South China Morning Post’s NFT Spinoff Company Artifact Labs Raises $3.25M

“This isn’t about creating new IPs for speculation — like NFT hype projects — it’s about fostering new engagement with historically significant collections with Web3,” Phillip Pon, CEO of Artifact Labs, said in a statement. “We want to create a new space in the younger public’s consciousness for historical markers and artifacts…while supporting these important organizations with new revenue streams to fund their conservation work, while strengthening on-chain immutability through NFT.”