ArtFi's native token #ARTFI just went live on BitGet, learn more about this huge opportunity:
📚To better understand the project, first read this article !
The art technology platform Artfi aims to revolutionize the traditional art world using Web3 technology, democratizing fine art and collectible investment to everyone.
Founders
Artfi was founded by Asif Kamal, a renowned art connoisseur and collector, founder of the international art house Alturaash Art based in Dubai and Delhi.
Kamal's deep understanding of the art world has been crucial in shaping Artfi’s vision.
The co-founder and COO, Aly Raza Beig, is the founder of BoredPuma, a leading creative agency in the Middle East focused on Crypto, NFTs, and Blockchain Development.
The team is supported by Francis Gurry, an internationally recognized expert in intellectual property, Raza Beig, an avid art collector and CEO of the Splash fashion brand, Sheikha Hend Faisal Al Qassemi, an accomplished architect, artist, and entrepreneur, CEO of Paris London New York Events & Publishing (PLNY), and Sameh Sadaqa as Lead Blockchain Engineer, an experience Web3 developer.
Tokenomics
As a deflationary utility token on the Sui blockchain, ARTFI tokens facilitate NFT marketplace payments, reward stakers, and act as a store of value.
With a buy-back and burn mechanism that allocates 30% of revenues from commission fees and artwork sales to burning tokens, the supply is continually reduced, potentially increasing value over time.
Holding ARTFI tokens also provides benefits like early access to exclusive art offerings and participation in revenue distribution. As Artfi grows and generates higher revenues, the value of its tokens is expected to appreciate, reflecting the platform's success and offering long-term value to its holders.
