Skip to main content

Frankfurt’s Euro Sculpture Is Saved by New Sponsor CAIZ Development

http://motleybloggers.com/wp-content/uploads/2022/09/frankfurts-euro-sculpture-is-saved-by-new-sponsor-caiz-development.png



press release



PRESS RELEASE. The preservation of the Euro sculpture in downtown Frankfurt, Germany, has been in danger in recent months as no sponsors were willing to provide the required financing. At the same time, the costs of maintaining the sculpture have risen considerably, mainly due to increased levels of vandalism.


The independent non-profit association Frankfurter Kultur Komitee e.V., the owner of the Euro sculpture, would have been forced to have the sculpture auctioned off as a last resort by 15 October 2022 if no one had stepped forward to help.


Because of this situation and the resulting discussion in the media, the issue became a hot topic. Through this media attention, the Frankfurt company CAIZ Development GmbH became aware of the problem. As a local company with its roots firmly in the financial centre, they quickly decided to develop the financing necessary for the Euro sculpture to remain in Frankfurt.


CAIZ Development is a fintech company headquartered in Frankfurt, and it is developing a blockchain-based ecosystem for financial inclusion. For CAIZ Development, that means, among other things, access to a transactional account – currently unavailable to more than two billion people worldwide. “Caiz” in Arabic stands for “permitted, trustworthy and legal,” and it represents a general ethical orientation in the financial world.


The sponsorship contribution doesn’t only cover the maintenance costs for the Euro sculpture for the next five years. The main sponsor will also organize events on topics that match the statutory purpose of the Frankfurter Kultur Komitee e.V. association.


The city of Frankfurt, the European Central Bank and the local state (Hessian) Ministry of Finance will continue to be involved in the activities around the Euro sculpture.


Of course, further sponsors to support the Frankfurter Kultur Komitee, e.V. are always welcome.


Media contacts:


Frankfurter Kultur Komitee e.V.


Prof. Dr. Manfred Pohl


Tel: +49 (0)172-678 5628


manfred.pohl@frakk.de


CAIZ Development GmbH


Steffen Rieger


Tel: +49 (0)162-7963310


Steffen.rieger@caiz.com


LinkedIn: https://www.linkedin.com/in/steffen-rieger-b1504b149/




Tags in this story

This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. MotleyBloggers.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.








Media


MotleyBloggers.com is the premier source for everything crypto-related.
Contact the Media team on ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options.



Image Credits: Shutterstock, Pixabay, Wiki Commons




Origina post from
https://motleybloggers.com/frankfurts-euro-sculpture-is-saved-by-new-sponsor-caiz-development/

Comments

Post a Comment

Popular posts from this blog

A Jacobin Podcast Review: Critiques on Crypto and Sterlin’s Response

https://motleybloggers.com/wp-content/uploads/2022/01/a-jacobin-podcast-review-critiques-on-crypto-and-sterlins-response.jpg The following opinion editorial is a Jacobin Podcast review written by the author Sterlin Lujan , the chief risk officer with Cryptospace. The Jacobin Podcast episode called: “ Dig: Cryptocurrency w/ Edward Ongweso Jr & Jacob Silverman, ” touches upon “cryptocurrency, NFTs, Elon Musk, the metaverse, meme stocks, and techno-utopianism amid the crushing reality of our neoliberal hellscape.” Cryptocurrency isn’t fringe technology anymore. Over the last decade, it has become embedded into finance, culture, and even our social life. It’s drastically changing the way we think about money, economics, and human action. However, some people, primarily on the left, are skeptical of cryptocurrency. Many of them hate it, regardless of how much of a godsend it has been for many. My friend, thought leader, author, and psychedelic visionary, Daniel Pinchbeck, pointed out a
Post a Comment
Read more

P2P Bitcoin Traders in Nigeria Think Outside the Box in the Wake of CBN Restrictions

After the Central Bank of Nigeria issued a directive targeting the country’s cryptocurrency industry, bitcoin and altcoin trade volumes on centralized exchanges immediately plunged. Nevertheless, the new regulations seem to have succeeded in boosting crypto trade volumes on informal markets or on peer-to-peer trading platforms. Nigerian Crypto Traders Get Creative Still, the increasing trades on informal platforms have also led to increased reports of users losing money to con artists. Moreover, with the CBN seemingly eager to see volumes of crypto trades plummet, Nigerian users had to find ingenious but legal ways of getting around the central bank’s imposed restrictions. As shown in one local report , one such legal way is through an app created by one local crypto start-up, Patricia. According to the report, this application is already enabling Nigerian users to buy or sell their crypto assets securely and without running afoul of CBN regulations. Therefore, in this report, we relis
Post a Comment
Read more

Whale Watch: A Deep Dive Into the Concentrations of Large Crypto Holders

https://motleybloggers.com/wp-content/uploads/2022/01/whale-watch-a-deep-dive-into-the-concentrations-of-large-crypto-holders.jpg Three months ago the crypto economy was worth more than $3 trillion and since then, digital currency prices have slid a great deal in value, as crypto assets have been sold and distributed across many hands. Over the last decade, fluctuating price cycles have made it so some addresses, typically referred to as crypto whales, have been able to accumulate vast quantities of coins. Moreover, a few crypto projects have also seen whales accumulate a majority of a token’s circulating supply via the initial distribution process. The Top 8 Crypto Assets by Concentration of Large Holders The subject of whales is a popular one in the world of cryptocurrencies, as the entities have always been a force to be reckoned with. Whales are large crypto asset holders who own more tokens than the average person, and they are called whales because their giant holdings can move m
Post a Comment
Read more