Company claims that's the best way to put 'historical' legacy in the hands of the global public
What does the Titanic have in common with NFTs? Not much. One lives on in the collective psyche as a monument to hubris while the other refuses to just sink already.
Still, apropos of nothing except the smell of filthy blockchain-adjacent lucre, RMS Titanic Inc , which has been collecting artifacts associated with the ship since the 1980s, has hooked up with NFT flinger Artifact Labs and Venture Smart Financial Holdings to"bring the RMS Titanic and its physical artifacts into Web3.
Artifact Labs will then go about"immutably" preserving"5,500 recovered physical artifacts from the Titanic with its NFT standard for historical assets on the blockchain." RMST controversially has sole salvaging rights to the wreck so fresh relics from future dives will be minted as"ARTIFACTs." Jessica Sanders, RMST president, said:"We remain dedicated to sharing the legacy of the Titanic, her passengers and crew, with people around the world. As the salvor-in-possession of the Titanic wreck site, we are determined to ensure that the Ship's artifacts are preserved in perpetuity and accessible to future generations. We believe that moving into the digital space allows us to reach a broader audience with quality programming that educates and inspires.
While RMST goes to great pains to paint it in a sympathetic light, the actions of the company show that the world's most famous shipwreck is just there to be milked – hence NFTs as another revenue stream.:"To bring up those things from a mass sea grave just to make a few thousand pounds shows a dreadful insensitivity and greed."
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