Since I’m extremely interested in new ART initiatives and personally greatly respect artists and what they create, I got introduced to an amazing and disruptive, early stage startup that is building THE DECENTRALIZED ART MARKETPLACE. It’s open for artists, art enthusiasts, investors and all entities that are interested in all kinds of art and it’s market positioning.
Monart organizes major and important artist and artwork promotions both on and off-line using many different mediums including the opening of Monart spaces in major cities around the world starting with Beijing, Paris and New York. Such spaces create a send of dun, discovery, enjoyment and of course investment. A huge community to enjoy art!
However, it’s all based not only on the random ideas. Monart has strong strategy and identified real problems on the are market. As a reply to the current problems and lack of transparency they are going to provide concrete solutions fulfilling needs of each counterparty to the best extent..
PROBLEMS
ARTISTS
Huge challenge to promote themselves and their artworks
High dependency on intermediaries
Difficulty to prove and track ownership of artwork
No track records or follow-up of the artwork
No resell rights
Little interaction between artist and art lovers
ART LOVERS & BUYERS
No right to discover or propose artists
Opaque artist and artworks rating system
Lack of trust
Lack of transparency, no historical information
Hard access to the fine art market. Requires important
investments
SOLUTIONS:
ARTISTS
Major viral online and offline promotion
Direct sales or with better intermediaries deals
Clear and secure proof of ownership
History of artwork sales securely available
Possible resell rights for the life of the artwork
Increased network with art lovers online and worldwide,
receive financial support from Art lovers
ART LOVERS & BUYERS
Discover or propose artists, option to sponsor artist
Open and secure crowdfunded artist and artwork rating
system
Trusting the platform using the secure blockchain technology
Transparent historical (log) information
Easy access to fine art market
with shared ownership, art collections,
emerging artists art collections
Additionally, what is unique for this particular project, Monart is developing a global art ecosystem, creating a new market and art currency standard. MONART’S innovate security tokes are underpinned by a major art collections & future events streams.
Half of the ICO-STO proceeds are invested in a major art collection that in turn will generate revenues shared with token holders. Those revenues are enhanced by additional shared revenue generated by the marketplaces user
transactions.
First ART based Security Token ICO-STO
The STO structure will allow token-holders to participate in the revenues of the project. The project was assessed by Enigma Securities and received green light and ‘BUY’ grade!
Monart’s priority is to have in place proven and secure technology.
ICO PLATFORM – MonArt ICO will run on a highly secure platform including important features as AML and KYC.
TOKEN INVESTMENT LIQUIDITY – MonArt will work with a growing number of exchanges and
with a market maker to ensure the liquidity of the MonArt
tokens (MART) between MonArt tokens and Ethereum,
Bitcoins, Fiats, etc.
COMMUNITY ART PLATFORM – The platform will provide a vast and secure environment including redundant servers, advanced database solutions, encrypted data.
WALLETS – For their tokens, MonArt ’s users will be provided with
simple to use and highly secured wallets, accessible both on
smart phones / tablettes and Mac/PCs.
MonArt has already established great fundaments for successful Art Community & Marketplace. They were recognised and received 1st price @ ICO Awards October 2018, Paris.
They have representatives in Beijing, Paris, San Francisco and Malta. The team of more than 20 market specialists works already on the next step which is finalising white paper, preparing private sale and ICO event.
I strongly believe that this initiative will disrupt art market globally and become stable and one of the most recognised, trustworthy and user friendly market place for all art related projects. There is huge demand on the market for this kind of services. It’s one of the first and most developed projects nowadays and I’ll look forward to its’ future implementation on the market.
If you would like to learn more about the project, private sale, ICO feel free to contact me via
investinginpassion@gmail.com
