Time To Tokenize Art

Cryptocurrencies and Blockchain became the Shakespeare and Picasso of the modern-day financial ecosystem. They gave rise to ICOs and later followed by STOs. STO stands for Security Tokens Offering and is becoming popular amongst companies and startups to raise funds via digital crowdfunding. The process is simple, organization exchange their crypto-tokens in exchange for fiat or other cryptocurrencies. 

With strong regulatory compliance via STOs, art tokenization came to existence. Art is a real-asset that holds strong value. With tokenization of art, the art holders can raise the necessary funds to fulfil projects including acquiring more art, developing infrastructure and more.

Before the technological marvel of blockchain and tokenization, the traditional art transactions involved numerous middlemen that caused multiple delays in traction. Not to mention the higher cost that followed. But with art tokenization offering, art holders can get rid of any third party involvement. 

The blockchain ecosystem is designed to pursue art investment without intermediaries. A stellar protocol designed to help raise funds from a series of investors and art enthusiasts by using the priceless arts as collateral. With the proper regulatory framework guarding the process, it offers efficiency and high transparency for both fundraisers and investors.

If you are in possession of fine arts and wish to raise funds via tokenization, then you should get in touch with the experts. Blockchain App Factory is the leading art tokenization platform development company that delivers art tokenization solutions within the legal framework.