Welcome to our dedicated page for GRAND GALLERY news (Ticker: COSG), a resource for investors and traders seeking the latest updates and insights on GRAND GALLERY stock.
The COSG news page aggregates company‑issued announcements and related coverage for Cosmos Group Holdings Inc. and the entity later referred to as Grand Gallery Inc. (OTC:COSG). In its own communications, Cosmos Group Holdings describes itself as operating in two segments, Arts and Collectibles and Financing, with the arts and collectibles activities conducted through its fully owned subsidiary Coinllectibles™. These releases outline how the group combines art, collectibles and Digital Ownership Tokens (DOTs) with lending activities carried out by subsidiaries licensed under Hong Kong’s Money Lenders Ordinance.
News items include partnership announcements, such as a memorandum of understanding between Cosmos Group Holdings and Smart Citi Teknologi to use Art & Cultural DOTs in Smart Cities solutions. Other releases describe collaborations between Coinllectibles™ and auction houses and galleries, where physical artworks and ancient art pieces are paired with DOTs, as well as participation in art fairs where Coinllectibles™ presents both traditional and digital art using 3D autostereoscopic tablets.
Company communications also cover internal developments, including commentary on the growth of DOT‑related activities, the costs of technology development, and a settlement under which DOT technology development entities would be transferred to another party while Cosmos Group Holdings continues to acquire usage of the technology from an affiliated provider. Additional news from Grand Gallery Inc. (OTC:COSG) explains that it is formerly Cosmos Holdings Inc., and addresses the release of a domain previously used for Coinllectibles, clarifying that the current website at that domain has no relation, association or connection with Grand Gallery Inc., its management or affiliates.
Investors and observers can use this news feed to review how COSG describes its arts and collectibles initiatives, DOT‑based digital ownership activities, lending operations and subsequent branding and domain‑related statements over time.
Cosmos Group Holdings (OTC: COSG) announced the completion of its acquisition of Massive Treasure Limited, owner of Coinllectibles™, on September 17, 2021. The acquisition, valued at 1,078,269,470 shares issued for 100% ownership, aims to strengthen Cosmos's position in the NFT market. Additionally, Cosmos will issue 55,641,014 shares for acquiring 12 more entities within the Coinllectibles™ Group. CEO Toby O'Connor highlighted plans to expand into decentralized finance, indicating a strategic move to integrate its art and collectibles financing services.
Cosmos Group Holdings Inc. (OTC: COSG) announces its subsidiary, Coinllectibles™, a pioneer in metaverse blockchain Fusion NFTs™ technology, is enhancing its collectible offerings. Coinllectibles™ combines physical art and collectibles with digital assets, providing ownership rights secured by smart contracts. The innovative Fusion NFT™ format captures comprehensive ownership details, offering buyers complete rights to both physical and digital items. The company positions its Fusion NFTs™ as the 'Gold Standard' in the NFT market, emphasizing community engagement and transparency in ownership.
Coinllectibles, a subsidiary of Cosmos Group Holdings, reported a successful inaugural launch of their Fusion NFTs, generating total sales of US$251,034. The NFTs, featuring collectible ceramic art pieces, appreciated substantially, reaching a total transaction value of US$2,459,034 by September 17, 2021. Notably, the NFTs saw a collective capital gain of 333%, with individual items, like Coinllectibles #001, experiencing up to 685% in value. This strong resale market interest indicates potential for future NFT launches as the company continues to bridge physical and digital collectible ownership.
On September 15, 2021, Coinllectibles™, a subsidiary of Cosmos Group Holdings (OTC: COSG), announced plans to launch Fusion NFTs™ for the film Chungking Mansions by Phoenix Waters Productions. This project aims to merge blockchain technology with the film industry, allowing fans to acquire digital collectibles. The film, directed by Bizhan Tong, features an international cast and is touted as Hong Kong's biggest zombie film. Noteworthy actors include Rina Takeda and Go Joonhee. Coinllectibles™ will also accept DOGE and TRX as payment for the NFTs, enhancing its blockchain integration.
Coinllectibles, a metaverse blockchain company and subsidiary of Cosmos Group Holdings (OTC: COSG), has partnered with Chinese photographer Ruya Qian to create a unique Fusion NFT. Ruya's artistic practice explores dualities in perception through photography and installations, and she is recognized for several accolades, including the China Young Elite Artist award. The partnership aims to expand the NFT collectibles space by integrating digital and physical art ownership, enhancing collector experience with legal protections embedded within the Fusion NFTs.
Cosmos Group Holdings Inc. (OTC: COSG) has launched the Coinllectibles Fusion NFT™️, transforming the art and collectibles market by combining digital tokens with physical items. The inaugural sale yielded over US$600,000 in four days, with notable transactions including a heritage ceramic piece sold for US$100,000 and later resold for US$250,000, demonstrating profit potential. Fusion NFTs™️ offer robust security features, including 3D imaging for authenticity and legal documentation. This innovation addresses the needs of digital artists and collectors, reflecting a vibrant interest in NFT investments.
Coinllectibles (OTC: COSG) has successfully launched its inaugural Fusion NFTs™️, achieving over US$600,000 in sales on the OKEx NFT marketplace. Three ceramic artworks from Dr. Herbert Lee were auctioned, with valuations between US$64,300 and US$128,600. All items sold, with secondary market sales showing a significant markup, notably for Fusion NFT #001, which was resold for US$250,000. CEO Toby O'Connor highlighted the positive community response, aiming to set a Gold Standard in NFT collectibles.
On September 9, 2021, Coinllectibles, a subsidiary of Cosmos Group Holdings (OTC: COSG), reported a positive response to its Fusion NFTs launch on the OKEx marketplace. The first NFT, #001, sold for nearly double its valuation, with successful resale at $150,000 and a current listing at $250,000, reflecting strong demand. CEO Toby O'Connor highlighted the growing interest in these NFTs, which combine physical collectibles with digital ownership. The remaining NFTs #002 and #003 are available for bidding until September 10, 2021.
Cosmos Group Holdings (OTC: COSG) subsidiary Coinllectibles has successfully sold its first Fusion NFT for US$100,000 (28ETH), nearly doubling the item's valuation. The buyer has listed the NFT for resale at US$150,000 USDT. CEO Toby O'Connor expressed satisfaction with the sale's performance, indicating strong demand for Fusion NFTs. The company plans to auction its second and third NFTs shortly and is preparing to launch Crossover Fusion NFTs in Q4 2021. This sale underscores the growing interest in NFT documentation and ownership rights.
On September 6, 2021, Coinllectibles, a subsidiary of Cosmos Group Holdings (OTC: COSG), announced it will accept Dogecoin (DOGE) and Tronix (TRX) for its inaugural Fusion NFT auction on September 7. Initially, payments will be settled in Ethereum (ETH), and bidders must convert DOGE/TRX to ETH for bidding. Successful bidders can choose to pay in DOGE/TRX within three working days. The auction features ceramic artifacts from 1735-1796, with buyers owning both the NFT and the physical art. Coinllectibles aims to expand payment options based on auction response.