ArtCoin - Creating a New Future for Art

Hello everyone here, as I always do I welcome you guys once again to my little world that I always used to share my views about blockchain projects and startups. In this post, the project that I will be sharing with you guys is ARTCOIN and I will try all my possible best to summarily share what you guys ought to know about this project. There's no time to waste, let's ride on.

Since Cryptocurrency came to the existence in 2009 until today, it has been very volatile in nature. A lot of people have started to know and understand about the need to invest in cryptocurrency because it is decentralized, anonymous and can be used electronically.
A cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.
Cryptocurrencies use decentralized control as opposed to centralized digital currency and central banking systems.The world of crypto lovers are very happy and assume that it’s the right way to investment in the future .. some call it The future Money.
The decentralized control of each cryptocurrency works through distributed ledger technology, typically a blockchain, that serves as a public financial transaction database.
What is ArtCoin about?
ARTCHAIN is a revolution in tracking, protecting and recording artwork accountability. Guiding users through transactions using cryptocurrencies, ArtCoin enables investors to benefit from the increased security and transparency of the Smart Contracts platforms.

By pulling together information that everyday investors normally can’t access, ArtCoin democratizes the art market and acts as a direct liaison between investors and the art industry.

The Technology Involved

Robust Software Authenticates Images:
Each artwork has a unique digital fingerprint, and by scanning and matching the finest textural details and storing it on the blockchain, the software effectively renders the artwork unforgettable thanks to its unprecedented ability to pinpoint fakes, no matter how sophisticated.

Changing The Art Industry With The Solutions:
ArtCoin has implications that will reach all corners of the art industry. From individual collectors to large institutions, our authentication protocol is the perfect fit. Condition reports are simple and faster than ever before, and works can be tracked and traced with ease, functionalities that insurers and logistics companies can depend on. And individual artists are finally able to benefit financially from resales of their art.

A Platform That Supports Cataloguing and Transactions Via Blockchain:
With the ArtChain technology, the art industry is more transparent than ever. The platform, based on blockchain, is built on tamper-proof profiles of artworks cataloging their provenance, history, and digital fingerprints. Top-level security standards are guaranteed, thanks to smart contracts and decentralization.

Business Model:
Presently, a lot of billions of dollars are been invested at risk because art is unable to be verified for originality whenever someone sells or buys art. An additional verification will also be done which costs a lot of money and time.
These fees shall be paid for transacting, securing, and verifying fine art on the Artchain platform. The token will also be supported by timeless pieces of art which can only be transacted in Artcoin. Thus, a Collateralized Coin Offering is also part of the package, as our coins will be supported by invaluable art pieces. Business model The following are the areas in which there is no effective digital solution:

Image Authentication
Image authentication cannot be done automatically but manually because, it is prone to human error, costly and time-consuming.
Documentation
The central to image authentication and valuation are the records of history and provenance, but these are often easily forgeable, incomplete and not stored securely. Business model
Condition Reporting
Due to the fact that the condition that are always reported are expensive and cumbersome be it human effort or large scanners. This make owners to often forego these, even though this is central for image valuation and insurance purposes (e.g. in the context of transactions/transportation).
Those responsible for damages to an image is nearly impossible to identify (e.g. in the context of gallery loans: whether damage happened during transportation or exhibition).
Restoration
There is no standard recording (and secure storing) of restoration activities along with an artwork’s other vital stats, i.e. history, provenance, and condition reports.
Logistics & Transportation
Transports are usually under insured because of the fact that there is currently no track & trace solution.
Intellectual Property Rights
Artists are not able to gain royalties from the re-sales of their works due to the in transparency around image transactions.
Collection Management
The absence of an effective digital solution means that there is an abundant managing of large collections – from individual documentation/condition reporting to coordination of restoration works – which takes a great deal of effort and time.

User Roles & Associated Services

Creator/rights holder
The creator/rights holder is stored as a distinct user of the ARTCHAIN system with a unique ID (User ID) type.
The creator/rights holder is able to register the item, record its fingerprint, and to submit this to the ARTCHAIN system along with all relevant images to generate the artwork’s “biometric passport,” i.e. the artwork’s proof of life.
Owner
An owner is stored as a distinct user of the ARTCHAIN system with a unique ID (User ID) type.
An artwork is associated with an owner (User ID) once it is bought from a creator or another owner (pri- vate or institutional) and the transaction is confirmed through the ARTCHAIN app.
Owners are able to generate an artwork’s initial fingerprint/biometric passport.
Services with Artchain
ArtDNA Fingerprint Services
Authentication of an artwork using state-of-the-art augmented authentication technology that scans, recognizes and validates a “fingerprint” and stores this in the image’s proof-of-life, its “biometric passport”.
Certification issuance
Using the augmented authentication technology, users are able to validate and document each transaction around an image.
Data Storage and cataloging
In order for users to get quick and user-friendly access to data sets as well as associated services, data is stored on the cloud. The artwork’s fingerprint and transaction history are securely stored on the blockchain. Each transaction related to an artwork is stored on the blockchain (in compressed form).
ARTCHAIN Platform as a service
Which helps users maintain their ownership, lending , restoration , transportation and insurance coverage related to an artwork. Users registered as creators (i.e. artists) will be able to gain royalties from re-sales of their artworks.

