ArtCoin is a fine art token backed by an art collection.

Motivation

The ArtCoin Fund is an investor driven collective whose function is to guide the investor through the notoriously opaque art world and its nontransparent dynamics. The use of the crypto currencies will enable the investor in taking advantage of the Smart Contracts platforms for added transparency and protection.

The fund’s objective is to gather information inaccessible to the general investor, to fully capitalize in the art market, while acting as the sole buffer between all art world components and our investors.

The Vision

ArtCoin Fund combines the emotional benefit of collecting with the appreciation of a store of value, the key motivation in any art investment. This is our valued service.

ArtCoin’s approach is rooted in allowing low threshold access to diverse investor groups, initiating widespread global participation in protected anonymity.

ArtCoin Fund acts as an extension of the investor, assuming all responsibilities in removing intermediaries for maximum asset appreciation while conducting arbitrage and ultimately storing value in collectible assets.

ArtCoins

ArtCoins are the currency created by our fund.

ArtCoins are issued with a cap of 750,000 tokens. he value of the tokens were set during the pre-ICO at 0.05 ETH for 1 ACF (ArtCoinFund).

The ICO commences on December 1, 2017, at 00:00:00 UTC at which time 1 ACF will be valued at 0.1 ETH.

51% of ACF were offered pre-ICO; 19% of the tokens are used to buy works of art, therefore introducing ArtCoins as a new benchmark for art exchange.

ArtCoins can be divisible up to 0.0000000000000000001 (18 decimal places) and will be issued through a Smart Contract Token Sale that can be held in an Ethereum wallet ERC20 compatible.

The most important difference between this crypto currency and others is that ArtCoin is backed by a tangible art collection. The fund’s assets backing the ArtCoins will be diversified in a basket of crypto-currencies (ETH, BTC, LTC) and by the artworks that will be independently vetted and appraised.
Read the whitepaper