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Artex (ARTEX) is the world’s first blockchain-based art investment platform. It allows users to trade and manage their fine art investments anytime easily. The platform tokenizes first-class fine art pieces, insured based on the transparent pricing of art experts from various countries, and stores them on the blockchain. Artex believes in a world where not only a lucky and privileged few but everyone can invest in first-class artworks.
The Artex Art Market aims to provide liquidity to the stagnant art market, promote a democratic distribution of finance in the art market, support art and artist rights with transparency, and establish a crypto exchange based on a physical and valuable commodity. With Artex’s smart contracts, users can buy and sell works listed in the market during the pre-sale process. The platform also exhibits listed works at various global organizations each year. It offers them at major auctions, ensuring the protection of investors’ rights in the short, medium, and long term.
The Artex ecosystem is based on blockchain technology, addressing current and future issues in the art market. It follows a multi-step process, starting with artwork listing requests from artists, art galleries, and collectors. An independent commission of fine art academicians and leading curators evaluate these requests. Artworks that pass the evaluation are then tokenized on the Binance Smart Chain and listed on the platform for pre-sale. Users can trade the tokens using local currencies and cryptocurrencies, managing their investments easily and flexibly. The platform’s native token, Artex Token, powers the ecosystem, offering privileged functions and enabling shopping transactions.
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