LiveArt: Revolutionizing Art Investment with Fractionalized NFTs

LiveArt is a protocol operating within the Real-World Assets (RWAs) landscape, offering a solution for tokenizing and fractionalizing artworks into blockchain-based assets. By creating accessible NFT collections, LiveArt aims to democratize access to high-end art for a wider audience. Future plans include integrating DeFi activities like lending/borrowing, trading tools, and derivatives into the platform, further enhancing the utility and diversifying use cases for user-owned NFTs.

LiveArt’s Core Features: Bridging the Gap Between Art and Blockchain

LiveArt’s most prominent feature is its Fractionalized Art solution. This addresses a significant barrier in the traditional art market: the high cost of blue-chip artworks, limiting accessibility for smaller investors. By dividing iconic pieces valued between $1 million and $5 million into smaller, tradable NFTs without diminishing their overall worth, LiveArt opens the high-end art market to a broader audience. The platform boasts several other key features:

  • Private Sales: Enables artists to submit and sell their artwork.
  • Trading Floor: Facilitates the buying and selling of art based on individual needs.
  • Art Price Database: Provides market insights and artist information via LiveArt Analytics.
  • Launchpad: A platform for buying, selling, and trading art NFTs.
  • Fractionalized Art: Allows for the division of NFTs into smaller, more affordable fractions.

Private Sales: A Streamlined Process for Artists

LiveArt’s Private Sales allows artists to seamlessly submit their work for sale. The process involves:

  1. Submission: Artists submit details about their artwork, including price, materials, and style. LiveArt experts then verify the information and establish agreements.
  2. Automated Showcase: AI technology automatically generates dedicated presentation pages for each artwork. Interested buyers can request demos.
  3. Automated Qualification: Based on buyer engagement, the platform identifies the top five potential buyers and suggests appropriate pricing. Upon acceptance, LiveArt connects with the artist to finalize the price and complete the transaction.

LiveArt emphasizes transparency and provides supplementary services like shipping and storage to ensure a secure experience for both buyers and sellers.

Trading Floor: Connecting Artists and Collectors Globally

The LiveArt Trading Floor connects individuals and businesses with artists worldwide. Users can search and filter artwork by preferences like portraits, sculptures, abstract styles, and caricatures. Sellers can leverage buyer search data to create targeted pieces, facilitating a seamless transaction process. Artworks traded on the platform typically range from $50,000 to $5,000,000, with over 20 million pieces reportedly traded to date.

Art Price Database: Leveraging Data for Market Insights

The Art Price Database provides users with comprehensive art market data, including market capitalization, sales figures, and artwork valuations. AI-powered tools offer predictions and real-time asset pricing. Drawing from over 10 million galleries worldwide, with data spanning from 1986 to the present, the platform offers users a global perspective on the art market. It also features information on prominent contemporary artists, helping users stay informed about trends and influential figures.

Launchpad: Your Gateway to Art NFTs

The Launchpad connects Web3 users with art NFTs, offering three distinct categories:

  • LiveArt Labs: NFT collections developed in-house.
  • Fractionalized Art: NFTs representing fractions of high-value artworks.
  • LiveArt Studio: NFTs tokenized from works by collaborating artists.

LiveArt Studio notably collaborates with renowned artists to transform their pieces into NFT collections, expanding commercial opportunities for artists and introducing high-end art to the Web3 community. These collaborations feature established artists with high-value works, such as Yue Minjin, a prominent Chinese contemporary artist whose pieces have sold for 9 ETH on the platform.

Fractionalized Art: Democratizing Ownership of Masterpieces

Fractionalized Art empowers users to purchase portions of high-value artworks at lower prices. This democratizes access and allows more people to own a piece of iconic art. The process involves selecting artworks suitable for division without compromising value, then fractionalizing them into 1-4-9 shards, each containing multiple tiles depending on the artwork’s characteristics. These shards are then auctioned, allowing participants to bid on and acquire partial ownership.

LiveArt Pass: Your Exclusive Membership to the Art World

The LiveArt Pass NFT collection functions as a membership card, granting holders exclusive benefits. Uniquely, the Pass dynamically changes color over time based on the holder’s on-chain transaction data, visually representing their art collecting journey. Benefits include:

  • ART token airdrops
  • Early access to LiveArt Studio collections
  • Participation in cultural and educational community events

Currently, the LiveArt Pass floor price ranges from 0.025 to 0.03 ETH on OpenSea and MagicEden.

Beyond its core features, LiveArt provides game developers with art-related IP assets like characters, settings, and storylines created by collaborating artists, streamlining game development. LiveArt reports impressive metrics:

  • Over 10 million user wallets
  • 1 million weekly active wallets
  • 2 million minted NFT collections

The LiveArt Token (ART): Powering the Ecosystem

LiveArt Token Information:

  • Name: LiveArt
  • Ticker: ART
  • Standard: ERC-20
  • Type: Utility
  • Total Supply: 1,000,000,000 ART

LiveArt Token Allocation:

  • Ecosystem Development: 32%
  • Team: 15%
  • Private 1: 12%
  • Staking: 10%
  • Strategic Reserve: 10%
  • Operations: 7%
  • Liquidity: 5%
  • Private 2: 3%
  • Public: 3%
  • External Advisors: 2%
  • Airdrop: 1%

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ART Token Sale:

  • Dates: November 20-22, 2024
  • Funds Raised: $300,000
  • Platform: Magic Square

The Team, Investors, and Partners Behind LiveArt

The Team: Experience in Art and Technology

LiveArt is led by experienced professionals in art and technology:

  • Boris Pevzner: Co-Founder and CEO, with a background in tech startups like Xfire, Collectrium, and Carggo.
  • Adam Chinn: Co-Founder and Chairman, with experience in art-focused companies like Art Intelligence Global and International Art Finance.

đội ngũ dự án liveartđội ngũ dự án liveart

Investors and Partners: Strong Backing from Industry Leaders

On March 15, 2022, LiveArt secured $4.5 million in seed funding led by Binance Labs, Animoca Brands, and KuCoin Labs. Other participants included HashKey Ventures, OKX Ventures, and Shima Capital.

Similar Projects in the RWA Space

  • Ondo Finance: An RWA protocol enabling users to collateralize traditional financial instruments and mint project-issued RWA tokens.
  • Prestige: An RWA protocol tokenizing exclusive or high-value artwork for broader accessibility.

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