Artfi
Artfi is an art technology company on a mission to democratize the $1.7 trillion fine art market. By harnessing the power of NFTs and blockchain technology, Artfi allows collectors to own a stake in valuable works of art.The tokenization of real world assets will be a defining trend of the next decade and Artfi is at the forefront of this process. We fractionalize physical works of blue chip art so that they can be collectively owned by token holders around the world.
Artfi is an art technology company on a mission to democratize the $1.7 trillion fine art market. By harnessing the power of NFTs and blockchain technology, Artfi allows collectors to own a stake in valuable works of art.
The tokenization of real world assets will be a defining trend of the next decade and Artfi is at the forefront of this process. We fractionalize physical works of blue chip art so that they can be collectively owned by token holders around the world.
The Artfi token will be used for NFT marketplace payments, to reward stakers, and as a deflationary store of value asset designed to appreciate as the company grows and uses its revenues to burn the fixed supply. Artfi’s profitable consignment-based business model is structured to accrue value to the Artfi token.
The main purpose for someone to hold the Artfi token is to benefit from a hard-capped deflationary token whose value reflects Artfi’s ability to generate current and future revenues.
Artfi will earn revenues from commissions on consignments of artworks to be fractionalized and sold as NFTs, along with artworks deaccessioned from the Artfi collection which are resold at a future date.
Artfi will allocate 30% of its revenues from commission fees earned on consignments and artwork sales to the token burning program.
The burning of tokens is the best way for Artfi to distribute its revenues amongst token holders and encourage early entry into the token. By decreasing the number of Artfi tokens in circulation, every token holder’s percentage of the overall supply will increase.
As the company grows and takes in higher revenue totals each year, the amount of Artfi tokens bought on the open market and burned will increase. This revenue distribution model based on the burning of tokens from a fixed supply could create an exponential price appreciation trajectory.
Artfi is an investment platform that allows purchasing (and trading) of fractions representing an investment in iconic blue chip artworks of world-famous artists. is on a mission to democratize the $1.5 trillion fine art and collectibles market. is making it possible for nearly anyone to enjoy the financial benefits of investing in million-dollar works of art and having access to an alternative asset class for portfolio diversification
https://artfitoken.io/Artfi-whitepaper.pdf