A distinguished expert on the Titanic and one of the five crew members, Paul-Henry Nargeolet, aboard the distressed submersible Titan, had recently collaborated with a web3 company, Artifacts Labs, to initiate a Titanic-themed NFT collection.
Holding the salvage rights to the iconic shipwreck, Nargeolet envisioned the NFT collection as a novel way to “celebrate, remember, and preserve the legacy of Titanic and its passengers.”
The roadmap for the NFT project suggests an ambitious plan. The collection will be launched in three phases. The Genesis NFT collection will be launched in phase one. The Genesis NFT owners would gain access to The Titanic Legacy Council, an organization dedicated to upholding the Titanic’s legacy.
In phase two, this membership would enable them to actively participate in significant decisions concerning the exploration, experience, and engagement with the Titanic’s legacy and its artifacts.
In phase three, The Artifact Collection will be launched, which will represent more than 5500 physical artifacts salvaged from previous and ongoing expeditions.
On June 21, a statement was released by RMS Titanic, Inc., the company owned by Nargeolet, announcing the unfortunate news of their founder’s predicament aboard the Titan. Artifact Labs, the firm involved in the NFT initiative, also released a statement responding to the initial news.
As of now, Nargeolet is still listed on the NFT project’s website as a member of the “expert team… responsible for the care and legacy of the Titanic.” His tragic circumstances highlight the inherent risks faced by those who venture into the depths to preserve and celebrate historical events.
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