Close to 10.000 computers or “nodes” each having the full copy of all transactions, storing information in Blocks, linked to form a Chain, hence the Blockchain!
Each artwork is secured on the Ethereum Blockchain as an ERC721 token.
Each transaction is stored securely and indefinitely on the Blockchain.
Smart contracts allow for automatic transactions between stake holders.
With fractionalized ownership through tokenization, monart’s trading platform launches the equivalent to IPOs for companies proposing IAOs «Initial Art Offerings».
The growing contemporary art market is highly illiquid and only accessible to a limited number of wealthy individuals and institutions.
With monart, you can start with 100 euros.
monart invents new ways to finance Art by allowing a large number of art lovers and investors to participate, starting at 100 euros.