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Author Topic: [ANN] Codex Protocol - Decentralized Registry for Art & Collectibles  (Read 43108 times)
Metaton
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July 22, 2018, 08:19:29 PM
 #1041

Here's a new question. What about Codex scalabity? Its name can have very wide meaning. Could it become some of new marketplace not only for arts, etc.?
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kasaram
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July 22, 2018, 08:26:10 PM
 #1042

Here's a new question. What about Codex scalabity? Its name can have very wide meaning. Could it become some of new marketplace not only for arts, etc.?

Nice idea! As for me name "Codex" is universal so they could add something new to the platform. However I'm not sure the token can be used for whatever we want...
DutchTranslator
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July 22, 2018, 08:34:39 PM
 #1043

Here's a new question. What about Codex scalabity? Its name can have very wide meaning. Could it become some of new marketplace not only for arts, etc.?
This is not planned at this time, but if a 3rd-party developer wishes to implement the protocol for other things - in theory, no one would stop them. Its focus is on A&C though. Besides art, you can also think of classical cars, guitars etc. There's a big market for it Smiley
Misha87
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July 22, 2018, 08:46:59 PM
 #1044

I am reading your thread on the forum, it's very helpful!
Is there any info about safe data storing at codex?
I wondered how that would be achieved in practice.
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July 22, 2018, 08:52:12 PM
 #1045

Speaking about scaling the platform to become something more than just an auction and art market platform...I guess it can't.It's too hard.
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July 22, 2018, 08:59:09 PM
 #1046

Speaking about scaling the platform to become something more than just an auction and art market platform...I guess it can't.It's too hard.
Why do you think so? Sure, it would be hard to compete with Amazon haha whatever, why can't they just try? It would help markets to evolutionize.
ribenapurpz
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July 22, 2018, 09:03:56 PM
 #1047

I am reading your thread on the forum, it's very helpful!
Is there any info about safe data storing at codex?
I wondered how that would be achieved in practice.


Secrecy and confidentiality are indeed important in the art world.

I don't think blockchain will change this.

I think that people should be entitled to share what they want and be private about what they want.  In Codex, users control the privacy of their data.  That's one of the greatest benefits of the blockchain.

Blockchain also ensures that the source of any information they do share is verified.

This was Mark Lurie's answer about security from the recent AMA on the Codex telegram: https://t.me/codexprotocol
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July 22, 2018, 09:04:48 PM
 #1048

Speaking about scaling the platform to become something more than just an auction and art market platform...I guess it can't.It's too hard.
Why do you think so? Sure, it would be hard to compete with Amazon haha whatever, why can't they just try? It would help markets to evolutionize.

I guess team chose this sector because they are true art enthusiasts, so they will decide. You should remember that there are no (as far as I know) big players on the art market, so they can become the leader.
topormne
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July 22, 2018, 09:12:38 PM
 #1049

I have a question
I found this project few days ago
What are the advantages of codex in front of other technologies?
Metaton
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July 22, 2018, 09:24:27 PM
 #1050

Are you ready guys ? Tokensale is coming in 1 and 1/2 day! One question, I can pass KYC whanever I want or just while presale/ICO is on going?
rleannar
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July 22, 2018, 10:52:10 PM
 #1051

Hi everybody. I want to say that cooperation with auction houses already provides respect to the project
Albert Val
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July 22, 2018, 11:19:41 PM
 #1052

Hi everybody. I want to say that cooperation with auction houses already provides respect to the project
Hey. This provides some reliability, for me, as for the investor it is very important
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July 22, 2018, 11:21:33 PM
 #1053

If I understand correctly that the project will have an online appraiser function? Not bad, if I, for example, want to sell a thing that is not yet in the register  Smiley
Albert Val
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July 22, 2018, 11:23:56 PM
 #1054

Every thing that can be sold will have its own identification number. This will allow to keep records of such items, highlight the most popular and sold items
rleannar
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July 22, 2018, 11:25:08 PM
 #1055

Every thing that can be sold will have its own identification number. This will allow to keep records of such items, highlight the most popular and sold items
I think that the best-selling items will be coins and paintings
imma24
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July 22, 2018, 11:31:58 PM
 #1056

I have a question
I found this project few days ago
What are the advantages of codex in front of other technologies?
Hi there,

Codex puts provenance on the blockchain and is open source, which means that it will provide an infrastructure for all players in the A&C ecosystem who need proof of ownership while also preserving privacy. This includes bidders, sellers, as well as third-party players—including art insurers, collateralized lenders and art logisticians—who can build applications and utilize the title system. Biddable, which is a title-escrow system for the $125B auction market, is aimed toward auction houses and bidders.
- For bidders, Biddable will provide access to auctions, especially for international buyers and cryptoholders who don’t have translated or verifiable financial records.
- Today, auction houses lose substantial revenue to bidders who renege on items they win. Because of this, auction houses require extensive financial disclosures from potential bidders just to participate. Biddable will eliminate the need for this invasive process through the use of the title-escrow system.
imma24
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July 22, 2018, 11:34:35 PM
 #1057

Are you ready guys ? Tokensale is coming in 1 and 1/2 day! One question, I can pass KYC whanever I want or just while presale/ICO is on going?
Whitelisting for the first day of the sale is over, but you can start KYC for the second day of the sale (which is open to all eligible participants) already, do check it out: https://www.codexprotocol.com/token-sale.html
imma24
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July 22, 2018, 11:39:41 PM
 #1058

If I understand correctly that the project will have an online appraiser function? Not bad, if I, for example, want to sell a thing that is not yet in the register  Smiley
CodexProtocol is partnering with ValueMyStuff, a network of former Sotheby's and Christie's experts who will provide appraisals and validate Codex Records.
trofim21
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July 22, 2018, 11:49:05 PM
 #1059

such platforms bring the chain block closer to ordinary people, this is a huge plus, soon the whole world will know about the block chains) similar projects I have not seen And this is a plus for you because you do not have competitors
rleannar
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July 22, 2018, 11:49:35 PM
 #1060

If I understand correctly that the project will have an online appraiser function? Not bad, if I, for example, want to sell a thing that is not yet in the register  Smiley
CodexProtocol is partnering with ValueMyStuff, a network of former Sotheby's and Christie's experts who will provide appraisals and validate Codex Records.
Yes, I talked about this. I saw an article on the site about this. The work of appraisers will be to handle new things that were not previously available for sale?
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