Blockchain
ARTCELS Launches New Art Portfolio ‘Millennials’ With Banksy NFTs
Digital art investments platform ARTCELS today announces the launch of their new blue-chip art portfolio ‘Millennials’ on 22 April 2021. Available to investors as share-based ownership using non-fungible tokens (NFTs), it is backed by its own revolutionary Swiss-based cryptocurrency – ARTEM. The portfolio of artworks will also be exhibited in a specially curated show at HOFA Gallery for both investors and the public to enjoy.
The new portfolio features ultra-contemporary blue-chip artworks by coveted artists such as Banksy, Nina Chanel Abney, Jonas Wood, Josh Sperling, Yoshimoto Nara, and others. These artists have seen their works appreciate in value and demand-driven largely by the patronage of the millennial collectors who are boldly shaping the frontiers of the art market despite the economic downturn brought on by the pandemic.
ARTCELS was originally launched in February 2020:
- ARTCELS is a pioneering asset-based tokenized art investment platform that uses NFTs, blockchain technology and cryptography to facilitate safe and secure investment in some of the most valuable blue-chip contemporary art on the market today.
- The model provides state-of-the-art authentication at the point of sale and purchase while also allowing investor members to opt for partial and shared ownership in the artworks they carefully curate.
- Through this flexible model, ARTCELS has opened the door for young and tech-savvy art enthusiasts to invest in and enjoy the phenomenal blue-chip contemporary artworks they broker.
ARTCELS’ new portfolio ‘Millennials’ launches 22 April 2021:
- Millennials marks a major step up for ARTCELS, which is looking to build on the sold-out success of their inaugural ‘XXI’ portfolio which closed on a record high, having attracted investors across multiple markets and won major plaudits for the innovative investment services and virtual art experiences they provide.
- The price of a single ‘Millennials’ share is $1,000 USD and the portfolio opens with an initial offering of $250,000 USD, capped at 250 shares.
- The ARTCELS team believes with ‘Millennials’ they will attract larger value commitments from member investors who stand to cash-in on significant returns as art remains one of the most secure investment options available.
Consisting mainly of single and limited-edition artworks, the ‘Millennials’ portfolio has been curated with an eye on collections that resonate with the millennial generation and a focus on Asian collectors. The inclusion of works by Banksy is certain to be yet another high note for ‘Millennials’ as the popular British artist remains very much a global art phenomenon. Admirers of Josh Sperling and Yoshimoto Nara, whose art has been exhibited in Hong Kong and Japan, and Jonas Wood, whose energetic and colourful paintings have featured on billboards and murals from New York to Los Angeles, will also find ARTCELS’ new portfolio an attractive investment option.
Along with the opportunity to invest in lucrative portfolios of contemporary art, ARTCELS’ members also benefit from a personalised online gallery, investor dashboard and in-platform social network, all accessible within the ARTCELS’ mobile app.
Commenting on the new ‘Millennials’ portfolio, ARTCELS Co-Founder Elio D’Anna, said, “Our inaugural portfolio, ‘XXI’, which débuted in 2020, sold out quickly and was a resounding success, showcased in gallery and virtual exhibitions held in London, Los Angeles, and Mykonos for our members and the public to enjoy.”
He adds “So, in 2021, we’re dreaming bigger and aiming higher with our new ‘Millennials’ portfolio. It represents the very best in contemporary art today and we are confident that our prospective and current investors will be exceedingly pleased by the quality of art they will get to enjoy and the potentially significant scale of their investment returns.“
Blockchain
Elizabeth Warren Urges Treasury Secretary Yellen to Implement Strong AML/CFT Measures for Stablecoins
In a recent communication directed to Treasury Secretary Janet Yellen, US Senator Elizabeth Warren has strongly advocated for the incorporation of robust Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) measures specifically tailored for stablecoins. Senator Warren’s correspondence underscores the critical importance of adopting the full array of AML tools outlined by the Treasury Department in a prior November 2023 communication to Congress.
Senator Warren has underscored the burgeoning threat posed by cryptocurrencies, particularly stablecoins, to national security. She has specifically drawn attention to instances where entities like Iran and Hamas have turned to cryptocurrencies as a means to raise funds and support terrorist activities. To effectively address this evolving threat landscape, Senator Warren asserts that any forthcoming crypto legislation must encompass comprehensive AML/CFT authorities as requested by the Treasury Department.
Moreover, Senator Warren has made reference to the testimony provided by Deputy Secretary Adewale O. ‘Wally’ Adeyemo before the Senate Committee on Banking, Housing, and Urban Affairs. In this testimony, Adeyemo emphasized the critical need for additional AML authorities to combat the growing menace posed by cryptocurrencies. Senator Warren has pointed out that the exclusion of crucial actors within the digital asset ecosystem, such as miners and validators, from AML/CFT requirements could potentially enable nefarious actors to exploit the increased crypto trading facilitated by stablecoin legislation.
Senator Warren’s steadfast stance on the regulation and oversight of cryptocurrencies is aligned with her prior efforts aimed at curbing illicit activities and safeguarding consumers, the financial system, and national security interests. She has persistently advocated for the closure of loopholes in AML regulations that allow sanctioned entities like Iran to derive revenue through crypto transactions. Furthermore, Senator Warren has consistently voiced concerns regarding the exploitation of cryptocurrencies in terrorist financing schemes and has called for the implementation of stronger regulatory frameworks to protect both consumers and national security interests within the realm of stablecoin-related legislation.
Source: blockchain.news
The post Elizabeth Warren Urges Treasury Secretary Yellen to Implement Strong AML/CFT Measures for Stablecoins appeared first on HIPTHER Alerts.
Binance has rolled out Binance Megadrop, a novel token launch platform that blends airdrops with Web3 quests. This platform enables users to engage in BNB Locked Products subscriptions and complete tasks within their Web3 Wallet to earn early rewards from chosen Web3 projects, even before their tokens hit the Binance Exchange.
The inaugural project featured on Binance Megadrop is BounceBit (BB), a BTC restaking chain. Here are the token specifics for BounceBit: Max Token Supply: 2,100,000,000 BB, Megadrop Token Rewards: 168,000,000 BB (8% of max token supply), Initial Circulating Supply: 409,500,000 BB (19.5% of max token supply).
To kickstart their journey with Binance Megadrop, users must log into their Binance account and ensure they possess an active Binance Web3 Wallet. From there, they can subscribe to BNB Locked Products and/or fulfill Web3 Quests to accumulate scores. These scores dictate the rewards received through the Megadrop program.
The scoring mechanism for Megadrop relies on the Locked BNB Score, determined by the quantity of BNB subscribed and the subscription period’s duration. Users also earn a Web3 Quest Bonus and a Web3 Quest Multiplier upon completion of designated Web3 Quests. The total score is computed by applying the Web3 Quest Multiplier to the Locked BNB Score and adding the Web3 Quest Bonus.
Importantly, only wallets created within the Binance Web3 Wallet and not external wallets will count towards Megadrop participation. Megadrop rewards will be airdropped to users’ Binance Spot Wallets.
Users must undergo identity verification and maintain at least one active Binance Web3 Wallet to qualify for Megadrop rewards. Additionally, certain jurisdiction-based eligibility criteria apply. Users from Australia, Canada, Cuba, Crimea Region, Hong Kong, Iran, Japan, New Zealand, Netherlands, North Korea, Russia, Singapore, Syria, United Kingdom, United States of America, and its territories are presently ineligible to participate in BB Megadrop.
Binance Megadrop is aimed at offering users an interactive and rewarding experience within the crypto realm. Further details regarding the Megadrop amount, Web3 Quests, and the comprehensive listing plan will be disclosed separately.
Source: blockchain.news
The post Binance Launches Megadrop: A Token Launch Platform with Airdrops and Web3 Quests appeared first on HIPTHER Alerts.
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