BARTVault

BARTVault

Created using Figma
Created using Figma
BARTVault enables artists and art owners to protect their art through encrypted ‘Provenance Tokens’ on the blockchain. The Tokens prevent altering of vital information of art assets and their chain of custody, both necessary to protect their value. The system further enables frictionless P2P transactions using smart contracts that govern terms and conditions. BARTVault, with its underlying features of a 'trust protocol', cryptography and immutable global distributed ledger tracks the movement of the asset throughout its life – providing a complete 'chaîne de garde pour Toujours' (chain of custody for ever) to significantly reduce the incidents of forgery in art commerce.
ICO
Jun 3, 2018
Jul 15, 2018
100% completed
Raised funds - no Data
Goal 2 000 000 USD
Cap 15 000 000 USD
past
  • 1 ARTZ
    =
    0.05 USD
Pre ICO
May 3, 2018
Jun 3, 2018
100% completed
Raised funds - no Data
Goal 2 000 000 USD
Cap 15 000 000 USD
past
  • 1 ARTZ
    =
    0.035 USD
Token Details
Ticker
ARTZ
Accepted Currencies
ETH, BTC, LTC, DASH
Company Details
Registered Country
United States
Additional Details
Platform
Ethereum
Categories
Platform, Cryptocurrency, Legal, Entertainment, Art, Smart Contract

About BARTVault

Blockchain Art Toujours aims to change the opaque business model with the help of Blockchain technology. Our solution provides an opportunity to all artists and art collectors to participate in a more transparent and fair global Art Commerce ecosystem with complete confidence of immutable and
‘frictionless’ transactions. For the first time now in human history, Blockchain technology will allow people everywhere to trust in peer-to-peer transactions. This trust is established not by various big institutions but by collaboration, cryptography and by some clever code. Because trust is native to
Blockchain technology, blockchains have the potential to replace traditional intermediaries with decentralized networks of trust. We will connect artists, collectors and investors in art directly, via an open Ethereum Blockchain platform and with escrow smart contracts that carry out transactions. It will
reduce the need for participation of intermediaries, such as brokers and art dealers that facilitate transactions. It will also replace reputation-based trust with trust which is based on the decentralized and distributed blockchain ledger.

Features

ARISTON TOKEN (ARTZ)
This is the basic Token in the BARTVault system and will be on sale at the ICO. The name ARISTON is derived from Greek word ‘Aristos’ which means "best and most excellent." The ARISTON represents a medium of exchange in the Platform and will be at the heart of BARTVault’s ecosystem enabling to federate a strong Art Community incentivized to use ARTZ’s. The token gives a concrete and an essential utility for all stakeholders with its numerous uses on the platform that facilitate a robust ‘token economy’ with incentive mechanisms.


The Asset Provenance Token (PROVENIR)
Each Art asset in the Platform can only have one PROVINER Token registered on the Blockchain in order to uniquely identify the asset and prevent from forgery and misuse. This token confirms the identity of the asset along with its authenticity, location and condition. The token will remain on the Blockchain forever (Toujours) with an immutable ‘chain of custody’ record. A user holding the Provenir Token will be the owner of the underlying art asset and will have all ownership rights and privileges linked to that art asset.


THE PROVENIR DERIVATIVE TOKEN (PDT)
The Token owner encodes usage rights and permissions to the art asset in the PDT. Provenir derivative tokens are linked to specific PROVENIR Tokens and represent and grant rights to create derivative works (such as a specific number of prints, copies, or other use rights provided in the PDT). Each PROVENIR can have multiple PDT’s outstanding – that is for any single PROVENIR there can exist a number of PDT’s – each with varying permissions.

Technical Info

BARTVault Platform Technology & Features

PLATFORM:

Our Platform combines ‘off-blockchain’ and ‘on-blockchain’ features. The off-blockchain features include an image database and self-service client interface that includes features of direct sales and auctions of ‘tokenized’ and ‘non-tokenized’ art. At first, popular fiat currency payment methods will be accepted on the platform in addition to cryptocurrency due to the limited user base of people that use cryptocurrency. To be fully efficient and to gain market share over direct competitors, our platform will need to attract many users to derive value from the “network effect”. The main goal thereafter is to incentive all users to use Blockchain and cryptocurrency with discount and bonus incentives.

The blockchain-enabled features of the platform consist of a complete workflow to ‘Tokenize’ art. (Tokenization is the process of performing provenance on art) and storing the token as a decentralized record of art assets and their chain of custody – i.e. proof of the asset in form of a ‘Provenance Token’, which we call ‘PROVENIR’ on the Ethereum Blockchain. The Provenir token can be obtained using our platform currency ‘ARISTON’ (Symbol ‘ARTZ’). In addition to the Provenance Token (Provenir), users can also obtain Provenance Derivative Tokens (PDT’s) for each of their assets using the ARISTON. The PDT’s assign permissions for duplication, printing and other uses of art. A percentage of the cost of provenance of each item, along with a percentage of derivative tokens will be collected by the company. The remaining amount will be distributed to art experts, moderators and those participants who contribute towards establishing provenance. Transactions related to permanent or temporary transfer of custody and/or ownership of the Provenir and PDT tokens are governed by escrow smart contracts on the Blockchain.

