Category: NFTs

Emerald Embedded Stone Worth $112.5M Up for NFT Auction Friday June 25th, 2021

Posted stm007Posted in NFTs
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June 24, 2021, 20:16 GMT
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Collectors who hold the tokens will be part owners of the 253 lb. emerald

MIAMI, FLORIDA, UNITED STATES, June 24, 2021 /EINPresswire.com/ — A 253-pound emerald worth $112.5 million will be the subject of a historic NFT auction, in which collectors could trade Ethereum cryptocurrency for tokens that represent a stake of ownership in this rare, valuable mineral.

Collectors who hold tokens will be members in an exclusive social media club with other collectors, where they can network and discuss shared interests. There will be an annual celebratory event where collectors have access to the emerald and can socialize with one another.
“They’re not just buying a theoretical stake in this extremely valuable asset, but are also joining a vibrant community of diverse, interesting people,” said Edward J. Rodriguez, co-founder of BPN Capital Group, the company managing the NFT auction. “We view this as an historic opportunity for people to not only own a piece of natural art, but it is also an important demonstration of the true power blockchain has to transform the real world and bring people together.”

At the auction, which will be hosted Friday, June 25, collectors will be able to purchase NFTs representing ownership of the emerald embedded stone with Ethereum (ETH) via two platforms: Rarible and OpenSea. BPN Capital Group will announce the link via its Twitter feed on the day of the auction.

“This stone is awe inspiring and truly something to behold, what can only be described as of Divine origin,” Rodriguez said. “To have the privilege to be in the presence of the stone, where its beauty and intricacies can be fully appreciated, is simply a moment that will take your breath away.”
Rodriguez explained that the creation of such a stone is the combination of pressure, temperature, moisture, and other factors all coming together beneath the earth’s surface, over perhaps one hundred thousand years. This work of art by G-d is partially owned by the buyer. Unlike in a museum setting, the buyer can actually touch this stone and be photographed with it. According to Rodriguez, the owners will have the opportunity each year to be fully engaged and moved by the awesomeness of this creation.

About NFTs
Non-fungible tokens (NFTs) are unique digital tokens based on blockchain technology. NFTs can be used to represent ownership in an asset, typically a piece of art or other unique treasure, that can then be traded, bought, and sold. The proof of ownership NFTs provide is verifiable by a unique, encrypted hash that cannot be forged or replicated. NFTs enable many people to own a fractional stake in a work of art or other asset, reducing entry barriers inherent when investing in high-valued assets.

About BPN Capital Group
BPN Capital Group is a DeFi multi-service Firm powered by a network of professionals, and which utilizes Blockchain and NFT technologies. The company is dedicated to developing real-world use cases for this new revolutionary Blockchain technology, that includes the tokenization of hard assets for improved accessibility to lending, investing and ownership. Founded in May 2019, BPN Capital Group was built on the proposition that Blockchain and NFT technology is highly beneficial but underutilized due to lack of accessibility and real-world use cases. BPN Capital Group’s mission is to solve such problems and help lay the groundwork for mass adoption of Blockchain solutions in the business world. BPN Capital Group does this through hard asset tokenization, commercial lending, and referral agent membership programs.

MEDIA CONTACT:                     
BPN Capital Group                 
Media@BePron.com 

 

$112.5M Emerald Embedded Stone Up for NFT Auction June 2, 2021

Posted stm007Posted in NFTs

 

June 01, 2021 20:12 ET | Source: BPN Capital Group

Collectors who hold the tokens will be part owners of the 250 lb. emerald, which entitles them to membership at a private social club and attendance at an annual gathering featuring access to the stone.

MIAMI, Florida, June 01, 2021 (GLOBE NEWSWIRE) — BPN Capital GroupA 250-pound emerald worth $112.5 million will be the subject of an historic non-fungible token (NFT) auction, in which collectors could trade Ethereum for tokens that represent a stake of ownership in this rare, valuable mineral.

Collectors who hold tokens will be entered into an exclusive social media club with other collectors, where they can network and discuss shared interests. Annually, there will be a celebratory event where collectors may access the emerald, as well as socialize and network with one another.

“They’re not just buying a theoretical stake in this extremely valuable asset, but also joining a vibrant community of diverse, interesting people,” said Edward J. Rodriguez, co-founder of BPN Capital Group, the company managing the NFT auction. “We view this as not just an historic opportunity for people to own a piece of natural art, but also a demonstration of the true power blockchain has to transform the real world and bring people together.”

At the auction, which will be hosted Wednesday, June 2, collectors will be able to purchase NFTs representing ownership of the emerald embedded stone with Ethereum (ETH) via two platforms: Rarible and OpenSea.

BPN Capital Group will announce the link via its Twitter feed the day of the auction.

