BatGirl102993
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August 02, 2018, 09:09:20 AM |
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Hey guys! Will btc/eth be converted to ART?
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Tator
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August 02, 2018, 11:35:26 AM |
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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? yes, and we used to have only dial telephones. things change, you know. i think that it is very stable and trouble proof market for everyone, so it must be available for everyone
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marco.polo.hodls (OP)
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August 02, 2018, 12:07:24 PM |
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Hey guys! Will btc/eth be converted to ART?
It will be converted using an index calculated based on external market data, calculated at least once daily.
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marco.polo.hodls (OP)
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August 02, 2018, 12:08:31 PM |
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What masterpieces you are going to sell with your platform?
They have a pipeline of artworks worth circa ~$100m which qualify for the platform. Details will be revealed after each auction
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Pie_Man
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August 02, 2018, 12:26:28 PM |
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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? yes, and we used to have only dial telephones. things change, you know. i think that it is very stable and trouble proof market for everyone, so it must be available for everyone Agreed. This platform is going to change the game
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gastlator
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August 02, 2018, 01:57:31 PM |
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Just wonder, what is the exact minimum for investing? I have been reading different explanations - please clarify
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GEOmile
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August 02, 2018, 02:53:17 PM |
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I don’t like the fact that all art auctions nowadays considered like something closed or out-of-date. Nice to see that blockchain art auction can be very popular and sufficient.
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marco.polo.hodls (OP)
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August 02, 2018, 04:15:33 PM |
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Just wonder, what is the exact minimum for investing? I have been reading different explanations - please clarify
the minimum is 5k usd in ART, ETH or BTC
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batman1101
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August 03, 2018, 02:23:38 AM |
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I'm just curious if can the bid be edited or changed after you bid?
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marco.polo.hodls (OP)
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August 03, 2018, 04:02:53 AM |
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I'm just curious if can the bid be edited or changed after you bid?
No you can’t unfortunately
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Kurii
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August 03, 2018, 04:59:29 AM |
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Do token holders pay for insurance? What happens if the piece is damaged or stolen?
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ticulves
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August 03, 2018, 06:57:56 AM |
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I love the idea to invest in art with Maecenas because trading volumes of masterpieces have continued to grow steadily over the last few decades
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BatGirl102993
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August 03, 2018, 09:39:47 AM |
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Hey guys! Will btc/eth be converted to ART?
It will be converted using an index calculated based on external market data, calculated at least once daily. Are deposits and withdrawals enabled for the auction?
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chengxiaodong1
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August 03, 2018, 12:05:21 PM |
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our project looks interesting, but have you any partners, who want to take you offer? i mean, not much people will use your platform in the start, and you should to find another way to advertising.
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Hucama
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August 03, 2018, 12:12:52 PM |
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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? yes, and we used to have only dial telephones. things change, you know. i think that it is very stable and trouble proof market for everyone, so it must be available for everyone And what do you mean saying everyone?
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Tator
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August 03, 2018, 12:37:14 PM |
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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? yes, and we used to have only dial telephones. things change, you know. i think that it is very stable and trouble proof market for everyone, so it must be available for everyone And what do you mean saying everyone? art investors, galleries, collectors, enthusiasts i mean what i said, everyone can exchange shares in paintings and sculptures instantly here
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Grotilar
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August 03, 2018, 02:26:54 PM |
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I believe that Maecenas is able to bring art trade and investment into a new era. This project is a future!
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recnapon
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August 03, 2018, 02:37:23 PM |
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Maybe you can explain how exactly is the auction going?
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marco.polo.hodls (OP)
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August 03, 2018, 04:51:43 PM |
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Maybe you can explain how exactly is the auction going?
Check this out https://www.investopedia.com/terms/d/dutchauction.aspFirst bids with same price are giving priority. Last bidders have fewer chances of winning. Everyone pays the same price in the end. No penalty for early bidders, late bidders don't have any advantage, it's actually the opposite.
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marco.polo.hodls (OP)
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August 04, 2018, 01:04:44 AM |
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Do token holders pay for insurance? What happens if the piece is damaged or stolen?
It’ll be stored in freeport (Refer: http://lexicon.ft.com/Term?term=freeport). Artworks won’t leave the freeport straight away but it is on its way to achieve freedom. Freeports have a very tight security so public viewing won't be possible, only for investors and guests of investors. However, the artworks could be leased out to museums for public viewing, for a fee, which will then be paid as dividend to investors.
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