Blockchain features are:

-Multicurrency Acceptance
The BARTVault platform accepts all currencies including Fiat currencies. The choice of currency is not an obstacle and anyone can participate in the BARTVault ecosystem.

-Tokens for Art Assets
Provenir Tokens are encrypted ‘Provenance certificates’ and are an alternative to the `exhaustive paper trail traditionally used to prove the authenticity and ownership of art.

- Smart Contracts
Transactions related to permanent or temporary transfer of custody and/or ownership of the Provenir Tokens are governed by escrow smart contracts that record all events in the life cycle of an art.

-Token for Derivatives
The Provenir derivatives token (PDT) encodes usage rights and permissions to the art asset. Multiple PDT’s can be created by the art owner granting varying use permissions.

-Arbitration and Claim of Ownership
The arbitration feature resolves conflicts regarding claims of ownership in addition to any issues related to terms of contracts. The arbitration algorithm selects arbiters and the outcome is decided by a majority of votes.

BARTVault Roadmap

  • Q1, 2018

  • Launching the token pre-sale - Launch of token crowdsale (ICO) and listing on a top exchange.
  • Q2, 2018

  • Release of BARTVault features to enable art owners to register and upload art.
  • Q3, 2018

  • Release of Beta BART/APIs for partner services network- Print, Photo labs, Framing, Storage services. Implementing the mechanisms of arbitration.
  • Q4, 2018

  • Implementation of additional smart contract features of (a) leasing art for a specific period of time (b) purchasing artwork on an 'installment plan'. Implementation of community governance mechanisms.
  • Read More
  • Q1, 2019

  • Implementation of additional smart contract features: (a) enabling a group of people to own shares in art on a ‘timeshare’ basis (b) implement Shares in Art (SIA) features to Provenir Tokens.
  • Q2, 2019

  • Release of Beta of ‘Enhancements Framework’ to our Technology Platform to test transition of appropriate fully decentralized services managed and operated by the BARTVault user community.
  • Q3, 2019

  • Release of Reputation portability to allow experts / appraisers and other participants to certify their BARTVault reputation to other services using Blockchain technology
  • Q4, 2019

  • Mobile Blockchain applications with Decentralized exchanges (subject to successful launch of projects such as EtherDelta, EthFinex, Lykke, OmiseGo, KyberNetwork, VariabL etc.)

Activity

Posts:
248
MEDIUM
Followers:
124
VERY LOW
Likes:
116
VERY LOW
Followers:
8
VERY LOW
Tweets:
140
MEDIUM
30 Days Growth:
1
Alexa

Rank:
19 388 716
VERY LOW
Delta:
10 007 019

Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

CEO and Co-Founder
unverified
Sr. Software Architect
unverified
PMP, Senior Project Manager
unverified
CTO & Co-Founder
unverified
Ejaz Anwer
Sr. Software Developer
unverified
Training & Curriculum Development
unverified
Abdullah Ahmed
Mobile Applications Lead
unverified
Platform Development Lead
unverified
Sr. Software Architect
unverified
Blockchain Consultant
unverified
Research Analyst
unverified
Financial Analyst
unverified
Blockchain Developer
unverified
Software Architect
unverified

Advisors

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Creative Director at GIA
unverified
Finance Advisor
unverified
Mr. Naveed Malik
Advisor
unverified
Sarah Hameed
Advisor
unverified
Marketing Professional
unverified
Kathryn Bonanno
AntiQuorom Founder, (USA)
unverified
S & L International
unverified
Roger Boman
CEO of HPZ LLC
unverified
Director of Network Engineering, Badu NW
unverified
Jennifer-Lynn Archul...
Editor, Gems & Gemology at GIA
unverified
Saeed Akhtar
Artist
unverified

Last News

N/A
5.0 17
ICO Profile Vision Activity Potential Product Team
  • Because there may be time differences in information updates, accurate information about each ICO project should be verified through its official website or other communication channels.
  • This information is not a suggestion or advice on investing in ICO funding. Please thoroughly investigate the relevant information yourself and decide on ICO participation.
  • If you think there are issues or problems to be corrected on this content, or if you would like to submit your own ICO project to be listed, Please email us.
Please read the disclaimer and risk warning. Show disclaimer and risk warning.
Planning an ICO? We can help with a wide range of support for all stages of your ICO