What Is ARTIC Foundation(ARTIC)?
ARTIC Foundation is a blockchain-based Art Gallery Platform, which empowers its own NFT ecosystem to assetize diverse art masterpieces. The application of the blockchain serves as a core element to foster the reconsideration of the perception of artworks by providing tangible and intangible services that can lead to the exhibition of domestic and foreign artworks and further impact the activation of the exchanges with artists around the globe. The blockchain technology further promotes an active trading and convenience in quality artworks through the design and development of related software and contributes to the expansion of the base of advanced art culture.
| Coin Basic | Information |
|---|---|
| Coin Name | ARTIC Foundation |
| Short Name | ARTIC |
| Circulating Supply | N/A |
| Total Supply | 100,000,000 |
| Source Code | Click Here To View Source Code |
| Explorers | Click Here To View Explorers |
| Twitter Page | Click Here To Visit Twitter Group |
| Whitepaper | Click Here To View |
| Support | 24/7 |
| Official Project Website | Click Here To Visit Project Website |
ARTIC Team Mission
The ARTIC team consists of highly experienced IT developers/ Art Consultants/ Designers and other professionals with an average of more than 20 years of experience in their own fields. Combining their outstanding experience, the team plans to utilize blockchain technology to solve problems such as copyright infringement, counterfeit issues, and provenance, which are chronic obstacles that hinder the growth of the art market. The presents three primary missions to address the above mentioned challenges:
Consumers should be able to produce or request the relevant art pieces and purchase them without the involvement of the brokers in the process.
Any Artist should be able to display his or her work in a virtual space regardless of time and place constraints, and also sell the ownership of their artwork, which is protected by the NFT
Art consultants should be able to connect consumers and writers with professional views regarding their artwork and receive rewards for their activities.
Token Model
ARTIC Foundation is an Ethereum-based utility token that can be used within the ARTIC’s ecosystem. The tokens can be purchased on the listed cryptocurrency exchanges or acquired as reward units by performing certain activities on ARTIC platform. ARTIC ecosystem participants can use ARTIC tokens to purchase or request artworks from the NFT Marketplace. ARTIC tokens are also utilized when accessing VR Gallery and AI Center features.
ARTIC tokens can be used to pay the platform fees, and to pay for additional functions that can only be used by users who hold a certain number of ARTIC tokens. Consumers, writers, and advertisers contribute to the increasing and maintaining the value of tokens by utilizing the ARTIC platform and engaging in various economic activities within the platform.
Token Economy
ARTIC Foundation tokens are utility tokens that are used and distributed inside of the platform for purchasing NFT artworks, staking, and payment of content. ARTIC ecosystem participants must purchase ARTIC tokens from cryptocurrency exchanges for content consumption and per production.
In addition to purchasing methods through exchanges, ARTIC tokens can be obtained in the form of compensation or in the revenue generation processes through contributions to the ecosystem within ARTIC and various other activities.
Participation in ARTIC requires holding a certain number of holders are given the opportunity to participate in various events and also earn ecosystem rewards. Based on this process, the ecosystem and platform are flexibly expanded and various pieces of content are actively consumed, resulting in a virtuous cycle of tokens.
Artist : Individuals who wish to sell their own artworks or receive production requests
Consumer : An enterprise or individual requesting the purchase and production of artworks
Art Consultant : Gallery and individuals who sell their work on behalf of the Artist