“We’re thrilled to be able to extend a stake of ownership in this breathtaking piece of natural art to enthusiasts, collectors, geologists, and experts around the world,” said Max Pomeranz, general counsel to RX Law Air, which currently owns the emerald. “This is new territory, so we’re very excited to be the first to tokenize an emerald like this. And it’s a great opportunity for those who appreciate this stone.”

The stone was excavated from a region in Brazil, well known for its production of splendid gems. In the appraiser’s report it was remarked that the stone is “a fine mineral specimen with beautiful Emerald crystals, some of them in gem quality, in an impressive amount, color, and preservation, besides its unique shape.” The appraiser also noted, “It is the perfect answer to a collector’s unstoppable quest for individuality.”

“This stone is something to behold, truly,” Rodriguez said. “To have the privilege to spend time with it, see it and touch it once each year, amidst others who appreciate the beauty and energy it brings to the room, is something really special. And it is blockchain and NFTs making the establishment of this community possible.”

A similar stone that was unearthed in the same region in 2017 valued at $309 million, underscoring how valuable the natural minerals of this region can be.

About NFTs

Non-fungible tokens (NFTs) are unique digital tokens based on blockchain technology. NFTs can be used to represent ownership in an asset, typically a piece of art or another unique treasure, that can then be traded, bought, and sold. The proof of ownership that NFTs provide is verified by a unique, encrypted hash that cannot be forged or replicated. NFTs enable many people to own a small stake in a single work of art or other asset, and they can be used to reduce the barrier to entry when it comes to investing in high value assets.

About BPN Capital Group

BPN Capital Group is a DeFi multi-service Firm powered by a network of professionals and Blockchain and NFT technology. The company is dedicated to developing real-world use cases for revolutionary Blockchain technology, including the tokenization of hard assets for improved accessibility to lending and investing.

Founded in May 2019, BPN Capital Group has held that Blockchain and NFT technology is highly beneficial but underutilized due to lack of accessibility and real-world use cases. It is BPN Capital Group’s mission to solve that problem and help lay the groundwork for the mass adoption of Blockchain solutions in the business world. It does so through hard asset tokenization, commercial lending, and a referral agent membership program.

MEDIA CONTACT:                     
BPN Capital Group                 
Media@BePron.com 

Be Pro Network to Tokenize First Nature Masterpiece, Provided by RX Law Air, Into a NFT Digital Asset at Miami, FL Event

Posted KCGPosted in NFTs

2020 brought a lot of changes due to the pandemic, and not all of them were negative. With the move to what seemed like across the board digitization: of how people work, network, and communicate, also came a fast growing trend for artists to monetize their art into digital art known as NFTs.

NFT is an acronym for “non-fungible token” and the best way it can be understood by those unfamiliar with blockchain technology is that it is one of a kind and thus, non transferable into another currency. While other crypto currencies can be transferred from one to another (i.e. ETH into Bitcoin into, later, FIAT currency), NFTs don’t possess this quality— making the access of certain NFTs even more exclusive.

Celebrities and influencers like Grimes and Logan Paul have recently received a lot of attention for NFTs they have bought and sold—often in the millions.

Usually corresponding with digital art, now, the first ever nature art piece, a 115 carat emerald provided by RX Law Air LLC, will be tokenized into an NFT by Be Pro Network LLC in an exclusive Miami, FL based ceremony on April 1s

The stone, which has an assessed value of $105 million, is currently stored at a prestigious art gallery in Miami, FL, and will be taken out for the afternoon ceremony.

“We are so excited to be among today’s pioneers, who responsibly undertake to develop the NFT market for works of art. Our company looks forward to participating with a breathtaking 250 pound emerald embedded stone, of the rarest of beauty, created by mother nature herself, emphasized Pomeranz.

Edward Rodriguez, founder and CEO of Be Pro Network, believes that digital currencies are setting the stage for an exciting form of innovation and impact.

“Society must embrace structural changes because things would never go back to what they were before,” he commented.

The private ceremony is for invited guests only and required pre-registration necessitating identification such as passports to ensure optimum security. Several of the confirmed guests have personal net worths in excess of a billion dollars.

Max Pomeranz, son of founder Mark Pomeranz and general counsel to RX Law Air, is excited about the prestigious confirmed guests, including esteemed academics in gemology.

“Professor Norman M. Rodi will be present to share his insights on this extraordinary art,” noted Pomernaz.

To learn more about the event and get in touch with Be Pro Network, get in touch here.

ABOUT BE PRO NETWORK and RX AIR LLC

Be Pro Network is a DeFi multi-service firm powered by a network of professionals and blockchain technology. They support clients with the securitization of hard assets via conversions to digital tokens, while also providing commercial financing to businesses. RX Law Air LLC, founded by Mark Pomeranz owns the emerald.

MEDIA CONTACT:                     
BPN Capital Group                 
Media@BePron.com