Smart contract-based provenance
Within the framework of the TILWIKI information platform, we create a public decentralized register of artworks and galleries. The platform will feature an extensive database of all museumsand galleries in the world with convenient search functions and interactive updates. With TILWIKI, all art market participants (dealers, galleries, museums, investors) receive a reliable guarantee of the artworks’ authenticity.
While aiming to make the art market more open and reduce the risks of investing in art, TILWIKI are focused on verifying the authenticity of all artworks, galleries and authors by independent qualified experts.
Verification of art objects:
• All paintings and sculptures, carefully selected for TILCOIN’s collection, must be checked by a council of experts.
• New paintings and antiques, which are placed on the platform by authors, private collectors and galleries, are verified by the council of experts after the service has been paid for All galleries and artists who want to work on the TILWIKI platform must pass verification according to the established protocol: The initial verification takes place by entering the top 200 galleries into the blockchain — the regular participants of the world’s largest fairs and auctions and the top 500 world artists.
• A gallery that wants to be verified must have TLC- tokens and send a list of artworks submitted to it for review by the council of experts. The latter, in turn, selects artworks from the list to be checked later. Random representatives of the expert council are selected to conduct the authenticity test and ascertain the presence of these paintings in the gallery. After the free period (6 months from the launch of the alpha version), the use of the TLC coin will become a prerequisite for including the gallery in the project.
• Representatives of the expert council receive TLC-tokens as a reward for their work. In case the gallery fails to pass the verification procedure, it may submit to arbitration. All actions for verification of the gallery are recorded in the blockchain.
We provide a full-fledged service, covering all stages of clients’ journey through the world of art — from their first acquaintance withit all the way to investing professionally in masterpieces of painting or sculpture. TILCOIN provides the opportunity to buy and sell artworks with minimal risks.
