Another Advantage: Eliminating Exchange Fees

With the evolution of technology, we see a ripple effect across all the industries of the world. Blockchain technology is notably one of the best solutions for “go-getters” to make an easier buck. Portion is the first of it’s kind, taking the world of art and infusing it with blockchain and cryptocurrency technology giving artists a bigger voice and collectors a better opportunity.

Da Vinci never saw a substantial amount of money for his work, but now you can. Thanks to a decentralized transparent distributed ledger on Portions blockchain it is easier than ever for artists to sell their work, and collectors to buy that work on a peer-to-peer network using Portions native token, Porti.

When an artist posts their work on the Portion blockchain it is examined and given a blockchain certificate of authenticity. It can then be auctioned to the highest bidder using the Porti token. By implementing the Porti token through ERC-20 means it has a built-in smart contract eliminating the need for a middleman. Thus safeguarding profits owed to the artist. The combination of blockchain and Porti token ensures the bidder has the funds to purchase the art, seamlessly settling the transaction with no hidden fees on either side. This process ensures the artists get what they’re entitled, and the collector receives the highest quality art.

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