Sep 1, 2021

5 min read

AMA Session with Freya Fu from CryptoArt.Ai (CART)

Guest: Freya Fu, CMO of CryptoArt.Ai
Host: Iris of MEXC Global

Introduction:

Iris: Today, we’re honored to have Freya Fu, CMO of CryptoArt.Ai, to our community to give us a more intuitive introduction to their unique project.

Freya, welcome. Would you like to say hello and introduce yourselves?

Freya: Hi, MEXC users！ I’m Freya Fu.

Cryptoart. Ai ($CART) is currently the largest decentralized NFT crypto digital art trading platform in Asia, integrating NFT generation, sales, auction, collection and transfer.

「The media」

🔹 Public number: CryptoArt/NFT encryption art

🔹 Twitter:https://twitter.com/CryptoArt_Ai

🔹 Telegram: https://t.me/cryptoartai

🔹 Medium: https://cryptoart-ai.medium.com/

🔹 Discord: https://discord.gg/KYedQpatHs

🔹 Instagram:https://www.instagram.com/cryptoart.ai/

Questions about the project

Q1

Iris: What is CryptoArt.Ai? Can you share with us more in detail?

Freya: CryptoArt.Ai is Asia’s largest NFT crypto art trading platform, allowing any users to create and display their own works, and own the ownership of the NFT. It is committed to cultivating emerging artists, empowering art with blockchain technology, and exploring the possibility of interaction between contemporary art and digital media. The platform integrates casting, sales, and collection of NFT encrypted artworks. There are currently 881 artists in residence from more than 40 countries and regions around the world, and the sold-out rate of works exceeds 60%.

Q2

Iris: What are CryptoArt.Ai’s unique selling points as compared to other similar projects in the industry?

Freya: The unique advantages of CryptoArt.Ai can be summarized in the following three aspects:

Focusing on the field of art, combination innovation model of DeFi+NFT, and igniting the crypto market

Compared with OpenSea and other platforms covering digital art, encrypted collectibles, game items, virtual land, domain names and other fan-absorbing fields

CryptoArt.Ai is more focused on the development of encrypted art itself and derivative businesses, but also a unique link between the artist and the collector.

NFT is the main body of his work recognized by the artist.

Q3

Iris: What are some of the challenges that CryptoArt.Ai currently faces? How do you aim to solve them?

Freya: That’s a good question. Although the CA platform has developed rapidly since its launch, it has also attracted more artists to on-board and attracted users’ attention. However, we are still a platform that has only been online for 10 months.

Although the transaction volume has performed well during this period, and also increasingly more artworks been sold on the platform, we still have a big gap compared with pioneering NFT platforms like Opensea.

While CA has its own development rhythm and planning. I believe that with the comprehensive team background combining the art and blockchain technology of the CA platform, we will deepen the field crypto art step by step, bring the art to more people, and truly realize the ideal that NFT empowers everything.

Q4

Iris: Are there any exciting news or updates with regards to CryptoArt.Ai that you would like to share with the users?

Freya:

We are thrilled to tell you that CryptoArt.Ai recently started First CA Global CryptoArt Month-Summoning Art Creator. The event start on August 16th and ends on September 22th.

CA Crypto Art Month is the first diversified activities that integrates "NFT art creation + soul collision". It is inclusive and humble, artists from all over the world are welcomed and encouraged to fully exert imagination and inspiration in NFT to create the most “trendy” and “inclusive” Crypto Art Month.

If you are a normal user who are interested in Crypto Art, you could also earn prize by joining the event, we have Prize-winning voting and Prize-winning quiz. Also, trade NFT will earn considerable $CART rewards during the event. We hereby invite everyone of you to have a look at our event. https://twitter.com/CryptoArt_Ai/status/1427289088248344578

Q5

Iris: If you were to summarize your project in ONE word, what would it be? Why?

Freya: I think the word should be “EMPOWER”

“Art evolves with time” is the slogan of CryptoArt.Ai. Our mission is to empower art through blockchain technology, solve the lack of digital art dilemma, explore the possibility that contemporary art can connect with digital media, and join the emerging international movement of conceptual blockchain art.

CryptoArt.Ai believes that NFT has the potential of becoming a “value machine” that empowers everything, and will trigger a ten-year opportunity for asset digitization. In the future, everything can be NFT. As a NFT platform, CryptoArt.Ai will also be committed to promoting the trend of NFT empowering everything.

Free-asking Session

Q1. Do token holders have the right to participate in the governance of the project? On what kind of decisions can they vote on about the project?

Freya Fu: CART is the token of the CryptoArt.Ai platform, which has the dual attributes of platform currency + governance token. Users stake CART, and obtain different levels of NFT crypto artworks according to the weighted average of the market and quantity, and realize them through the free transfer of NFT. CART will never be inflated. The user consumes CART and pushes the NFT artwork he holds to the trending page of DAPP, and CART realizes deflation.

Q2: What is the most ambitious goal of your project? What is the ultimate vision that your project is trying to achieve within the cryptocurrencies market? I would appreciate it if you could share with us any upcoming updates?

Freya Fu: CryptoArt.Ai is expanding on a global scale and our platform will always open to all people who are interested in crypto art. We aim to empower art with blockchain technology, solving scarcity problem of digital art, exploring the possibility of interaction between contemporary art and digital media.

Hence, we will introduce more famous IP and celebrities into our platform, such as the collaboration between the famous British singer Jessie J and PAK. We will increase the exposure of CryptoArt.Ai through the hype the IP market and events through the functions of the V2 version.

At the same time, CryptoArt.Ai will also promote the market height and popularity of the platform through exhibitions, offline roadshows, etc.

Q3: How do you deal with the security threats of your project? Do you have any audit in recent times for trust?

Freya Fu: CryptoArt.Ai is a distributed application running on the ERC721 protocol of the Ethereum network. CryptoArt.Ai uses innovative technical architecture design to avoid the plagiarism of NFT artworks. CryptoArt.Ai discovered and captured the application value of Layer2 technology in encrypted art transactions and digital asset circulation.

CryptoArt.Ai proposes a universal consensus algorithm, which is a hybrid consensus algorithm of “POS(Proof of contribution)+PBFT(Proof of Passing Message)”, which not only allows users to actively participate but also prevents malicious behavior, which is even more important than Ethereum in the future. The adopted POS consensus algorithm is more worth looking forward to, because the latter trends to cause distrust among network nodes.

Although the above explanation may sounds technical, but it actually solved the problem from the root so that we could avoid plagiarism of artworks and protect the right of artists on CryptoArt.Ai.

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Discord: https://discord.gg/zu5drS8