FUTURE OF ART
Artcoin Fund is AN capitalist driven collective. If you wish to hitch U.S.A. and our intent, browse the WhitePaper of ArtCoin Fund so buy the pre-ICO launch. Second, can|there’ll} be a chat by Fabrizio Marcolini from ArtCoin World Health Organization will talk about the ArtCoin Fund, whose aim is to democratize investment within the art world.
ArtCoin helps investors to store worth in collectible assets. ArtCoin Fund details are updated as presently as we tend to get all the knowledge from the project. fifty one of this currency is obtainable pre-and throughout the ICO; nineteen is employed by the fund to shop for works of art and so to introduce ArtCoin as a replacement currencybenchmark for exchange within the art world.
ArtCoin could be a monetary tool backed by AN art ArtCoin Fund is AN capitalist driven collective whose operate is to guide the capitalist through the notoriously opaque art world and its nontransparent dynamics. ArtCoin Fund can issue 750.000 ArtCoins, the primary coin backed by a true fine-art assortment. ArtCoin Fund is AN investment fund dedicated to trendy masterpiece.
The token will be supported by timeless items of art which might solely be transacted in Artcoin. The art world is historically something but clear, and that is wherever ArtCoin, AN investor-driven collective, creates real amendment for investors. Any web site or platform that trades art still as each creative person or gallery can all be ready to apply ArtCoins to handle transactions – even on smartphones.
The fund’s assets backing the ArtCoins are diversified during a basket of crypto-currencies (ETH, BTC, LTC) and by the artworks that may be severally vetted and appraised. ArtCoins may be divisible up to 0.0000000000000000001 (18 decimal places) and can be issued through a wise Contract Token Sale that may be control in AN Ethereum case ERC20 compatible. ArtCoins square measure issued with a cap of 750,000 tokens.
ArtCoins square measure the currency created by our fund. ArtCoin Fund acts as AN extension of the capitalist, assumptive all responsibilities in removing intermediaries for max plus appreciation whereas conducting arbitrage and ultimately storing worth in collectible assets. ArtCoin’s approach is nonmoving in permitting low threshold access to numerous capitalist teams, initiating widespread international participation in protected obscurity.
ArtCoin Fund combines the emotional advantage of collection with the appreciation of a store important , the key motivation in any art investment. The ArtCoin Fund is AN capitalist driven collective whose operate is to guide the capitalist through the notoriously opaque art world and its nontransparent dynamics. ArtCoin Fund is AN capitalist driven collective whose role is to guide the novice capitalist into the notoriously opaque art world, making an attempt to beat the opaque dynamics that characterize it.

TOKEN INFORMATION
Token Name: ARTCOIN
Token Symbol: ARS
Token Standard: ERC20
Jurisdiction: Zurich
Legal Qualification: Utility Token
Softcap: 5,000,000 USD
Hardcap: 100,000,000 USD
Number of Tokens: 30,000,000,000
Price Per Token: $ 0.01
Burn Unsold Token: Yes
Accepted Currency: ETH, USD, & BTC
Minimum Contribution: $10,000 Private, $250 Public

ICO Details

Stage 1
Tokens go on sale at $0.01, by invitation only
Sale lasts until March-15-2019
Only initial investors who are in closecontact with ArtChain can purchase Stage 1 tokens.These investors have a deep involvementin the project and their valued feedback has helped to shape our work. The invitation to the initial offering of tokens at the lowest possible price is a reward in gratitude for their contributions.

Stage 2
Tokens go on sale for $0.03Starts in April-2019This is the lowest possible price for investors who were not part of the invitation-only Stage 1 offer. They’ll receive the highest return for their investment, and it’s the ideal time to make large-quantity purchases.

Stage 3
PRE-ICO EARLY BIRD Begins in May-2019
Tokens go on sale for $0.05
A great middle ground for those investors who preferred to ensure the ICO was a success, but don’t want to wait for the public sale as they wish to capitalize on higher bonuses.

Stage 4
ICO – Tokens go on sale for $0.10
Starts in Sept-2019
The general public gets access to tokens during this most published sale. Support is growing, development is racing ahead, and we’re ready for a large investor influx. The ArtChain app is rolled out, with the first works of art being recorded on the blockchain.
Tokens will be listed on cryptocurrency exchanges following the ICO.

Stage 5
Post-ICO 30 days EXCHANGE LISTING

ROADMAP

Meet The Amazing Team

CONCLUSION
A wide range of speculation will be made workable for the Investors. It may be dynamic or detached relying upon them and this will be improved by the Artcoin token. Numerous potential financial specialists in reality will because of that think that its engaging come and be a piece of the record framework.
YOU DON'T WANT TO MISS THIS AMAZING PROJECT. KEY INTO IT AND NEVER REGRET.

For Detail Information, visit :

Website: https://www.artcoin.ai/

White Paper: https://www.artcoin.ai/mt-content/uploads/2018/11/whitepaper_oct.pdf

Twitter: https://twitter.com / Artcoinreal

Facebook: https://www.facebook.com/artchain.ai20

Telegram: https://t.me/artcoinai

Bounty Thread A: https://bitcointalk.org/index.php?topic=5095606.0Medium: https://medium.com/@artchainai

Reddit: https://www.reddit.com/r/artcoinai/

YouTube: https://www.youtube.com/channel/UCwVqhxQgTiBiVxKr1USyYIg

LinkedIn: https: //www.linkedin.com/company/artchain-ai/

Instagram:https://www.instagram.com/artcoin.ai/
Author,
teejay4

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