Background

01.The Reality of the Art Market in the Digital Age

Today's industrial environment is moving beyond the Third Industrial Revolution, which is known as the Information Revolution in the early 21st century, to the Fourth Industrial Revolution, which is well known for artificial intelligence and big data. Advances in the Internet and mobile technologies have made it possible for us to use more information, richer communication, and more useful services at much lower costs.

Most of the information has become accessible even if you have a smartphone anywhere in the world.

However, the reality is that in the arts and arts sectors, transactions, information asymmetry, etc. were still very closed, alienated from changes in the digital information revolution.

02.Problems in the Traditional Art Trading Market

Traditional art and art industries are difficult for the general public to access, and expensive art is more difficult for ordinary people to own or trade, so art is considered exclusive to property owners and there are bad perceptions such as illegal trade and tax evasion.

Therefore, owning expensive art is just a hope and a dream for the general public.

In general, there are only art exhibitions centered on famous artists, so there are problems that lack of opportunities for exhibition and sales of unknown artists or personal belongings.

03.The advent of Internet and blockchain technology

As the speed of Internet and digital transformation accelerated, time and space constraints enabled transactions that were previously impossible, and blockchain technologies and services emerged to support the digital market, payment and security. People around the world can either partially own, share, or easily tokenize and trade as a single item, and now they can trade in real and proprietary NFT, generating financial returns.

04.Digitalization of Artworks Using NFT Technology - Arti Project

Arti project improves the chronic problems of these art market and digital content market (music, webtubes, movies, game items)

Through non-fungible-token (NFT) technology, which is an irreplaceable token based on blockchain, we want to transparent the distribution process, address ownership transactions and previous transparent disclosure, revenue imbalance and security.