10101.art, 2024, NFT
10101.art, 2024, NFT
Dubai, UAE
10101.art is a cutting-edge art ecosystem that allows individuals to become co-owners of renowned masterpieces by Dalí, Warhol, Picasso, Banksy, and others.
10101.art’s collection of original physical paintings is available at Monada Art Gallery, located in the Ritz Carlton Hotel DIFC, Dubai. The permanent exhibition is open to both co-owners of the pieces and all gallery visitors, without the need for an appointment. The company leverages blockchain technology to democratise art ownership. For its curated art collection, the project utilises tokenisation, a WEB3 innovation.
This process involves:
Scanning and storing a secure digital copy of the artwork.
Creating a smart contract specifying ownership details such as the number of tokens and their price.
Linking purchased tokens directly to the artwork through unique identifiers.
By owning a token, users become legal Real World Asset holders of the physical artwork, verified by a digital certificate.
10101.art makes entering the exclusive art world more accessible and transparent via RWA tokenisation. Moreover, in 2025, the project will introduce royalty payments for artists, encouraging the creative community to work closer with modern technologies and their supporters. The ecosystem removes traditional barriers by simplifying the process of becoming an art collector, paving the way for a more transparent future of art ownership.
EXHIBITING ARTISTS
To be announced ,
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REPRESENTED ARTISTS