Metaverse, Inc. Acquires Profitable NFT Business Via 51% Stake in Maharlika Culture & Art Domain Company
, 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.
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 history, and ownership of individual pieces can be ensured and tracked over time.