Blockchain
Santa Casa da Misericórdia de Lisboa Embraces Digital Art and NFTs With the Launch of Artentik
Santa Casa da Misericórdia de Lisboa (‘SCML’), Portugal’s 500-year-old social enterprise organisation and keeper of the Museum and Church of São Roque in Lisbon that houses one of the most important religious collections in Catholic Europe, announced today its entry into the digital world of NFTs or non-fungible tokens with the launch of Artentik, its brand and marketplace for NFTs.
In much the same way as William Caxton’s printing press opened the door to a broader appreciation of books in the 15th century, so NFTs have created a way for museums and art galleries to share their beautiful and priceless artworks and artefacts with a global audience.
Artentik will be SCML’s curated platform to share digital twins of its treasures and encourage living artists to also sell their works as NFTs. This will enable SCML to monetize and promote its unique cultural heritage to the world while continuing its extensive 500-year support to social causes.
The first NFT drop will take place in December and is drawn from SCML’s sacred art collection, one of the finest in the world.
In the first drop, Artentik will present a set of 13 assets in three art categories – Painting, Relics and Artefacts – about St. Francis Xavier, Christmas and the Nativity. They are unique pieces of an immeasurable richness and symbolism.
Future drops will be drawn from SCML’s expansive collection of art, relics, reliquaries, sculptures, music and new artists.
“In Lisbon, SCML enjoys a warm relationship with residents and visitors to the museum and church and we see a way of extending that relationship globally, and to new generations, through NFTs,” says Edmundo Martinho, President of SCML.
“We have 500 years’ worth of priceless treasures from baroque art to graffiti art that we are keen to share with lovers of art, antiquities and religious history. By creating our own digital window, Artentik, people can view our unique cultural assets, own a digital replica of them through NFTs, and know that the proceeds will be used for social enterprise activities. This is a cultural democratisation of museums, and we are delighted to embrace it,” he added.
Artentik, www.artentik.com, is built on Polygon Layer 2 Ethereum blockchain offering faster transaction speeds, Proof of Stake leading to minimum environmental impact, and reliability. Payment for NFTs will only be accepted in cryptocurrency. Artentik is a joint venture with Boloro Global Limited, a New York City based technology company.
A recent warning from the FBI regarding a crypto money transmitter seems to be aimed at the Samourai Wallet. This development highlights the increasing scrutiny and regulatory challenges faced by privacy-focused cryptocurrency wallets and services.
The FBI warning raises concerns about the use of certain cryptocurrency wallets that prioritize user privacy and anonymity, potentially enabling illicit activities such as money laundering and terrorist financing. While the warning does not explicitly name any specific wallet or service, the language used suggests that the Samourai Wallet may be the target of the advisory.
Samourai Wallet is known for its focus on privacy and security features, including coin mixing and stealth addresses, which aim to enhance user privacy and protect against surveillance and tracking. However, these features have drawn the attention of law enforcement agencies and regulators, who are increasingly concerned about their potential misuse by criminals.
The FBI warning underscores the challenges faced by privacy-focused cryptocurrency wallets in navigating regulatory compliance and law enforcement scrutiny. While these wallets aim to empower users with greater control over their financial privacy, they must also address regulatory requirements and law enforcement concerns to avoid legal and reputational risks.
As the cryptocurrency industry continues to evolve, privacy-focused wallets like Samourai Wallet will need to strike a balance between privacy and compliance, ensuring that they can provide robust privacy features while also addressing regulatory concerns and maintaining transparency with authorities. This delicate balance is essential to foster trust and confidence among users and regulators alike, ultimately enabling the continued growth and adoption of privacy-enhancing technologies in the cryptocurrency space.
Source: cointelegraph.com
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Blockchain
Pantera Capital Plans to Raise $1 Billion for New Fund Offering Exposure to Crypto Assets
Pantera Capital is reportedly planning to raise $1 billion for a new fund that offers exposure to various crypto assets, as reported by Blockchain.News. This ambitious fundraising initiative underscores Pantera’s continued confidence in the potential of the cryptocurrency market and its commitment to providing investors with diversified investment opportunities in the digital asset space.
The new fund from Pantera Capital aims to capitalize on the growing demand for exposure to cryptocurrencies and blockchain-based assets among institutional and retail investors. By offering a comprehensive portfolio of crypto assets, the fund seeks to provide investors with access to a wide range of investment opportunities, spanning cryptocurrencies, tokens, and other digital assets.
Pantera’s decision to raise $1 billion for the new fund reflects its optimistic outlook on the long-term growth prospects of the cryptocurrency market. With increasing mainstream adoption and institutional interest in cryptocurrencies, Pantera sees significant potential for value creation and capital appreciation in the digital asset space.
As one of the leading blockchain-focused investment firms, Pantera Capital is well-positioned to attract capital from investors seeking exposure to the cryptocurrency market. The firm’s track record of successful investments and its experienced team of investment professionals are likely to bolster investor confidence and support for the new fund.
Pantera Capital’s plans to raise $1 billion for its new fund underscore its commitment to driving innovation and growth in the cryptocurrency market. As the fund attracts capital and deploys it into promising investment opportunities, it is poised to play a key role in shaping the future of the digital asset ecosystem.
Source: blockchain.news
The post Pantera Capital Plans to Raise $1 Billion for New Fund Offering Exposure to Crypto Assets appeared first on HIPTHER Alerts.
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