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High end art has outperformed both gold and the S&P. Artcoin is a token that will decentralize and open the art market for retail investors who can buy fractional parts of artworks such as Raphael, Van Gogh or Picasso. The network which will be working with the Artcoin is, called Artchain is based a real business model encapsulating the multi-billion art market by using proprietary technology, both hardware and software that will solve crucial problems, increase efficiency and prevent fraud in the art market as. The value of each Artcoin will increase not merely due to networking effects (increase of network usage) but also due to fees charged for using the network with real-world utility of tracking the origin, verifying the authenticity and enabling the seamless transaction of timeless pieces of art among investors.
