“Our Passion is Art”
A public company refocused from real estate to ART. Having listed financial products on the Frankfurt Stock Exchange. connecting ART, NFT, ECOREAL, (a renown CRYPTO CURRENCY) and Artificial Intelligence (AI) with a tangible hard asset oriented business model.
As at 1 December 2024, the Company is in possession of 293 million ECOREAL, with a market value of €41.9 million.
The net asset position (after deduction of liabilities) is around €32.8 million.
Under current IFRS regulations however, the cryptocurrency has to be held at cost on the balance sheet, hence no fair value uplift is able to be recognized in the financial statements at this date.
This is expected to change by the next financial reporting period as future listings are carried out, and the market is deemed to be more active.
The Company also holds an option to acquire up to 400 million more ECOREAL (with a market value of over €50 million as at December 1, 2024) of which 200 million has already been taken after the reporting period 28.02.2024.
Almas Tower
Jumeirah Lakes Towers
United Arab Emirates
Königsallee 2b
40212 Duesseldorf
Germany
Rue dos Sancho I
8500-013 Alvor
Portugal
Company owns 293.5 million ECOREAL presently worth €40.000.000 (40 Million EURO) as an asset in the audited accounts which gives the company a prospective business art acquisition volume of at least €40 Million based on the present prices.
The company holds an option to acquire more ECOREAL additional if needed for the business.
The Company’s business is the purchase and sale of works of art – target price range US$ 1,000 – 10,000.
Works are purchased from artists using ECOREAL and sold either for FIAT or crypto currency or sold on classic success commission basis.
Art advisory board being assembled to bring expertise to the acquisition process.
Artworks acquired offer the possibility of creating and monetizing NFT’s.
Artists are being attracted through website and our active social media channels
Instagram channel @Worldarts_by_Ecoreal has over 8,000 followers and fast growing
Facebook, Twitter, and TikTok channels are just being opened.
Artists are looking for opportunities to sell work and there is thus a vast pool of available works of art which are potential acquisitions for the Company. Works selected are offered to be settled in Ecoreal. Worldwide accessible wallets (Binance Trust Wallet and Metamask) as well as crypto exchange accounts of the artist are supported. Alternatively the artist can sell on a commission basis.
Purchase contract gives EIGP the rights to produce NFT from the artwork Artworks acquired are insured by the Company and shipped to one of its storage locations.
Interest in works of art owned by the Company is generated globally through the website as well as social media channels (Instagram, Facebook, Twitter, TikTok etc.) and press releases
The Company is selling through a new developed Art Online Stores www.worldartsgallery.com & www.worldartsbyecoreal.com using the reknown Shopify platform. This allows purchases to be paid with all major Credit Cards, Paypal as well as all major Crypto Currencies through Coinbase Commerce.
Additionally, the Company will enter into arrangements with other sales channels such as existing galleries and online art stores, exhibitions such as Art Zurich or Art Dubai.
On completion of a sale, and receipt of funds, the work is shipped to the final buyer along with the relevant documentation
NFTs – Non-fungible tokens, often referred to as NFTs, are blockchain-based tokens that each represent a unique asset like a piece of art, digital content, music or media. An NFT can be thought of as an irrevocable digital certificate of ownership and authenticity for a given asset, whether digital or physical. NFTs are freely tradable against a number of payment methods.
As a example: Sales of NFTs jumped 21,000 per cent to more than $17.6 billion (almost €16 billion) in 2021, up from $82 million (€74 million) a year earlier according to the report from NFT data company Nonfungible.com, developed in partnership with BNP Paribas-owned research firm L’Atelier. ( Euronews, 11.02.2022)
For NFT’s the company is entering into agreements with platforms such as Opensea in a White label sales platform.
The Bond will provide the Company with working capital for expansion which it intends to deploy as follows:
Enable mixed FIAT and Crypto related art and NFT acquisitions
General marketing and attending worldwide Art trade fairs such as ArtDubai or ArtZurich
Designing and constructing a booth for presenting selected acquired artworks and NFT’s at exhibitions
Searching and selecting artists willing to sell their artworks and NFT against ECOREAL through greatly expanded social media activity
Educating participating artists in all matters related to Crypto trading so that they are confident to acquire ECOREAL for their artwork. Develop training materials and necessary staff to support this
Create further storage facilities where the Company can receive the works it has acquired Develop a department focussed on the digital creation of High Class NFT’s from acquired artworks
Create pop-up offline shops and / or take physical space in existing galleries.The analysis of data gathered online about the geographic demand for works will guide the location of such offline locations.
Enhance and build out the online infrastructure including SEO and digital advertising, hiring the necessary expertise to support this activity.
“Strategic plan for the 3 next years will bring our Corporate Shareholders, Bond holders, ECOREAL Cryptocurrency investors, and traders to a substantial growth in value and future wealth.”
Art Trade Fair Exhibitions are planned for Art Dubai 2025. Target is to represent more than 1,000 artists worldwide.
by
Pierre Poulin
Canadian Artist
by
Romaine Kuonen
Swiss Artist
by
Maritza Saavedra
Mexican Artist
by
Michele Caspers
German Artist
We’re excited to hear from you and let’s start something special togerter. call us for any inquery
80 Cheapside, London EC2V 6EE, United Kingdom
bodolaux@eigp-plc.com
+44 20 3695 5616
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