[ANN] [ART] Maecenas: First ever fine artwork to be auctioned on the blockchain!

[OBMemo]

Fine art remains one of the rare few markets that have remained virtually unchanged for the last three centuries, so team of Maecenas created a whole new system that allows to trade even more profitable members using blockchain and cryptocurrency

[monscepal]

I was truly surprised that art and cryptocurrency have anything in common and blockchain can improve art provenance

[TrePexen]

What is the main goal of your platform? For what purpose you created it?

[Mutanca]

The overall project idea seems fantastic, one of its kind. I believe its going to succeed. I am definitely going to support of this project

[ZellaAnders]

Fine arts, huh? I'm excited for this project and I'm definitely going to support it, y'know? With no art there would be point in anything, y'know what I'm saying? We have to show that there's interest in blockchain from the art community, it's gonna be beneficial for the both, alright?

[SimpleMan]

Is there a mechanism for a painting sold for ART to be resold to a single owner. Eg. someone buys shares in the Warhol but loses the private key, how can a future investor fully own the piece?

Yes this is covered in the terms of the SPV when it's created. They know the identity of everyone who co-owns the Warhol so you can never lose your investment due to technical problems because there is an offline old fashioned paper record of it in custody of an official agent.

Is it therefore not possible to anonymously own a piece of art if bought on Maecenas? There is always someone who has the information right?

They can. But they won't necessarily get a better deal if they want to, because by buying shares they would push the price up

Isn't that anyway the case that the price goes up if a lot of people want to buy? You could have zero knowledge proofs like someone who wants to buy and places an order is not known but the order and the piece of art or the share in that art is known.

[ComSilver]

Can I use Maecenas platform to get full info about art pieces on sale?

[Glen Thompson]

I enjoy the fact that Maecenas can provide possibilities to trade and invest in art works for buyers and sellers directly without intermediaries

[Tunchosa]

The information contained in your white paper useful for every potential investor. I would like to clarify which languages do you plan to translate it and how soon?

[Samuray_91]

This platform can provide the foundation for a secure and efficient market with blockchain so you can invest or trade safely and quickly

[Ethan Dolan]

Well, finally art is becoming a financial product and blockchain is making it more convenient. I have no idea, is it good or bad, but it is obviously profitable

[Varsity_Blues]

Well, finally art is becoming a financial product and blockchain is making it more convenient. I have no idea, is it good or bad, but it is obviously profitable

let me disagree a bit, cause it is obviously GOOD. when this market is not just for a select few high-net-worth investors

[Buzalas]

It is a bit unexpected to find such a project. Trade, crypto, art and blockchain in one shaker. Hope that your platform will be successful, I see all the background to this

[marco.polo.hodls]

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?

Yes both are enabled but withdrawals are manual, not automatically. They use only cold storage multisig wallets for maximum security.

[marco.polo.hodls]

What is the main goal of your platform? For what purpose you created it?

Tokenization of art in blockchain

[marco.polo.hodls]

It is a bit unexpected to find such a project. Trade, crypto, art and blockchain in one shaker. Hope that your platform will be successful, I see all the background to this

Thank you Buzalas. Come join us on our growing telegram community
https://t.me/maecenasart

[marco.polo.hodls]

Can I use Maecenas platform to get full info about art pieces on sale?

Hello ComSilver, yes you can use the platform. But you have to be KYCd approved inorder to access full details on art pieces on sale

[marco.polo.hodls]

Fine arts, huh? I'm excited for this project and I'm definitely going to support it, y'know? With no art there would be point in anything, y'know what I'm saying? We have to show that there's interest in blockchain from the art community, it's gonna be beneficial for the both, alright?

Thank you Zella. Yes you have a point. The better the interest the better the community

[dfwafgdge]

This project is quite new, what is the plan in the future?

[marco.polo.hodls]

This project is quite new, what is the plan in the future?

ICO done last year around october. They just had their first fine artwork auctioned in blockchain. They still have a pipeline of artworks worth circa ~$100m which qualify for the platform to be auctioned in the future