Country for PR: United Kingdom
Contributor: PR Newswire Europe
Friday, January 10 2020 - 18:24
AsiaNet
A R T C E L S, Digital Platform for Blue Chip-Art Investments, Launches 'XXI', the First Ever Asset-Based Contemporary Art Exhibition
LONDON, January 10 /PRNewswire-AsiaNet/ --

    A R T C E L S [http://artcels.com/], an innovative digital platform for 
blue-chip art investments, will make its highly anticipated launch on 20th 
February 2020 at the world's first asset-based tokenised contemporary art 
exhibition titled 'XXI'. 

    A R T C E L S is the brainchild of Glencore commodities trader, Gijs de 
Viet and London-based contemporary art gallerist, Elio D'Anna of the House of 
Fine Art (HOFA [https://thehouseoffineart.com/]), who designed it to open the 
lucrative world of blue-chip art investments to a wider and younger 
international market. The pioneering contemporary art exhibition will offer 
investors equity in the form of digital tokens similar to cryptocurrency backed 
by shares in the artworks as registered assets of a London UK based Limited 
company.   

    Citing the Economist, Gijs de Viet explains that "Fine Art has been the 
single best performing asset class over the last 100 years, so it's about time 
this opportunity be opened up to a much wider group of investors." He adds, "A 
R T C E L S' mission, is to provide a new alternative to traditional ways of 
investing in art whilst building a bold and diverse portfolio of Contemporary 
Art with a focus on rare editions and works on paper to attract younger, 
web-savvy investors with an offer on high-end assets and high value shares."

    A R T C E L S parcels art into shares worth a minimum of £390 ($500) 
determined through proven quantitative strategies for art asset acquisitions 
and made available exclusively to subscribers. Art connoisseurs will get a 
chance to experience A R T C E L S at the two week 'XXI' exhibition, taking 
place at HOFA's new state-of-the-art Mayfair gallery, where artworks by Banksy, 
KAWS, Damien Hirst, George Condo, Jeff Koons and other blue-chip artists will 
be on display. Prospective investors can choose between sole acquisitions or 
investments in wider, diversified art portfolios which offer fractional 
ownership and reduced risk. Whatever their choice, they can be assured they are 
investing in carefully sourced art, whose value are projected to appreciate 
based on expert analysis of market trends.

    To minimise the risks inherent in art investments, pioneering features have 
been built into A R T C E L S, supported by strategic partnerships. Swiss-based 
company, 4Art-Technologies AG [https://www.4art-technologies.com/], generates 
cryptographic signatures that provide cutting-edge authentication for its art 
assets, while Swiss blockchain company Assetyze AG [https://assetyze.com/] 
brings the blockchain based solution to create a secure, digital token that can 
reliably proof the existence of the digitally issued tokens. The incorporation 
of authenticity, ownership and asset inventory information into a single 
digital token is set to introduce a «Gold Standard» of transparency and trust 
into a market plagued by poor data quality in connection with tangible assets. 
A R T C E L S will also allow investors to enjoy their investments at exclusive 
art events held multiple times each year, with London, Los Angeles and Shanghai 
already planned for 2020 and up to 10 exhibitions by 2022. 

    As co-founder Elio D' Anna explains, "...as a diverse investment, investing 
in art through A R T C E L S is both secure and engaging because there's also 
the aspect of enjoying your investment at public exhibitions, as well as 
private viewings with other shareholders. It's a pleasure that's only 
comparable to collecting classic cars, watches and fine wines."

    A R T C E L S will open to subscribers on the 20th February 2020.

    Photo - https://mma.prnewswire.com/media/1064031/Companion_KAWS.jpg 
    Caption: Companion KAWS

    Contact: Emma-Louise O'Neill, +44-7515-136909, emmalouise@artcels.com


    Source: A R T C E L S