In 1962, Warhol created “Four Marilyns” as a tribute to the tragic passing of Marilyn Monroe. In 1992, Sotheby’s in London sold the artwork for $955,433. Yet, the painting was sold for $36 million after only a few decades. This is one of the numerous examples demonstrating artworks’ long-term financial worth. Therefore, SmarterWorx emerged to turn art into a financial opportunity for the broader public.
SmarterWorx is an innovative concept that combines blockchain technology with the art business to make investing in artworks simple yet profitable for everybody. Can this new initiative truly surpass Polygon (MATIC), Solana (SOL), and other advanced ventures on the market?
Should you invest in SmarterWorx?
SmarterWorx is a game-changing fractional art investment platform that makes the art market more accessible and affordable. By allowing anyone to divide and invest in masterpieces, the company has opened the door to high-value investments previously reserved only for the wealthy.
SmarterWorx digitizes paintings, sculptures, and other works of art to make them tradable on various marketplaces. A professional research team curates and selects artworks with greater resale potential. SmarterWorx DAO, or sDAO, decides when to sell assets from the vault and uses profits from the sales to further expand the portfolio with new pieces.
Courtyard.io, SmarterWorx’s partner, will store the physical artwork in safe locations and tokenize it so it can be traded on the blockchain. This will increase the visibility of the artwork for all parties involved.
With the backing of some of the world’s most valuable works of art, ARTX can become the most powerful volatility hedging token. And with its deflationary nature, its price will only grow.
ARTX presale is already live and costs $0.004. The price will increase tenfold and reach $0.035 at launch, meaning early funders can secure up to 775% returns.
What’s Polygon?
Polygon, formerly known as Matic Network, is a protocol for constructing blockchain networks with a scalable, modular design. Using a revolutionary sidechain method, it seeks to remedy Ethereum’s throughput, poor user experience, and shortage of community governance.
The MATIC token has several uses in the Polygon ecosystem, such as paying for gas and contributing to network governance by voting on Polygon Improvement Proposals (PIPs).
Solana Overview
Solana is a public blockchain designed to provide globally accessible, scalable applications. Solana was developed to answer the problems of high prices and slow transaction speeds that plague existing blockchains.
In contrast to other blockchains, which only manage about 15 TPS, Solana can handle between 50,000 and 65,000 TPS. Solana accomplished this by integrating proof-of-history (PoH) consensus with the underlying proof-of-stake (PoS).
The system’s native coin, SOL, is utilized for staking and settling transactions.
Final Takeaway
Polygon and Solana are two of the most widely known projects experimenting with progressive and innovative concepts in the investment realm. However, with the launch of SmaterWorx, a pioneer fractional art investment platform, these projects might now face greater competition in both innovations and profitability.
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Source: https://coinpedia.org/press-release/smarterworx-makes-case-against-polygon-and-solana-as-presale-goes-live/