The 4ARTechnologies utilizes blockchain innovations with “augmented authentication” technology to provide top security for all artwork players. 4ARTechnologies allows for the authentication of the physical image itself. The “augmented authentication” technology to be featured in our mobile applications makes verification quick and easy.
4ART is building the new art world on the blockchain, with smart contracts and DNA fingerprints to improve transactions. The 4ART App uses groundbreaking vector technology and layer photography to record the molecular structure of an artwork with any smartphone. DNA birth certificate is created for every piece and is immutably recorded on the blockchain. 4ART App, vital artwork data will be permanently recorded, including: when a piece was created, who created it, who sold it, who bought it and where the artwork is presently.
HOW DOES IT WORK?
HOW DOES IT WORK?
The platform ensures that as transactions occur, a secure digital passport will be created through smart contracts stored on the blockchain. For every transaction, there will be a transparent, traceable, inexpensive, and secure record. A work of art's data is recorded on the blockchain and clients can check and validate craftsmanship essentially filter it utilizing the portable application. This will wipe out extortion in the workmanship business, as data put away on the blockchain is changeless. The platform utilizes smart contracts and blockchain technology to create a fine art's exchange are ensured of their protection amid the exchange. 4ARTs portable application permit rebuilding of reports in a flash after the consummation of the craftsmanship exchange.
The project offers benefits that empower clients who could be the workmanship proprietors or historical centers or displays with substantial portfolios to keep up possession accreditation of their craft, loaning, rebuilding, transportation, and protection inclusion identified with a craftsmanship. 4ART's keen contracts will guarantee that craftsmen gain eminences on their work by advising them when any of their fine arts gets sold consequently empowering the craftsman to procure without unveiling the purchaser data.
PROPERTIES
1.) Eliminates the problem of art fraud
Once an artwork’s “fingerprint” has been captured, all it takes to check that artwork’s authenticity is another quick scan using the mobile app. Since this fingerprint – along with all other vital information on history and provenance – is stored on the blockchain, it is tamper-proof.
2.) Creates transparency at no expense to privacy
The industry has long resisted the creation of a centralized database due to privacy concerns for investors and artwork owners, and the lack of a practical technical solution. Thanks to blockchain and smart contracts, buyers’ and sellers’ privacy is guaranteed at every step of the way. And with added transparency around history/provenance, the market will become more secure and transparent for all established players, and more accessible to new investors.
3.) Brings novel efficiency to condition and restoration reporting
Condition reports are part of virtually every transaction in the art market, from insurance to logistics to sales – at least in theory. Practically, there has not been any good solution to do these efficiently. With the 4ART mobile app, both condition and restoration reports are bound to become a matter of minutes for a fraction of the established cost.
4.) Makes managing portfolios easier than ever
The 4ART platform as a service helps users maintain all ownership certification, lending, restoration, transportation and insurance coverage related to an artwork – for owners of individual pieces as well as galleries and museums with large portfolios. The information related to the object and the user can be separated on demand, allowing for the greatest transparency while keeping individual anonymity.
5.) Empowers artists to earn from resales of their works
Like any other holder of intellectual property (e.g. writers or musicians) artists, too, are entitled to gain royalties from their works. Due to the intransparency around resales, this rarely happens. With the 4ART platform’s smart contracts, artists can now be notified whenever one of their works is being sold – and earn without compromising buyer privacy.
6.) Market Potential
While art has long been a prized asset for investors looking to diversify their portfolios, the most recent numbers on the art market published by Art Basel and UBS in their report on “The Art Market 2018” reveal the true potential of a vibrant and growing market.
OUTLINED BENEFITS
TOKEN SPECIFICATIONS
The platform’s utility token is the 4ART token, which is the accepted payment method for services offered within the 4ART platform. Users can purchase the token during the ICO using any acceptable fiat currency by the platform. After the purchase of the tokens, the users will receive a free 4ART Wallet where they can store their 4ART coins.
ICO INFO
Token Symbol: 4ART
Token Price: 0.3 EUR
Token protocol: Ethereum
Hard cap: 250,000,000 USD
Soft Cap: 15,000,000 EUR
ICO Price 1 4ART = 0.3486 USD
Price 1 4ART = 0.30 EUR
Minimum Transaction: 500 EUR
Country: Switzerland
Accepted payment methods: ETH, BTC, Fiat
TOKEN DISTRIBUTION
MEET THE BRILLIANT TEAM
- NIKO KIPOUROS: FOUNDER/CEO
- ROLF MAIER: FIRST INVESTOR
- DIRECTOR
- CHRISTINA KIPOUROS;
- DINO LEWKOWICZ
- SERGE J. POLIAKOV
- REINHOLD WENTSCH
- MONJA MAIER
- JOACHIM HAAS
- PETER CHEUNG
MEET THE SMART ADVISORY BOARD MEMEBER
- THORSTEN TRITSCHLER
- ALI NAQI SHAHEEN
- THOMAS OBITZ
- KAI ZEH
- KURT SPIRIG
- CHRISTIAN KENDLBACHER
- RAIMUND STECKER
- ANDREA VON BREDOW
- MANFRED MEIER
- MICHAEL KEUSGEN
- CHRISTIAN MAEDER
ROADMAP TO SUCCESS
FEB 2017: Idea inception
APR 2017: Licensing of augmented authentication technology to 4ART
MAY 2017: Legal setup
JUL 2017: Team setup
DEC 2017: Whitepaper and project concept
MAR 2018: Demo Application on iOS Development.
JUN 25,2018: Token sale to early-stage investors (Close Group)
JUL 9,2018: 4ART Pre-ICO Phase 1
JUL 23,2018: 4ART Pre-ICO Phase 2
AUG 6, 2018: 4ART Pre-ICO Phase 3
SEP 28, 2018: 4ART ICO End
SEP 2018: Launch of Alpha version of 4ART app (MVP)
OCT 2018: Launch of Beta version of 4ART app
NOV 2018: Integration of further APIs.
JAN 2019: 4ART Token launch on exchange
MAR 2019: European rollout
AUG 2019: US rollout
From SEP 2019: Continued development in all directions.
Kind Regards, ensure to join this incredible project.
FOR MORE DETAILS, CLICK/FOLLOW THE LINKS BELOW:
TWITTER:https://twitter.com/4ArtTech
TELEGRAM:https://t.me/fourartechnologies
Author by: Hellokitty6
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