PRESS RELEASE. The preservation of the Euro sculpture in downtown Frankfurt, Germany, has been at risk in current months as no sponsors have been prepared to offer the required financing. On the similar time, the prices of sustaining the sculpture have risen significantly, primarily attributable to elevated ranges of vandalism.
The unbiased non-profit affiliation Frankfurter Kultur Komitee e.V., the proprietor of the Euro sculpture, would have been compelled to have the sculpture auctioned off as a final resort by 15 October 2022 if nobody had stepped ahead to assist.
Due to this example and the ensuing dialogue within the media, the problem grew to become a scorching matter. By this media consideration, the Frankfurt firm CAIZ Improvement GmbH grew to become conscious of the issue. As an area firm with its roots firmly within the monetary centre, they rapidly determined to develop the financing vital for the Euro sculpture to stay in Frankfurt.
CAIZ Improvement is a fintech firm headquartered in Frankfurt, and it’s creating a blockchain-based ecosystem for monetary inclusion. For CAIZ Improvement, meaning, amongst different issues, entry to a transactional account – presently unavailable to greater than two billion individuals worldwide. “Caiz” in Arabic stands for “permitted, reliable and authorized,” and it represents a normal moral orientation within the monetary world.
The sponsorship contribution doesn’t solely cowl the upkeep prices for the Euro sculpture for the subsequent 5 years. The principle sponsor may even manage occasions on subjects that match the statutory function of the Frankfurter Kultur Komitee e.V. affiliation.
Town of Frankfurt, the European Central Financial institution and the native state (Hessian) Ministry of Finance will proceed to be concerned within the actions across the Euro sculpture.
After all, additional sponsors to assist the Frankfurter Kultur Komitee, e.V. are at all times welcome.
Frankfurter Kultur Komitee e.V.
Prof. Dr. Manfred Pohl
Tel: +49 (0)172-678 5628
CAIZ Improvement GmbH
Tel: +49 (0)162-7963310
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