Metaverse Blockchain company Coinllectibles™, a fully owned
subsidiary of Cosmos Group Holdings Inc. (OTC:
COSG), is pleased to announce that the "Magnificent Ceramic
Series" priced at more than US$3.8million has been completely sold
out. Previously launched in September 2022, the collection of 13
Qing Dynasty and modern artworks were promptly snapped up by
collectors.
As a follow-up, Coinllectibles will be launching another 9 items
that are collectively priced at US$547,000. Each collectible will
be tagged with a Coinllectibles' signature Digital Ownership Token
("DOT") that includes legal documentation addressing ownership, a
valuation report and high resolution images of the piece that is
minted on the Blockchain.
Similar to the "Magnificent Ceramic Series", the next series
will feature a collection of exquisite antique works made by modern
artists. There will be 7 limited edition ceramic paintings as well
as 2 ceramic vases. These rare ceramics collectibles were all
delicately created through an extremely high level of Chinese
craftsmanship.
The ceramic painting, titled "High Relief Round Ceramic Painting
with Gold Decorated Dragon Pattern" is an imitation of a classic
masterpiece made during the period when the ceramic industry was
under the supervision of Tang Ying under the reign of Emperor
Qianlong of the Qing Dynasty. Such high-relief ceramic printing
with Dragon patterns has the most demanding firing requirements for
ceramic production, which require meticulous measurement and
deliberation. Only available in 7 quantities on Coinllectibles
MetaMall, this item is an extremely rare collection of the finest
and most elegant wares.
Commenting on the launch, Nancy Wong, Chief Assets
Officer at Coinllectibles™ said, "We are very
encouraged by the response from collectors for the Magnificent
Ceramics Series. The 13 pieces from the previous series were priced
at a premium, with the highest being US$508,000 for a piece. These
9 pieces are priced between US$48,000 to US$63,000 per piece, and
we hope that more collectors will come on at these price
points."
For more information on the Magnificent Ceramics Series, 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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