monart is an international community & marketplace around contemporary art which want to revolutionize the $67 billion a year art market with his business models based on the blockchain.
monart reinvents the art experience to provide innovative art discovery for the art community at large, artists, art lovers, collectors and more.
Monart provides creative business models on the marketplace to allow people not only to buy or sell artworks but also shares of artworks and shares of collection of artworks with his security token (MART). The Token Offering is using security token infrastructure even though it is named a VFA – Virtual Financial Asset – Offering under Malta Law.
The MVP site is opened on invitation with many art innovations and new business models to tokenize artworks.
monart Token (MART) is a Security Token based on revenues with sources of revenues for token holders from our art collection and marketplace transactions
Revenues for token holders
Revenues combine:
– 100% of gross profits from the large monart art collection (purchased with half of the STO proceeds).
– 10% of the marketplace transactions gross profits is also paid to token holders
Token Distribution Details:
Token percentage for investors 66% Community 10%, advisers & bounties 7%, Founders locked up 1 year, 2 year vesting 8%, Reserve for platform, rewards, liquidity 7%, Monart Art Accelerator Initiative 2%
Medium by monart
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