ArtPro - The Art of blockchain

After my research, I found this project in which I really put my faith: ArtPro. Very likely you haven’t heard about them, project is made by great team members. Nevertheless, guys have an advantage, many other teams does not: already existing product made on a very perspective field. But these are not all pluses I found in this project. Below you can read the analysis and decide on your own, do you want to send some pennies to the pot.

image.png

ArtPro is creating the go-to marketplace for private dealers and contemporary artists, with a strong focus on emerging talent. The ArtPro platform will open the art world to the masses, making it possible for anyone to discover and purchase fine art online without the excessive fees, intermediaries, and steep learning curve that have traditionally made art available to only to the privileged and the well-connected. Certificates of provenance, stored on the blockchain, attest to the authenticity of each artwork on the ArtPro platform, but that is only the beginning.

ArtPro forms a complete ecosystem in which traditional and contemporary art harnesses cryptocurrency, smart contracts and augmented reality to create an open platform that supports everyone from emerging artists to first-time investors. Through partnerships with galleries that are working with rising artists, ArtPro’s MVP will launch populated with contemporary works that can be admired and acquired instantly. Buyers have the option to store purchases in a secure facility for investment purposes or to have them shipped to a location of their choice.

PROBLEMS ArtPro AIMS TO SOLVE

THE GREATEST THREAT

As much as 30% of all art sales are believed to involve forged pieces. The Deloitte Art & Finance Report 2017 lists ‘authenticity, lack of provenance, forgery, and attribution’ as ‘the greatest threat to the reputation of the art market’.

BARRIERS TO GROWTH

The online art market is yet to reach maturity and efforts to promote its growth have been futile because buyers’ concerns haven’t been addressed. The lack of transparency surrounding both condition and pricing, a shortfall of available information to educate buyers about the art and the reliability of the authenticity of a piece have been preventing the conversion between browser and buyer.

ART AS THE STORE FOR WEALTH

Art has long been valued for more than its beauty. From Old Masters to contemporary pieces, art has been used as a store for wealth for people wanting to invest in assets that are largely immune to the movement of the financial markets. The chain of title, however, is as valuable as the work itself with complete provenance correlating with higher returns.

ArtPro will operate as a platform that connects participants and stakeholders within the ArtPro ecosystem. The most visible manifestation of this will be the ArtPro website and dApp, which form an information-rich portal for accessing a complete suite of resources for art aficionados.

Education and access to contemporary art are provided through a range of multimedia resources including articles, tutorials and videos. Aspiring investors will be guided through the fundamentals of appraising and acquiring fine art, from first steps to advanced strategies. Most importantly, buyers and sellers are connected, enabling art to be traded instantly using the APT token via the MetaMask browser or in-app wallet.

Developers are free to create dApps built upon the ArtPro protocol, and a reward fund will incentivize the development of meritorious projects. Features such as provenance reports and the ArtPro marketplace can be integrated into third party platforms via API, bringing artists and their work to a wider audience.

ArtPro MARKETPLACE

The ArtPro Marketplace will use a rating system in tandem with blockchain-held reports to deliver a high level of transparency. It will create a benchmark for sellers to aim for and buyers to seek that will be transformative to online sales.

image.png

FUNCTIONS OF THE MARKETPLACE

Connects participants and stakeholders

Allows art to be browsed and filtered by type, price, artist and style

Acts as an information-rich portal for art lovers

Provides strategies for appraising and acquiring art

Enables transactions using the native APT token.

The ArtPro Marketplace uses a rating system to encourage transparency, set buyer and seller standards and drive confidence.

TOKEN AND ICO DETAILS

Token name: APT

Token type + designation: ERC20, utility

Number of tokens minted: 500,000,000

Unsold tokens: Burned

Public sale price: $0.15

Pre-sale price: $0.1

Hard Cap - $20 m
Soft Cap - $5 m

Join our private token sale here: https://art-pro.io/whitelist.html

Token Distribution

35%Pre-sale

20%Founders & Advisors

15%Public Crowdsale

17%ArtPro Investment Fund

10%Developer & Emerging Artists

3%Airdrop & Bug Bounty

Funds Distribution

10%Legal

15%Marketing, PR & events

15%Operational costs

40%Platform development

20%Business development

ROADMAP AND DEVELOPMENT PERSPECTIVE

Q3 2018

Presale - ICO crowdsale

Q1 2019

Beta launch of MVP

Q2 2019

Lunch of MVP with partnered galleries & artists

Q4 2019

Introduction of augmented reality to the platform

Q2 2020

The first ArtPro art exhibition in London

Q1 2021

Release of the quarterly ArtPro collector's publication

Q4 2021

Release of the ArtPro art investment fund

Above you can see the roadmap — how the team sees their nearest and long-term future.

TEAM MEMBERS AND ADVISORY MEMBERS TO THE PROJECT

Team seems to be the strongest part of this project. It consists of innovative and talented people. Of course I cannot complain if we talk about their professional level, guys indeed are experts on their field.

For more information about this project, please visit;

Website: https://art-pro.io/

Whitepaper: https://art-pro.io/files/artPro_white_paper.pdf

ANN Thread: https://bitcointalk.org/index.php?topic=4838975.msg43657812#msg43657812

Telegram: https://t.me/artproplatform

Facebook: https://www.facebook.com/ArtProPlatform/

Twitter: https://twitter.com/ArtProPlatform

Author
nugezmils

BITCOINTALK PROFILE
https://bitcointalk.org/index.php?action=profile;u=1729621

artproblockchaincryptocurrency
6
0.184 GOLOS
0
В избранное
nugezmils
На Golos с 2018 M02
6
0

Зарегистрируйтесь, чтобы проголосовать за пост или написать комментарий

Авторы получают вознаграждение, когда пользователи голосуют за их посты. Голосующие читатели также получают вознаграждение за свои голоса.

Зарегистрироваться
Комментарии (0)
Сортировать по:
Сначала старые