Press release
PRICE RELEASE ARTIC is comprised of IT professionals, artists, consultants and designers with an average experience of over 20 years. Blockchain technology will be used by the ARTIC team to address current problems such as copyright infringement and counterfeit difficulties. These are longstanding obstacles to expanding the global art market.
ARTIC has three main objectives to overcome these difficulties. First, ARTIC should allow consumers to request and create art work without intermediaries. The second is that artists should have the ability to display their work online and also sell their ownership, as long as it’s not restricted by time or geography. Art consultants should be allowed to provide expert opinion on artwork to customers and write about it. They also need to get compensated.
What are ARTIC’s main components?
ARTIC is made up of three primary aspects, namely an ‘NFT Marketplace’, a ‘VR Gallery’, and lastly an ‘AI Center’. The platform has a user-friendly interface, which aims to provide the best user experience. ARTIC’s initiatives promote the engagement of essential players of the art ecosystem, such as customers, writers, and art consultants, showcasing the art industry’s virtuous cycle.
NFT is an extension of the art trade ecosystem. The NFT marketplace is an area where artworks are purchased by customers. It is an art gallery. The VR Gallery is an online gallery where artists can display their works and make sales without restrictions on time and location. The AI Center also provides diverse art content. It is a venue where art advisors link customers and authors, as well as specialized AI matching services including artificial intelligence’s selection of works based on personal preferences and services which enable users to hang desired pieces anywhere they want.
ARTIC token
ARTIC (a utility token based in Ethereum) can be used inside the ARTIC platform. ARTIC tokens are available for purchase on various compatible cryptocurrency exchanges. They can also be used as rewards units when participating in ARTIC platform activities. ARTIC tokens are also available to purchase or request artworks through the NFT Marketplace. ARTIC tokens can also be used to access the VR Gallery or AI Center features.
ARTIC tokens may be used to pay platform fees and access additional functionalities which are available only to ARTIC token holders. ARTIC tokens are maintained and increased by users using it and participating in other economic activities within the platform. Lastly, ARTIC’s token economy also contains payment and staking functionalities, along with the platform’s very own DAO (Decentralized Autonomous Organization).
But what about partnerships?
ARTIC has many partnerships. Gallery 360 is an innovative art platform which allows you to browse a variety of artworks online. It will be a key partner in the development of ARTIC. Gallery 360 has sold over 145.6 billion artworks in South Korea by May 2021. It is expanding its market through VR exhibition rentals, AI-powered paint apps, drawing preview and online services, as well as VR and ARTIC rental solutions.
Furthermore, six South Korean patents, two technical data patents, and four foreign PCTs are now being applied to the platform, and they have created the foundation for entry into the worldwide market through agreements with New York Chelsea K&P Gallery, global enterprises Archidraw, Inc., China VR CORE, and Amazon.
ARTIC
ARTIC is a blockchain-based art gallery platform that uses its own NFT ecosystem to ‘assetize’ various works of art. By offering both tangible and intangible services, blockchain technology can help people reconsider their views of art. They are able to display artworks domestically as well as internationally. Additionally, it will allow them to initiate exchanges with other artists. The design and development associated software facilitates the active trading and convenience of high quality artworks. It also helps to expand the art culture community.
For more information and regular updates, be sure to check out ARTIC’s website and the official TwitterTelegram, Medium and Facebook channels.
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