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The Rare Antiquities Token (RAT) is a cryptocurrency that aims to bridge the gap between real-world and digital art. It focuses on appreciating antiquities from the real world, such as fine art by artists like Banksy or Picasso, Egyptian artifacts, and clasclassics, and turning them into digital art. The Rare Antiquities Token then fractionizes this art, allowing all holders of the token to own a fraction of the original artwork as an individual non-fungible token (NFT).
The Rare Antiquities Token (RAT) is the utility token used on the RAT NFT Marketplace. By purchasing The Rare Antiquities Token, individuals can own a piece of the finest antiquities and receive an NFT fraction proportionate to their holding of the token. A 3% tax on all token purchases further facilitates the purchase of antiquities, creating a stable price floor for the Rare Antiquities Token. This platform is utilized by collectors, creators, and artists to fractionalize their finest antiquities, allowing the joy of each masterpiece to be enjoyed by many.
The Rare Antiquities Token has made significant progress in its roadmap. In 2021, the platform launched its website, underwent an audit and KYC verification, published a litepaper, and successfully sold out its ILO on UniCrypt in under 9 hours. The team also attended the London Crypto Expo, which was launched on UniSwap, and secured listings on CoinGecko and CoinMarketCap. In 2022, The Rare Antiquities Token plans to launch its NFT marketplace, develop an automated fractionalization platform, and execute a variety of further initiatives, including the fractionalization of a Picasso NFT and the development of the NFC RATToPay Crypto Wallet.
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