West Lake Village, March 14, 2023 (GLOBE NEWSWIRE) — Metaverse, Inc. (OTC: DEQI), a leading provider of product development and digital marketing services, today announced its acquisition of a 51% stake in Maharlika (Hainan) Culture & Art Domain Co., LTD, an innovate art asset management company.
Maharlika, headquartered in Hainan, China, offers third-party appraisal for paintings, antiques, and digital art assets. Additionally, the company provides clients with unparalleled assistance in collection, finance, display, exchange, restoration, and consulting for cultural relics and artworks.
Maharlika’s main specialty is leveraging NFTs (Non-Fungible Tokens) to facilitate art trade. NFTs are digital assets based on blockchain technology that can represent the ownership of artwork, music, video, and other digital works. They also provide new tools and opportunities for art institutions to establish the provenance of physical artwork and antiques.
Through the use of NFTs, Maharlika provides a more precise and transparent way of evaluating art. The authenticity, uniqueness, price…
