Photo - International art community and marketplace
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International art community and marketplace

Malta
Market: Culture, art
Stage of the project: Prototype or product is ready

Date of last change: 05/14/2019
Min investment
$  1.123.551
Total required
$ 22.471.020
Rating
equalizer 126 from 1000
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Idea

Monart international art community & marketplace launches to revolutionize the $67 billion a year art market with both innovative art experiences and new business models based on the blockchain.

Current Status

Prototype (MVP) available

Problem or Opportunity

PROBLEMS ARTISTS
Huge challengeto promote themselves and their artworks
High dependencyon intermediaries
Difficulty to prove and track ownership of artwork
No track recordsor follow-up of the artwork
No resell rights
Little interactionbetween artists and art lovers

ART LOVERS & BUYERS
Art experience unchanged for centuries
No opportunityfor contributions, recommendations
No right to discoveror propose artists
Unclear artist and artworks rating system
Lack of trust
Lack of transparency, no historical information
Hard to access the fine art market.
Requires steep investments

Solution (product or service)

MONART SOLUTIONS ARTISTS
Major viral online and offline promotion
Direct salesor better intermediary deals
Clear and secure proof of ownership
History of artwork sales securely available
Possible resell rightsfor the life of the artwork
Increased network with art lovers online and worldwide, receive financialsupport from Art lovers

ART LOVERS & BUYERS
Innovative art experience in monart’s galleries and online
Opportunity for contributions, recommendations
Encouraged to discover or propose artists, option to sponsorartist
Open and secure crowdfunded artists and artworks rating system
Trusting the platform using the secure blockchaintechnology
Transparent historical (log) information
Easy access to fine art market with shared ownership, art collections,emerging artists art collections

Competitors

COMPETITIVE ANALYSYS
Our competitive analysis shows that most of the art ICOs and Blockchain usages (20 different projects analyzed, detailed bellow) are all very different from the monartproject which stands above as a unique platform for artist discovery, community, experience and marketplace.

THESE COMPETING PROJECTS ARE:
B2B solutions for the trade
Specialized initiatives dedicated to one part of the art market
Only selling artworks rather than promoting artists
And are usually based in one country, not beginning as an international like monart

Advantages or differentiators


Discover, select, invest, buy, sell
Participate in the art market your way.

Participate in world class art events
monart sponsored or partnered events will rely on monart tokens for entry fees, artworks purchase and more.

And multiple additionnal innovative token usages
To be described in our STO White Paper, stay tuned.

Convertible tokens
monart will work with established online exchanges to ensure that monart tokens can be listed to be convertible to any currency in order to and be sold or purchased anytime.

Money will be spent on

Platform development
MVP before the STO, Beta 1 version
Community growth
Open to early adopters by invitation
Art Market promotion
Presentation and promotion to the art market. Large launch events Beijing, Paris, NY
STEP 2

Platform development
Beta 2
Community growth
Wide open
Art Market promotion
Participation to major art trade fairs, large online promotion
STEP 3

Platform development
Version 1
Community growth
Large launch and promotion
Art Market promotion
Welcoming of the art community at large. Major deals with partner art institutions worldwide
STEP 4

Platform development
Version 2
Community growth
Worldwide development
Art Market promotion
Worlwide promotion and development, more major international partnerships

Team or Management

Company Registration

Malta

The size of issue

1000000000

Pricing

1 MART = 0,04 EUR

Type of Token

Ethereum ERC20

Bounty Programm

50% free tokens during private sale, 35% free tokens during public pre-sale

Currencies

FIAT, cryptos BTC, ETH

KYC

Yes

Regulatory Permissions

Restricted countries Balkans, Belarus, Burma, Ivory coast, Cuba, Democratic Republic of Congo, Iran, Iraq, Liberia, North Korea, Sudan, Syria, Zimbabwe, and Somalia

Won the competition and other awards

https://medium.com/monart/best-ico-project-of-the-year-6070c853a0ea

Product Video

Photos

Photo 1 - International art community and marketplace
Photo 2 - International art community and marketplace
Photo 3 - International art community and marketplace

Website address

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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Advisors
Pre-ico investors
Company Registration
The size of issue
Pricing
Secondary Circulation
Type of Token
Token Distribution
Management Structure
Risks
Bounty Programm
Technical Info
Security
Currencies
KYC
Rights
Regulatory Permissions
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Product Video
Photos
Website address