Why ARTEX?
Link - ARTEX
The ARTEX Platform records the provenance of works of art in the blockchain, enabling investors and collectors to receive information about exhibitions and sales, and to see expert assessments, price indexes, and much more using a simple mobile application.
Whitepaper:
Detailed review:
Road map:
Stage 1
Q4 2017 – Q4 2018
Development of Artex for the photography market
• infrastructure development;
• verification and adding of new photographers;
• photographers can add photos to the artex database by adding
information about authorship in the blockchain;
• accreditation of primary photo printing labs and exhibition
photo galleries;
• processing and pre-assessment of a picture by an expert
community (payment to examiners);
• creation of a preliminary large database of authentic photos
from verified authors on the basis of 35photo and 35awards
(aprox. 1.6 million professional photos);
• the creation of a mechanism for finding similar photographs
using other photos in the database;
• development of a quick photo search app for mobile ios and
android;
• issue and acquisition of tokens that give permission to print
photos;
• creation of a photo exchange.
Stage 2
Q1 2019 – Q3 2019
Development of Artex for the photography market
• verification and adding of new photo labs;
• photo printing in a lab;
• safe Deal mechanism, arbitration.
Stage 3
Q4 2019 – Q4 2020
Development of Artex for the paintings market
• attract major art galleries to the artex system;
• digitization of famous paintings. creation of artists’ registry;
• creation and accreditation of a primary database of experts
(art historians);
• realization and release of a fully functional picture token;
• realization of a fully functional token sale.
We believe more into the idea behind the project, to make Art investments a better place and also to democratize Art.
Art is for us the knowledge of our society and what will stay after us, the only proof of intelligence through creativity. Art is everything and everywhere. We are going to support that initiative, hoping they will achieve what they planned to do!
Are you all healthy and in a happy state? Just greet and give a little review for an ico project that is based on a phenomenon bounty mania or bounty hunter on the largest and official website of bitcointalk. What is this project? Yes the project named "ARTEX" or ART is the ERC20 Standard Token on Ethereum blockchain, fully compatible with all Ethereum wallets that have ERC20 Token and smart-contract support using the ERC20 Standard. Can be used as coins, certificates, IOUs, in game credits, currency for services, etc. have no value by themselves but are working hard to change this aspect by developing various services for ART creating a token request and hopefully increasing that value. Because the project aims to advance the future of ARTEX, these coins or tokens are directly and targeted at free for all the people who are often called bounty hunters in bitcointalk forums who want to participate in introducing and supporting this project In the form of bounty. And some bounty programs that are provided also vary and very much. In the form of bounty twitter, facebook, video, logo contest, blog or article and signature campaign.
All ico projects may have a different base and concept, but after I saw this project, I became interested because most of its tokens will be distributed free of charge to all who want to join and contribute some great ideas to build and make this project a Big and famous. So do not ever hesitate to give your idea idea into this project, and who knows you can be successful with ART
Interview with Artex
BitcoinChaser: What kind of problem, market deficiency or opportunity inspired you to launch your project?
Artex: Art market problems:
- Huge number of illegal copies and fakes
- Lack of unified art ledger
- Lack of communication between different art communities
- Tough situation with digital photography copyright and illegal copying
- Verification by experts in one country may not be recognized by experts in another.
- Half of the art market is a «gray» and uncontrolled zone.
BC: How will your project address this problem, market deficiency or opportunity in a unique way?
Artex: Artex project aims to solve all these problems starting with the market of digital photography and then transferring this successful experience to other segments. We will make an artistic catalog with one click access to all the pertinent information – the copyright owner, property rights, the history of transactions, current location, and the controlling gallery. Information will be entered into a Ethereum blockchain, specially designed to maintain the integrity of the information, thus protecting photographers` copyrights and preventing illegal copying. All transactions will be secured by the Smart Contracts. Authentication would be achieved with the formation of a narrowly defined group of experts.
BC: How do you think that competition will develop following your ICO?
Artex: Artex will help experts (art historians, critics, gallery owners, professional photographers) to monetize their knowledge and abilities. They will earn through moderation, assessment, and attribution of images and pictures. By solving these problems, Artex will make the market immensely more attractive to art investors, and provide on demand services to the current investors who represent from 35–60% of total market transactions.
BC: For all those who have read your white paper and are still on the fence about contributing to your ICO, what can you tell them that could lead them to buy into your project?
Artex: Objects of art – are still the safest way to invest money and hedge risks. Photography has become increasingly popular in the modern art market and now represents 8% of market transactions with 48% growth during the years 2010–2015 which proves it to be one of best investments in the Art Market.
Artex project will make art market transparent and attractive for new investors who are not art professionals and will lower the threshold of occurrence.
Why do investors choose the ART market?
One of the most reliable and stable investment instruments.
It is frequently used for diversification of risks related to other assets.
High probability of investing into a fast-growing asset (picture and artist).
It is sometimes compared with investing into start-ups, only the probability of loss is almost zero.
The market of the elite — it demonstrates the owner’s cultured mind and status.
Things have historical and cultural value and the owner helps the development of society
Why don’t young investors know about it?
For a long time, the ART market has been the exclusive province of the elite.
Ownership of a piece of art is a new social level in society.
A limited circle of specialists have knowledge of the market
Fine art experts, gallery owners, art dealers, art critics, and other members of the closed community.
Total absence of transparency and liability to the investor
Everything is arranged so, that only few can see into the matter and establish the authenticity of pieces of art (presence of a recommended expert is almost mandatory).
How will this project change the situation?
With database of photographers (more than 600 000 people) and a support of specialized galleries, we are going to create a public register of pictures on the blockchain.
Leading galleries endorse us because photography as an art has been subjected to hostile rhetoric on the part of the conventional art community for many years. Firstly, they point out to the problem of absence of uniqueness (a guarantee of subsequent replicability of a piece of work), which we resolve with the help of our platform.
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