Tokenizing the Titanic: New Partnership Brings Real Artifacts from Wreckage to NFT Market

Physical artifacts from the shipwreck of the Titanic will soon be turned into tokens to be sold on the NFT market. The partnership includes the company that holds exclusive salvage rights to the wreck and its site, called RMS Titanic, along with Artifact Labs' Web3 company and Venture Smart Financial Holdings (VSFG).

The plan is to keep some artifacts as NFTs and share them with the public, via Web3. The number of the objects is around 5500, but further items that could be found in the future are not excluded.

The three companies involved are engaged in the development of this project, whose objective currently lies in the digital preservation and circulation of memories dating back to the Titanic and its untimely end. Two of the participating companies are based in Hong Kong, and it seems that their participation is further supported by technological developments in the area.