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The Art Industry Could Enter Web 3.0 Sooner Rather Than Later Thanks To ARTIC

Published 04/01/2022, 09:11 AM
Updated 04/01/2022, 09:30 AM
The Art Industry Could Enter Web 3.0 Sooner Rather Than Later Thanks To ARTIC
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The DeFi industry is currently one of the most prominent in the entire planet. Not only have crypto, NFTs, and the metaverse all lately soared in popularity, but the art world has also grown more entangled with these new and emerging technologies and activities. To that purpose, ARTIC seeks to usher the present art sector into the Web 3.0 age, with all of the tremendous possibilities and advantages that this inevitable change entails.

But what is ARTIC anyway?

Naturally, prior to investing in something, it is typically a good idea to understand precisely what it comprises. ARTIC, like every good endeavor, is made up of a few important elements. The ‘NFT Marketplace,’ a ‘VR Gallery,’ and an ‘AI Center’ are among them. Likewise, the platform features an easy-to-use and consumer-friendly design that is centered on offering the greatest user experience possible. ARTIC’s initiatives enable important players in the art ecosystem, such as users, writers, and art advisers, to participate, exhibiting the art sector’s continuing upstanding cycle.

The NFT marketplace is a step forward in the art trading ecosystem. It is a location where customers’ artworks, as well as a range of works needing ownership security, are sold. The VR Gallery is an art exhibition and a virtual environment where artists may present and sell their work regardless of time or location. Following that, the AI Center offers a range of art pieces. It is a venue where art advisers link clients with authors, as well as specialized AI matching services such as the selection of works based on personal preferences and options that enable users to display desired artworks in any area at any time.

ARTIC’s overall mission

ARTIC’s team is made up of highly skilled IT engineers, art consultants, designers, as well as other professionals with an average of more than two decades of relevant expertise. The ARTIC team intends to use blockchain technology to address commonly faced issues such as copyright violation, counterfeiting, and provenance, all of which have long stymied the global art market’s advancement.

ARTIC’s key aims for solving these current challenges are as follows. To begin, clients should be able to create or request appropriate artwork and purchase it without the participation of any intermediaries. Second, regardless of time or location, any artist should be able to display their work digitally and sell ownership of their artwork, which is safeguarded via the NFT. Third, art advisers should be compensated for their efforts in providing customers and writers with knowledgeable remarks, feedback and constructive criticism on their artwork.

What role does crypto play in all this?

Cryptocurrencies are a fast expanding sector, as is common knowledge by this point. ARTIC also makes use of this technology, since it is an Ethereum (ETH)-oriented utility token that can be utilized inside the platform’s respective ecosystem. ARTIC tokens may also be purchased on various crypto exchanges or earned as reward units by participating in certain ARTIC platform activities. ARTIC tokens can be used by ARTIC ecosystem members to request or buy artworks from the NFT Marketplace as well if desired. Finally, ARTIC tokens are also a necessity to access the VR Gallery and AI Center’s functionalities.

The incredible thing aspect of ARTIC tokens is that they may even be used to pay platform fees and for unique services that are only accessible to users who have a specific quantity of ARTIC tokens in their disposal. By accessing the ARTIC platform and partaking in different economic activities within the network, users, writers, and marketers help to improve and safeguard the value of ARTIC tokens. Last but not least, ARTIC’s token economy supports payment and staking, along with the platform’s very own DAO. There is certainly a lot that this token can do.

In the end, is it all worth it?

The most important thing to remember is that ARTIC is a blockchain-based art gallery platform that ‘assetizes’ various works of art through its distinct NFT ecosystem. Using blockchain technology is thus an integral part of persuading people to plausibly reconsider their notions of artworks by supplying tangible and intangible services which can ultimately lead to the exhibition of both foreign and local artworks, as well as having an effect of adding on the activation of different exchanges with artists all over the world.

Through the design and development of supporting software, blockchain technology supports effective commerce and convenience in high-quality artworks, contributing to the ever-expanding basis of advanced art culture. ARTIC also works alongside Gallery 360 among other noteworthy companies, resulting in a useful and cutting-edge platform that is definitely worth checking out.

Disclaimer:CoinQuora does not endorse any content or product on its page. While we aim to provide you with all relevant information that we could obtain, readers are encouraged to do their own research before taking any actions and bear full responsibility for their decisions. Please note that this article does not constitute investment advice.

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