Introduction
Art, is a creative diverse visuals of human activities. It is a conceptual imaginative visual of an artist. Artists express their feelings, emotions and messages through their arts. From hundreds of years Art plays an important role in human evolution. Even though many things have been changed in the world but still the art world is following the old principles in it's operations. Still there is no technological innovation happened in the Art world.
Hopefully the project ArtPro will revolutionize the Art world with its unique approaches. Let's discuss this great project in this article.
Let's first discuss about the problems
From the last 300 years mankind had seen lot of developments; technology has revolutionized every sector of our life. But still the Art world is in the 18th century. There is no development in every part of its operation. It is still following the 300 year old principles. Even today the authentication, auctioning and buying/selling of Artworks is same as old business model. This creates a lot of inconvenience for participants. The authenticity of Art work is checked with old standards; There are lot of chances that buyers may receive forged pieces. Still the Art market is not open to all talented participants. Young artists struggles a lot to get into the market.
The present Art market is insufficient to provide authenticity and quality assurance to buyers. The today's Art market benefits auctioneers more than the creators and investors. The presence of intermediaries increases the fee on products. Lack of technological implementation hinders the growth of the market.
It is admirable fact that the Art market worths billions of dollars. Even though the market has many shortcomings it has more than 63.7 billion USD annual turnover globally in 2017. The US, China and UK countries hold the larger part of the market.
According to market experts, the Art industry is predicted to reach $2.7 trillion market in next 10 years with $620 billion annual transactions. The online Art market is increasing exponentially. With every year 10 percent rise, the online market reached $5.4 billion in 2017.
Now thanks to ArtPro project which is committed to solve the problems of Art industry.
About ArtPro
ArtPro is a decentralized blockchain technology powered Art Platform; It will modernize the Art world. The decentralization eliminates any centralized control over the market. Implementation of blockchain brings transparency and trust into the market. ArtPro platform connects participants and stakeholders on the same place. The blockchain validates the authenticity of the Art products. Thus buyers can ensure that the Artworks that they are purchasing is fully genuine and authenticated. With the ArtPro platform every talented artists from beginner to professionals can take part in the market. All the transactions will be done through smart contracts this potentially eliminates intermediaries and reduces the unnecessary fee.
Project objective
The main aim of the project is to solve the afflicting problems in the development of Art industry. ArtPro intends to solve the every problems of the art world. It will harness the contemporary Art by helping it to move towards digital age and make available to global audience. The ArtPro creates web and dApp portals to provide an easy access to fine artworks for Art fans. It will educate the market investors and participants through multimedia, article and with video materials.
Buyers/sellers on the same platform can make smooth and fast transactions with APT tokens. ArtPro is intends to work with existing art houses and contemporary artists to provide them a touch of technology.
Principle of operation
The ArtPro marketplace is like an online gallery, where market participants can browse the fine artwork of the creators in just few clicks. Every Art is showed with every details. The certificate of authenticity for the artists work is available on the blockchain. The Art evaluation is done in local currency.
Here every Artist can retain their artworks custody by their own or they can keep their artwork in ArtPro secure vault. The vault is presently located in London and more cities will be added soon. The vault ensures highest level safety for the artwork and delivers it to other locations, where the buyer is.
The ArtPro working cycle:
To improve the quality of authenticity of artworks, ArtPro has several stages of verification processes:
• Individual buyer/seller who wish to sell/buy the artworks need to pass the identity verification through KYC and AML systems.
• After successful verification of KYC, artists need to upload their work and the related authenticity certificates on the ArtPro platform. These details will be thoroughly verified by expert authenticators, after their confirmation the artwork is assigned with unique cryptographic hash and stored on the IPFS system
• If the artwork estimates more than $50,000, then it is subjected to re-authentication by accredited experts. This ensures 💯% authenticity of the Art pieces on the ArtPro Platform.
ArtPro is bringing augmented reality (AR) technology which makes it a real world utility.
ICO details
• Token ticker: APT
• Platform: ERC20
• Total tokens: 500 million
• Pre-sale token price: $0.1
• Public sale price: $0.15
Token distribution
Roadmap
Conclusion
ArtPro project will definitely revolutionize the Art industry. With blockchain technology ArtPro will bring transparency and trust on the system. Every artworks will be authenticated and every market participants are KYC verified. Thus there is no fraud will happen on the platform. ArtPro platform will provide the fine Artworks of artists a global attention. It is a very realistic and must needed project. And this kind of projects needs much attention.
Learn more about ArtPro:
Website: https://www.art-pro.io
Read Whitepaper: https://art-pro.io/files/artPro_white_paper.pdf
ANN thread: https://bitcointalk.org/index.php?topic=4838975
Telegram: https://t.me/artproplatform
Facebook: https://www.facebook.com/ArtProPlatform/
Twitter: https://twitter.com/ArtProPlatform
Medium: https://medium.com/@ArtProPlatform/welcome-to-artpro-1817cc2e0f6a
LinkedIn: https://www.linkedin.com/company/artpro-platform-ltd/
Reddit: https://www.reddit.com/user/ArtProPlatform
Slack: https://artpro.slack.com
YouTube: https://www.youtube.com/channel/UCkf4SVVdozztJ12vo2xNgUA
GitHub: https://github.com/ArtProPlatform
About Author:
Bitcointalk username: Abhijeetcg
Bounty0x username: Abhijeetcg
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1676105;sa=summary
ETH address: 0x96e95a1F40cf5a50178053740ADE18046815362d
"A sponsored article written for a bounty reward."
