Meta Canvas, new generation Metaverse marketplace for digitized physical asset

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Digitally authenticated physical asset marketplace launching on 4th of March, 2022

SINGAPORE, Feb. 28, 2022 /PRNewswire/ — The pandemic has seen a surge in consumer spending, especially in luxury goods such as rare watches, artwork, and automobiles. The Knight Frank Luxury Investment Index reported asset appreciation of 87% and 180% on luxury watches and classic cars, respectively.

Meta Canvas, new generation Metaverse marketplace for digitized physical asset Digitally authenticated physical asset marketplace launching on 4th of March, 2022
Meta Canvas, new generation Metaverse marketplace for digitized physical asset Digitally authenticated physical asset marketplace launching on 4th of March, 2022

However, traveling to traditional auctions can be risky, and the time is taken to complete a sale typically takes 3 months with traditional auction houses, with premiums as high as 26% on the hammered price. Launching on the 22nd of February, Meta Canvas is a revolutionary marketplace that offers authenticated physical and digital ownerships with provenance. 

Both sellers and buyers can easily transact collectibles and high luxury assets such as rare watches and cars on Meta Canvas’ end-to-end platform powered by a smart contract. The platform authenticates selectively consigned assets with its smart contract, giving potential buyers peace of mind and provenance for the goods. The goods can then be posted on the Meta Canvas app-based marketplace for direct purchase, or bidding. The platform also supports minting luxury assets, such as rare watches, on OpenSea for digital assets, including USDC, USDT, and BTC transactions.

All assets consigned are under Meta Canvas’ custodian service, fully insured and protected in the state-of-the-art facilities in Le Freeport Singapore. Owners of the items enjoy tax-free ownership within Le Freeport Singapore, each owner will possess unique authenticated digital ownership, as well as the physical item, such as a rare Patek Philippe 6002G, or a Patek Philippe Tiffany Nautilus. Meta Canvas also provides price consultation on market trends, when the price of your prized possession appreciates, the asset can then be sold on the Meta Canvas marketplace. Meta Canvas’s official website can be found at www.meta-canvas.com

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