Vinay Gupta, Founder and CEO of Mattereum, said: “Mattereum’s proven model for selling physical goods using blockchain NFT technology makes it easy for established artists and brands to branch out into this new digital world.
By programming trust and transparency directly into transactions, Mattereum is pioneering the safest method of purchasing physical property using the blockchain.
This will not only revolutionise the multi-billion dollar art and collectibles trade, but unlock trillions in capital across industries such as property, land, and commodities of all kinds.
This extremely transparent paradigm for trade paves the way for the more sustainable, equitable global economy of the future.” - NFTS incoming 🤩💥
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So let's turn this on it's head and understand the challenges ahead for #VLRM! Let's take a look back in time, while Gibraltar’s efforts to attract the who’s who of crypto have been successful, its previous attempts to break new ground in cryptocurrency finance are checkered.
In 2018 during the baffling surge of initial coin offerings, or token sales, online auctions of absurdly priced cryptocurrency tokens marketed as shares in blockchain companies. GSX launched the Gibraltar Blockchain Exchange, or GBX. Designed as a blend of cryptocurrency exchange
and platform for ICOs, GBX faltered as the ICO model died down, and it was taken over by Australian company Mine Digital in early 2021.
GSX’s attempts to bring crypto products onto its stock exchange have had a mixed success.