Art Storage and Insurance Security

At DOMINI, we prioritize the security and protection of the valuable blue chip artworks held within our platform. We understand the importance of safeguarding these assets to provide art investors and fractional owners peace of mind. To ensure the highest level of security, we have implemented comprehensive measures for art storage and insurance:

Secure Storage Facilities

DOMINI partners with reputable, specialized art storage facilities that adhere to strict security protocols. These facilities are equipped with state-of-the-art security systems, including 24/7 surveillance, access controls, and temperature and humidity controls to preserve the condition of the artworks. The storage facilities employ trained professionals who handle the artworks with the utmost care during the storage and retrieval processes.

Fully Insured Artwork

DOMINI ensures that each artwork held within our platform is fully insured to protect the valuable artwork. We collaborate with leading insurance providers who specialize in art insurance. This comprehensive insurance coverage safeguards against risks such as damage, theft, loss, and other unforeseen events. The insurance coverage provides added security and reassurance to investors and fractional owners, ensuring the underlying assets are protected.

Transparency and Traceability

DOMINI leverages blockchain technology to enhance transparency and traceability within the art storage and insurance processes. Each blue chip artwork is assigned a unique digital representation as a non-fungible token (NFT) on the blockchain. This NFT is a digital certificate of ownership, providing transparency and a verifiable record of the artwork's provenance, ownership history, and insurance coverage. By utilizing blockchain, we enhance the security and trustworthiness of the art ownership ecosystem.

Stringent Due Diligence

DOMINI conducts rigorous due diligence procedures to verify the authenticity and provenance of the artworks before they are accepted into our platform. We collaborate with experts in the art industry, including appraisers, art historians, and authentication specialists, to ensure that each artwork meets the highest standards of quality and authenticity. This stringent due diligence process minimizes the risk of counterfeit or fraudulent artworks entering the DOMINI platform.

Ongoing Risk Management

DOMINI continuously monitors and evaluates potential risks to the artworks held within our platform. We employ a comprehensive risk management framework, including regular security audits, vulnerability assessments, and contingency plans to address unforeseen circumstances. Our proactive approach to risk management allows us to promptly identify and mitigate any potential threats to the security and integrity of the artworks.

By implementing stringent security measures, partnering with reputable storage facilities, and providing comprehensive insurance coverage, DOMINI prioritizes the protection of the blue-chip artworks held within our platform. We are committed to ensuring the highest level of security and peace of mind for our art investors and fractional owners, allowing them to confidently participate in the fractionalized art investment ecosystem.