LOADING

Type to search

Greenpro Capital Acquires $16 million in Non-fungible Tokens

Greenpro Capital Corp. (GRNQ) announced that it has acquired a limited edition exclusive series of 7,700 NFTs depicting the 1957 Sputnik satellite launch.

Greenpro Capital Corp bought this exclusive series of 7,700 NFTs for $16 million paid via 4.32 million, Greenpro Capital Corp restricted shares and 1 million MFAI shares owned by GRNQ previously issued in May 2020 for its sale of 4% of the Millennium Sapphire. The NFTs are valued at 1 ETH each.

The animated Sputnik NFT series is being sold to the Company by a Greenpro Capital Corp incubation company from last year, Millennium Fine Art Inc. (MFAI) MFAI has built a NFT studio business with prominent artists utilizing animation studios. MFAI owns the Millennium Sapphire and is conducting a Security Token Offering (STO) in late May 2021. MFAI’s main business model is NFT production and fine art masterpieces.

“We are proud to be working with GRNQ on this groundbreaking institutional NFT deal. GRNQ continues to innovate in digital assets and trail blaze.”

Millennium Fine Art CEO, Daniel Mckinney

“We are thrilled to acquire this valuable and exclusive NFT series which will not be sold or available anywhere else. We are planning a series of corporate actions around this unique NFT series. One of GRNQ’s primary business focuses is blockchain and FinTech.”GreenPro CEO Dr.CK Lee

The representation of the Sputnik Satellite on the Millennium Sapphire is a millennia-long commemoration of this significant accomplishment for the current generation and those to come.

About Millennium Fine Art Inc.

With a treasure trove of exclusive copyright content to draw upon, MFAI has put together a team of well-known industry leaders to create a powerful NFT studio that will leverage off our Millennium Sapphire asset. Given the iconic history that has been carved into the world’s largest and finest blue sapphire, we have a plethora of content – 134 scenes – to create ongoing series of limited edition NFTs.

The strategy of partnering with leading studios to work to our vision and collaborations with famous digital artists, allows us to continual tap into new markets and followings. This strategy also allows us to have an ongoing flow of new fresh content based on the original art carvings.

From the Original ‘First man on the moon’ carving to some of the world’s most famous people to landmarks such as the Pyramids and the historic Sputnik launch. These carvings will all be developed into elaborate animated NFTs. Our studio photographer has just completed an elaborate photoshoot in the depths of a bank vault, in a secret location. The content produced, will form the basis of the collaborations with world-famous digital artists and their interpretations via NFT animations to bring these pieces to life.

About the Millennium Sapphire

The Millennium Sapphire is widely considered an icon in the world of art and gems. It is one of the most documented gemstones of modern times. Since its discovery in Madagascar in 1995, this remarkable blue gem has appeared on CNN, BBC, NBC, FOX, and numerous other television networks around the world. It has been written about in virtually every major newspaper and has been the subject of articles published in dozens of magazines, such as Forbes, WSJ and others. The MS was showcased at an Academy Awards event in 2002, also in Seattle in 2004 as part of the festivities surrounding the launch of Princess Cruises’ newest ship, The Sapphire Princess.

About Greenpro Capital Corp.

Headquartered in Kuala Lumpur, Malaysia, Greenpro Capital Corp. (Nasdaq: GRNQ) (a Nevada corporation) with strategic offices across Asia, is a business incubator with a diversified business portfolio comprising finance, technology, banking, CryptoSX, a licensed crypto exchange for Securitized Token Offerings ‘STO’s’, health and wellness and fine art. With 30 years of experience in various industries, Greenpro has been assisting and supporting businesses and High-Net-Worth-Individuals to capitalize and securitize their value on a global scale through the provision of cross-border business solutions, spinoffs on major stock exchanges, and accounting outsourcing services to small and medium-sized businesses located in Asia. The comprehensive range of cross-border business services includes but is not limited to, trust and wealth management, listing advisory services, transaction services, cross-border business solutions, record management services, accounting outsourcing services and tax advisory services. We also operate venture capital businesses, including business development for start-ups and high growth companies, covering finance, technology, FinTech, and health and wellness.


Photo by Ishan @seefromthesky on Unsplash

More Stories:

IPwe and IBM Seek to Transform Corporate Patents With Next Generation NFTs

Transforming ideas into a tradeable asset – how tokenization will disrupt Intellectual Property Rights

Tags:

You Might also Like