COART Weekly (October, 22)

Ineta
COART
Published in
2 min readOct 22, 2018

Welcome to art lovers, retail investors, blockchain enthusiasts and casual visitors! We have decided that we should bring back the tradition of publishing weekly progress reports in preparation for the launch of the COART platform.

So, recently there have been many interesting events! Let’s analyze them in order. Firstly, we have finally decided on how to position our project. Now COART is the open source Platform for art investment; online art fair for sale of different art; special technical algorithm for tokenization, identification and art-asset management, based on EOSIO-software. All these provisions are disclosed in our updated White Paper, which we strongly recommend to read.

White Paper Preview

We paid special attention to the following points:

  • What’s the value of COART? The target audience and why do we need blockchain.
  • General Art Market overview
  • Problems of the Art Market and how do we solve them
  • Non-profit mission of COART
  • COART Use cases
  • COART Ecosystem
  • Technical Infrastructure
  • Tokenomics
  • Legal part of COART
  • Roadmap (short version); Project funding (pre-seed, seed & series A rounds)

We are convinced that the updated White Paper is really meaningful. It simply explains the basics of our idea, which hides an integrated approach to change the global art market.

Secondly, not long ago it was publicly announced that COART will become the first blockchain platform for the art market based on EOSIO software and Bancor Protocol.

Bancor has put COART to the number of their new partners. This happened at EOS hackathon recently held in London where a strategic partnership between EOS and Bancor was announced. Now we are pleased to announce that COART is launching its EOSIO Platform with the integrated Bancor protocol in the 1Q 2019!

We are also pleased to announce that the composition of the team working on the project has been finally formed. Very soon we will make a detailed post with the presentation of each team member.

We have also launched a PR campaign in social networks (Facebook, Twitter, LinkedIn). By the way, COART ambassadors working in different regions of the world and representing our project will be connected very soon.

In the near future there will be a lot of news about our project! Together we can make everything much better and faster for the benefit of all. Keep in touch and join our social networks :)

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