Maecenas (ART)

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Description

Maecenas is a decentralized, open-source and peer-to-peer blockchain-based platform created by two seasoned entrepreneurs, Marcelo Garcia Casil and Federico Bustos. Maecenas is a new way to invest in and benefit from art ownership. It makes it possible to buy and sell small fractions of world-valued artworks through asset-backed tokens within the blockchain. The platform aims to revolutionize the art investment sector in much the same way cryptocurrency platforms revolutionized the financial industry, democratizing the access to art investment. The platform is composed of four main elements: the marketplace, which allows users to buy and sell fractions of ownership in artworks, the art wallet, which houses all investments, the Maecenas auction module, which allows users to bid in real-time and the Art Curation module which assists in verifying authenticity, appraising and cataloging artworks. So far Maecenas has enabled two successful fund-raising campaigns led by two Amsterdam-based galleries: YourArt Gallery and AvantArte. What makes Maecenas unique is that it allows investors to participate in the art investment process with little risk and minimal knowledge about art. Maecenas also provides users with secure transactions, reliable data and a great selection of artworks. Maecenas tokens can be traded on major cryptocurrency exchanges such as HitBTC and IDEX. They can also be used to purchase ownership rights of artworks on the Maecenas platform. To buy and sell Maecenas tokens, users will first need a secure wallet. Popular wallets for Maecenas include Exodus, Jaxx and MyEtherWallet. After setting up a wallet, users can purchase Maecenas tokens using either fiat currencies or other popular cryptocurrencies. Finally, users can trade their tokens on a cryptocurrency exchange or use them to purchase ownership rights to artworks on the Maecenas platform. Overall, Maecenas is a unique and revolutionary platform that has the potential to revolutionize the art investment process. With no minimum entry threshold, improved access to art ownership and secure transactions, Maecenas has made investing in art more accessible to the average user.