regestra official thread - BLOCKCHAIN BASED ART PROVENANCE AND AUTHENTICATION

[Eric@Regestra]

JOIN US ON SOCIAL!!!!!!

COMING SOON....

Please join us in the discussion via social and view our team on LinkedIn

 

Website: http://www.regestra.io

Facebook: http://www.facebook.com/regestraart/

Twitter: http://twitter.com/RegestraArt

LinkedIn: http://www.linkedin.com/company/regestra/

Medium: http://medium.com/@REGESTRA

Discord: http://discord.gg/GxrESNg

Youtube: http://www.youtube.com/channel/UCrXXSVleCqi3_RKFg9-LXgQ

AngelList: http://angel.co/regestra-1

Github: http://github.com/regestra

 

Team

https://www.linkedin.com/in/evriss-pierre-23bb19162

https://www.linkedin.com/in/fordwharmon/

https://www.linkedin.com/in/rick-sorrells-9a794285/

https://www.linkedin.com/in/cliftonmattheus/

https://www.linkedin.com/in/david-bates-ii/

https://www.linkedin.com/in/raokanakala/

https://www.linkedin.com/in/ericgolden82/

https://www.linkedin.com/in/dimitris-chatzilias-0a34b735/

https://www.linkedin.com/in/christopher-rahmeh-79391b122/

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[cashbitca]

I'm sure that the problem of falsification of art values ​​is very important, but it is not as important as the problem of global warming or the introduction of the block chain in the sphere of social activity, we are not ready to apply the block chain to such projects

[pevriss]

Great ! We will be soon ready to go !

[pevriss]

I'm sure that the problem of falsification of art values ​​is very important, but it is not as important as the problem of global warming or the introduction of the block chain in the sphere of social activity, we are not ready to apply the block chain to such projects

Think you are wrong my friend. This is indeed the right moment to do it. Everything will be soon Blockchain related. Better be the first than the last to enter the market

[Eric@Regestra]

I'm sure that the problem of falsification of art values ​​is very important, but it is not as important as the problem of global warming or the introduction of the block chain in the sphere of social activity, we are not ready to apply the block chain to such projects

That is a very interesting take on the technology. I think most people in this space would vehemently disagree. As far as the social aspect, you and I both agree there and we have some surprises for you. Stay tuned!

[Eric@Regestra]

We have a great focus group of artists.

[Eric@Regestra]

Thank you for the comments everyone. Lets try and remain respectful on this post. We have a lot of cool things coming and we are going to solve a big problem. Stay tuned!

[Eric@Regestra]

Excited to partner with creative capital. Follow us on social!

[Eric@Regestra]

Another great article on art and the blockchain

https://www.forbes.com/sites/andrewrossow/2018/04/07/why-does-the-art-community-need-blockchain-on-its-palette/#7ce1a0124044

[Eric@Regestra]

Non-fungible tokens

Although paper money is marked with unique identifiers by way of printed serial numbers, the “uniqueness” of each bill is irrelevant in nearly all circumstances. The primary function of any one unit of a fungible asset is the same for all units that fall within the same class of fungible assets, whether the fungible asset in question is dollars (to act as a unit of account that is widely agreed upon as being equal in value to other units of the same denomination in that asset class, to act as a store of value, and to act as a medium of exchange of the widely accepted agreed upon underlying value) or gasoline for your vehicle (to be consumed as fuel so that you can get from point A to point B).

While NFTs can act as a store of value in certain instances, with the art world being a prime and obviously relevant example of a market in which certain works are generally considered to be good investments that are only going to increase in value, the effectiveness or acting as store of value is going to vary tremendously depending on the work being considered.

Additionally, an NFT is generally not going to be used as a unit of account or a medium of exchange. Instead, for the NFT holder to exchange it for some other form of value, the holder would need to use the NFT in a barter-type of exchange to receive some other non-monetary form of value, or the NFT would need to be sold for a medium of exchange, such as dollars or BTC, which could then be used to purchase another item of value.

