Coinsilium Group Limited: Gibraltar Cryptocurrency Stamp and NFT Launch Update

COINSILIUM GROUP LIMITED

 

("Coinsilium" or the "Company")

 

Coinsilium Group Limited: Gibraltar Cryptocurrency Stamp and NFT Launch Update 

 

London, UK, 12 April 2021 - Coinsilium Group Limited (AQSE:COIN) (OTCQB:CINGF) the Blockchain and Open Finance venture builder, is pleased to provide an update and further details with regard to the launch of the Gibraltar Cryptocurrency Postage Stamp (the 'Crypto Postage Stamp').

 

Gibraltar Cryptocurrency Stamp

 

To celebrate the impact Blockchain is set to have on the world, Her Majesty's Government of Gibraltar and the Gibraltar Philatelic Bureau Limited ("GPBL") are issuing a limited edition 2021 commemorative 'Cryptocurrency' postage stamp dedicated to this revolutionary new technology. The Crypto Postage Stamp will be tied to the release of a blockchain based Digital Collectible, or non-fungible token ("NFT") counterpart, exclusively produced by Coinsilium in collaboration with Vietnam-based RedFOX Labs Joint Stock Company ("RedFOX") under the terms of a Technical Development and Support agreement announced by the Company on 10 December 2020.

 

The Crypto Postage Stamp series will be limited to 50,000 in total, of which 10,000 have already been pre-reserved by GPBL, for its own clients and dealers worldwide. The Crypto Postage Stamp will come in a commemorative presentation pack, which has been produced by Coinsilium in collaboration with GPBL. The presentation pack will include featured articles on various topics, covering the birth and rise of Bitcoin and cryptocurrencies, the evolution of blockchain technology, Gibraltar's Blockchain/Distributed Ledger Technology ("DLT") hub and the story of how 'Bitcoin Pizza Day' came to be celebrated on 22 May each year by the estimated 100 million members of the global Bitcoin community.

 

The Crypto Postage Stamp, together with the presentation pack, will retail for GBP6.95 with GBP2.50 post and package per order. The Gibraltar Philatelic Bureau will also accept payments in cryptocurrencies including Bitcoin and Ether.

 

Sales of the Crypto Postage Stamp will officially open on 17 May 2021 in time to coincide with the annual celebration of Bitcoin Pizza Day. Pre-orders will be accepted from 19 April 2021. Further details will be available via the WOPA+ website via the link below, which will be live as from 19th April 2021:

 

https://www.wopa-plus.com/crypto

 

Gibraltar NFT Digital Collectible Counterpart

 

Purchasers of the Gibraltar Crypto Stamp will also receive a first entitlement to an NFT collectible counterpart, with an exclusivity period of approximately 8 weeks, prior to general release of the NFT, slated for around mid-July 2021.

 

A total of 100,000 Gibraltar NFTs will be pre-minted and will be delivered online in a digital sealed pack, each pack containing two NFTs representing one pack for each Crypto Postage Stamp purchased.

 

The NFTs will be minted with five levels of scarcity: Common, Uncommon, Rare, Ultra Rare and Mythic Rare. The artwork will include 22 individual, exclusively commissioned, iconic images of Gibraltar, which will follow the design theme of the Crypto Postage Stamp. There will also be a further two 'Mythic Rare' NFTs, each with specific design characteristics. A preview of selected design samples will be announced shortly with details of forthcoming promotional and marketing events to follow.

 

Full details including pricing and instructions on how to pre-reserve and purchase the NFT collectible will be provided to purchasers of the Gibraltar Crypto Postage stamp when sales officially open on 17 May 2021.

 

The Directors of Coinsilium Group Limited take responsibility for this announcement.

 

For further information, please contact:

 

Coinsilium Group Limited Malcolm Palle, Executive Chairman Eddy Travia, Chief Executive	+44 (0) 7785 381 089 www.coinsilium.com
Peterhouse Capital Limited Guy Miller / Mark Anwyl (AQSE Growth Market Corporate Adviser)	+44 (0) 207 469 0930
SI Capital Limited Nick Emerson (Broker)	+44 (0) 1483 413 500
Buchanan Communications Chris Lane / Toto Berger (Media and Investor Relations)	+44 (0) 20 7466 5000 E: coinsilium@buchanan.uk.com

 

 

Notes to Editor

 

About Coinsilium

 

Coinsilium is a focused Blockchain and Open Finance venture Builder. As the first ever IPO of a blockchain company in 2015, Coinsilium has harnessed its experience and wide-ranging network to invest in leading blockchain projects such as RSK/IOV Labs, Indorse and Blox.

 

In July 2020, Coinsilium executed an agreement with top 100 blockchain protocol company IOV Labs, to establish a 50/50 Joint Venture Company in Singapore to promote and commercialise RSK's products, services and technologies in global markets and to promote the adoption in the region of the RIF token which powers the ecosystem of solutions developed by RSK, their partners and developers around the world.

 

Coinsilium shares are traded on the London-based AQSE Growth Market, under the ticker symbol "COIN", and on OTCQB Venture Market ("OTCQB") in New York under the ticker symbol "CINGF".

 

For further information please visit www.coinsilium.com or follow

@CoinsiliumGroup on Twitter