4ART Coin price

4ART

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4ART creates a modern world of art on blockchain that utilizes smart contracts via their 4ARTapp. At the heart of the project, 4ARTechnologies brings the analog art market to the digital age by building on the security and reliability of the blockchain. The developers aim to establish a robust technical ecosystem to assist with authenticating, cataloguing and appraising collectors’ assets.

The art market is rapidly growing, a sign confirming its role as a valuable asset for investors. Meanwhile, 4ART Technologies hopes to provide an optimal and practical solution to the existing problems of the art business. 4ART fights against the phenomena of counterfeiting and imitation, which tarnish the reputation of the art industry and damage the art market. Their 4ARTpassport allows collectors and enthusiasts to integrate the recorded history of a work of art along with its unique and identifiable 4ARTdna, to help capture every change of state and change of ownership.

According to 4ARTechnologies, the company strives to lay the foundation for a single digital standard for the global art industry. This project allows all market participants to unite on a single platform to simultaneously reduce costs while ensuring transparency, safety and efficiency within the digital network.

Who Are the Founders of 4ART Coin?

4ARTechnologies was founded in 2017 with the intention of providing the arts market with additional transparency, safety and process efficiency. 4ARTechnologies has developed a transaction and cataloging platform that succinctly combines the potential of blockchain with patented and unique advanced authentication technology.

The company is headquartered in Switzerland and currently has around 46 employees. Niko Kipouros is the brainchild responsible for launching the company. As a respected art dealer and reputable art collector for over 20 years, Kipouros recognized the problems of the contemporary art market at an opportune time. By teaming up with like-minded people, enlisting the support of partners and experts from the art world, he laid the foundation for a new stage in the digital era.

Kipouros’ colleague, and co-founder of 4ARTechnologies, Peter Steiner, serves as CEO and Board member in the company. Rolf Maier is also an influential partner on the project, having been the first investor of 4ART.

What Makes 4ART Coin Unique?

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

Thus, the key features of 4ART:

The project eliminates the issue of counterfeiting and imitation of art pieces. The captured "fingerprint" of an art object is stored in the blockchain and is reliably protected from hacking;

Transparency of transactions is carried out without compromising confidentiality. 4ART guarantees to sellers, buyers and investors total data confidentiality, which is easily accomplished via blockchain technology and smart contracts;

Reports on the current state of a piece of art are a mandatory aspect of any transaction, and with the help of 4ARTapp, documents are generated and restored in a few minutes and at a low cost of the service;

4ART acts as an intermediary and assists users in all stages of the transaction, including title deeds, loans, refurbishment, transportation and insurance. Confidential information can be separated on demand, this moment ensures transparency while maintaining individual anonymity;

On the 4ART platform, artists earn money by reselling their works without compromising the privacy of the buyer.

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

4ART Coin (4ART) is an internal 4ARTechnologies token deployed on the Ethereum blockchain with a total supply of 3,508,500,000 coins.

4ART is a cryptocurrency for the art world, functioning as the core of an entire ecosystem and as a transaction platform. 4ART ensures the security of financial transactions, allowing users to make sales safely, avoiding potential losses.

4ARTechnologies customers can pay for services in 4ARTapp via $4ART with a 20% discount. In addition, 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 the security measures are constantly adapted in line with technological developments. 4ARTechnologies records and uses personal data to offer platform services in a reliable and secure manner. The data is securely utilized for legitimate commercial purposes with a prearranged agreement.

4ARTechnologies is one of the leaders in the field of digitalization of artworks and ensuring safety and transparency for all parties involved. The developers offer innovative and proven solutions to creators and collectors through their free-to-download NFT+ app.

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

As of October 2021, 4ART Coin (4ART) is available on Bittrex - one of the most trusted crypto exchanges known for its next-level security and a strong focus on data storage.

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