London Blockchain Ventures Summit

ArtSquare was invited to assist to the Blockchain Venture Summit which was held at Trafalgar Square, London (UK).

Our ArtSquare VP, Francesco Boni, participated in the discussion entitled ‘Disrupting traditional industries with Blockchain’, moderated by Arda Kutsal (Webrazzi founder). Sharing the same panel with Birol Ergüven (Limak Energy Group) and Douglas Salt ( Frank Salt Real Estate).

This event (BVS) was organized by Webrazzi, a leading Digital Technology Stakeholder and Worldwide organizer of several international conferences and summits.

This one-day gathering covered topics related to Security Token Offering (STO) and Initial Coin Offering (ICO); Francesco Boni made his contribution by explaining Artworks tokenization on ArtSquare and how these tokens will be tradable on the ArtSquare Exchange:

• Art Owners propose their Artworks for tokenization and listing.
• Provenance and value are verified and encrypted in the Artwork Repository using our Modular Smart Contract, which rules and defines the governance of Fractional Ownership.
• Portions of the total value of the Artwork are generated — ArtWork Tokens (AWTs)- and then offered to Investors.
• Investors can trade AWTs at anytime on the Secondary Market.

This day-long gathering covered topics related to Security Token Offering (STO) and Initial Coin Offering (ICO); Francesco Boni made his contribution by explaining Artworks tokenization on ArtSquare and how these Security tokens will be tradable on ArtSquare Exchange:

• Art Owners propose their Artworks for tokenization and listing.
• Provenance and value are verified and encrypted in Artwork Repository with our Modular Smart Contract rules and defines the governance of Fractional Ownership.
• Portions of the total value of the Artwork are generated — ArtWork Tokens (AWTs)- and then offered to Investors.
• Investors can trade AWTs at anytime on the secondary market.

ArtSquare Listing process

Later on, we explained the importance of the Art Pros and the ArtSquare Council:

• Art Owners have the need to prove the value and provenance of their Artworks and to set up the Modular Smart Contract builder, for the parameters of the listing.
• This phase is guided by Art Pros, a network of experts in charge of the due diligence process, controlling the Artworks dealflow and legality of Fractional Ownership rules.
• Before proceeding to the listing, a final check from Art Square Council will approve the Artwork for tokenization and primary listing.
• Once AWTs are created they can be sold to Art Investors on ArtSquare Exchange and then traded on the Secondary Market.

It was a pleasure to be invited to speak to this esteemed event where Francesco Boni had the opportunity to represent ArtSquare.

Thanks again for the invitation!

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