What Is 4ART Coin (4ART)?

4ART Coin (4ART) is a blockchain-based project that aims to revolutionize the world of art by utilizing smart contracts through their 4ARTapp. The project is developed by 4ARTechnologies, with the goal of bringing the traditional art market into the digital age by leveraging the security and reliability of the blockchain. The main objective of the project is to establish a robust technical ecosystem that assists in authenticating, cataloguing, and appraising collectors' assets.

The art market has been experiencing rapid growth, highlighting its value as an investment asset. 4ART Technologies aims to provide a practical solution to the existing problems in the art industry. The project addresses issues such as counterfeiting and imitation, which have damaged the reputation of the art industry and affected the art market. Through their 4ARTpassport, collectors and enthusiasts can integrate the recorded history of a work of art along with its unique and identifiable 4ARTdna, capturing every change of state and ownership.

4ARTechnologies strives to establish a unified digital standard for the global art industry. The project aims to bring together all market participants on a single platform, reducing costs while ensuring transparency, safety, and efficiency within the digital network.

Who Are the Founders of 4ART Coin?

4ARTechnologies was established in 2017 with the aim of providing additional transparency, safety, and process efficiency to the art market. The company has developed a transaction and cataloging platform that combines the potential of blockchain with patented and unique advanced authentication technology.

The company is headquartered in Switzerland and currently employs around 46 individuals. The brainchild behind the company is Niko Kipouros, a respected art dealer and collector. Recognizing the challenges faced by the contemporary art market, Kipouros laid the foundation for a new era in the digital art world by partnering with like-minded individuals and experts from the art industry. Peter Steiner, a colleague of Kipouros, serves as the CEO and Board member of 4ARTechnologies, while Rolf Maier is an influential partner and the initial investor of 4ART.

What Makes 4ART Coin Unique?

The 4ART platform operates on a patented extended authentication technology provided by Atlantic Zeiser GmbH, the company's technical partner. This development allows users to register "fingerprints" of artworks in the blockchain, along with important details about the art's origin history. This solution effectively addresses the global problem of counterfeiting art objects and only requires a smartphone and the mobile app.

The key features of 4ART include:

• Elimination of counterfeiting and imitation of art pieces by storing the "fingerprint" of an art object in the blockchain, ensuring reliable protection against hacking.
• Transparency of transactions without compromising confidentiality, achieved through blockchain technology and smart contracts.
• Generation and restoration of art-related documents in minutes and at a low cost of service through the 4ARTapp.
• Assistance in all stages of the transaction, including title deeds, loans, refurbishment, transportation, and insurance, while maintaining transparency and individual anonymity.
• Empowering artists to earn money by reselling their works without compromising buyer privacy.

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How Many 4ART Coin (4ART) Coins Are There in Circulation?

4ART Coin (4ART) is an internal token deployed on the Ethereum blockchain with a total supply of 3,508,500,000 coins. It serves as a cryptocurrency for the art world, functioning as the core of an entire ecosystem and a transaction platform. 4ART ensures the security of financial transactions, allowing users to make sales safely and avoid potential losses.

4ARTechnologies customers can pay for services in 4ARTapp via $4ART with a 20% discount. Additionally, 4ART Coin is a utility token defined by the Swiss Financial Market Supervisory Authority (FINMA).

How Is the 4ART Coin Network Secured?

$4ART is an ERC-20 token on Ethereum, where all transactions are regulated and controlled by smart contracts. Personal data is protected by suitable technical and organizational measures, and security measures are constantly adapted to technological developments. 4ARTechnologies ensures the reliable and secure utilization of personal data for offering platform services. The company is a leader in the digitalization of artworks and ensures safety and transparency for all parties involved through their NFT+ app.

Where Can You Buy 4ART Coin (4ART)?

As of October 2021, 4ART Coin (4ART) is available on Bittrex, a reputable cryptocurrency exchange known for its strong emphasis on security and data storage.

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