admire.art launches the first NFT marketplace dedicated to world-leading artists and galleries

admire.art

admire.art is excited to announce the upcoming launch of a unique marketplace offering NFTs from traditional world-renowned living artists.

Admire.artits mission is to provide a professional solution for traditional top galleries and artists to enter the NFT world, while creating a market of artworks created by leading artists for collectors.

Admire.art is the first platform to offer such a product in an effort to mature the market and foresees a wider use of NFTs thanks to the ambition to unite the traditional world and the Web3 world.

Already trusted by prominent galleries, the unique platform is revolutionizing the digital art world by finally offering a dedicated space for established artists and leading galleries.

Earlybird account verification

In preparation for the launch of the marketplace, admire.art is open for account creation and verification.

Earlybird users, galleries, artists and collectors are invited to create their account and verify it.

Join admire.art represents an opportunity for galleries and artists to engage with the digital realm through a platform tailored to their needs, while helping to mature and flourish this space.

Admire.art understands the significance of the change it catalyzes as a chance to embark on a journey of growth alongside leading artists, galleries and collectors.

World-renowned artists such as Ron Arad, Manolo Valdés, Rafa Macarrón, as well as prestigious galleries such as Almine Rech Gallery will be present for the launch of admire.art.

Additional names will be announced at the opening of the platform.

Keywords:

• According to annual reports from Art Basel and UBS Global Art Market, the NFT market has grown rapidly during 2021, with a total market value of approximately $18 billion, of which $2.6 billion was for art.
• Art provides an unrivaled professional solution for the world’s most important galleries and world-renowned artists who had until now been excluded from this new realm, missing out on a rapidly growing market.
• Artits primary market is exclusively dedicated to top-level traditional galleries, which sell works marked by their artists.
• Art enforces anti-money laundering standards in an effort to protect users, thanks to user-friendly KYC procedures handled by an industry-leading KYC verification company.
• The blockchain technology used by Art ensures ownership and provenance, and protects the market from counterfeit works of art.

Technical details:

• An Art-designed authorizations dashboard enables the gallery administrator to manage collaborators’ access to the gallery’s account without compromising the gallery’s wallet credentials. Through this dashboard, galleries also allow their artists to post artwork admire.art.
• Art developed a smart contract on which artists imprint artwork admire.art. Everyone admire.art-developed smart contracts are audited and reviewed by industry leaders.
• Galleries also have access to an administration tool to facilitate their administrative work (generation of invoices, access to transaction history, taxes, etc.)
• While fee-related issues created a lot of confusion among collectors on marketplacesadmire.art simplifies this matter by instituting a non-changing fee of 5% collected by the platform and a fee of 5% for the artist whether the artworks are sold on the primary or secondary market.
• Art complies with sales tax laws. In addition, admire.art determines the amount of fees to be paid, collects fees on behalf of the seller if the regulations require it, issues invoices and more.
• Art uses Tezos, a third-generation open source blockchain that is carbon neutral and energy efficient thanks to its proof-of-stake consensus mechanism. Tezos has undergone eleven upgrades that have reduced costs and increased transaction speed for users.
• Art offers features that no other NFT platform does. More of these essential features for selling artwork will be revealed when it launches.

“The Admire.art team invites all art lovers and enthusiasts to visit admire.art and follow admire.art on social networks to discover its features and stay updated on the upcoming launch.”

Website: www.admire.art

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