ACF ArtCoinFund, the first token backed by a REAL and VALUABLE underlying assett

[enrico_pandian]

I am very happy to announce the launch of ArtCoinFund to democratize the access to art investments.

I, Francesco, Fabrizio and Axel are art-collectors (and investors), I personally started to collect art 15 years ago, starting with contemporary art with price range from $5.000 to $10.000, i love contemporary artists because you can meet the artist, and speaking with an artist is pure magic.

In the last 5 years i started to collect masterpieces, artists like Anselm Kiefer, Peter Doig, Adrian Ghenie, etc, prices from $750.000. I can't afford an investment like this, so with my mates i create a "club deal" in which the single investment is divided by 10 or 20 shares and people can buy a share and then diversify the risk of their investment portfolio.

After 15 years i discovered that conteporary art are like startup, only 1% can survive but create big capital gains (20x the investment), the real value is in modern masterpieces, are safe, internationally recognized, and you can store it in a freeport with no tax.

We want to open this type of investment to others, so we are creating a Singapore Fund and financing the fund with the launch of a ERC20 token on the ethereum blockchain.

Somebody can ask us why we issue a token instead of raise money in Bitcoin/ether, the answer is that we want that our backers will be fully liquid when they want and we want more people involved in art investments, all the masterpieces acquired will be available for sale in ArtCoin (not Fiat) on the website 60 days before public sale in auctions (Christie's, Bonhams, Sotheby's, etc) and you can ask to leave the masterpiece you bought in a tax free freeport.

All the money raised will be used for acquiring art, the company collect 3% yearly as a management fee on the funds invested and 30% as performance fees on the capital gain.

We issue only 750.000 ArtCoin and we burn 5% of the tokens every year.

We see art as a good investment and ArtCoin as the first fine-art token backed by an art collection.

You can download our whitepaper from https://www.artcoinfund.com/ArtCoinFund-whitepaper.pdf

Total supply: 750.000 ACF
Decimals: 18
Type: ERC20

Pre-sale dates: Starts 1st of November, Ends 15th of November
Pre-sale tokens on sale: 7500 ACF (1% of total)
Pre-sale token price: 1ACF = 0.05 ETH

ICO dates: Starts 1st of December, Ends 31st of December
ICO tokens on sale: 375000 ACF
ICO token price: 1ACF = 0.1 ETH

Tokens distribution: 51% crowdsale, 19% used by the fund to buy artworks, 30% team and advisors
Tokens yearly burn: 5%. We will buy tokens on the exchanges.

English pitch: https://www.youtube.com/watch?v=YMJhYM2CogI
Italian pitch: https://www.youtube.com/watch?v=4hHbRdbmeME

Our smart contract: https://etherscan.io/address/0x427D8e92bE999dffCa7C623a946363fEBa257233#code

Telegram channel: https://t.me/artcoinfund

My email: enrico@artcoinfund.com

[1714041941]

1714041941

[Kryptowolf512]

Any airdrops?

[AmoreJaz]

please remember that your launching on this forum and you should respect this forum! put all the needed info here and not make people leave this forum to go to other websites searching for info that should already be here in this ANN

[enrico_pandian]

please remember that your launching on this forum and you should respect this forum! put all the needed info here and not make people leave this forum to go to other websites searching for info that should already be here in this ANN

Done!. thank you for your patience.

[2012]

A coin backed by fine art this is nice concept this is very big market so many talented people all around the world. Looking forward to know what plan you have to get involve the artist into this platform and how you will motivate them to use this. I think you should launch bounty campaign to promote this project to get some attention from investors.

[enrico_pandian]

A coin backed by fine art this is nice concept this is very big market so many talented people all around the world. Looking forward to know what plan you have to get involve the artist into this platform and how you will motivate them to use this. I think you should launch bounty campaign to promote this project to get some attention from investors.

Thank you for your suggestion. Usually art buyer do not have relationship with famous artists, and famous artists do not sell directly their artworks. So with ArtCoin you can buy a piece of the fund or the whole Masterpiece. We hold 142.500 ArtCoins to buy the masterpieces directly from galleries or from private collectors, so ArtCoin will become a currency in the art market.

[enrico_pandian]

https://pbs.twimg.com/media/DLXVfiYXUAAMHV3.jpg

[Prompyboo]

Hey guys....
good luck for your project, i think that you have a chance to innovate this world off art.

Amazing this project

[cryptoking710]

Are you running a bounty campaign for your project? It really does sound like a good idea and think a small bounty could help a lot.

[bezzler]

very simple announcement, but I see this project quite good enough.
While I want to follow his progress first, hopefully running smoothly.

[b3llsf1l3s]

you should clearly describe your token in this thread. instead of diverting to another site, it will make the most of this forum member disgust
and it will also be great if you edit the align your posts

but, so far it's all good, goodluck sir

[cryptobaboon]

A little help with the image.

Regarding the idea behind the token, well... it's pretty much of the original idea behind a token: tokenized physical assets/projects. I gues this is not the first one of its kind, I remember Maecenas. but I dunno how the project is right now - even if it is still active - but the focus was mainly directed to the artist, and for this one looks like you're going the opposite direction, aiming specially on the investor crew.

Well, your whitepaper (https://www.artcoinfund.com/ArtCoinFund-whitepaper.pdf) is pretty much self explanatory, but I'd advise to put as much information as possible on the mais thread. As some had already pointed out, some users are too lazy or just don't like to access external links, unless they have enough information to do so. Try to improve the info contained there. For those who fit to the characteristics I mentioned, a small summary according to the pdf:

Total supply: 750.000
Decimals: 18
Type: ERC20

Good luck!

[jenia1]

Will you need a high quality Russian translation? I'm up for the job

[coinporch]

supply 750.000 ACT
Tokens yearly burn: 5%. We will buy tokens on the exchanges.
so 5% yearly burn ? how many years will be this burning actions will be ?
if 5% every years so if this actions hit 20 years,, there will be no ACT token available ?

[nguyenthity]

A coin backed by fine art this is nice concept this is very big market so many talented people all around the world.

Looking forward to know what plan you have to get involve the artist into this platform and how you will motivate them to use this.

 I think you should launch bounty campaign to promote this project to get some attention from investors.

I get bonus 53 token, thanks dev!

[Ben.Lock]

Sound great!
Good luck!

Is bounty coming any time soon?

[tazmako]

Looks like an interesting project.

have airdrop and translate bounty?

[davide72]

Hi dev,how many people are working in your team? Are you planning to make some marking  before the ICO? thanks in advice for your info

[shokhibul]

Would like to know the team better+i think you are starting a bit late if planning ICO in 3 weeks 

[MEMEX]

I was impressed the concept of this project, it seems will be a huge success.
How much the achievement of pre-sale to date?