ArtPro
ArtPro
Art does not only color because of its beauty.
ArtPro forms a complete ecosystem where traditional and contemporary art exploits cryptocurrency, smart contracts and augmented reality to create an open platform that supports everyone from emerging artists to novice investors.
Through a partnership with the gallery working with new artists, ARTPRO MVP will be launched with the contemporary work that can be admired and obtained instantaneously. Buyers have the option to save purchases at a secure facility for investment purposes or send them to their chosen location. Over the years, the art market has failed to innovate and survive with an inefficient system that benefits auction houses and galleries, but not much for content creators and collectors.
great art. ArtPro introduces the obsolete art industry in the 21st century while eliminating endemic imitation to industry through a three-component system.
provenance solution. The ArtPro Ecosystem is characterized by transparency and equality for the benefit of all participants.
Platform ArtPro
Market Review
Sales in the global art market reached $ 63.7 billion in 2017, up 12% from the previous year. The United States is the largest market, accounting for 42% of sales by value, with China being in.
second place (21%) and third UK market (20%). Art and collections represent a $ 2 trillion asset class, which is expected to reach $ 2.7 trillion over the next 10 years, with annual transactions estimated at $ 620 billion.
Below, highlight the factors that slow down the industry
– 51% of global art galleries have been closed since 2012, with overhead costs and an inability to generate enough contributing factors
– It is estimated that 30% of artwork sold is fake
– The Deloitte Art & Finance 2017 report presents “authenticity, lack of origin,
forgery and attribution “as” the greatest threat to the art market reputation “
– Gallery-gallery charges up to 50% commission and art auction 12.5-25%
Organized art collections require a minimum of $ 500,000 to participate
Investors in art funds must be accredited and capital must be immobilized for 5 to 10 years
While most industries have migrated to the Web, art purchases and sales are still largely limited to brick and mortar buildings
Emerging artists have several options to promote their work online and get exposure Payments of foreign investors’ artwork are complicated, bank transfers are the usual method, which takes an average of five working days
Calculation of costs outside the cost of art is often difficult to determine,
causing buyer frustration at perceived hidden costs
L’application
PROVENCE IN BLOCKCHAIN
ERC721 tokens are used to store lineages of each artwork
Token metadata stores the current owner’s hash and transaction history. In each transaction, we take the last block number, owner details and sales information next to the UUID and hack it again
The history of the art movement on the ArtPro system is stored on a blockchain that cannot be changed
The authenticity of each transaction can be proven by crossing with the corresponding ethereum block.
Utility Tokens
Token ArtPro (APT) is an ERC20 token that will run on the Ethereum network, chosen because of its developer ecosystem and supported products, including compatible portfolios and exchanges. The APT token will perform a series of functions in the ArtPro platform and various applications based on its open source protocol.
A multifunction utility token, APT, will serve as payment for services, including the purchase of artwork, obtaining reports and reward mechanisms to attract developers, art galleries and artists to join. ArtPro Ecosystem. As the platform develops, the number of APT use cases will increase.
Token ArtPro will perform the following functions:
Utility Tokens
Token ArtPro (APT) is an ERC20 token that will run on the Ethereum network, chosen because of its developer ecosystem and supported products, including compatible portfolios and exchanges. The APT token will perform a series of functions in the ArtPro platform and various applications based on its open source protocol.
A multifunctional utility token, APT will be used to pay for services, including the purchase of artwork, obtained from reports and reward mechanisms to encourage developers, art galleries and artists to join the ArtPro ecosystem. As the platform develops, the number of APT use cases will increase.
ArtPro feature
Payment: APT can be used in domestic and international sales to bridge the gap between buyers and suppliers, making transactions more profitable and safe.
Authentication: Users will be able to pay for authentication using APT to complete KYC.
Storage: APT token holders will have the opportunity to purchase secure storage at discounted prices for the custody of their own art collection or to pay for the storage of the work they have purchased through the ArtPro platform.
Incentives: ArtPro will store multiple backup chips. This will be used to encourage the development of dApps by third party developers and embedded galleries and artists that appear with certain qualities whose work will be displayed on the platform.
Reputation: ArtPro will use a reputation system where artists, galleries and curators are encouraged to lock chips for a certain period of time to show their reliability. After being used to induce good behavior, these tokens can then be exchanged, the user’s reputation is driven based on the number of tokens they key and the locked period.
Promotions: Artists and galleries can use APT to buy advertisements and sponsored advertisements on the ArtPro platform. The selected work will be prominently displayed on the website and the ArtPro application for the selected category, increasing their global visibility.
Token allocation:
Token name
Type + title token
SUITABLE
ERC20, utility
Number of hit tokens
Unsold chips
Public selling price
Pre-sale price
500 000 000
burned
0.15 $
0.1 $
Currency accepted
Soft / hard cap
ROADMAP
JULY 2017
Inception platform ArtPro
OCTOBER 2017
Work starts for the core team
FEBRUARY 2018
Official UK entity registration: ArtPro LTD platform
MAY 2018
Public release of the website and ArtPro whitepaper
Q3 2018Presale – Crowdsale ICO
Q1 2019
Launch of Beta MVP
Q2 2019
MVP lunch with partnering galleries & artists
Q4 2019
Introduction to augmented reality to the platform
Q2 2020
ArtPro’s first art exhibition in London
Q1 2021
ArtPro collector publication publication every three months
Q4 2021
Released ArtPro art investment fund
TEAM
For more detailed information, visit L
Website: https://art-pro.io/
Whitepaper: https://art-pro.io/files/artPro_white_paper.pdf
Telegram: https://t.me/artproplatform
Bitcointalk username: fair111
Bitcointalk link: https://bitcointalk.org/index.php?action=profile;u=2660645
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