INTRODUCTION :

The world has changed immeasurably over the past 300 years, save for the artworld which has stagnated. Stuffy and stuck in the past, it’s a multibillion dollar industry operating to eighteenth century standards. The way in which art is valued, authenticated, appraised, auctioned, acquired and appreciated is virtually the same today as it was three centuries ago. It’s an industry which is cloistered, elitist and riven with inefficiencies that disadvantage buyers and sellers alike.

About :

With the art market’s most recent valuation exceeding $80bn, it is hard to believe that the practice of recording ownership has seldom changed in a sector that can be traced back as far as the Stone Age. Prone to counterfeits, forgery of authentication and thefts, this historic market will benefit greatly from the transparency and open source trust inherent in blockchain usage. ArtPro will become the go-to marketplace for private dealers and contemporary artists, connecting artists and buyers while dispensing with excessive fees and intermediaries.

The Problem :

The Solution :

ArtPro will operate as a platform that connects participants and stakeholders within the ArtPro ecosystem. The most visible manifestation of this will be the ArtPro website and dApp, which form an information-rich portal for accessing a complete suite of resources for art aficionados.

Developers are free to create dApps built upon the ArtPro protocol, and a reward fund will incentivize the development of meritorious projects. Features such as provenance reports and the ArtPro marketplace can be integrated into third party platforms via API, bringing artists and their work to a wider audience.

The Platform :

The ArtPro Marketplace will use a rating system in tandem with blockchain-held reports to deliver a high level of transparency. It will create a benchmark for sellers to aim for and buyers to seek that will be transformative to online sales.

Token :

1- Ultility :

The ArtPro token (APT) is an ERC20 token that will operate on the Ethereum network, chosen due to its strong ecosystem of developers and supported products including compatible wallets and exchanges. The APT token will perform a range of functions within the ArtPro platform and various dApps that are built upon its open source protocol.

A multi-functional utility token, APT will be used as payment for services including the purchase of artwork, the acquisition of provenance reports, and as a rewards mechanism to incentivize developers, art galleries and artists to join the ArtPro ecosystem. As the platform evolves, the number of use cases for APT will grow.

2- Allocation :

Token name : APT

Token type + designation : ERC20, utility

Number of tokens minted : 500,000,000

Unsold tokens : Burned

Public sale price : $0.15

Pre-sale price : $0.1

Accepted currencies : ETH

Soft/Hard cap : $5m/$20m

Advisor lockup : Three-month cliff, six-month vesting

RoadMap :

This token sale event allows participants to contribute to ArtPro and receive APT tokens. APT tokens will be required to utilise the ArtPro Platform. APT tokens are not an equity representation of the company .

Team :

Conclusion :

The art industry is in desperate need of a solution to the problems and inefficiencies that have blighted it for centuries. The present model operates to the detriment of all parties save for the middlemen — auction houses and large galleries — that cream off most of the profits, disadvantaging artists and obliging buyers to pay over the odds.

Existing ArtPro partners will be joined by new artists and galleries of note, who will be onboarded and incentivized to list their works on the platform. A similar process will encourage third party developers to create dApps and other services that utilize ArtPro’s provenance reports and other features.

Links :

🔗 Website : https://art-pro.io/

🔗 Twitter : https://twitter.com/ArtProPlatform

🔗 Telegram : https://t.me/artproplatform

🔗 Reddit : https://www.reddit.com/user/ArtProPlatform

🔗 Bitcointalk : https://bitcointalk.org/index.php?topic=4838975.0

🔗 Medium : https://medium.com/@ArtProPlatform