A London based art specialist company has developed a unique platform for showcasing quality artwork, past and present, from across the world. The service provides a gallery experience through the internet and utilises technology to keep art pieces in their original shape and ratio.
David Bowie was a pop music icon to many, but how many people know he was also involved in innovation in the world of finance? Back in the mid-1990s, David Bowie, along with his financial manager Bill Zysblat, and banker David Pullman came up with a new structure to generate cash from Bowie’s extensive catalogue. The structure, dubbed “Bowie bonds”, awarded investors a share in his future royalties for 10 years.
Today, the adoption of blockchain and decentralised business structure has resulted in a slight change in the underlying terminology – so instead of securitisation, the term that is now in vogue is tokenisation. By tokenising an asset, an artist is then able to reach the fast growing crypto-community in a completely peer-to-peer, frictionless, non-regionalized and more importantly universal distribution environment.
Welcome to the new decentralized business structure which will completely revolutionise the entertainment and while music, as well as film industry is seen as front runners to lead the way in adopting blockchain, art sector is another hot favourite. There is now a new name on the block- 'Owlstand' – an online viewing platform with a passion for sharing new and contemporary art around the globe. the team has decided to utilise blockchain technology and tokenise some aspect of the project. In simple terms, Owlstand is migrating their ownership system from traditional paper contract to Ethereum blockchain, issuing ERC20 tokens as a utility for users to use the website and for shareholders to gain dividends from cryptocurrency trading. Find out more using this link https://www.owlstand.gallery/
