Artifact Labs, a Hong Kong virtual asset management company, will launch the Titanic NFT and “Titanic DAO”
On February 22, Artifact Labs, a virtual asset management company approved by the Hong Kong Securities Regulatory Commission, announced a cooperation with RMS Titanic, Inc., the legal affairs subsidiary of the Royal Cruise Line Titanic, to launch the NFT series based on about 5500 physical cultural relics recovered by the Titanic. In addition, Artifact Labs will also launch the “Titanic DAO”, Through community governance, manage the proposal of diving exploration, education plan development, digital content, documentary and research plan of the future Titanic site.
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On February 22, Artifact Labs announced their partnership with RMS Titanic, Inc. to launch an NFT series based on cultural relics from the Titanic. Artifact Labs is a virtual asset management company approved by the Hong Kong Securities Regulatory Commission, and RMS Titanic, Inc. is the legal affairs subsidiary of the Royal Cruise Line Titanic.
The NFT series will be based on the 5,500 physical cultural relics recovered from the Titanic, and its launch marks the first time cultural relics have been digitized and turned into an NFT. The series will provide a new way for collectors to own and appreciate these historical relics.
Alongside the NFT series, Artifact Labs also plans to launch the “Titanic DAO”. This innovative system will be governed by its community, and its purpose will be managing the proposal of diving exploration, education plan development, digital content, documentary, and research plan for the Titanic site’s future. The DAO model is based on decentralized decision-making and community governance, allowing all members to decide the future direction of the project.
This collaboration marks a significant step forward for the world of NFTs and virtual assets. As technology advances, more traditional museums and historical sites may consider digitizing their collections to reach a broader audience and preserve history for future generations.
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