Revolutionising the Art World: How our Technology is Bridging the Gap for Artists, art Investors, and Collectors.
The art world is moving toward more transparent and efficient processes for buying, selling, and authenticating works.
We address this by linking physical items—such as paintings and sculptures—to tamperproof records on the blockchain.
Our platform, CONNECTEDFUTURE, enables artists, investors, and collectors to engage securely with these new ownership and revenue models.
For artists, securing funding remains a significant challenge. Traditional options like gallery representation or bank loans not only require extensive time but can also limit creative flexibility. On top of that, conventional models often fail to provide meaningful royalties from future sales or exhibitions, leaving artists with minimal long-term benefits.
For investors, investing in the art market can feel out of reach for many. High entry costs make it difficult for a wider audience to participate, especially when iconic works are involved. Additionally, the art world’s reliance on opaque provenance processes creates risks when verifying the authenticity and history of a piece.
Collectors face their own set of obstacles. Questions around provenance, particularly when relying on paper certificates, can lead to concerns about forgery or misplaced documentation. The resale process is another pain point, often requiring multiple intermediaries, which increases both costs and risks.
CONNECTEDFUTURE deliver a secure, transparent way for artists, art investors, and collectors to take part in the art market. How? Read below.
#1 Physical authentication tag
Each piece of artwork is equipped with a secure tag—using advanced technology like NFC or RFID—that seamlessly connects to a corresponding digital record. This provides a tangible layer of authentication while ensuring the artwork’s details are easily traceable and secure.
#2 NFT on blockchain
All key data about the artwork—such as its creator, title, and provenance—is stored as an NFT on the blockchain. This ensures an unalterable, transparent record of ownership and history, giving both artists and buyers peace of mind.
#3 Fractional ownership
Through our rewards token system, artists can offer fractional ownership of their artwork to multiple investors. This innovative approach lowers the barrier to entry, opening the art market to a broader range of participants while maintaining the integrity of the original work.
#4 EURO Rewards
When the artwork is exhibited or sold, smart contracts handle the distribution of proceeds automatically. Both investors and the artist receive their share in digital EURO, ensuring a seamless and efficient payout process.
The same approach used for fine art can be applied to luxury collectibles, vintage wines, fashion, or any other high-value physical object. By combining reliable tagging and blockchain technology, we can make transactions more transparent and streamline the process of verifying authenticity and sharing revenue.
Get in touch and step into the future with us.
