› Unlabelled › ArtPro - The Art of blockchain
MASIGNALPHA101

ArtPro - The Art of blockchain

ArtPro - The Art of blockchain
Saturday, 23 February 2019

 Despite our dynamic world, some industries still use the principle of old-order interaction. This area has been observing all the canons of interaction between the participants of this market for more than three hundred years and lives by the old principles. You may not immediately guess what area we are talking about, but I still lift the veil of secrecy, as it is about this area today and will be discussed, and of course we will consider a project that seeks to solve all the existing problems of the industry.

Problems

It is important to note that this industry is a multi-billion dollar industry, which is still not rebuilt in a modern way and lives by the standards of the 18th century, called this industry – Art. Yes, Yes dear reader, it's not. It is this industry that lives by the old principles of assessing the authenticity of works of art, as well as by the old principles of their further sale, taking place in most cases through auction events. All these processes cause a lot of inconvenience for all participants of this market, as they make it more closed and get into this sector of society is a very difficult task, because not everyone has the right to become a participant. But what about young talents, whose works deserve special attention today and they want to get an award for them now, not posthumously?!
In fact, this is not just created a variety of online platforms that have tried to modernize the entire global art market. But unfortunately, due to various problems and a lot of distrust on the part of buyers, the lack of adequate quality assurance and authenticity of a product, as well as due to the large fees, this direction has not received proper approval and further rapid development. Moving only at a slow pace up.
But despite this, even with the existing shortcomings, the annual turnover of sales of world art is more than 60 billion US dollars (for 2017). Most of the market falls on countries such as the US, China and the UK.
According to various experts, the demand for art does not decrease over time, but rather increases. In the next 10 years, this market will be able to reach an annual turnover of 620 billion us dollars. Impressive, isn't it?
Although the world of online art is still at a very low level, and is only $5.4 billion of the total for 2017, it still has room to grow. It is this goal pursued by a team of professionals, which has developed a unique project, the purpose of which is to extend the further growth of online art.

About the project

The platform, which is designed to carry out all the necessary functions to implement the above described, is called – ArtPro.
ArtPro, is a complete decentralized system that allows you to use all the main advantages of blockchain technology in the world of modern art. The main objective of this project is equal opportunities for success, each talented person, regardless of whether he is a beginner or a professional in his field. At the same time, ArtPro intends to provide the highest quality tools for interaction between all participants of the platform, so that each transaction is as transparent and secure as possible, and in the presence of smart contracts, the buyer has the opportunity to clearly verify that this work is genuine and corresponds to its declared value.

Project objective

You may think that this platform seeks to immediately solve a large number of problems on its own. However, it is not. ArtPro is more committed to raising the level of contemporary art, allowing it to move in the right direction in the digital age. To implement the plan, the development team decided to develop their own web portal and dApp ArtPro. Thanks to these two components, everyone will be able to get not only all the necessary educational literature, but also all the necessary video and audio materials necessary for further investment in a particular object of art.
By passing all this, the principle of interaction between the buyer and the seller will be so fast and safe that it can be implemented in just a few seconds, simply by exchanging the INTERNAL apt token for a favorite art form. Even ArtPro intends to cooperate with various galleries and art houses, as well as with the already popular contemporary artists, thereby satisfying the demand of its customers at the highest level.

Design feature

If you describe ArtPro in simple words, this system will appear as a market platform that intends to use the rating system evaluation of buyers and sellers. This platform will operate on the principle of an online gallery, where everyone will be able to view a particular object of art, and after clicking, to access its specific data, which will contain all the necessary information about the Creator of the work, its evaluation in the Fiat currency, its location, as well as all the necessary certificates of authenticity, entered in the database of the blockchain ArtPro.
Every artist or gallery has the right to choose where to keep their works of art. They can keep them with them or use the ArtPro repository, which is located in London. This principle will allow not only to safely store art objects, but also to quickly send them to those countries and cities from where the buyer's payment occurred.
To understand the whole cycle of the transaction I propose to consider this scheme:

Guarantees

Agree that an important point is to guarantee the quality and authenticity of art, which will be presented within the framework of this platform. About this part of the developers have also taken care of very thoroughly and established several stages of checks for both the seller and the buyer, and for the object of art.
1. In order for an individual to participate in the sale/purchase of works, he / she must pass a mandatory identity check through the KYC and AML system.
2. After successful personal verification, the user is able to upload data about his / her work, confirming certificates and various authentication data confirming the authenticity of this work or the copyright of the artist himself / herself. These data will be checked by a team of experts and after their confirmation, the received data will be assigned a constant cryptographic hash and an IPFS link, which will forever be assigned to the received information and stored in the blockchain database;
3. All works whose value is estimated at more than $ 50 000, will be subject to mandatory re-verification by accredited experts, in order to provide 100% guarantee of authenticity and compliance with all received data.

Dates and details of the ICO

As for the tokens, for a more comfortable and productive work of their APT token, the developers chose The popular Ethereum blockchain system (ERC-20). Because this system has a multi-level support in the face of various exchanges and e-wallets, which will allow APT to expand a number of features available within ArtPro.
A total of 500 million tokens will be issued. The initial cost of which at the pre-sale will be only $ 0.1, and at the time of public sale its cost will increase to $0.15 per 1 APT. To purchase the token you can use ETH. The maximum amount of investment that developers plan to collect for the development of their own project is $ 20 million.
The distribution of tokens is as follows:



Conclusion

I believe that this project has all the chances to implement the plan, as the platform is a well-thought-out system, which is based primarily on the principles of security, transparency, reliability, guarantees of participants and their works of art. I think that ArtPro will be interesting to all those who have been looking for a decent source of interaction between the buyer and the seller in the art world.
But to fully understand all the subtleties and peculiarities of the ArtPro platform, I suggest you get acquainted with the technical documentation of the project, as well as its official resources. Links to which you will find below.

Official resources of ArtPro project:


AUTHORSHIP:
GPScrypto

comment 0 komentar

more_vert
Emoticon Feedback