Fusion NFT Blockchain Company Coinllectibles Plans To Acquire Phoenix Waters Productions
Coinllectibles (COSG), the Fusion NFT blockchain company, has announced plans to acquire Phoenix Waters Productions, an award-winning multinational production company with offices in Hong Kong and London developing films, series, and variety shows for local and international audiences, at an aggregate valuation price of HKD 35 million.
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This acquisition comes at the back of the news last month that Phoenix Waters Productions will be producing “Crypto Keepers” – Asia’s first NFT drama series. As the world’s only publicly traded Fusion NFT™️ company, Coinllectibles™️ is disrupting the arts and collectibles industry with blockchain technology through their proprietary Fusion NFTs™️. NFTs or non-fungible tokens have recently taken the art and music worlds by storm.
A British Chinese filmmaker and former banker who spent his life striving to bring the East and West together, Phoenix Waters Productions’ CEO & Founder Bizhan Tong has a plan to resurrect the Hong Kong entertainment industry for the international market, and has set his eyes on accomplishing greater things in the media and entertainment industry with the use of blockchain technology.
Commenting on the acquisition, Bizhan said “I am very excited about this acquisition due to the synergies which lie between Phoenix Waters Productions and Coinllectibles™️. With blockchain technology permeating the media and entertainment industry, the possibilities are endless in film making and production to evolve the experience and engagement audiences have with media and entertainment that will transform the industry.”
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Likewise, the management at Coinllectibles™️ shares the same sentiments. “We are happy to acquire Phoenix Waters Productions as we see the potential of producing valuable media and entertainment physical assets for the crypto community through our proprietary Fusion NFTs™️. This acquisition of Phoenix Waters Productions will help us achieve this goal,” said Toby O’Connor, CEO of Coinllectibles™️.
Upcoming productions include Hong Kong drama series Forensic Psychologist shooting next month with an English language version also in development, a Cantonese remake of Richard Linklater’s Tape with original writer Stephen Belber involved, Hong Kong’s biggest zombie film in history Chungking Mansions featuring an international cast, Asia’s 1st NFT drama series Crypto Keepers, and the first major Hong Kong superhero drama series Evos. Lockdown, an international thriller shot in multiple countries including the UK and Hong Kong was recently completed and is set for release later this year.
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