Digitized Capital and Fine Art Make for An Exciting Venture and a new Opportunity for Crypto Investors
The digital era and the advent of crypto trading have truly transformed our lives. If Bitcoin displaced the dollar, security tokens are live on the blockchain and replacing securities, as we speak. If one is looking to partake in tokens, an organization such as ARTBnk, which serves the $1.742 trillion art industry, would be an incredible prospect.
The tokenization of capital markets is its natural evolution towards a democratic, transparent system that offers liquidity and frictionless exchanges. Security tokens are reshaping the way we think about portfolio management, blockchain, and regulatory compliance. Asher Edelman is chairperson of ARTBnk, that is working with Tokengate to launch the ABK token for the sharp investor.
Edelman is a financier ahead of his time and with ARTBnk – a game-changing and disruptive FinTech company which has developed proprietary technology that combines AI (artificial intelligence), ML (machine learning), image recognition and automated regression analysis to analyze the art market – ARTBnk filling the gap between art and the financial market.
What is ARTBnk?
The ARTBnk platform provides an efficient and comprehensive tool to measure the real-time value, risk, liquidity and financial performance of an artist, a collection, or an individual work of art. It gives the fair market valuation of art in real-time and provides individuals and organizations with the financial gear to manage art as a financial asset. ARTBnk is central to asset management in an industry that is bigger than the private real estate industry. The addressable market reaches tens of millions and art and collectibles revenues are expected to grow to $2.125 trillion by 2023.
ARTBnk solves the massive problem of the lack of transparency and inconsistency around the valuation of art. It predicts the price of a piece of art using Artificial Intelligence (AI), Machine Learning (ML), image recognition, and automated regression analysis. It is a comprehensive tool that provides customers with not just an estimated price but also the value, risk, liquidity, and financial performance of a collection or individual work of art.
Download the ARTBnk app, take a photograph of a painting and submit it. You will receive a valuation in less than a minute. The app goes through 2000 data points in 5 seconds to give you the best estimate of the real value of the painting.
ARTBnk Is on Its Way to Be a Tech Unicorn
This sophisticated consolidation of art, finance, and technology had not existed until today. ARTBnk is the only company offering instant mark-to-market valuations and market performance analytics through objective AI-powered software. The app examines thousands of pieces of art from its proprietary database and each work is analyzed with 2000+ datapoints that it uses to project the price of an art piece. The comparables have been auctioned previously or have their prices publicized. It is the only database optimized with AI and ML services in the industry.
ARTBnk is focused on the following areas of expertise:
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ARTBnk’s data exchange provides access to the ARTBnk Fine Art Indices (the only art index published and accepted worldwide on Bloomberg), Market Reports and the only cleaned, normalized, transformed and enriched art auction database.
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ARTBnk fine art Fractionalization / Securitization services.
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ARTBnk Wealth Management Report is the first-ever tool to track, analyze, and report on the financial performance of a collection of art on an ongoing basis, opening the way for new investment opportunities and strategies.
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ARTBnk Finance offers loans and leases at competitive rates to those who wish to obtain liquidity from their fine art works quickly, discreetly, and efficiently.