ARTCHAIN.AI…Leveraging On Blockchain Technology To Revolutionize The Art World Using AI

Dear Readers… I have a good news for you, just take few minutes out of your time to read this article. I believe that after reading this article, you will key into this project with massive investment, because its a project the art enthusiast as well as blockchain universe have been waiting for because of its features, concept and ideas, as its going to revolutionize the art world by creating a new paradigm of AI for art work using blockchain based technology platform.

Artchain AI is a blockchain-enabled art registry that allows artists to keep an equity stake in their own works and enables them to share in the profit if prices increase. This innovative open platform uses blockchain technology to completely rewire the global art finance market and democratize access to fine art by asset tokenization through the use of blockchain technology

OBJECTIVE

We are a global industry leader with a mission to help art companies get better market access. Owing to this mandate, We have streamlined our business operations by acquiring Blockchain Artificial Intelligence and combining our consumer businesses to create a new platform, enabling us to create innovative art industry solutions.

Artchain AI is a real-time Blockchain Verification System for the art industry that brings security and speed to art transactions from identifying and handling, to purchasing and selling.

In the global art world, safety and accountability are paramount. Artchain AI has revolutionized the ownership tracking process, protecting stakeholders from manipulation and providing artwork accountability.

FEATURES OF ARTCHAIN

RECORD THE ARTWORK

Blockchain secures an artwork’s provenance, ownership (chain of title), and all other key characteristics, ensuring the piece can’t be tampered with. Changes in ownership are recorded, and identity and capital is documented.

CROWD FUNDING FOR THE ARTS

Along with building dividends from investing in shares of art, transactions can create tokens to meet humanitarian goals such as repatriating art and antiquities by purchasing them from private collectors for donation to public museums in their countries of origin.

A CURATED, TRANSPARENT MARKET

Blockchain offers a transparent environment in which it is nearly impossible to duplicate merchandise. There’s no need to rely on trust, because Artchain AI makes the market data freely available for the first time.

BLOCKCHAIN AUTHENTICATION

It’s no secret that forgery is rife in the art world. While traditional forms of licensing create tradable commodities, blockchain is the ideal place to irrefutably establish an artwork’s origin and identity.

REDUCED COSTS & INCREASED LIQUIDITY

Blockchain technology enables real-time digital settlement of transactions and creates tamper-proof verifiable provenance for works of art, bringing transparency to a traditionally opaque industry.

VALIDATION SYSTEM

Each piece of art verified by Artchain AI goes through a validation process that includes provenance analysis, document validation, and physical inspection by external, trusted independent third parties.

TOKEN INFORMATION

N A M E O F M E T R I C: V A L U E

T O K E N N A M E: A R T C O I N

T O K E N S Y M B O L: A R S

T O K E N S T A N D A R D: E R C 2 0

J U R I S D I C T I O N: ZURICH

L E G A L Q U A L I F I C A T I O N: U T I L I T Y T O K E N

S O F T C A P: $5 , 000 , 000 U S D

H A R D C A P: $1 00, 000, 000 U S D

N U M B E R O F T O K E N S: 30,000, 000, 000

P R I C E P E R T O K E N: $0.01 U S D PER SALE

B U R N U N S O L D T O K E N S: YES

A C C E P T E D C U R R E N C Y: ETH , USD AND BTC

M I N I M U M C O N T R I B U T I O N:

$ 1 0, 000 P R I V A T E

$ 25 0 P U B L I C

The details of the ICO

The coins of the current project have their own responsible mission, which will ensure not only the verification of a particular fine art, but also to ensure the safety of all transactions within ARTCOIN. In simple terms, the value of the tokens will be supported by the pricelessness of the works of art themselves.

The coin itself is developed on the basis of the Ethereum blockchain (ERC20) and has the name – ARS. This token is a utility token, which symbolizes that part of the coins will be disposed of from time to time or burn at the request of the developers. All this will happen only in order to increase the benefit and value of the coin itself.

The number of coins will be limited to 30 billion pieces. The initial cost of which will be equal to $0.01 for 1 ARS. In total, the founders of the development of their project intend to collect Hard Cap in the amount of 100 million us dollars. Which I think is very ambitious. But according to the team of founders, this is nothing compared to the global turnover of the art market, which for a moment is 64 billion US dollars and it is only for 2017.

The distribution of funds is as follows: