ArtGrails NFT Platform Holding Live Events for NFT Drops by Michael Cohen and for Ghostface Killah; Mint Gold Dust to Geo-Drop NFTs Across Miami Beach; and Much More
MIAMI, Dec. 01, 2021 (GLOBE NEWSWIRE) — ( via Blockchain Wire ) –– Transform Group ( https://transformgroup.com/ ), the original blockchain public relations firm, will have six of its clients presenting and available for interviews during Art Basel Miami and related NFT weeks throughout the week.
ArtGrails NFT Marketplace Launches with Ghostface Killah “Golden Eagle” NFT Ghostface Killah’s iconic 24k solid gold, “Golden Eagle Bracelet” will debut as a melted gold coin minted as a one-of-a-kind NFT designed by famed hip-hop jeweler, Jason of Beverly Hills . The display kicks off the launch of ArtsGrails , a new NFT platform, and marketplace created by veteran art dealer to the stars, Avery Andon .
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ArtGrails will host an invite-only, VIP event and art show in the design district of Miami to provide a truly custom experience of high-end art. The coin and the exclusive video of the NFT masterpiece will be auctioned off beginning November 30th and will run through December 11. “Burnt Golden Eagle” NFT Editions will also be available via ArtGrails.com starting December 11th, at 4 PM EST. These artist collaborations will feature images of the coin, the legendary ‘Golden Eagle Bracelet’, and the melting/minting process and are created in partnership with artists TillaVision and Andrew Ralph .
ArtGrails will also host a live invite-only video Q&A with Ghostface Killah at the NFT platform’s VIP event on Friday, December 3. https://www.artgrails.com/
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ArtGrails – Michael Cohen Michael Cohen, Donald Trump’s former personal lawyer and author of the New York Times #1 bestseller “Disloyal: A Memoir,” is following up the success of his tell-all book with NFT-backed items telling the origin story of the controversial memoir.
Cohen is making available for auction the original handwritten first page of his bestselling memoir, which was written by the former Trump “Fixer”, on personal letterhead while sitting in a holding cell in federal prison. Cohen’s prison badge from his time in Otisville Federal Prison is also being auctioned and will be minted as a multi-edition NFT to be available on ArtGrails.
The handwritten page will be sold with an exclusive never-before-seen video NFT of Cohen writing the page by hand in his Otisville holding cell. Bidding for the manuscript will begin on December 1, at 5 PM EST, and end on December 12. NFT digital renderings of the prison badge will be available for minting beginning December 12, via ArtGrails.com. The NFT’s, prison badge, and the physical memoir page will be exhibited at the ArtGrails NFT Exhibition, open December 1 – 12 in Miami’s design district.
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ArtGrails plans to host a media Q&A session with Cohen at the NFT platform’s VIP event on Friday, December 3.
Accursed Share Unveils Frederic Auerbach NFTs Accursed Share ( https://accursedshare.art/ ), a production studio leveraging smart contract technology to push the boundaries of cryptoart, will release the first NFT collection by celebrity photographer Frederic Auerbach. The collection will consist of two NFT drops of the process and master photos of five A-lister celebrities. The NFT collection, titled “Captured Moment: The Master’s Process,” will center around five famous figures – Hollywood actress Natalie Portman, professional boxer Mike Tyson, actress and singer Zendaya Coleman, actor Benedict Cumberbatch and actress, producer and former model Sharon Stone.
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Mint Gold Dust Geo-Dropping NFTs Over Miami Beach Mint Gold Dust ’s NFT marketplace is hacking Miami Art Week with an augmented reality/GPS scavenger hunt for NFTs. In partnership with Illust Space , they will be geo-dropping Mint Gold Dust NFTs all throughout Miami Beach, allowing conference-goers to follow a map and use their phones to reveal the works hiding in plain sight. Participating in the hack is $Whale who will be showcasing rare NFTs from their famed collection, The Vault. These pieces will be geo-dropped inside one of Miami’s hottest fairs. NFT drops will run from December 1-5th. Mint Gold Dust’s Founder, Kelly LeValley Hunt, is available for additional questions.
