About Artifest :

Crypto and Blockchain world is evolving constantly at a record pace. Newer ideas are making their ways to this exciting world and changing the fabric of the industry. The buzz world “NFT” is taking this industry by storm. This instrument has opened up enormous opportunities for the new use cases. Artifest is taking NFTs to the next level by introducing the only platform which aims to get real world valuable artifacts on blockchain. At Artifest we aim to get the valuable articles like Diamond jewellery, Antiques, Sculptures, Paintings, collectibles across all segments, on our platform. This will help all the rare and unique assets to get access to mass audience. To establish trust in buyer and seller Artifest will felicitate an escrow account for the ease of transfer of the article and its value. This escrow account will be monitored by governance token holders. Along with the NFTs minted by Artifest, the platform will ensure physical transfer of NFTs minted by its users through escrow service.

Artifest will open their platform for permission less listing of rare physical items. Experts will on board across the globe to ensure the authenticity of the antiques and other articles placed on the platform. This platform is one of its kind and truly will unlock the power of real-world possessions to deliver their due position in the blockchain world.

Potential :

Only diamond jewelry business in the world is valued at around 230 billion US dollars. That too it is not considered as rare.

The other art which is only with handful of entities and not truly offered to general people is roughly around 25 billion US dollars. This does not even consider few segments were planning to come up with.

Artifest

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