Cosmos Group - COSG STOCK NEWS

Cosmos Group Holdings Inc. (OTC: COSG) announces a collaboration with Apollo Arts Auctions to auction five ancient art pieces, accompanied by digital ownership tokens (DOTs). The auction will take place on January 29, 2023, at 12 PM GMT and can be accessed online. This partnership aims to integrate traditional art with blockchain technology, offering buyers both physical and digital ownership. Apollo Arts, founded by Dr. Ivan Bonchev, specializes in ancient art and collectibles and is recognized as a leader in the antiquities market. This initiative reflects a pioneering move in the art world, blending tangible art with digital assets.

On January 17, 2023, Coinllectibles™, a subsidiary of Cosmos Group Holdings (OTC: COSG), announced its successful participation in ART SG, Singapore's first major art fair featuring over 160 international galleries. The company showcased more than 20 artworks, including innovative 3D autostereoscopic tablets displaying digital ownership tokens alongside original prints. With nearly 43,000 visitors, exceeding targets, CEO Terry Lee emphasized the event's role in enhancing connectivity within the art community. Notably, the fair provided a platform for Coinllectibles to demonstrate its technological prowess in the evolving art and collectibles market.

Cosmos Group Holdings (OTC: COSG) concludes 2022 highlighting its achievements across two key business units: arts and collectibles (Coinllectibles) and financial lending. Despite market challenges, Coinllectibles recorded significant revenue growth, forged partnerships with renowned artists, and made three strategic acquisitions to enhance its offerings. The company introduced Digital Ownership Tokens (DOT) to improve the authentication of art and collectibles. Moving forward, Cosmos aims to merge both segments for a comprehensive arts and collectibles financing solution.

Cosmos Group Holdings (OTC: COSG) announced a Settlement Agreement with Dr. Lee Ying Chiu, effective December 15, 2022. The company will issue 400 million shares instead of 800 million as part of this settlement related to the acquisition of Massive Treasure Limited. CEO Dr. Chan Man Chung emphasized the growth in DOT sales, reporting over US$8 million in sales within the first nine months of 2022. However, he noted ongoing high development costs might affect profitability. The company aims to enhance its lending business, which generated US$4.83 million in revenue and US$1.03 million in profits during the same period.

Cosmos Group Holdings (OTC: COSG) subsidiary, Coinllectibles, will showcase emerging Southeast Asian artists at ART SG in January 2023. The event, held at Marina Bay Sands, features over 150 galleries and is expected to attract 40,000 visitors. CEO Terry Lee highlights the synergy of art and technology in their showcase, including innovative 3D technology and unique art purchases. Featured artists include Umibaizurah, David Chan, Gatot Indrajati, and Komkrit Tepthian, known for their unique perspectives and acclaim in contemporary art.

Coinllectibles, a subsidiary of Cosmos Group Holdings, has appointed Terry Lee as CEO effective January 1, 2023. Lee brings over 25 years of experience in art, finance, and business development. He aims to enhance market adoption for digital ownership tokens (DOTs) in the booming global art market, which reached US$65.1 billion in 2021. His leadership is expected to strengthen Coinllectibles' position within the collector community and improve brand recognition. The company leverages blockchain technology to transform the collectibles industry.

Cosmos Group Holdings Inc. (OTC: COSG) announced a partnership with Thai artist Natee Utarit to showcase two new works at the ART SG exhibition in January 2023. This collaboration features Micro History of Politic No. 3 – Lost and Ruin of The Four Noble Truth, both utilizing 3D art DOT technology. Coinllectibles’ Head of Art, Terry Lee, expressed optimism about expanding their artist portfolio following past successes. The press release also includes a forward-looking statement warning investors of various risks associated with operations in Singapore and Hong Kong.

On November 29, 2022, Coinllectibles™, a subsidiary of Cosmos Group Holdings (OTC: COSG), announced its participation in the ART SG exhibition set for January 2023. They will showcase over 25 3D art digital ownership tokens (DOTs) to an expected audience of 40,000 attendees. Featuring advanced autostereoscopic technology, Coinllectibles aims to offer a unique immersive experience for art collectors. Terry Lee, Head of Art, highlights the technological edge of their DOTs, which can be displayed on 3D tablets. The company is also looking to onboard more artists and expand partnerships.

On November 24, 2022, Coinllectibles, a subsidiary of Cosmos Group Holdings (OTC: COSG), launched a new logo and website as part of its branding campaign. The updated logo features a modern design aimed at enhancing the user experience in the collectibles market through innovation. The website now offers four collections categorized by color, reflecting a commitment to transparency and efficiency. Marketing Director Cherry Leung emphasized the user-centric design and extensive research behind this rebranding effort. The new branding aligns with Coinllectibles' goal to future-proof collectibles for the Web 3.0 era.