HONG KONG, March 2, 2022 /PRNewswire/ -- Oriental
Culture Holding LTD. ("Oriental Culture" or the "Company") (NASDAQ:
OCG), a leading online service provider of collectibles and
artworks, announced today that the Company's wholly-owned
subsidiary, HKDAEx Limited, will provide services to create and
mint NFTs for cultural and artwork collections and the sales,
auctions and trading of NFTs through its e-commerce platform.
Mr. Mun Wah Wan, Chairman of Oriental Culture, said:
"non-fungible tokens ("NFTs") are unique, non-interchangeable and
non-identical, and represent the new type of ownership of digital
assets encoded on a blockchain. HKDAEx Limited is dedicated to
build a leading platform that provides comprehensive services from
creating and minting NFTs for cultural and artwork collections to
the sales, auctions and trading of NFTs on our online
platform."
About Oriental Culture Holding LTD.
Oriental Culture Holding LTD is an online collectibles and
artwork e-commerce service provider that allows collectors,
artists, art dealers and owners to access a much bigger art trading
market where they can engage with a wider range of collectibles or
artwork investors than they could likely encounter without our
platforms. We currently facilitate trading by individual and
institutional customers of all kinds of collectibles, artworks and
commodities on our leading online platforms owned by our
subsidiaries in Hong Kong. We also
provide online and offline integrated marketing, storage and
technical maintenance service to our customers in China. For more information about the Company,
please visit: www.ocgroup.hk.
Forward-Looking Statement
This press release contains forward-looking statements as
defined in the Private Securities Litigation Reform Act of 1995.
Forward-looking statements include statements regarding plans,
objectives, goals, strategies, future events or performance, as
well as underlying assumptions and other statements that are not
historical facts. A company is making forward-looking statements
when it uses words such as "may," "will," "intend," "should,"
"believe," "expect," "anticipate," "plan," "estimate" or similar
expressions that do not relate solely to historical matters.
Forward-looking statements are not guarantees of future performance
and involve risks and uncertainties that could cause actual results
to differ materially from the Company's expectations discussed in
the forward-looking statements. These statements are subject to
uncertainties and risks, including, but not limited to, the
Company's objectives and strategies; the Company's future business
development; financial condition and results of operations; demand
for and acceptance of products and services; reputation and brand
name; the impact of competition and pricing; changes in technology;
government regulations; fluctuations in general economic and
business conditions in China and
assumptions relating to any of the foregoing and the Company's
other risks contained in its reports filed with the Securities and
Exchange Commission. For these reasons, we caution investors not to
place undue reliance on any forward-looking statements contained in
this press release. Additional factors are discussed in the
Company's filings with the Securities and Exchange Commission,
which are available at www.sec.gov. The Company undertakes no
obligation to publicly revise these forward-looking statements to
reflect events or circumstances arising after the date hereof.
View original
content:https://www.prnewswire.com/news-releases/oriental-culture-launches-nft-services-business-for-cultural-and-artwork-collections-301493672.html
SOURCE Oriental Culture Holding LTD.