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features
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Description

We acquire modern artworks from artists who possess established global markets and notable historical significance, thereby creating a system for issuing shares based on their worth, referred to as Digital Art Shares (DAS). Art pieces are offered to our community through a listing process, which divides the artwork's value into a predetermined number of DAS, all sold at a uniform price during live sales for a specified duration. Once the live sale concludes, community members have the opportunity to trade DAS on our secondary marketplace known as the ArtSquare Exchange. Utilizing blockchain technology, we effectively break down the value of these artworks into equivalent portions, enabling us to provide authentic, tradable shares for tangible assets such as paintings and sculptures. This method, known as "tokenization," ensures that DAS are securely maintained on the blockchain, allowing for safe buying and selling transactions. To acquire DAS, users must first deposit funds into their digital wallet using a credit or debit card, facilitating a seamless entry into the art investment space. Ultimately, this innovative approach empowers art enthusiasts to engage with and invest in high-value artworks more easily than ever before.

Description

Lofty allows sellers to submit their property for sale. Based on factors such as occupancy status, condition, location and rental history, the property is approved or denied. A new LLC is formed to contract the property once it has been approved. The tokens of the LLC are then converted into individual tokens worth $50 on the Algorand Blockchain. A professional property inspector will inspect the property and prepare a report. If repairs are required, the seller will either make them before closing or credit the LLC. The property is available for sale on the Lofty marketplace. After the property has been fully funded, the LLC will close the Title Company on the property and the deed will transfer to the new LLC.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

Axis LMS

Integrations

Axis LMS

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

ArtSquare.io

Founded

2018

Country

United States

Website

www.artsquare.io

Vendor Details

Company Name

Lofty AI

Country

United States

Website

www.lofty.ai/

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