The Essence Project is a set of decentralized applications and technologies designed to revolutionize the auction industry by introducing smart contracts, increasing transparency, recording and sharing sales information and trends, and providing secure and fast transactions.
Essence Platform- The Essence Platform is a database application designed to save auction houses time, money, and frustration. On the Essence Platform, auction houses can easily view and manage their inventory, customers, and sales data. Auction listings are formatted for upload to a number of online auction and e-commerce websites, and all sales price records including “on-the-floor” sales are recorded for entry into the Essence Database. Smart contracts clarify terms and conditions with consignors and buyers and ensure quick and secure crypto payment. All technologies on the platform are free to member auction houses, and select technologies will be made open-source once the technologies are fully adopted by initial target industries.
Essence Token/XES- Essence Token is an auction-specific utility token. Essence Token’s important features include centralized cryptographic signing keys, the ability to break up large transactions to mitigate risk, and a reserve fund that is held by the Essence Foundation in the interests of auction houses, collectors and XES holders. XES can also be used to purchase physical assets and access previous sales records.
Essence Exchange- The Essence Exchange is an online auction hosting service similar to LiveAuctioneers and BidSquare that accepts XES and FIAT in exchange for real/physical assets. Initially, XES exchange rates can be chosen by select auction houses and consignors as a percentage of market rate.
Essence Database- All sales records that pass through the Essence Platform are stored on the Essence Database. Once enough data is collected, analysts and machine learning bots will create and publish market trends. The Essence Database brings transparency and trust to auction houses and is accessible on a subscription model.
Essence Foundation- The Essence Foundation is a registered corporation of Wyoming. The Essence Foundation is dedicated to the advancement of the Essence Project, and the oversight and issuance of Essence Tokens.
Essence Certified Dealers- Essence Certified Dealers are verified auction houses and fine art galleries on the Essence Exchange. Certified Dealers have: a legitimate track record of verified transactions, a business license, and an auctioneers license if required by the state they operate in.
Essence项目旨在连接资产类别。允许任何人交换加密货币和有价值的实物资产。通过创建经济上激励接受Essence Token的供应商市场,Essence项目将增加加密领域的流动性。 
拍卖行业目前是最分散的,最少的世界透明的产业。从历史上看,拍卖依赖于对作品的条件,出处和可取性的不同知识水平。对美术,汽车和房地产价值的狂热猜测是常态。
然而,由于互联网的影响,许多现代消费者不会在拍卖会上购买,除非他们感觉到一件作品的价值已有详细记载。虽然人们相信像苏富比和佳士得这样的大牌拍卖行的价格估计,但较小的拍卖行的可信度会随着时间的推移而在不同的圈子中波动。
跟上消费者的需求&rsquo ;改变偏好,拍卖行需要他们销售的作品的出处,条件和市场价值随时可供客户使用。随着透明度的提高和拍卖行’潜在的利润率下降,引入削减成本和增加收入的技术将变得非常重要。由于绝大多数拍卖行都是小型拍卖行,因此在个人基础上面对这些挑战往往在经济上不可行。
Essence项目将作为艺术画廊和拍卖的联盟,单独控制不到总市场的1%。这些艺术画廊和拍卖会合起来占据了90%以上的市场份额。
验证 25%
注意。未经证实的成员实际上可能不是团队成员
2 ICO
$3 000 000
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