APA (All Public Art) is present as a liaison between three fields that have tremendous potential. namely Art, Blockchain and Market participants themselves. three fields require a touch in technological development. because with the growing growth and development of the field is also required touch technology that can provide added value to the market. all art in general there must be a market where artists market their work. WHAT sees opportunity, along with the changing economic climate and blockchain technology that is currently in vogue. who are able to contribute to the success especially in the art world market. sales reports from the arts market collected by TEFAF 2017. announced that global art sales in 2016 rose 1.7 percent or about $ 45 billion. and the Auction House are the biggest contributors to the sale. but the latest info from TEFAF there is a shift. where the largest contributor to the auction house has switched to the private sector either to private sales or dealers. Many global economic factors affect the absorptive capacity of the art. for example diamerika which has the largest art market, based on value. rising equity markets and rising property prices. as well as the unemployment rate have an influence on the purchasing power of someone in the field of art. in 2017 alone. international monetary fund (IMF) increasing US GDP growth expected to 2.3% in 2017 and 2.5% in 2018 as it sees the positive potential and resilience of the art market.
Blockchain technology offers tremendous potential and is in line with the art market as it allows for peer to peer offerings for artists, sellers and collectors and consumers alike. while offering its sales in a transparent manner. this directly minimizes fake artwork and price manipulation in the market. because it used to be the auction house as an intermediary to coordinate its sales. by giving a number of commissions to the auction house. but with the All Public Art platform we no longer need to pay commissions for intermediaries involved in this transaction. and TEAM APA confidently offers the opportunity to be part of the All Public Art . by utilizing the advantages of blockchain technology as an innovation in the art market service that desperately needs something innovative and exciting.
APA uses blockchain as a regulator in their project by using a technology called " Regtech ". the application of such technology covers in the process of auditing, compliance, and supervision of conventional markets. with the use of blockchain as a trade supervisor on the arts market is expected to guarantee the validity of a transaction while ensuring that the art ownership status and identity of the artist are accurate.
APA uses blockchain as a regulator in their project by using a technology called " Regtech ". the application of such technology covers in the process of auditing, compliance, and supervision of conventional markets. with the use of blockchain as a trade supervisor on the arts market is expected to guarantee the validity of a transaction while ensuring that the art ownership status and identity of the artist are accurate.
Token APA and
TOKEN APA's sales program are the core of this project where this new way of being applied is expected to make trade more convenient and effective in exchanging art goods and tracking the artworks themselves. all the implications of blockchain technology from publicly owned artwork will minimize fake artwork. rebuilding trust in the art market. improve services in trade. as well as increasing the economic and social benefits of the global art community.
TOKEN APA's sales program are the core of this project where this new way of being applied is expected to make trade more convenient and effective in exchanging art goods and tracking the artworks themselves. all the implications of blockchain technology from publicly owned artwork will minimize fake artwork. rebuilding trust in the art market. improve services in trade. as well as increasing the economic and social benefits of the global art community.
Token symbols: APA
Supply amount: 800,000,000 APA
30% of all tokens or 152,000,000 will be allocated to the team APA
2% of the total token or 8,000,000 will be allocated to advisors WHAT
60% of all tokens or 240,000,000 will be allocated for platform incentives and partnerships of organizations and institutions and the tokens allocated above will be locked after the token sale expires.
Pre Sale token will take place from 15 - 21 January 2018 this stage aims to build sales momentum token in a brush time to encourage initial investment.
Hopefully this video can provide enlightenment.
For more information about this AllPublicArt Project you can visit the official contact below:
FACEBOOK: https://www.facebook .com / allpublicart
Author by: Kobro
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