Time For NFTs Of The Queen? The Royal Mint’s New Commission
The UK government is taking a forward-looking approach to NFTs and general crypto engagement in the country. Finance Minister Rishi Sunak recently announced a series of measures that intend to turn the UK into a global hub for crypto-asset technology and investment. How The UK Plans To Become A Crypto Hub John Glen, the UK […]
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While the price of gold has dropped in value from the asset’s all-time high on March 8, the U.K.’s oldest precious metals (PMs) company, the Royal Mint, saw record profits over the last 12 months. In fact, the Royal Mint’s annual earnings show the firm has seen the highest profits in 12 years, with PMs accounting for roughly 86.7% of the Royal Mint’s revenue. Royal Mint Prints Record Profits During Last 12 Months Precious metals demand has skyrocketed, according to the recent annual profits accrued by the Royal Mint over the last 12 months. The official coinage supplier of the United....
There is a long list of new tokens with names in poor taste such as Queen Elizabeth Inu, Save the Queen, Queen, QueenDoge, London Bridge is Down and Rip Queen Elizabeth. Crypto degens have wasted no time after the passing of Queen Elizabeth II, flooding the crypto market with more than 40 new Queen-related meme tokens, and hundreds of new nonfungible tokens (NFTs) in the same vein.New tokens launched on decentralized exchanges on the BNB Smart Chain and Ethereum over the past 24 hours include names such as Queen Elizabeth Inu, Save the Queen, Queen, QueenDoge, London Bridge is Down and Rip....
The first NFTs in the series will feature exclusive avatars of Marie-José, the Last Queen of Italy, which can be used for interactions in the Metaverse. Multimedia film director and artist Yi Zhou is set to mint the first-ever royal nonfungible tokens, or NFTs, based on the story of Italy's House of Savoy. The digital works are made in collaboration with the House of Savoy's (non reigning) descendent, Emanuele Filiberto di Savoia, Prince of Venice.The House of Savoy is known for playing a pivotal role in the Unification of Italy, or the "Risorgimento", over 150 years prior. Its then king,....
The Royal Mint, the body responsible for producing physical coins for circulation in the United Kingdom, and derivatives exchange CME Group have announced the launch of Royal Mint Gold (RMG), a digitized gold offering to be recorded on Blockchain technology. Launching in 2017, RMG will offer a digital record of ownership of up to £1 bln worth of gold held at The Royal Mint’s bullion vault. The aim is to provide an easier and more affordable way to hold the precious metal rather than spot trading, with the added bonus of cryptographic security. David Janczewski, director of new business at....
One of the UK’s oldest bullion producers and the entity that strikes British coins, the Royal Mint has just announced a gold-backed blockchain effort. In partnership with one of the world’s largest options and futures firm CME Group, the two companies aim to release its blockchain project in 2017. 1,000 Year Old Royal Mint to Create Blockchain-Based Gold....