ArtCoin is TheArtClub utility token, which includes security and governance attributes in its nature.
TheArtClub is a next-gen blockchain-based art marketplace platform, offering to the public NFTs minted by established artists, NFT Crowdsales, and the tokenization of physical artworks, by promoting artists who create works of art generated with the aid of Artificial Intelligence.
ArtCoin is the economic core of TheArtClub project, at first a way to fund a wide range of operations (e.g. marketing, scouting of artists and establishing key relationships, future platform development, code audit…).
Early investors will then be allowed to use ArtCoin to interact with the platform services as a pure medium of exchange (once ArtCoin is listed in various exchanges, starting as soon as possible with DEXs), with some benefits compared to paying with BNB.
ArtCoin is also a direct reflection of the intrinsic value of TheArtClub platform: in our mind ArtCoin holders are in fact stakeholders of the project, and ArtCoin value will eventually mimic the expansion that will occur: the more we excel in the services we intend to provide to the entire Art community, the more users will need ArtCoin in order to access those same services.
In the future, we intend to give a governance role to ArtCoin token holders: they will get the opportunity to influence decisions concerning the platform such as proposing or deciding on new feature proposals.
During a limited period TheArtClub offers the Private Sale of ArtCoin
at the price of 0.007 BNB
1. Minting policy, total supply, circulating supply.
*There will never be new emissions of ART, nor token burning.
Key metrics:
Ticker |
ArtCoin |
Symbol |
ART |
Token type |
Binance Smart Chain BEP20 |
Total supply |
1.000.000 |
Token emission price |
0.01 BNB |
Blockchain address |
|
Preliminary Token Audit |
2. Token distribution
As stated before, ArtCoin is the core of TheArtClub platform, hence every single ART committed to future art projects will be treated with maximum respect towards holders, investors, and markets.
Private Sale – Max 5% |
Public Sale – Max 10% |
Liquidity Reserve – Max 20% |
Community – 10% |
Marketing & Advisors – 15% |
Foundation – 20% |
Team – 20% |
Initially, there will be a limited amount of ART in circulation: those coming from the public sale, and then the part intended for the initial liquidity providing in DEXs and CEXs, as explained in detail below.
Private Sale: will not exceed the 5% of the total supply (50.000 ArtCoins).
Public sale: for a very narrow window of time, we will offer the opportunity to buy ArtCoin directly from our platform, until the launch of the Initial Decentrilized Offering (IDO). A total of 100.000 ART will be introduced in the market this way.
Liquidity providing in DEXs: we intend to start providing liquidity for ArtCoins as soon as the IDO is over. Then the reserve will be destined to collect ArtCoins through the platform and offered back to exchanges.
Community: the most active users of our platform (artists, collectors and buyers) will get a reward both in terms of limited edition TheArtClub NFTs and ArtCoin airdrop. This topic will be explained further in a future release. However, rest assured that our intention is not to dilute the supply, but to incentivize both holding and use of ArtCoin.
Foundation: TheArtClub, as part of an avant-garde, forward-thinking project, aims to build an Academy that will be housing the most representative digital, AI artworks that have inhabited the platform since its launch, as well as hosting workshops and courses by the best digital artists, therefore becoming the tell tale sign of a new movement in the art world.