Additionally, unlike utility tokens (or the equivalent of directly owning gasoline), the value of NFTs does not stem the usefulness or benefits derived from consuming (or utilizing in a manner that reduces future utility) the token.

I saw something the other day that suggested the term “consumer tokens” as an alternative to utility tokens because of the fact that utility tokens value stems from consumption. However, the proposal also included ERC 721 assets in this grouping, which I think was an incorrect conclusion. While a new sedan that you drive to work certainly derives its value from its utility/your consumption of the vehicles ability to continue functioning for the purposes for which you paid for it, an antique vehicle, or one that has some unique historical significance (by way of a Seinfeld example, buying a car previously owned by Jon Voight) is going to derive its value from the uniqueness of the asset itself rather than its ability to provide a utilitarian benefit that only stems from the ability of consuming it as a resource.

[Eric@Regestra]

https://medium.com/videocoin/7-industries-the-blockchain-will-disrupt-d83d317e8d8?ref=quuu

Another great article

[Eric@Regestra]

what do you think about art on the blockchain?

[Eric@Regestra]

More to come soon!

[Eric@Regestra]

Great! we are excited about this project and much more news to come.

[Eric@Regestra]

website is up. Let us know what you think!

[Eric@Regestra]

http://www.regrestra.io

[pevriss]

YESSSS !!! We are moving foward !

[Eric@Regestra]

[Eric@Regestra]

https://github.com/REGESTRA

[Eric@Regestra]

follows us on twitter https://twitter.com/regestraart

[Pegleku]

kinda interesting for me.. looking forward to see this project go, dev.. i hope you'll immediately update this ANN thread to help you spread the word about this project..

[Eric@Regestra]

kinda interesting for me.. looking forward to see this project go, dev.. i hope you'll immediately update this ANN thread to help you spread the word about this project..

yes we will continue to update the ANN as we go. thank you and any input would be good!

[ifyousmell]

there are so many similar projects with copyright protection as purpose, the most difficult part is to let artists to use it

[Eric@Regestra]

there are so many similar projects with copyright protection as purpose, the most difficult part is to let artists to use it

Thank you for your post. We are focused more on provenance and transparency. Copyright is important, but will take time to develop a technology that will completely solve that problem. It depends on how the technology is built and developed. It is not a secret that the issues need to be corrected and the blockchain will be a big contributor. I think we have an edge in terms of technology. We will constantly update.

[Eric@Regestra]

[Eric@Regestra]

posting updates as we go!

[Eric@Regestra]

We just added 2 new advisors and 1 team member!

[pevriss]

Our beautiful logo. One more step foward

[lKSLMNSLKnkndlksnkJ]

In case anyone forgot, this is one of most organic projects that started with the tiniest announcement with a gigantic vision.  People who donated at the announcement were likely another group of equally forward thinking individuals, as well, or just lucky.

Well.  No matter what, in only six months or so, that small original team has obviously grown remarkably fast behind the scenes to now being close to moving to the next stage of their evolution.

It's been impressive to watch and I'm sure there's a lot more to come just based on the current team behind this and their ability to manifest a vision with so quickly.

Congratulations to the team so far, and I send all my encouragement your way to help support the work.

I look forward to seeing continued success and wish everyone well who is working behind the scenes on the Regestra project.

[Eric@Regestra]

In case anyone forgot, this is one of most organic projects that started with the tiniest announcement with a gigantic vision.  People who donated at the announcement were likely another group of equally forward thinking individuals, as well, or just lucky.

Well.  No matter what, in only six months or so, that small original team has obviously grown remarkably fast behind the scenes to now being close to moving to the next stage of their evolution.

It's been impressive to watch and I'm sure there's a lot more to come just based on the current team behind this and their ability to manifest a vision with so quickly.

Congratulations to the team so far, and I send all my encouragement your way to help support the work.

I look forward to seeing continued success and wish everyone well who is working behind the scenes on the Regestra project.

Thank you for your support!

[Apula]

Do you believe that the advertising platform is a relevant investment for you and for investors?