Monart Token Offering is using security token infrastructure for security, KYC (Know Your Customer) & AML (Anti Money Laundering) but the token is a VFA – Virtual Financial Asset – Offering under the law of Malta, a European Union country with one of the most advanced Crypto legislation, were the token offering is registered.
A token, also called a coin, is a digital currency that STOs* issue. When participating in STOs*, you get tokens that offer the many different usages depending on the STO*. In general, tokens can serve as a surrogate for cash to buy, trade, exchange, participate to the STO* project. A token or a coin is a cryptocurrency unit issued during an STO*. Buying certain amount of tokens allows the investors to help crowdfund the project. Every STO* issues a fixed amount of tokens/coins meant to be used also a potential source of profit once it goes on exchanges and/or as the currency is used extensively inside the project (purchases, service payments, etc).
An exchange is a system (website or application), where you can buy and sell any cryptocurrency (token) for another one or for usual FIAT currencies ($, €…) at the current market prices. The prices move based on supply and demand, shown by traders.
- How do I sell my coins?
Coins are sold at exchanges, see above.
- How long until the coins are listed on an exchange?
Time to get the coins listed at the exchanges varies depending on each exchange. monart will work with different exchanges after the STO* to have monart token listed with them.
- What about the user’s wallet
Each user registering at monart’s community is offered a free digital secure wallet to store the monart coins. This wallet is available on PCs, tablet and phones. Those coins can be traded for other digital currencies or usual currencies at exchanges, see above.
A White Paper is a technical document, which is drawn in a free format by the project team. Generally, this document offers a complete description for the project: its concept and advantages as compared to similar projects, team and roadmap. monart initial White Paper is available for the private sale, is reserved for investors investing more than 100.000 euros. Subscribe to the newsletter to stay informed.
monart token offering sells monart coins to be used to get large revenues from an art collection and from transaction on the online gallery. In addition, it is possible to purchase and sell artworks, promote artists, participate to great events by monart and by partner institutions, and much more.
monart aims to disrupt the art market to allow you to participate directly. monart token offering will further develop the large global art market, today a 63 billion $ yearly market, with a strong community and real multiple innovative usages to let everyone participate to the art market.
By participating to monart’s token offering, you reserve your seat to participate and benefit from this new art market.
In addition, the monart coins value will increase with the growing community and the growing usage of the monart coins.
monart has the international presence and experienced international team to launch this token offering and succeed to develop this new art market entrance and community.
Artists and community members have their identity checked by monart to ensure trust and reliability. Community members can stay anonymous to the outside if they wish. Confidentiality of all data are protected and data are never sold or rented.
ROI stands for “return on investment”. It is a ratio used to measure the investment profitability or compare the efficiencies of several different ongoing projects. Once the monart coins are trading on exchanges, see above, it is possible to calculate ROI between purchase and current monartcoins prices.
monart is a global company from the start, spanning the globe and based in all the important art territories.
Since centuries, France is leading the world in terms of art, culture and “art de vivre”. At the same time, France has a long scientific and tech culture. The mix of these two tends produce a unique mix allowing for talented disruptive art & tech initiatives as monart.
The monart headquarter corporate entity is based in Paris, France.
Major US companies have large engineering team in France, Facebook, Google, etc. IBM has already since decades and is just opening a new R&D center in France around cybersecurity.
Macron, the new French president is very business oriented with tax breaks for companies, etc.
As Token holders, potential taxes depend and are paid in your country of residence, not in Malta or not in France.
France has long been a very favorable tax haven for R&D. The French government provides generous tax breaks for R&D developments. Many start-up and companies use this with sometime marketing and sales in the US and R&D in France.