Oct. 22 at 12:14 PM
$NIVF will get
%15 commission fee from the tokenization of the World Chinese Museum project which is btw $ 2m to
$200 m
Commission profit will be around
$300K to
$30M
What about the shareholders value?
Will you continue to fck all of us???
The initial tranche of artwork to be tokenized is valued at US
$2.X million. The agreement includes a provision to expand the tokenization of additional artwork assets up to a total value of US
$200 million, contingent on the success of the initial rollout. Under the terms of the engagement, NewGen will earn a 15% fee on the total value of the tokenized assets, representing a new and potentially significant revenue stream for the Company. This engagement marks a significant milestone in NewGen’s digital asset strategy, building upon its previously announced initiatives in the blockchain sector.
