The cryptocurrency market sentiment seems to be picking up after a year-long bear market and a significant uprise in collected funds can also be seen. Here at ExMarkets, we are glad to offer the scene for some of the most promising blockchain/crypto projects to start their journey to the moon and right now we would like to introduce one of those gems to our community — ArtPro.
Nowadays, most of the products and services can be found online but somehow buying art online is yet to follow the general trend. There are a lot of risks involved because you may never be too sure that you’ll get what you paid for.
ArtPro is building the go-to marketplace for private dealers and contemporary artist to give them a trusted and secured pathway to engage in trade also allowing to bypass excessive fees and the need for intermediaries.
ArtPro is bringing art to the blockchain and will host their fundraising via IEO on ExMarkets starting on July 25th.
Round I: 25th July 2019–1st August 2019 | Price: $0.10 (33.33% discount)
Round II: 5th August — 12th August | Price: $0.12 (20% discount)
Round III: 15th August — 3rd September | Price: $0.15
“We’re delighted to confirm our initial exchange offering will commence on July 25th, and encourage anyone interested in acquiring ArtPro Tokens to register with ExMarkets in advance to ensure they’re able to secure an allocation.” — told Oliver Hams, Co-founder, and CEO of ArtPro.
The IEO starts on July 25th, but you can already find ArtPro on ExMarkets Launchpad in the ‘Upcoming’ section. Visit ExMarkets Launchpad today to find out more.
To get a better introduction, please view the official ArtPro explainer video
The business of authenticating, appraising and acquiring art has not moved in sync with the digital revolution and is still operated mostly in the same manner as it was 50 and more years ago despite being a multi-billion dollar industry.
Masterpieces of art have been used as a store of value ever since the civilization started and to this day, a significant piece of art can act as a superb hedge against the fluctuations in financial markets.
ArtPro is giving the industry a reboot and is creating an online platform to list, trade and exchange art online. However, there are some risks involved with dealing art online — Deloitte Art report for 2017 listed authenticity, lack of provenance, forgery, and attribution as the main threats for the industry.
That’s the reason why ArtPro decided to build a blockchain-based platform and ensure that the aforementioned risks are minimized the largest possible extent.
Certificates of validity, ownership rights and other important information regarding art pieces will be stored on the blockchain to provide transparency. However, that is only the beginning. The project has big plans for the future which include but are not limited to the use of smart contracts, augmented reality, dedicated cryptocurrency to acquire and sell art and much more.
The initial platform will be equipped with a catalog of certified works coming from established and uprising artists. To further drive fair play and operational standards onto the architecture, there will be artist and buyer rating systems implemented as well.
How will it work?
Art lovers will look for art on the ArtPro platform and will have the chance to filter works based on several search parameters. After the buyer has chosen his/her favorite, they’ll be able to download the provenance report in exchange for a set amount of APT tokens. If the buyer is satisfied with the report, then he or she can purchase the art piece by paying the quoted price in APTs. However, the artist will not be credited immediately, ArtPro platform will act as an escrow and will release the funds only after the art piece has been successfully delivered. After the exchange has been made, both parties will be encouraged to fill in the feedback report for the buyer and seller reputation management,
Some of the key benefits the ArtPro platform and infrastructure are:
- ArtPro is focused on a p2p system and allows to bypass third-party involvement;
- It encourages newcomers to join the art trade industry by lowering the barriers to entry;
- ArtPro will help emerging artists to get world-wide recognition;
- Token ticker: APT;
- Tokens for sale: 100,000,000 APT;
- Token price: starts at $0.10;
- Bonus: Yes, from 33.33% depending on the timing;
- Accepted Currencies: USDC, BTC, ETH;
- Blockchain: Ethereum (ERC20)
- Hardcap: $20,000,000 USD;
- Softcap: $1,000,000 USD;
The art market has reached a mind-blowing $67.4 billion in 2018 and has been growing at around 10% year-on-year. It is growing rapidly as well, but the overall value of it is only a fraction of the whole industry. Living in the XXI century it is only a matter of time until people are handling their dealings in art just as they’re handling their other chores and activities — online. ArtPro is making that happen so that every art-lover can become a market player.
Visit ExMarkets and check out the IEO launchpad, trading environment while waiting for the ArtPro IEO to start. The fun starts on July 25th. Don’t forget to register your account!
ABOUT THE AUTHOR
ExMarkets is a digital asset exchange platform powered by the state-of-the-art trading engine developed in-house. On the exchange, ExMarkets users can trade the most popular cryptocurrencies as well as gain the chance to participate in the token sales of the most promising blockchain and crypto projects through ExMarkets Initial Exchange Offering (IEO) LaunchPad.
Fairly recently ExMarkets was granted 2 operational licenses for crypto-fiat gateway and custodian service provision by the Estonian regulator making it one of a few certified players in the market.
It takes only a few minutes to set up your account and users are allowed to make deposits in Bitcoin, Ethereum, other supported cryptocurrencies, tokens, and most importantly Euros.
To top it all off, ExMarkets is a part of the CoinStruction liquidity framework which is aggregating order-books from the most well-known cryptocurrency exchanges guaranteeing 24/7 crypto liquidity — a feature which can seldom be seen in the current market.
All IT solutions and technology of ExMarkets and CoinStruction’s services are developed in-house guaranteeing that all security threats and third-party associated risks are kept at minimum levels throughout all stages of product deployment.
Trade. Master. Profit. ExMarkets.