Artfi to Democratize Access to Fine Arts – Plans to Introduce Fractional NFT Ownership at TOKEN2049

Artfi, a Web3 technology startup, is set to revolutionize art ownership in an interesting manner. A pioneer in NFT-based art ownership and investing, Artfi will introduce its innovative concept of fractional art ownership at TOKEN2049. This will further democratize access to fine arts.

As a title sponsor of TOKEN2049, Artfi will participate fully in Asia’s premier annual blockchain and crypto conference. It will officially introduce and demonstrate how its new technology can be used to tokenize artworks, turning them into NFTs and improving their potential as an asset class.

The Mission to Revolutionize Art Ownership

Artfi is on a mission to democratize access to art through Web3 technology. Founded by an art connoisseur, Asif Kamal, the company aims to transform the $1.7 trillion art market by leveraging blockchain technology and NFTs. It will allow collectors to own fractional pieces of the world’s most coveted works of art.

To achieve its vision, Artfi is set to purchase iconic works of art from both established and new artists. It will then fractionize the works and sell them to collectors/interested parties as NFTs. The company boasts a dedicated team of art experts who will determine how the arts will be fractionalized and the number of NFTs per work, depending on the value of the work and prestige of artists, among other factors.

Artfi’s art NFTs will make it easy for anyone to co-own some of the most valuable fine arts. Prices can be as little as $100. Each of Artfi’s artwork will be showcased at the Artfi Museum in Dubai when all its NFTs are sold.

About TOKEN2049

As mentioned earlier, Artfi will unveil its new technology at TOKEN2049. The premier Web3 event is hosted in Singapore annually and attracts leaders and innovators from the global crypto community. Top-class decision-makers from crypto, traditional finance and big tech converge at the event to share ideas to move the evolving Web3 industry forward.

Some of the headline speakers in this year’s event include Cameron and Tyler Winklevoss (Gemini co-founders), Daniel Alegre (Yuga Labs CEO), Jeremy Allaire (Circle CEO), F1 drivers, Daniel Ricciardo and Pierre Gasly, among many others.

Artfi is expected to be a major attraction at the event as it will demonstrate how fine arts will be made available to millions of enthusiasts and investors in a decentralized manner. It will be an eye-opener on how anyone can include fine arts in their digital portfolio, leveraging the speed and security of the Polygon network.

Speaking ahead of the event, Artfi CEO, Asif Kamal, said:

“I launched Artfi with a vision to make fine art accessible to everyone who appreciates it. TOKEN2049 is always one of the most exciting crypto events of the year in Asia’s packed calendar, and it’s the perfect occasion to showcase how Artfi is leveraging the unique capabilities of Web3 to democratize art ownership.”—Artfi CEO, Asif Kamal

Wrapping Up

The 2023 edition of TOKEN2049 is expected to play host to over 10,000 attendees from over 3,500 companies. It’s definitely one of the largest global crypto events and Artfi will seize the opportunity to introduce its innovative technology. Hopefully, it will mark the beginning of easy and safe access to art ownership.