NEW YORK, NY / ACCESSWIRE / July 16, 2021 / Millennium Fine Art Inc. (MFAI) today announced that its wholly owned subsidiary, MS Token, has minted its first limited edition exclusive series NFT depicting the 1957 Sputnik satellite launch direct to the retail market.
The still image outtakes from the historic $16 million animated Sputnik NFT are being auctioned by the Company on the Rarible and other NFT platforms to be announced. Millennium Fine Art Inc. (MFAI) MFAI has built a NFT studio business with prominent artists utilizing animation studios. MFAI owns the Millennium Sapphire through subsidiary MS Token LLC (MS Token) and is planning to complete a Security Token Offering (STO) of MS Token later this year. MS Token’s main business model is NFT production and fine art masterpieces.
MFAI CEO, Daniel Mckinney said: “we are proud to launch our first retail NFT auction today. MFAI and MS Token have already sold US$37.6 million of NFTs in institutional sales in the last 90 days.
The representation of the Sputnik Satellite on the Millennium Sapphire is a millennia-long commemoration of this significant accomplishment for the current generation and those to come.
Please view the Sputnik lapis Launch NFT auction: https://rarible.com/token/0xd07dc4262bcdbf85190c01c996b4c06a461d2430:641092?tab=owners
About Millennium Fine Art Inc., and MS Token LLC
With a treasure trove of exclusive content to draw upon, MS Token, the owner of the Millennium Sapphire has put together a team of industry leaders to create a powerful NFT production studio leveraging off of the content carved on the Sapphire. 134 scenes, representing the high points in human civilization over the past 5,000 years, are carved on the Millennium Sapphire. These carvings form the inspiration of MS Token’s NFT productions.
The Millennium Sapphire is widely considered an icon in world of art and gems. It was designated the World’s Largest Carved Sapphire by Guinness World Records in 2001 and is one of the most documented gemstones of modern times. Since its discovery in Madagascar in 1995, this remarkable blue gem has appeared on CNN, BBC, NBC, FOX and numerous other television networks around the world. It has been written about in virtually every major newspaper and has been the subject of articles published in dozens of magazines, such as Forbes, WSJ and others. The MS was showcased at an Academy Awards event in 2002, also in Seattle in 2004 as part of the festivities surrounding the launch of Princess Cruises’ newest ship, The Sapphire Princess. www.millenniumsapphire.com
MS Token pursues a strategy of partnering with leading digital artists and studios to develop unique NFTs. This strategy allows the company to have an ongoing flow of fresh content drawing inspiration from the original carvings on the Sapphire. From carvings of some of history’s most famous people to landmarks such as the Pyramids and the historic Sputnik launch on the Millennium Sapphire will be developed into NFTs over time. The content produced, will form the basis of the collaborations with world famous digital artists and their interpretations via NFT animations to bring these pieces to life.
This press release contains forward-looking statements, particularly as related to, among other things, the business plans of the company, statements relating to goals, plans and projections regarding the company’s financial position and business strategy. The words or phrases “plans,” “would be,” “will allow,” “intends to,” “may result,” “are expected to,” “will continue,” “anticipates,” “expects,” “estimate,” “project,” “indicate,” “could,” “potentially,” “should,” “believe,” “think,” “considers” or similar expressions are intended to identify “forward-looking statements.” These forward-looking statements fall within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934 and are subject to the safe harbor created by these sections. Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties. Such forward-looking statements are based on current expectations, involve known and unknown risks, a reliance on third parties for information, transactions or orders that may be cancelled, and other factors that may cause our actual results, performance or achievements, or developments in our industry, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties related to the fluctuation of local, regional, and global economic conditions, the performance of management and our employees, our ability to obtain financing, competition, general economic conditions and other factors that are detailed in our periodic reports and on documents we file from time to time with the Securities and Exchange Commission. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date, and the company specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement.
Contact Dennis Burns. Investor Relations.
Tel (567) 237-4132
SOURCE: Millennium Fine Art Inc.
View source version on accesswire.com: