How Fractionalized Art Works
Last updated
Last updated
Fractionalized blue chip art on the Domini platform combines the world of traditional art ownership with the power of blockchain technology. Through a carefully designed process, we enable investors to own fractions of valuable artworks and participate in the art market like never before.
Curating Blue Chip Art: Domini's team of experts meticulously curates a selection of high-end blue chip artworks from renowned artists. These artworks have a history of value appreciation and represent a diverse range of styles, mediums, and periods.
Secure Vault Storage: The selected blue chip artworks are securely stored in a state-of-the-art vault facility. This vault is fully insured, providing comprehensive protection for the physical artworks.
Tokenizing the Art: Each blue chip artwork is transformed into a unique ERC20 non-fungible token (NFT) on the blockchain. This token serves as a digital representation of the physical artwork, ensuring authenticity, provenance, and ownership rights.
Fractionalization: The NFT representing the artwork is fractionalized into shares or fractions. Investors can then acquire fractions of the NFT, which in turn represents partial ownership of the underlying physical artwork. The fractionalization process breaks down the artwork's value into smaller, more affordable units.
Ownership and Benefits: Investors who acquire fractions of the artwork's NFT become fractional owners of the corresponding physical artwork. As owners, they are entitled to certain benefits, such as a proportional share of potential financial returns, access to exclusive events, and the ability to trade their ownership stakes on the Domini Marketplace.
Trading on the Domini Marketplace: Domini provides a dedicated NFT marketplace where fractionalized blue chip art can be bought and sold. Investors can list their ownership stakes for sale or explore available fractions of other artworks to expand their art portfolio. The marketplace ensures liquidity, transparency, and a fair trading environment for fractionalized blue chip art.
Value Appreciation and Returns: As the value of the blue chip artwork appreciates over time, investors have the potential to benefit from the increase in the value of their fractional ownership. When an investor sells their ownership stake on the Domini Marketplace, they can potentially realize a return on their investment, similar to traditional art investment.
