artèQ launches the NFT investment fund to transform the art market
Contents
- Introduction
- Bringing the World’s Best Artworks to Blockchain
- How artèQ merges analog art with NFTs
- The ARTEQ token
- The expanding ecosystem around the artèQ Fund
- artèQ art galleries
- Metaverse Galleries
- The artèQ auction house
- A crypto lending program
- What future for artèQ?
- Final Thoughts
Introduction
artèQ is an Ethereum-backed project that aims to help investors capitalize on NFT art as an alternative asset class. To this end, it brings together analog and digital masterpieces in a blockchain-based ecosystem with unlimited opportunities. Above all, it makes the emerging crypto art market more accessible to everyone.
The project was launched in 2021 and is already clearing its extensive roadmap. One of the highly anticipated stages of its development is the next listing on the Swiss market, which will take place in May.
This article reviews artèQ’s rapid development, upcoming features and plans for the world’s first NFT investment fund.
Bringing the World’s Best Artworks to Blockchain
Before diving deeper into the artèQ project, let’s briefly discover why NFTs are crucial for the crypto art market.
An NFT, or non-fungible token, is an immutable piece of code that exists on a decentralized public ledger, or blockchain. It stores essential data, such as ownership, provenance, and a unique transaction hash, which makes it non-replicable. Simply put, it is almost impossible to steal, duplicate or tamper with, which are common challenges in the world of traditional art.
When an analog or digital work of art becomes an NFT, it is stored on the blockchain forever. This “keying” process creates a high quality replica of the original artwork, certified by its creator. More importantly, this NFT introduces a new type of asset, producing value and prestige for its owner.
A clear example of this process is the collaboration between artèQ and the prestigious Belvedere Museum in Vienna. On February 14, 2022, the two organizations jointly launched an NFT broadcast of Gustav Klimt’s masterpiece “The Kiss”. Here’s how it happened!
artèQ created and split a high-resolution digital copy of the famous painting into a 100 x 100 grid. Each of the resulting 10,000 unique individual pieces became non-fungible tokens. This is how buyers became owners of unique tiles from the Kiss NFT, the only certified digital representation of Gustav Klimt’s world famous painting. They do not own Klimt’s original creation. However, they own a piece of its blockchain version as an NFT. So, in light of the booming crypto art market, they hold an asset with unlimited value growth potential.
How artèQ merges analog art with NFTs
The artèQ NFT investment fund, or The Fund, is currently one of the most exciting initiatives in the field of digital art. Its aim is to bring together the best works of art from notable artists, both traditional and digital, in the same space. This blockchain-based platform has its own Ethereum-backed token (ARTEQ), allowing anyone interested in art to invest and participate.
The artèQ Fund actively markets the works of art collected from several auction houses, including its own artèQ’s auction house. In addition, he negotiates their value directly with collectors, museums and art galleries around the world. Most importantly, the Fund seeks to establish links with artists and institutions in order to ensure the optimal conditions for the purchase of works of art at all times.
The artèQ token is listed on decentralized exchanges like and on data aggregators like Coinmarketcap and CoinGecko. The artèQ token represents the total value of the artworks in the fund, as well as the total assets of the fund in ETH.
The artèQ team has strong expertise in both art and technology, which they combine with the limitless possibilities of NFTs. The Fund allows the artèQ community, i.e. the holders of ARTEQ tokens, to access promising investment opportunities. One of them comes from simply holding or staking their token, which is expected to increase in price over time. Consequently, the value of their portfolios could increase significantly over the long term.
The Fund should one day become a Decentralized Autonomous Organization (DAO). This will allow its members to collectively govern its development without the interference of central authorities. Therefore, the platform should grow based on the interest of those who matter most, the governance token holders.
The ARTEQ token
The growing artèQ ecosystem uses an ERC-20 token, ARTEQ, for all operations. The team designed it on the blockchain to have a total supply of 10 billion tokens at all times. This means that the protocol will never hit other ARTEQ tokens or burn any existing ones.
artèQ began distributing the tokens in January and will end the entire offering available to the public. The tokens are already available on decentralized exchanges i.e. Uniswap.
