Press Release
PRICE RELEASE As no sponsor was willing to finance the Euro sculpture’s preservation in Frankfurt, Germany in the recent months, it has been put at serious risk. The sculpture’s maintenance costs have increased significantly due to vandalism and other factors.
Frankfurter Kultur Komitee e.V. is an independent, non-profit organization that owns the Euro sculpture. If no one offered assistance, they would have to make the sculpture available for auction.
The media discussion and this situation made it a very hot topic. The problem was brought to the attention of CAIZ Development GmbH in Frankfurt. They quickly developed the funding necessary to finance the Euro sculpture, which was to be kept in Frankfurt as a local business with roots in the financial center.
CAIZDevelopment is a Fintech Company headquartered in Frankfurt that is working to develop 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. Main sponsor will organize events that correspond to the statutory purposes of Frankfurter Kultur Komitee e.V. association.
Frankfurt and the European Central Bank, as well as the Ministry of Finance of the Hessian state will be continuing to participate in the Euro sculpture activities.
There are many sponsors who would be happy to help the Frankfurter Kultur Komitee e.V. All donations are welcome.
Media contacts:
Frankfurter Kultur Komitee e.V.
Prof. Dr. Manfred Pohl
Tel: +49 (0)172-678 5628
CAIZ Development GmbH
Steffen Rieger
Tel: +49 (0)162-7963310
LinkedIn: https://www.linkedin.com/in/steffen-rieger-b1504b149/
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