Hello how are you all !!
Right now I'm going to talk about the All Public Art (APA) project where in the project they want to introduce the blockchain touch technology in the art world, okay I'll start it to explain for this art project.
APA (All Public Art) is present as a liaison between three fields that have tremendous potential. namely Art, Blockchain and Market participants themselves. three fields require a touch in technological development. because with the growing growth and development of the field is also required touch technology that can provide added value to the market. all art in general there must be a market where artists market their work. WHAT sees opportunity, along with the changing economic climate and blockchain technology that is currently in vogue. who are able to contribute to the success especially in the art world market. a sales report from the arts market collected by TEFAF 2017. announced that global art sales in 2016 rose 1.7 percent or about $ 45 billion. and the Auction House are the biggest contributors to the sale. but the latest info from TEFAF there is a shift. where the largest contributor to the auction house has switched to the private sector either to private sales or dealers. Many global economic factors affect the absorptive capacity of the art. for example diamerika which has the largest art market, based on value. rising equity markets and rising property prices. as well as the unemployment rate have an influence on the purchasing power of someone in the field of art. in 2017 alone. International monetary funds (IMF) boosted US GDP growth expected to 2.3% in 2017 and 2.5% in 2018 due to the positive potential and resilience of the art market.
ALL PUBLIC ART uses the power of blockchain as a regulatory function. Our mission is part of a movement in technology called ‘regtech’ — the application of technology to the traditional regulatory functions of auditing, compliance, and market surveillance. The regulation of trade in the art market today can be replaced by blockchain's ability to guarantee the validity of a transaction while confirming that the ownership of artwork and the identity records of artists are accurate and remain unaltered.
ake Part in Changing the Global Art Market
With the AllPublicArt token and the creation of our API, we are deploying a new, convenient and effective way to trade art and track the history of artworks. All Public Art's implementation of blockchain technology will minimize counterfeit art, build trust within the art market, improve art trade services and increase economic and social benefits in the global art community.
Thanks to blockchain technology, transparency is increased ensuring a more convenient and legitimate marketplace for trading art.
Blockchain Technology
Offers tremendous potential and is in line with the art market because it allows peer to peer to artists, sellers and collectors and consumers alike. while offering its sales in a transparent manner. this directly minimizes fake artwork and price manipulation in the market. because it used to be the auction house as an intermediary to coordinate its sales. by giving a number of commissions to the auction house. but with the All Public Art platform we no longer need to pay commissions for intermediaries involved in this transaction. and TEAM APA confidently offers the opportunity to be part of the All Public Art. by utilizing the advantages of blockchain technology as an innovation in the art market service that desperately needs something innovative and exciting.
APA uses blockchain as a regulator in their project by using a technology called "Regtech". the application of such technology covers in the process of auditing, compliance, and supervision of conventional markets. with the use of blockchain as a trade supervisor on the arts market is expected to guarantee the validity of a transaction while ensuring that the art ownership status and identity of the artist are accurate.
Token APA and Sales Program
TOKEN APA is the core of this project where the new way of being applied is expected to make trade more convenient and effective in exchanging the goods of art and track the artwork itself. all the implications of blockchain technology from publicly owned artwork will minimize fake artwork. rebuilding trust in the art market. improve services in trade. as well as increasing the economic and social benefits of the global art community.
APA token allocation.
Token symbol: WHAT
Number of Supply: 800,000,000 WHAT
30% of all tokens or 152,000,000 will be allocated to the APA team
2% of all tokens or 8,000,000 will be allocated to APA advisors
60% of all tokens or 240,000,000 will be allocated for platform incentives and organizational and institutional partnerships and tokens allocated above will be locked after the token sale expires.
Pre Sale token will take place from 15 - 21 January 2018 this stage aims to build sales momentum token in a brush time to encourage initial investment.
How It Works?
Our primary objective and long term goal is peer to peer trading (P2P) in the art market. For that vision to be achieved in the art market, the All Public Art’s marketplace has been created. The art market and blockchain technology will seamlessly merge together due to the combination of the fundamental features of the program. There are four key components to the All Public Art trading process :
(1) REGISTRATION
Artists, art collectors and anyone interested in engaging with the All Public Art community or APA’s services must register on the platform. After registering and creating a profile on AllPublicArt.com or in the mobile app, an artist may post artworks and art related items in exchange for APA tokens.
(2) UNIQUE IDs & SECURITY
When artists and collectors register on All Public Art they will receive a unique ID which will be used to authenticate all their transactions on the blockchain. There will also be four options for Artwork Security:
• Unique ID with QR code
• Unique IDs embedded in tamper sensitive stickers and holographic stickers
• RFID chips (Radio Frequency Identification chips)
• Micro RFID chip in adhesive applied to the artwork
(3) TRADING
When an art collector finds an artwork that they want to trade tokens for, they may simply click on the “Acquire Artwork” button to initiate the trade with the artist. A smart contract associated with the trade will be coordinated with All Public Art’s API to document the details of the transaction on the Blockchain as well as transfer the APA tokens to a temporary address and lock them until the artwork is confirmed as received.
(4) SHIPPING
Shipping artwork can vary depending on the requirements of the transaction, therefore, All Public Art as provided artists and collectors with the following 2 shipping method options to choose from:
• Fine Art Shipping Affiliates for fine art
• Standard Shipping for small artwork and items
Road Map
Details Information
Website : https://allpublicart.io/
Whitepaper : https://allpublicart.io/whitepaper.pdf
Telegram : https://t.me/joinchat/G_xrCRB5DyRk58-dmGne6g
Facebook : https://www.facebook.com/allpublicart
Twitter : https://twitter.com/allpublicart
Bitcointalk (Giebaymax): https://bitcointalk.org/index.php?action=profile;u=782329
ETH : 0x51789F81CE815119e41aBB66704766A4Fa08289A