In addition, the ARTEQ token is and its contract is neither pausable nor scalable. This means that users will be able to trade at any time without interruption. This also means that its terms cannot be changed or replaced unexpectedly.
artèQ has obtained a positive evaluation from CertiK, a leading blockchain security rating platform, for its investment fund and associated smart contracts. This means that the working mechanisms of the project have no outstanding issues and enjoy a high degree of security.
The expanding ecosystem around the artèQ Fund
It should be noted that despite its name, the Fund does not operate like a traditional investment organization. For example, it does not distribute dividends or profits to token owners. Instead, member investments help grow the value of the Fund’s exclusive art collection. Token owners can receive specific privileges as the fund grows, such as special services, discounts and more.
artèQ plans to develop an unlimited ecosystem of functionalities and commercial activities around the Fund. They will support and leverage the artèQ NFT, establish strategic partnerships and advance the digital revolution in the arts. Here are the most important:
artèQ art galleries
The artèQ team estimates that within 5 years, NFTs and digital art will reach every home. They plan to anticipate this cultural change by opening art galleries mixing traditional art and virtual art in a harmonious environment. artèQ has opened the first NFT gallery in Europe in Vienna, and others will soon follow in Berlin and Istanbul.
Metaverse Galleries
artèQ aims to develop further by opening virtual art galleries in the Metavers. This side of the project will include partnerships with established platforms and the creation of an artèQ presence in the metaverse.
The artèQ auction house
The team refers to it as “the large fundamental divisions of artèQ” and represents a unique, innovative and open NFT market. Artists from all over the world will be able to join, submit, mint and auction their works on this platform.
The artèQ auction house uses state-of-the-art technology to showcase digital and analog art masterpieces in a secure environment. Unlike most NFT marketplaces, this platform is not a public auction house. In fact, the artèQ auction house will subject each work to a strict selection process, guaranteeing that only the best pieces will come up for sale. In this way, it will maintain a high level of artistic quality and prestige. Above all, it will provide investors with a gateway to the best NFT artworks in the market.
The artèQ auction house will collect a commission on each action settled and will automatically add it to the value of the fund.
A crypto lending program
Another exciting plan in artèQ’s roadmap is to develop an encrypted lending program for artists. This project is expected to start in 2023 and provide ARTEQ and NFT token holders with access to an exclusive loan-to-value program. Its goal is to support artists and make the crypto art market more physical.
Additionally, artèQ plans to nurture creative partnerships between artists in the analog and digital realms. In addition, the platform will use modern mechanisms to monitor talented artists with a proven track record of sales. In this way, the Fund can collect the best works of art from the most prestigious artists, museums and art galleries to launch special NFT projects.
What future for artèQ?
The artèQ token will be available for trading as a Swiss security with its own ISIN number from this summer. Before that, artèQ will obtain a Swiss Bloomberg/ISIN listing, attracting more crypto art investors to the project.
Additionally, the artèQ team plans to gain exposure to banks and financial institutions to support its future art-backed crypto-lending products. To that end, the platform seeks quotes on mainstream companies, such as Forbes and Bittrex.
Finally, one of artèQ’s most anticipated events is the release next month of a collection of 6,000 NFT pieces representing one of Wolfgang Amadeus Mozart’s musical masterpieces.
Final Thoughts
Behind artèQ is a team of tech enthusiasts who seek to merge analog art with emerging technologies like blockchain and NFTs. The artèQ investment fund will help people invest and participate in a rapidly growing NFT art market. In addition, it will allow younger generations to develop an interest in art while accessing significant investment opportunities.
Disclaimer: The views and opinions expressed in this article are solely those of the author and do not necessarily reflect the views of CoinQuora. Nothing in this article should be construed as investment advice. CoinQuora encourages all users to do their own research before investing in cryptocurrencies.