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Author Topic: [ANN] [ART] Maecenas: First ever fine artwork to be auctioned on the blockchain!  (Read 3920 times)
Murile
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July 31, 2018, 10:07:25 AM
 #61

what is the jurisdiction of project? Huh Huh
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Doomredeemer
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July 31, 2018, 10:58:56 AM
 #62

I don’t know… Seems promising, but why any passerby will put his money into such closed industry?
marco.polo.hodls
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July 31, 2018, 11:26:48 AM
 #63

what is the jurisdiction of project? Huh Huh

They will only operate in jurisdictions where we have built a legal framework. Maecenas token (ART) has been assessed by external law firms in multiple jurisdictions. So far, the assessments concluded that the ART tokens would not meet the definition of 'security'
DrexzKirby03
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July 31, 2018, 11:27:15 AM
 #64

Do token holders pay for insurance?  What happens if the piece is damaged or stolen?
Tator
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July 31, 2018, 12:00:55 PM
 #65

I don’t know… Seems promising, but why any passerby will put his money into such closed industry?
that is the point of whole platform. Anyone can use it, anyone can raise some cash on it
Gajurus
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July 31, 2018, 12:42:11 PM
 #66

Interest in fine art among investors and wealth managers is on the rise, and younger generations of buyers are eager to embrace art-tech involving blockchain
Dondallon
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July 31, 2018, 02:11:11 PM
 #67

I don’t know… Seems promising, but why any passerby will put his money into such closed industry?
that is the point of whole platform. Anyone can use it, anyone can raise some cash on it
Sorry but most of the market is monopolized by auction houses and brokers. Or it means nothing to you?
Wandaline
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July 31, 2018, 03:40:46 PM
Last edit: July 31, 2018, 03:53:29 PM by Wandaline
 #68

Can the bid be edited or changed after you bid?
marco.polo.hodls
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July 31, 2018, 03:44:27 PM
 #69

Do token holders pay for insurance?  What happens if the piece is damaged or stolen?


The physical artwork is in custody of the art vault who has the legal obligation of looking after it. And obviously there is insurance protecting any damage or theft (which is extremely unlikely due to the high security of these facilities).
marco.polo.hodls
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July 31, 2018, 04:49:00 PM
 #70

Can the bid be edited or changed after you bid?

No you can’t. All bids once submitted are irrevocable.
bibib0i
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August 01, 2018, 12:59:19 AM
Last edit: August 01, 2018, 06:30:00 AM by bibib0i
 #71

looking forward for future artworks to be sold
Oishijagung
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August 01, 2018, 02:18:55 AM
 #72

Can't wait to see how the team will work, I think it would be interesting to be seen because the art is a beauty and good results are also beautiful.
tarayqueen
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August 01, 2018, 05:24:51 AM
Last edit: August 01, 2018, 06:23:58 AM by tarayqueen
 #73

Would it be possible to explain what ART does in each phase?
marco.polo.hodls
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August 01, 2018, 06:27:06 AM
 #74

Would it be possible to explain what ART does in each phase?

After the auction, Part of the tokens go to the seller. Others go back into the pool. But they have some improvements in the pipeline for the tokenomics of ART to have further uses. This is just the first phase. We still have much to learn from the market dynamics.
bachduongkute
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August 01, 2018, 06:36:59 AM
 #75

It's a great idea, good luck with the project
quynhcoi
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August 01, 2018, 06:43:44 AM
 #76

This is a promising great project. Wish the dev team can do better to make the project successful.
Pegleku
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August 01, 2018, 08:00:08 AM
 #77

A very useful program for modern schoolchildren especially entrants. I want to see her at work as soon as possible!
Rosa bella
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August 01, 2018, 08:49:35 AM
 #78

when it comes to oil and oil refineries, I believe this is a serious project. I want to see the progress of the days ahead
Ggolcoy
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August 01, 2018, 02:36:40 PM
 #79

Good to know that this platform is focused on real people needs and let us to become a part of very closed market. I think there will be a huge demand and lots of clients
batman1101
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August 02, 2018, 04:51:46 AM
 #80

I'm really interested in Maecenas projects. But, are there any rewards for holding ART tokens in the Maecenas wallet?
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