Business
GreenPro Acquires $16 million in Non-fungible Tokens
KUALA LUMPUR / ACCESSWIRE / April 22, 2021 / Greenpro Capital Corp. (NASDAQ:GRNQ) today announced that it has acquired a limited edition exclusive series of

About this update from Greenpro Capital Corp.
KUALA LUMPUR / ACCESSWIRE / April 22, 2021 / Greenpro Capital Corp. (NASDAQ:GRNQ) today announced that it has acquired a limited edition exclusive series of 7,700 NFTs depicting the 1957 Sputnik satellite launch.GRNQ bought this exclusive series of 7,700 NFTs for $16 million paid via 4.32 million GRNQ restricted shares and 1 million MFAI shares owned by GRNQ previously issued in May 2020 for its sale of 4% of the Millennium Sapphire. The NFTs are valued at 1 ETH each.The animated Sputnik NFT series is being sold to the Company by a GRNQ incubation company from last year, Millennium Fine Art Inc. (MFAI) MFAI has built a NFT studio business with prominent artists utilizing animation studios. MFAI owns the Millennium Sapphire and is conducting a Security Token Offering "STO" in late May 2021. MFAI's main business model is NFT production and fine art masterpieces.Millennium Fine Art CEO, Daniel Mckinney said: "we are proud to be working with GRNQ on this ground breaking institutional NFT deal. GRNQ continues to innovate in digital assets and trail blaze."GreenPro CEO Dr.CK Lee said: "We are thrilled to acquire this valuable and exclusive NFT series which will not be sold or available anywhere else. We are planning a series of corporate actions around this unique NFT series. One of GRNQ's primary business focuses is blockchain and fintech."The representation of the Sputnik Satellite on the Millennium Sapphire is a millennia-long commemoration of this significant accomplishment for the current generation and those to come.Please view the Sputnik lapis prototype: https://www.mstoken.art/sputnikAbout Millennium Fine Art Inc.With a treasure trove of exclusive copyright content to draw upon, MFAI has put together a team of well known industry leaders to create a powerful NFT studio that will leverage off our Millennium Sapphire asset. Given the iconic history that has been carved into the world's largest and finest blue sapphire, we have a plethora of content - 134 scenes - to create ongoing series of limited edition NFTs.The strategy of partnering with leading studios to work to our vision and collaborations with famous digital artists, allows us to continual tap into new markets and followings. This strategy also allows us to have an ongoing flow of new fresh content based on the original art carvings.From the Original 'First man on the moon' carving to some of t...
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