4ERTechnology platform
ICO is the initial step for platform development. during this period, the ICO was made a tool for the publication of tokens / coins and platform development fundraising. One platform that is implementing ICO is 4ARTechnology.
4ARTechnology is a Blockchain based platform to bring greater transparency, security and process efficiency to the world of art. This platform uses patented "Additional Authentication" technology available through our unique technical partner, Atlantik Zeiser GmbH.
Through additional authentication technology, users can record "prints" of art on the blockchain along with all important information about history / origins, this technology makes art works basically unreasonable to be registered. No need for anything other than a standard smartphone, the first solution of its kind. not only fighting the problem of art fraud, with additional authentication technology will provide use cases that are very relevant for all players of the art world. The use of authentication technology is based on problems that often occur today, these problems are;
Image authentication. As image authentication is done manually, it is vulnerable to human error, expensive and time consuming.
Documentation. Historical and original recordings are central to image assessment and authentication, but these are often incomplete, easily faked and not stored safely.
Reporting conditions. Reports of complicated and expensive conditions either taking human effort or large scanners. Owners often ignore it, even though they are central to image assessment and insurance purposes (for example in the context of transactions / transportation) It is almost impossible to identify those responsible for damage to an image (eg in the context of gallery loans: whether damage occurs during transportation or exhibition)
Recovery. There is no standard recording (and safe storage) of restoration activities along with other vital statistics of artwork, namely history, origin, and condition reports.
Logistics & transportation. There are currently no trace & transportation tracking solutions usually underinsured.
Intellectual property rights. Because of the transparency around the image transaction, artists cannot get royalties from reselling their work.
Collection management. The absence of an effective digital solution means that managing a large collection of individual documentation / reporting conditions to coordinate restoration work requires a lot of time and effort.
Solution from 4ARTechnology
Solution 4ART technology combines the superior security of the blockchain with "augmented authentication" technology to overcome the most pressing problems in the industry while creating value for all artists.
4ART technology allows for authentication of the physical image itself. The "additional authentication" technology that will be displayed in the mobile application makes verification quick and easy.
4ART technology helps with creating condition reports and restoration.
4ART technology uses a combination of cataloging and blockchain-based transaction platforms with "augmented authentication" software to make a variety of wider use cases outside the authentication of artwork. This creates value for all industry players, including those excluded by the current solution.
Benefits of 4ARTechnology
All users of the platform are verified based on KYC standards that comply with regulations
Artwork owners (personal or institutional) benefit from increased investment security and convenient solutions for managing their portfolios
The condition report (which accompanies any transaction) can be easily made on a smartphone and is now feasible to add security to any transaction, from selling artwork to shipping or insurance offers
Logistics and transportation providers benefit from track & trace functions
Underinsurance is no longer a problem because works of art can be easily and quickly registered individually, rather than through bulk estimates (as is often the case)
Artwork conservators and restorations can record details of their work and / or access details of previous restoration or conservation activities
Artists will be able to earn royalties thanks to the record of resale in the art chain block passport.
ICO Period 4ARTechnology
ICO is the stage of publication of the 4ART token. this is the core of the 4ART ecosystem and the means of payment for every service or sale made on the platform. The ICO period on this platform is ongoing, you can visit www.4artechnology.io to purchase a 4ART token. The ICO continued to be accompanied by consultants from law firm Reichlin Hess, a legal consultant and tax consultant, based in Zug / Switzerland. Above all, they take care of decisions with authorities, such as the Swiss Financial Market Supervisory Authority (FINMA) and the tax authority.
The following is the detailed information of ICO 4ARTechnology;
Coin name = 4ARTechnology
Symbol = 4ART
The 4ART coin runs on the Ethereum blockchain that complies with the ERC 20 standard.
Coin supply = 6.5 billion 4ART
Coin supply for the ICO period is 26.23%. will be available for three stages of ICO: Closed ICO (min. Invest 500 €, phase 1 ICO and phase 2 (min. Invest 100 €), and ICO (min. Invest 100 €).
The 4ART coin price is set at € 0.08 for closed group sales, at € 0.10 during phase 1 of the Pre-ICO stage, at € 0.20 during phase 2 of Pre-ICO and at € 0.30 during the ICO stage.
The minimum investment for each group is € 100.
Your Contribution
Any crypto or fiat currency to be invested on the 4ART platform must be exchanged in advance on a 4ART coin. For this, this platform offers easy payments via credit or debit cards. For contributions, you can visit the www.4artechnology.io link. For the latest information about this platform, you can visit the official media channels attached below this article. I will attach the team information and ICO roadmap.
