Blockchain
Virtual Pangea and Moretti Fine Art Gallery Announce Partnership to bring Old Masters Art into the Metaverse
Blockchain innovator Virtual Pangea AG (www.virtualpangea.com) announces its partnership with the critically acclaimed Moretti Fine Art Gallery, set to open its first virtual gallery in the company’s metaverse later in the year. The news comes as the Old Italian Masters gallery specializing in paintings and sculptures from the 14th to the 17th century, is opening today its doors to a new, refurbished space in London, 12-13 Duke Street, St. James’s.
As one of the icebreakers in its niche entering the metaverse, Moretti Fine Art Gallery will be inaugurating Block-0 – the first block of the Virtual Pangea Metaverse and the first immersive 3D & VR-ready experience coming later this year. The Moretti digital gallery will be located in this massive multistorey structure showcasing the power of NFT technology in a virtual space.
Within this space, Moretti Fine Art clients will witness history in the making, interacting, and buying NFTs of the finest art in the world. The future gallery presents an exciting opportunity for enthusiasts to enjoy art and traditional masterpieces beyond the limitations of the physical, experienced via the best technology has to offer, connecting the ‘real’ and virtual worlds like never before.
Andreea Mocanu, Business Director and cofounder of Virtual Pangea, commented: “The partnership with the Moretti Fine Art Gallery opens the door for art experts and enthusiasts, as well as curious users to enjoy and invest in masterpieces in an exciting and memorable way. We are beyond excited about the opportunity to host such a prestigious gallery in our Block-0 and we are looking forward to growing what is already looking to be a fruitful relationship.”
Fabrizio Moretti founded the Moretti Fine Art Gallery in 1999 at the age of 22, according to his latest interview for FT: “I never felt young at the time. I was ready. It helped, of course, to be in Italy. And there was [more] maturity then that is different today, perhaps the world is not tough enough anymore.” Through trial and error his decades long experience has made Moretti a master of the craft, creating one of the finest Old Masters galleries in the world.
The public can enjoy the inaugural exhibition in the gallery’s new space in London on July 1st, which will include the finest Italian paintings and sculptures, featuring works by Sano Di Pietro, Giovanni Baronzio, Nicolo dell’Abate, and Canaletto, for which the gallery is world-famous.
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Blockchain
This Week in Finance News: 11 Stories You Need to See
With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help finance journalists and consumers stay on top of the week’s most newsworthy and popular releases, here’s a recap of some major stories from the week that shouldn’t be missed.
The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download.
- Prosperity or catastrophe: #Insurance2040 study reveals four possible futures for the industry
By 2040, technological innovation driven by customer centricity could pave the way to greater climate resilience and more personalized offerings by the insurance industry. Alternatively, insurance could become a luxury afforded only to the wealthiest few. - Cardinal Health announces two strategic additions to its portfolio
Cardinal Health will acquire a majority stake in GI Alliance (GIA), the country’s leading gastroenterology (GI) management services organization (MSO), from a combination of GIA physician owners and funds managed by affiliates of Apollo. Cardinal Health will also acquire the Advanced Diabetes Supply Group (ADSG), one of the country’s leading diabetic medical supplies providers, for approximately $1.1 billion in cash. - BlackRock Launches New BUIDL Share Classes Across Multiple Blockchains to Expand Access and Potential of BUIDL Ecosystem
This initiative represents the next step in the evolution of the tokenization market, by enabling BUIDL to be used within leading blockchain-based financial products and infrastructure across ecosystems. - Primo Brands Corporation Announces Successful Completion of Merger of Primo Water and BlueTriton Brands
“I believe Primo Brands is positioned to be a leader in the healthy hydration beverage category, thanks to the strength of its iconic, sustainably-sourced brands, its robust operations and extensive North American network, and its responsible operation of numerous springs across the country,” said Dean Metropoulos, Non-Executive Chairman of the Board of Directors of Primo Brands. - Jackson Hewitt Tax Services Expands Workforce, Offering Job Opportunities Nationwide for Upcoming Tax Filing Season
The week-long event will launch the combined hiring of 18,000 employees to prepare for the upcoming tax filing season. The Jackson Hewitt hiring events are open to the public and include on-site interviews. Qualified candidates could receive a job offer immediately. - PNC Bank to Double Planned Branch Openings to More Than 200 Across Six States This announcement brings the bank’s total investment to approximately $1.5 billion to open more than 200 new branch locations in 12 cities across the U.S. over the next five years, while completing the renovations of 1,400 existing branches during the same time period.
- Alchemy Pay Expands Virtual Card Functionality with Google Pay Support The new card BINs added will significantly enhance the capabilities of crypto cards, expanding their support for a broader range of payment scenarios and improving transaction success rates. This advancement is particularly impactful when paired with Google Pay, one of the most popular and widely used digital payment platforms, trusted by millions for its convenience and security.
- Finaya Unveils Nationwide Homeownership Platform
From providing rich and current information about home values and property conditions, to finding helpful repair and remodeling providers, to shopping for and securing the right insurance, the platform simplifies the homeownership process, making it more accessible, convenient and efficient. - GenAI predicted to inspire revenue growth in 76% of businesses, but only 4% qualify as “leaders” in AI and analytics
Kearney’s report confirms that businesses are not only aware of how big data, AI, and analytics will impact revenue generation and enhance business strategies, but they are investing to stay ahead of the curve, too. - GameAbove Sports Acquires Meaningful Ownership Stake in Brisbane Bullets with NBA Legend George Gervin as Part of Ownership Team
This move marks a significant milestone for GameAbove Sports, a CapStone Holdings Inc. company, as it expands its influence on international basketball ahead of the Brisbane 2032 Olympics. - Most US shoppers are encountering generative AI while shopping without realizing it
A survey of 700 online shoppers in the US shows 71% are unaware of having used generative AI while shopping online even though most had recently shopped at retailers currently using it. 41% of customers say they would feel comfortable using a generative AI tool from a brand they trust.
For more news like this, check out all of the latest finance-related releases from PR Newswire.
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