 | Maecenas (ART) |
Status
ICO
The Decentralised Art Gallery. The open blockchain platform that democratises access to Fine Art.
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Ticker
ART
What is Maecenas
Maecenas uses blockchain technology to create tamper-proof digital certificates linked to pieces of art. Uses a "Dutch Auction Process", providing a much fairer and transparent pricing mechanism. Breaks down artowroks into thousands of certificates, similar to how a public company issues shares, allowing many to have access to this market.
Funding Details
Funds Raised (as of now) 15,750,000 USD
Token distribution
Total: 100mln. Sold at ICO: 30mln. 30M: to be kept in a liquidity reserve fund to be used by Maecenas to guarantee liquidity during the art auctions 20M: incentivise galleries, museums, art asset managers and other partners 20M: To reward and incentivise the current and future Maecenas team of experts and advisors. Use of Sale Proceeds: Research & Development: 35% Sales & Marketing: 20% Legal & Compliance: 20% Art Collection & Funds: 15% Operations: 10%
Token Price and Payment Options
Token price USD 1 ART
= 0.66 USD
Accepted Currencies ETH
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