PRESS RELEASE. The ARTIC group plans to use blockchain technology in order to address current problems such as copyright infringement and counterfeit difficulties. These are long-standing obstacles to expanding the global art market.
ARTIC has three main objectives to overcome these difficulties. First, the consumer should be able create and request art pieces without intermediaries. The second is that artists should be able to display their work online and sell their artwork. This is protected by the NFT. Art consultants should be able to provide expert opinions on artwork to customers and writers and receive compensation for their efforts.
What are the main components of ARTIC?
ARTIC is comprised of three main aspects: a NFT Marketplace_, a VR Gallery_ and a AI Centre_. The platform has a user-friendly interface, which aims to provide the best user experience. ARTIC’s initiatives encourage the engagement of key players in the art ecosystem such as writers and customers. This showcases the art industry’s virtuous circle.
The NFT marketplace is an extension of the art trading system. It houses artworks that customers have requested or created. Also, it is home to diverse works that need ownership protection. The VR Gallery is an art exhibition. The VR Gallery is a virtual space where artists can display and sell their works without restrictions on time and location. The AI Center provides diverse art content. The AI Center is where art advisors can link customers with authors. It also offers specialized AI matching services, including AI selections based on personal preferences. This allows users to hang their desired pieces wherever they like.
ARTIC token
ARTIC is a utility to token based Ethereum ( ETH). It can be used within the ARTIC ecosystem. ARTIC tokens may be bought on compatible cryptocurrency exchanges, or earned by participating in ARTIC platform activities. ARTIC tokens can be used by ARTIC ecosystem members to request or buy artworks on the NFT Marketplace. ARTIC tokens can also be used to access the VR Gallery or AI Center features.
ARTIC tokens can be used to pay platform fees and access additional functionalities that are available only to ARTIC token holders. ARTIC tokens are preserved and increased by consumers, advertisers, and authors using the ARTIC platform. ARTIC’s token economy includes payment and staking functions, as well as its own DAO, (Decentralized Autonomous Organisation).
What do you think about partnerships?
ARTIC also has partnerships. Gallery 360, an intelligent platform that lets users explore a variety of artworks online, is a key partner to ARTIC’s continued development. Gallery 360 has sold over 145.6 billion artworks in South Korea by May 2021. It is expanding its business with VR exhibition rental solutions and an AI paint app powered AI, drawing preview and online services.
Six patents from South Korea, two technical data and four foreign patents have been applied to the platform. They have laid the foundation for entry to the global market through agreements with New York Chelsea K&P Gallery, Archidraw, Inc., China VR CORE, Amazon, and global companies Archidraw, Inc.
About ARTIC
ARTIC, a blockchain-based platform for art galleries, uses its own NFT ecosystem in order to “assetize” various works of art. Blockchain technology is a key component of encouraging people to rethink their perceptions about artworks. It offers tangible and intangible services that can be used to exhibit artworks from all corners of the globe. This can also help to facilitate exchanges with other artists around the world. Blockchain technology facilitates trade and convenience in high-quality artworks by enabling the development and design of software. This also contributes to an ever-growing art culture base.
You can find more information on ARTIC’s website, as well as the official Twitter, Medium and Telegram channels.
