The current price of Maecenas (ART) is $ 0.00019578.
Maecenas is an open blockchain platform that aims to democratize access to Fine Art. It uses its native cryptocurrency, referred to as ART, to facilitate transactions on the platform. The revolutionary aspect of Maecenas lies in its potential to make fine art accessible to a broader audience, not just to a privileged few.
Maecenas was developed by a team of entrepreneurs and technologists passionate about the democratization of art. They believe in leveraging blockchain technology to open up the Fine Art market to the common people. The specific individuals behind Maecenas have not been publicly disclosed.
Maecenas operates by tokenizing fine art pieces using blockchain technology. Each token represents a unique piece of artwork. These tokens, traded as ART, offer fractional ownership of the artworks, thereby allowing a wider pool of individuals to invest in the fine art, which was previously limited to high-net-worth individuals.
Maecenas stands out in its novel application of blockchain technology to the world of fine art. It democratizes the art market by offering fractional ownership of artworks. Consequently, it can attract not only affluent investors but also ordinary art enthusiasts and investors. This use-case of blockchain technology extends its application beyond mere financial transactions into tangible real-world assets.
Maecenas operates on a blockchain platform which facilitates the digitization of fine art pieces via a process known as "tokenization". The process involves issuing digital tokens representing a certain share in an artwork. Blockchain ensures the transparency, security, and immutability of ownership records, proving authenticity and ownership. The ART tokens are then traded, allowing the democratization of an otherwise exclusive fine art market.
Maecenas (ART) currently holds a market cap rank of #1.
There are currently ART in circulation out of a total supply of 100.0M.
The price of Maecenas (ART) has increased by +0.00% over the last 24 hours.
You can purchase Maecenas (ART) in the following exchanges: HitBTC, IDEX, Bittrex, EtherDelta. Remember to always do your own research before making any purchase decisions.
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