Artcoin.ai ICO Review.

marfi2405 (25)in #artcoin • 6 years ago (edited)

Introducing.
The art world is traditionally anything but transparent, and that’s where ArtCoin, an investor-driven collective, creates real change for investors. Guiding users through transactions using cryptocurrencies, ArtCoin enables investors to benefit from the increased security and transparency of the Smart Contracts platforms.

By pulling together information that everyday investors normally can’t access, ArtCoin democratizes the art market and acts as a direct liaison between investors and the art industry.

Artcoin Fund is AN capitalist driven collective. If you wish to hitch U.S.A. and our intent, browse the WhitePaper of ArtCoin Fund so buy the pre-ICO launch. Second, can|there’ll} be a chat by Fabrizio Marcolini from ArtCoin World Health Organization will talk about the ArtCoin Fund, whose aim is to democratize investment within the art world.

ArtCoin helps investors to store worth in collectible assets. ArtCoin Fund details are updated as presently as we tend to get all the knowledge from the project. fifty one of this currency is obtainable pre-and throughout the ICO; nineteen is employed by the fund to shop for works of art and so to introduce ArtCoin as a replacement currencybenchmark for exchange within the art world.

Technology.

Robust Software Authenticates Images.
Each artwork has a unique digital fingerprint, and by scanning and matching the finest textural details and storing it on the blockchain, our software effectively renders the artwork unforgeable thanks to its unprecedented ability to pinpoint fakes, no matter how sophisticated.

Changing The Art Industry With Our Solutions.
ArtCoin has implications that will reach all corners of the art industry. From individual collectors to large institutions, our authentication protocol is the perfect fit. Condition reports are simple and faster than ever before, and works can be tracked and traced with ease, functionalities that insurers and logistics companies can depend on. And individual artists are finally able to benefit financially from resales of their art.

A Platform That Supports Cataloguing and Transactions Via Blockchain.
With our technology, the art industry is more transparent than ever. Our platform, based on blockchain, is built on tamper-proof profiles of artworks cataloguing their provenance, history, and digital fingerprints. Top-level security standards are guaranteed, thanks to smart contracts and decentralization.

Business Model.
Presently, a lot of billions of dollars are been invested at risk because art is unable to be verified for originality whenever someone sells or buys art. An additional verification will also be done which costs a lot of money and time.

These fees shall be paid for transacting, securing, and verifying fine art on the Artchain platform. The token will also be supported by timeless pieces of art which can only be transacted in Artcoin. Thus, a Collateralized Coin Offering is also part of our package, as our coins will be supported by invaluable art pieces. Business model The following are the areas in which there is no effective digital solution:

➤ Image Authentication.
Image authentication cannot be done automatically but manually because, it is prone to human error, costly and time-consuming.

➤ Documentation.
The central to image authentication and valuation are the records of history and provenance, but these are often easily forgeable, incomplete and not stored securely. Business model

➤ Condition Reporting.
Due to the fact that the condition that are always reported are expensive and cumbersome be it human effort or large scanners. This make owners to often forego these, even though this is central for imagevaluation and insurance purposes (e.g. in the context of transactions/transportation).

Those responsible for damages to an image is nearly impossible to identify (e.g. in the context of gallery loans: whether damage happened during transportation or exhibition).

➤ Restoration.
There is no standard recording (and secure storing) of restoration activities along with an artwork’s other vital stats, i.e. history, provenance, and condition reports.

➤ Logistics & Transportation.
Transports are usually underinsured because of the fact that there is currently no track & trace solution.

➤ Intellectual Property Rights.
Artists are not able to gain royalties from the re-sales of their works due to the in transparency around image transactions.

➤ Collection Management.
The absence of an effective digital solution means that there is an abundant managing of large collections – from individual documentation/condition reporting to coordination of restoration works – which takes a great deal of effort and time.

User Roles & Associated Services.
Creator/rights holde :

➤ The creator/rights holder is stored as a distinct user of the ARTCHAIN system with a unique ID (User ID) type.

➤ The creator/rights holder is able to register the item, record its fingerprint, and to submit this to the ARTCHAIN system along with all relevant images to generate the artwork’s “biometric passport,” i.e. the artwork’s proof of life.

Owner :

➤ An owner is stored as a distinct user of the ARTCHAIN system with a unique ID (User ID) type.

➤ An artwork is associated with an owner (User ID) once it is bought from a creator or another owner (pri- vate or institutional) and the transaction is confirmed through the ARTCHAIN app.

➤ Owners are able to generate an artwork’s initial fingerprint/biometric passport.

Roadmap.

➤ Stage 1
Tokens go on sale at $0.01, by invitation only
Sale lasts until March-15-2019
Only initial investors who are in closecontact with ArtChain can purchase Stage 1 tokens.These investors have a deep involvementin the project and their valued feedback has helped to shape our work. The invitation to the initial offering of tokens at the lowest possible price is a reward in gratitude for their contributions.

➤ Stage 2
Tokens go on sale for $0.03Starts in April-2019This is the lowest possible price for investors who were not part of the invitation-only Stage 1 offer. They’ll receive the highest return for their investment, and it’s the ideal time to make large-quantity purchases.

➤ Stage 3
PRE-ICO EARLY BIRD Begins in May-2019
Tokens go on sale for $0.05
A great middle ground for those investors who preferred to ensure the ICO was a success, but don’t want to wait for the public sale as they wish to capitalize on higher bonuses.

➤ Stage 4
ICO – Tokens go on sale for $0.10
Starts in Sept-2019
The general public gets access to tokens during this most published sale. Support is growing, development is racing ahead, and we’re ready for a large investor influx. The ArtChain app is rolled out, with the first works of art being recorded on the blockchain.
Tokens will be listed on cryptocurrency exchanges following the ICO.

➤ Stage 5
Post-ICO 30 days EXCHANGE LISTING

Team.

Advisors.