BARTVault (ARTZ)ICO BARTVault enables artists and art owners to protect their art through encrypted ‘Provenance Tokens’ on the blockchain. The Tokens prevent altering of vital information of art assets and their chain of custody. IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
|
What is BARTVault
- Multicurrency Acceptance: The BARTVault platform accepts all currencies including Fiat currencies.
- Tokens for Art Assets: Provenir Tokens are encrypted Provenance certificates and are an alternative to the `exhaustive paper trail used to prove the authenticity and ownership of art.
- Smart Contracts: Transactions related to permanent or temporary transfer of custody and/or ownership of the Provenir Tokens are governed by escrow smart contracts that record all events in the life cycle of an art.
- Token for Derivatives: the Provenir derivatives token (PDT) encodes usage rights and permissions to the art asset.
- Arbitration and Claim of Ownership: the arbitration algorithm selects arbiters and the outcome is decided by a majority of votes.
- Open API for connected market': exchange with other external art commerce platforms, partners, and agencies with an interest in expanding the art market.
DetailsPre-sales: May 03, 2018 - Jun 03, 2018Public sales: Jun 03, 2018 - Jul 15, 2018 Pre-sale token supply: 91000000 Token supply: 245000000 Soft cap: 5,000ETH Hard cap: 16,860,800 USD(fiat) LegalCountry limitations: China, Japan, United StatesBountyBounty: 5%Translation: 15% Social media: 20% Bitcoin talk signature campaign: 30 % Other: 35 | Token infoTicker: ARTZType: Utility-token Token standard: ERC-20 Token price in USD: 1 ARTZ = 0.00832225 USD Token price in ETH: 1 Token = 0.000013 ETH Accepted currencies: BTC, ETH, LTC, DASH Bonus program: Pre-Sale 40% Pre-ICO 30% ICO Week 1 20% ICO Week 2 15% ICO Week 3 10% Rest of the ICO 0% Token distribution: 50% Public Allocation 15% Founders, Management & Investor 13% BARTVault Developer Team 3% Advisors and Early Supporters 5% Bounty Program 14% Reserve Allocation Funds allocation: 40% Research & Development 25% Marketing & Sales 17% Admin & Operations 6% Legal & Compliance 12% Contingency |
BARTVault Roadmap
Launching the token pre-sale.
Launch of token crowdsale (ICO) and listing on a top exchange.
Release of BARTVault features to enable art owners to register and upload art.
Release of Beta BART/APIs for partner services network- Print, Photo labs, Framing, Storage services. Implementing the mechanisms of arbitration.
Implementation of additional smart contract features of (a) leasing art for a specific period of time (b) purchasing artwork on an 'installment plan'. Implementation of community governance mechanisms.
Implementation of additional smart contract features: (a) enabling a group of people to own shares in art on a timeshare basis (b) implement Shares in Art (SIA) features to Provenir Tokens.
Release of Beta of Enhancements Framework to our Technology Platform to test transition of appropriate fully decentralized services managed and operated by the BARTVault user community.
Release of Reputation portability to allow experts / appraisers and other participants to certify their BARTVault reputation to other services using Blockchain technology.
Mobile Blockchain applications with Decentralized exchanges (subject to successful launch of projects such as EtherDelta, EthFinex, Lykke, OmiseGo, KyberNetwork, VariabL etc.)