SHAG (Jose Agle): Award-winning artist SHAG ( www.shag.com ) will be previewing his upcoming NFT drop, QittyQats ( www.qittyqats.com ), fresh from its sneak peak at San Diego Comic-Con. The first-ever NFT drop from the acclaimed California artist will consist of 10,300 randomly generated NFTs with more than 200 possible traits. SHAQ will be previewing the upcoming drop and available for interviews.
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Transform Group will hold an Art Basel VIP closing party at the Miami home of founder Michael Terpin on Saturday, December 4, from 6-10 pm. Please inquire about getting on the guest list.
YellowHeart Debuts NFT Ticketing for SCOPE Art Show YellowHeart , the NFT marketplace for ticketing and community tokens that accepts both crypto and credit card payments, will release NFT VIP tickets at SCOPE Art Show during Miami Art Week, making it the first art fair to issue NFTs as tickets. The tokens will feature unique editioned artwork tied to SCOPE’s New Contemporary Program, presenting emerging and celebrated artists that define our cultural landscape across a variety of creative disciplines. Founded in 2017 by NYC-based music blockchain innovator and leader, Josh Katz, YellowHeart is the leading NFT marketplace for music NFTs, tickets, community tokens and more, working with artists such as the Kings of Leon, Maroon 5, the late XXXTentacion, ZHU, Burnley F.C., and more. Josh Katz is available for interviews.
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About Transform Group: Transform Group is a leading worldwide blockchain strategy and public relations agency with headquarters in San Juan, Puerto Rico, and offices in Los Angeles, San Francisco, Las Vegas, New York, Miami, and Bermuda. Since 2013, The Transform Group has been a pioneer in every new segment of the blockchain market, including Decentralized Finance (DeFi), Non-Fungible Tokens (NFTs), representing more than 300 blockchain companies, including 150+ token launches and growth campaigns. For more information, visit www.transformgroup.com .
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The Bank of England has raised the base interest rate by half a percentage point to 1.75 per cent, the biggest rise since 1995, in an attempt to combat runaway inflation.
The nine-strong monetary policy committee voted eight to one in favour of a 50 basis point rise, defying some market expectations for an increase by 25 basis points.
It is the Bank’s sixth consecutive tightening in monetary policy and follows in the footsteps of the US Federal Reserve and European Central Bank, which have begun aggressively raising rates by larger increments.
Interest rates are now the highest since 2009 as the Bank attempts to bring down inflation, which is running at a 40-year high of 9.4 per cent and is on course to exceed 11 per cent later this year.
These would be the worst inflation rates in the G7, caused in large part by rising global energy prices driving household bills higher this year. The UK economy is also heading for a slowdown this year as consumer incomes are squeezed more tightly than since the 1950s.
Andrew Bailey, the Bank’s governor, has hinted that it will also announce how it intends to begin unwinding the £850 billion of government debt pumped into the economy since the financial crisis, offloading bonds worth between £50 billion and £100 billion from as early as next month.
The Bank will also deliver its quarterly outlook, with Bailey expected to forecast that inflation will rise beyond 11 per cent and remain in double digits into next year. The Bank’s target is 2 per cent.
Commenting on today’s Bank of England interest rate rise, David Bharier, Head of Research at the British Chambers of Commerce (BCC), said: “This rise is the clearest signal yet of the Bank of England’s intention to get inflation under control. Spiralling prices are cited by businesses as by far and away the top concern right now.
“However, given the extremely precarious state of the economy, this decision is not without risk for businesses and consumers that are exposed to banking or overdraft facilities.
“There are many causes of the current inflation crisis – global supply chain problems, trade barriers, soaring energy costs, increased taxes, and labour market shortages. Interest rate rises alone will do little to address these.
“Worryingly, our research indicates strongly that most small businesses are not investing for growth, and that longer-term confidence is beginning to wane.
Jeffrey MacIntosh: The government has the legislated right to have a say in the agency’s course
The Ontario Securities Commission is an “agent” of the provincial government. As such, Jeffrey MacIntosh argues it has the right to appoint representatives who reflect its outlook.Photo by National Post
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Ed Waitzer’s recent op-ed (“The issue at the OSC is integrity, not debate,” July 14, 2022) expresses surprise and disappointment in my recent op-ed (“Conflict at the OSC: Why the regulator needs to make room for dissent,” July 7, 2022). In that op-ed, I argued that lawyer Heather Zordel’s appointment as non-executive chair of the OSC in March of this year should be met with open arms, as it introduces new points of view into what seems to be a rather intellectually closed shop. I don’t suppose it will come as a shock to Ed Waitzer or anyone else that I am surprised and disappointed at his rebuttal.
