a luxury Swiss watch brand partners with Coinllectibles to launch Digital Ownership Tokens (DOT) worth over $450,000 at the Global Web 5.0 Conference in Singapore on November 1, 2022

0

Quinting will also be exhibiting these limited edition watches for the first time in Singapore at the Global Web 5.0 conference

SINGAPORE, October 4, 2022 /PRNewswire/ — Metaverse Blockchain Coinllectibles™️, Cosmos Group Holdings Inc. (OTC: COSG), is pleased to announce that it will partner with Quinting, a Swiss luxury watch brand, to launch 5 watches in limited edition as well as a Digital Ownership Token for each watch at the upcoming World Web 5.0 Conference in Singapore on November 1, 2022. This will be the first time that Quinting watches will be exhibited in Singapore.

Prices for these watches will range from $38,000 at $208,000. The models on display will be:

  1. quinting panda
  2. Quinting Moonlight Tour
  3. Quinting Challenge
  4. Quinting 24 Hours of Le Mans QGL55CR24H
  5. Quinting 24 Hours of Le Mans QSL55CR24H

In Swiss, there are 2000 brands but only 25 manufacturers of Swiss watch movements. Quinting belongs to a very closed circle of Swiss brands which have their own manufacturing plant. A pioneer in the watch industry, Quinting was one of the first to use sapphire crystals to create a completely transparent movement. Each Quinting watch is handcrafted in its manufacturing facility in Geneva, Swiss which makes it inimitable.

Quinting’s most emblematic watch is “La Colombe de Geneva“. This collection is also known as “The Presidents Watch” featuring many political leaders – including bill clintonformer US President, Joseph Deissthe former president of the UN, as well as 3 former presidents of Swiss own it. Quinting watches are also highly sought after by celebrities, and they are worn by French actor Gérard Depardieu and hong kong celebrity Michelle Ye. This will be the first time Quinting has minted Digital Property Tokens (DOT) for its watches.

Pascal BerclazPresident and CEO of Quinting SAsaid, “We are delighted to be working with Coinllectibles and to be part of the Global Web 5.0 conference. We have been closely following the development of the NFT space. As the general NFT market is going through a crypto winter, I believe that “it is timely to start this project with Coinllectibles. It is mainly because we use NFT technology to represent the title of ownership of the actual watch, and I see it as another way for collectors to buy these watches in limited edition.

“As a company, we have always wanted to enter the Singapore market and were looking for a good partner to do so. Based on the market research we have done, Singapore is ranked 5e richest city in the world[1] with nearly 250,000 millionaires. Being the second largest Asian country in terms of number of millionaires, Singapore will naturally be a market we want to be in and we are delighted to partner with Coinllectibles to do just that.”

Benny PhangCoinllectibles Partnerships Directorsaid, “Coinllectibles is always looking for ways to bring value to our partners as well as the community. We aim to do this by bringing these internationally renowned brands to Singapore through our inaugural Global Web 5.0 conference and demonstrating that there are real use cases for NFTs. We believe that NFT, as a technology, has many practical uses and we aim to roll out more of these initiatives in the coming months.”

For more information on Coinllectibles, please visit www.Coinllectibles.Art/. For more information on Web 5.0 conferencing, please visit www.Coinllectibles.Art/Web5Conference.

Forward-looking statements

This press release contains forward-looking statements. All statements other than statements of historical fact are forward-looking statements, which are often indicated by words such as “anticipate”, “believe”, “could”, “estimate”, “expect”, “target”. , “intend”, “look forward to”, “may”, “plan”, “potential”, “predict”, “project”, “should”, “fly”, “would” and similar expressions. These forward-looking statements may include, but are not limited to, statements regarding future business activities, including expansion into the decentralized finance space. These forward-looking statements are neither promises nor guarantees and involve substantial risks and uncertainties. Among the factors that could cause actual results to differ materially from those described or projected herein are the uncertainties associated with operating a business in Singapore and hong kong, risk of PRC government interference, ability to compete, that financial resources may not last as long as expected, and that COSG is a holding company that may not realize the expected benefits of DOTs offered by Coinllectibles™️. A more detailed list and description of these risks, uncertainties and other risks can be found in COSG’s regulatory filings with the United States Securities and Exchange Commission, including its Annual Report on Form 10-K filed on April 15, 2022. Existing and potential investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. COSG undertakes no obligation to update or revise the information contained in this press release, whether as a result of new information, future events or circumstances or otherwise.

For media inquiries, please contact:

[email protected]

About Cosmos Group Holdings Inc.

Cosmos is a business group that operates in two business segments:

  • Arts and collectibles
  • Funding

Through Coinllectibles™, the group provides authentication, valuation and certification (AVC), sale and purchase, hire-purchase, financing, custody, security and exhibition services. (CSE) to art buyers through traditional channels, as well as leveraging blockchain technology through the creation of Digital Property Tokens (DOT).

With licensed subsidiaries that of Hong Kong Money Lenders Ordinance, the group currently primarily offers unsecured personal loans to individuals, with a small portfolio of mortgages. The group integrates the two business segments by offering secure financing services to potential art and collectibles buyers to provide a unique art and collectibles buying and financing experience.

About the company – Coinllectibles™️

Coinllectibles™️ is a technology company that supports the collectibles industry by focusing on rare memorabilia and works of art that exist and have intrinsic value in the real world, whether tangible or intangible in nature. .

Coinllectibles™️ applies blockchain, marketplace, metaverse, and DOT technologies as tools to disrupt and improve the real-world collectibles industry. The technology behind DOTs (digital owner tokens) has multiple functional use cases that Coinllectibles™️ applies to areas such as art, sports, watches, numismatics, limited edition toys, limited edition fashion clothes and sneakers. DOTs have the power to transform our societies and certain areas may be subject to regulations. Coinllectibles™️ uses DOT technology only to provide a legally binding digital ownership (DOT) token to a tangible or intangible collectible.

Website: www.coinlectibles.art
Facebook: https://www.facebook.com/Coinllectibles
Instagram: https://www.instagram.com/coinlectibles/
Twitter: https://twitter.com/coinllectibles
LinkedIn: https://www.linkedin.com/company/coinlectibles
Telegram: https://t.me/Coinllectibles

About Coinllectibles™️ Fusion point

Coinllectibles™️ is proud of the Fusion DOT as the industry’s “Gold Standard”. Being a Gold Standard, a Fusion DOT contains the following on Arweave – (1) a sale and purchase agreement reflecting the purchase, by the person striking the Fusion DOT™️, of the underlying asset at a fair value with all rights and restrictions clearly detailed, (2) lease terms governing the rights of possession while the underlying asset remains with Coinllectibles™️, (3) a deed of transfer reflecting the transfer of ownership of the underlying asset (with all rights and restrictions) by the transferor to the holder of the Fusion DOT™️, (4) the title of ownership recorded in the description of the Fusion DOT™️ and (5) the unequivocal identification file of the underlying asset, the ownership of which is reflected in the legal title represented by the Fusion DOT™️.

About Quinting

The Swiss watch Manufacture Quinting SA is the elite of the watch industry, the very restricted circle of watch brands that produce their own movements. The Quinting movement was born from the desire to see time told through hands floating on the wrist of a watch wearer. Using state-of-the-art technology and advanced techniques, Quinting is able to produce 100% transparent watches. Many political leaders and celebrities own Quinting watches.

Website: https://ww2.quinting-watches.com/

[1] https://www.henleyglobal.com/publications/henley-global-citizens-report/2022-q3/global-insights/20-wealthiest-cities-world-2022

SOURCE Cosmos Group Holdings Inc.

Share.

Comments are closed.