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
$FAR Token ranks first on Bybit exchange and soars to 44%following staking program launch: Coingecko
Farcana — United Arab Emirates based Bitcoin shooter game, has announced that its $FAR token is now ranked first on Bybit exchange. This development comes after the launch of its staking program, which offers users a 60% annual percentage rate (APR) on their $FAR tokens.
The staking program requires users to utilize the Polygon network for staking their announcement. Following the announcement, $FAR token soared to 44% according to Coingecko.
Founded in 2022, Farcana recently raised $10 million in seed funding from Animoca Brands, Polygon Ventures, Fenbushi Capital, and Merit Circle among others. It is built on Unreal Engine 5 and Farcana shares a similar graphical style with Overwatch, a team-based multiplayer first-person shooter game by Blizzard Entertainment. The game is understood to operate under a free-to-play model.
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A new Ethereum meme coin, Pochita ($POCHITA), has made headlines after skyrocketing in value shortly after its launch. According to on-chain data, one trader turned an initial investment of $3,000 into $150,000 in under three hours, reflecting a near-5000% profit. This rapid surge has drawn comparisons to other meme coins like Bonk ($BONK), which gained significant attention in the Solana ecosystem.
Pochita launched on October 2, 2024, quickly reaching a $20 million market cap within 9 hours, despite the broader crypto market contracting by 2.9% over the past 24 hours. The meme coin sector also dipped 3.2%, now valued at $47.5 billion. Despite the falling prices, Pochita’s rapid rise suggests strong investor sentiment around meme coins remains, especially following recent Federal Reserve interest rate cuts.
Though meme coins are known for their volatility and lack of clear fundamentals, they can provide quick gains for traders. Pochita is being discussed as a potential successor to Bonk, and if it continues its growth, it could join the ranks of other top meme coins like Dogecoin, Shiba Inu, and Pepe Coin.
At the same time, other projects such as Crypto All-Stars ($STARS) are providing new avenues for meme coin holders by offering a unified staking platform where users can stake various meme coins and earn rewards. Crypto All-Stars has already raised over $1.9 million in its presale, indicating strong interest in platforms that provide utility and passive income opportunities for meme coin enthusiasts.
Source: cryptonews.com
The post Mysterious Trader Makes $150,000 Profit in 3 Hours From Just $2,956: Blockchain Analysis appeared first on HIPTHER Alerts.
A recent Binance report highlights critical risks in the cryptocurrency market, warning of the dangers posed by inflated valuations and centralized token ownership. The report cautions that if these issues remain unaddressed, they could destabilize the long-term stability and growth of the crypto industry.
Valuation Concerns: The report emphasizes that overvaluation, particularly in newly launched tokens with low circulating supply, could lead to market bubbles and poor performance. Venture capital funds, which once aggressively invested in crypto, are now scaling back and shifting focus to sectors with more sustainable valuations. As the market becomes saturated with new tokens, the circulating supply could increase exponentially, further straining performance.
Centralization of Token Ownership: Binance also flags the risks of centralization, where large tokenholders dominate ownership. This concentration of power can result in governance issues, market manipulation, and potential crashes caused by sudden sell-offs. The report stresses the need for decentralized control and broad participation to maintain the integrity and resilience of crypto projects.
Transparency and Trust: To mitigate these risks, the report underscores the importance of transparency in fund management. A lack of clear disclosures can erode stakeholder trust and harm project sustainability. Binance notes that greater transparency, like the adoption of proof-of-reserves by platforms such as Coinbase, is crucial for fostering responsible financial management and building long-term trust in the market.
In conclusion, the report urges the crypto industry to prioritize decentralized governance and transparency to ensure sustainable growth and maintain market confidence.
Source: cointelegraph.com
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