$SANP PO8 Marine Archaeology on the Block
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Posted On: 04/27/2019 1:25:31 PM
$SANP
PO8
Marine Archaeology on the Blockchain
(from website)
CNBC Interview
Matthew Arnett, CEO of PO8 is using Blockchain to better the lives of his fellow Bahamians, by recovering and reshaping the ownership of sunken treasures and artifacts. PO8 is marine archaeology start-ups that excavates such treasures from the ocean floors to generate unearthed sources of revenue. PO8 CEO Matthew Arnett joins CNBC Africa for more..
https://www.youtube.com/watch?v=OSM6Kku2FDw
WHAT IS PO8
Unearthing artifacts for impact
A highly accessible platform democratizing access to artifact-based investments.
PO8 is a tech company creating scalable blockchain solutions for the artifact conservation and investing sector. With its focus primarily beginning in the marine archaeology space, PO8 is utilizing blockchain technology, artificial intelligence and robotics to recover and tokenize a unique set of underwater cultural heritage assets and reshape their ownership by digitizing them as NFTs, with a stored value of the underlying asset.
POWER OF BLOCKCHAIN
Tokenization Benefits
Recovered artifacts will be tokenized using Non-Fungible Tokens (NFTs) on the Ethereum blockchain. NFTs represent the digital ownership of recovered artifacts, with its smart contracts containing unique asset data cryptographically certified, confirming ownership of each physical artifact.
NFTs democratize access to invest in artifacts at pre-restoration valuations. Through tokenization, we can create Non Fungible Investment Vehicles (NFIVs), which are securitized Non Fungible Tokens with a store of value that provides financial benefits by generating possible earnings, hedges against inflation and currency devaluations.
For example:
Peter purchases the NFT for a newly discovered 500-year old pieces of eight coin. Peter pays $500 for the pre-restored coin and holds on to the NFT token for a year. Once the gold coin has been fully restored and ready for exhibition, Peter can get a second appraisal from a PO8 referred independent appraiser. Upon confirming the full restoration of the coin, Peter receives a $1,500 valuation for the coin, resulting in his NFT appreciating in value by 3X. Now Peter must decide whether to sell his NFT on the secondary market for a return on his investment or keep storing in his digital wallet for future appreciation in value and possible dividend earnings from museum profit share pools for NFT owners.
(from website worth noting ):
RESPONSIBLE BLOCKCHAIN
The PO8 Impact
Many of the countries partnering with PO8 need to inject new streams of revenue to its economy, create a wave of new jobs and launch new industries to enrich the lives of its people. The Bahamas is one of them.
THE PO8 MUSEUM FOUNDATION
Artifacts for Humanity
PO8 is making a $10 million USD investment in its future by establishing in Grand Bahama the first Bahamas Archeological Treasure and Maritime Museum and Interactive Marine Park. Through private and public partnerships, PO8 will transform the visitor experience to the Islands of The Bahamas by positioning to the forefront its historical and education tourism products, exhibitions and cultural programs.
https://po8.io/
PO8
Marine Archaeology on the Blockchain
(from website)
CNBC Interview
Matthew Arnett, CEO of PO8 is using Blockchain to better the lives of his fellow Bahamians, by recovering and reshaping the ownership of sunken treasures and artifacts. PO8 is marine archaeology start-ups that excavates such treasures from the ocean floors to generate unearthed sources of revenue. PO8 CEO Matthew Arnett joins CNBC Africa for more..
https://www.youtube.com/watch?v=OSM6Kku2FDw
WHAT IS PO8
Unearthing artifacts for impact
A highly accessible platform democratizing access to artifact-based investments.
PO8 is a tech company creating scalable blockchain solutions for the artifact conservation and investing sector. With its focus primarily beginning in the marine archaeology space, PO8 is utilizing blockchain technology, artificial intelligence and robotics to recover and tokenize a unique set of underwater cultural heritage assets and reshape their ownership by digitizing them as NFTs, with a stored value of the underlying asset.
POWER OF BLOCKCHAIN
Tokenization Benefits
Recovered artifacts will be tokenized using Non-Fungible Tokens (NFTs) on the Ethereum blockchain. NFTs represent the digital ownership of recovered artifacts, with its smart contracts containing unique asset data cryptographically certified, confirming ownership of each physical artifact.
NFTs democratize access to invest in artifacts at pre-restoration valuations. Through tokenization, we can create Non Fungible Investment Vehicles (NFIVs), which are securitized Non Fungible Tokens with a store of value that provides financial benefits by generating possible earnings, hedges against inflation and currency devaluations.
For example:
Peter purchases the NFT for a newly discovered 500-year old pieces of eight coin. Peter pays $500 for the pre-restored coin and holds on to the NFT token for a year. Once the gold coin has been fully restored and ready for exhibition, Peter can get a second appraisal from a PO8 referred independent appraiser. Upon confirming the full restoration of the coin, Peter receives a $1,500 valuation for the coin, resulting in his NFT appreciating in value by 3X. Now Peter must decide whether to sell his NFT on the secondary market for a return on his investment or keep storing in his digital wallet for future appreciation in value and possible dividend earnings from museum profit share pools for NFT owners.
(from website worth noting ):
RESPONSIBLE BLOCKCHAIN
The PO8 Impact
Many of the countries partnering with PO8 need to inject new streams of revenue to its economy, create a wave of new jobs and launch new industries to enrich the lives of its people. The Bahamas is one of them.
THE PO8 MUSEUM FOUNDATION
Artifacts for Humanity
PO8 is making a $10 million USD investment in its future by establishing in Grand Bahama the first Bahamas Archeological Treasure and Maritime Museum and Interactive Marine Park. Through private and public partnerships, PO8 will transform the visitor experience to the Islands of The Bahamas by positioning to the forefront its historical and education tourism products, exhibitions and cultural programs.
https://po8.io/
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