🔥 Project Incubation: Artfi 🔥

FireStarter
FireStarter.fi
Published in
3 min readFeb 24, 2024

Artfi is an art-technology company with a mission to democratize the $1.7 trillion fine art market. By leveraging the power of NFTs and blockchain technology, Artfi enables collectors to own a stake in valuable works of art.

The company is developing fine arts NFTs that represent iconic blue-chip artworks created by world-renowned artists such as Picasso, VS Gaitonde, M F Husain, Sacha Jafri, and Banksy, among others. Blue-chip artworks are crafted by established and celebrated artists.

Endorsed by royalty and industry leaders, including Princess Hend Al Qassemi, Landmark Group shareholder and director Mr. Raza Beig, and several high-net-worth individuals (HNIs) executives, Artfi is gaining significant support and recognition.

🎥 Must-Watch Intro Video 👇

https://www.youtube.com/watch?v=pIQdUxQSB8Q&feature=youtu.be

How Artfi works

The Artfi platform enables the tokenization and sale of fine art pieces. The platform can tokenize high-value paintings on behalf of an artist before listing them on the platform for sale. These tokenized art pieces can be sold as fractional NFTs, making it easier for investors to own a piece of the art. The platform operates by allowing users to connect their crypto wallets directly, thereby facilitating purchases without the need for intermediaries or middlemen.

🔥 Notable Milestones & Achievements 🔥

$20 Million in TVL, featuring works from V S Gaitonde, Sacha Jafri, M F Husain, and others

✅Strong presence across multiple chains and a 300K+ strong community on social media

✅ Funding & Esteemed Investors: $3.26M raised in our latest round, supported by top-tier investors and influential figures

✅ Strategic collaborations with DWF Labs, Gains Associates, CertiK, Kairon Labs, Marketacross, Binance Pay, Hayvn Pay, OQX, Thirdweb, Arcana.

Backers & Partners:
Royal and industry endorsements from Princess Hend Al Qassemi, Dubai-based Landmark Group, Mr. Raza Beig of Splash Fashion and Centrepoint.

🔷 Ecosystem

ArtFi ecosystem comprises four transformative components:

🌿 Real World Asset (RWA) Tokenization: Transforming fine art into NFTs on the EVM chain and Ordinals on Bitcoin chain using the BRC-20 standard. Revolutionary! 🖼️

🌿AI-Driven Marketplace: A dynamic platform promoting both primary and secondary markets, with a focus on royalty enforcement for fractionalized assets🤖

🌿Dubai Art Gallery: Our physical space for displaying the art backing fractionalized assets, with $20 million in TVL secured for the Genesis Launch🏛️

🌿Experienced Team: Art aficionados with over ten years of expertise, committed to bringing art into the blockchain and collaborating with leading galleries globally🌎

Token Economy

🔸 $ARTFI token is your gateway to exclusive Revenue Sharing & Token Burns that supercharge value.

🔸 Buy Back & Burn: 30% of revenues go towards token burning, amplifying your stake 📈

🔸 NFT Marketplace, Stake & Earn, Deflationary Asset: A robust, value-driven token economy

Learn more here:

https://youtu.be/RDwPQD0_3oo?feature=shared

🔸TGE: Mid March

Go to Market

🔸 Phase1

Launched Genesis Airdrop Pass (GAP) and its campaign on 17th February and is live on Galxe till 26th February, so far over 50k pass minted, over 120k on discord, over 60k on Telegram and over 285k on Twitter.

Polygon scan link 👇https://polygonscan.com/token/0xcb4f0d6efafc99e4548c1d982f04e9efe8624ad6

💻 Dive deeper and become a part of the ArtFi revolution:

Website | Blog | Pitch Deck | Whitepaper | Telegram | Discord

Stay tuned for allowlist announcement …👀

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