Artrade: Democratizing Digital Art and Accessing NFT

Artrade: Democratizing Digital Art and Accessing NFT . Although the NFT is dynamic, it is not yet fully developed and therefore has many inconveniences that significantly limit its attractiveness to the general public. This realization led Artrade to develop an application specially designed for the user, whether buyer or seller, with a lot of effort in terms of ergonomics, be it at the interface level, integration or security.

About Artrade

Artrade is that application designed so that each has a unique identifier called a URI (Uniform Resource Identity) that associates it with an identified set of metadata.

Artrade’s role is to democratize access to NFTs without necessarily relying on big companies like Sotheby’s or Christie’s. The following three functions will be available in this app:

• NFT Live: This patent-pending feature allows users to design NFTs directly from a connected phone or other mobile device. Only a limited number of users have access to this feature in order to keep it exclusive.
• NFT Real: It allows users to combine sales of physical goods with NFT goods.
• Virtual Library: This is a special feature of the application that allows users to view NFTs as a virtual library via a news feed with a similar design to Tumblr or Pinterest.

Artrade technical characteristics

Artrade chose Solana to launch its app. Solana is the most efficient blockchain to date, with a very active developer community and a growing NFT ecosystem. It will allow users to mine their NFTs in just a few seconds with almost no gas money. In order to maintain its cross-chain engagement, Artrade will then gradually integrate all blockchains to welcome all NFTs to its platform.

Artrade is not only the first NFT marketplace designed for smartphone use with Instagram-like features, but it is also part of the group’s initiatives on environmental stewardship. Given the energy intensive nature of the NFT sector, this application is based on the Solana blockchain to better control the costs associated with electricity consumption. In addition, Artrade is working with Climate Partners to enable climate change mitigation projects to offset the carbon emissions associated with creating NFTs.

Artrade’s business model

Like most blockchain projects, the application has an ATR token that costs 1.8 billion and is used for the following activities:

• Project Funding: An ICO will be held to fund the development of the project over a three year period and ATR holders will therefore be full actors in its progress. The ICO takes place on the Binance Smart Chain, a choice that is proven by the compatibility of BSC with Ethereum and the low transaction costs. 50% of the total offers will be distributed in three batches during this ICO. The rest of the offer is distributed as follows: 22% for reserves, 4% for marketing and bonuses, 9% for employees, 7% for the team and its advisors, 7% for these sperm donations and 1% is distributed during private trading.
• Reduced Fees: Using ATR tokens to purchase NFTs reduces transaction fees.
• Guarantee: Displaying NFT in the user profile enables the user to earn ATR interest based on the estimated value of NFT.
• Rewards: Users can also receive ATR rewards for sharing content in their galleries, an initiative that increases NFT’s visibility.
• Governance: ATR tokens enable their owners to help determine the strategic direction of the company.
• Hold: Every ATR user receives daily returns, even if the tokens are unlocked.

By choosing “Sanpo Yoshi”, a Japanese principle that puts responsibility at the center of its vision, Artrade develops its approach with the needs of everyone involved: sellers, buyers and companies in mind.

With Artrade sellers benefit from a secure framework and at the same time remain in control; the buyer is guaranteed complete transparency in the purchase process; finally finance climate projects that contribute to the well-being of society.

Round 2 of the ICO will start at the end of December so that Arttrade can fund a very ambitious development.

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