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To begin with, it contains a number of inaccuracies. It states that Ms. Zordel was denied reappointment to her earlier position (2019-2021) as part-time commissioner. In fact, given her busy legal practice, she took herself out of the running. This puts a rather different complexion on the matter.
And I never stated or implied that Ms. Zordel was not reappointed as part-time commissioner because of two dissenting opinions that she wrote as commissioner. My point was that for Ms. Zordel’s critics the dissents were a factor in opposing her appointment as chair of the board.
The nub of my argument was that the OSC could benefit from greater variety of viewpoints among its brass as to what investor protection and other aspects of the OSC’s mission entail. By contrast, Mr. Waitzer argues: “the importance of debate and dissent is not the point here.” I beg to differ. As I indicated, some prominent accounts of Ms. Zordel’s appointment have put a pejorative cast on her disagreements with her fellow commissioners. That puts the issue of debate and dissent front and centre.
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I certainly agree with Mr. Waitzer that the independence of administrative agencies is a cornerstone of our democracy. But does that mean that every administrative agency should be entirely divorced from any government oversight whatsoever — a little fiefdom unto itself and in no sense answerable to its political masters? Not a whit. It is the government that creates the agency, defines its mandate, gives it the powers that it needs to carry out that mandate and defines its organizational structure. And it is entirely within the purview of the government to enlist its legislative power to re-define that mandate, powers, and organizational structure if it chooses.
We don’t have to look into the distant past to find an example. On the advice of a non-partisan blue ribbon panel — the Capital Markets Modernization Taskforce (“CMMT”) — the Conservative government has recently substantially reorganized the OSC via the Securities Commission Act, 2021 (declared in force in April). That legislation splits the adjudicative function (the “Capital Markets Tribunal”) from the regulatory function. Moreover, where before the reorganization the OSC Chair and CEO were the same person, the two offices are now split. As expressed by the CMMT, “The Board of Directors, led by the Chair, (will) focus on the strategic oversight and corporate governance of the regulator,” while “The CEO (will) be responsible for the overall management of the organization and execution of the OSC’s mandate.” The directors, including the chair, are all government appointees.
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This new structure, recommended by a non-partisan committee, gives the government of the day the power to influence, at the highest level, the strategic direction of the OSC. But why should it not? If the government is dissatisfied with the strategic vision or regulatory philosophy of the regulator or the manner in which it is being implemented, it would be profoundly anti-democratic — and at odds with the rule of law — to forbid the government from seeking to alter the agency’s course.
Indeed, the Ontario Securities Act states “The Commission is an agent of the Crown in right of Ontario.” The key word here is “agent.” It is not “hegemony,” “fiefdom” or “satrapy.” At the end of the day, the OSC is a government creation performing regulatory functions ceded to it by the government.
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Do Ms. Zordel’s conservative connections compromise the independence of the institution of which she is now head? Absolutely not. In the making of such appointments, the twin issues of competence and integrity will take up a lot of shelf space. But why should the government not also consider, if it chooses, whether potential nominees share the government’s regulatory philosophy
The true worry about political interference is that the government might attempt to dictate or influence the result of particular cases. But the new legislation builds in the important protection of ceding no operational powers to the board of directors. Thus, aside from the government’s power to approve or decline proposed rule changes (a longstanding feature of securities regulation), its sole discretionary avenue of influence lies in its power to appoint directors and hence influence high-level strategic direction.
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What is left of the argument that there has been inappropriate political interference over the OSC? Only the assertion that Ms. Zordel and three other part-time commissioners were appointed without the government having consulted the OSC, as has customarily been done. Yes, it would have been better if the government had consulted the OSC. In all likelihood, however, the outcome would have been the same. The OSC might not like not having been consulted but at best this is a foible not a fiasco.
In the end, this tempest easily fits within a standard-issue teapot.
Financial Post
Jeffrey MacIntosh is a professor of law at the Faculty of Law, University of Toronto, and a director of the Canadian Securities Exchange.
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