SimplexChain – Department of individual pioneer
Designed to attract emerging artists, creativity designers and independent art unions and brands. Focus on new ideas and Originally-Created Culture, as well as promote contemporary art, music, and literature. We collect the excellent art resources and core art news to create an artistic life system for every young artist and art experiencer.
It provides a platform to innovate contemporary art industry, linking artists, art works, art practitioners, collectors and art ecological industry, paralleling new technologies of the Internet of Things(IOT) to create a zero-distance, borderless, professional and intellectual art space
Why we create SimplexChain?
Narrow circulation channels and high circulation barriers
Lack of systematic trainings for potential artist
The centralization of traditional transactions
Opacity of authentication and authorization mechanisms
lack of Artwork pricing standards
monotonous business modes of art industry business
SimplexChain Promotes the Reform of Art Industry
4 billion investment
500 galleries join in
Identification of 100,000 works of art
700 million/year market turnover
700,000 art lovers gathered
It is undoubtedly I want to see the scene that my work can be seen by more people. I think an open community will enable me to communicate with more like-minded artists and promote my creation to a new stage.
Contemporary Oil Painting Artist
Nowadays, the drawbacks and shortcomings of the art market have not been improved. The global market for the fake artworks and collections amounts to US$6 billion annually, accounting for almost one tenth of the total trade volume of artworks.
SimplexChain Implementation plan
Artwork Token – Weakened Barriers
Each artwork will generate a unique certificate, realizing the asset securitization of artworks to be confirmed through smart contracts to each participating potential art collector. Collectors can trade in the community on the ownership of art works and gain value improvement. Lower transaction threshold, and reduce investment risk.
Art Fund – Support Young Artists
SimplexChain will establish the SimplexChainART Foundation to promote the healthy development of global art market, support young art creative talents, provide art resources, creative spaces to guarantee a healthy cycle of artists' creation, so that more art fans could participate in it.
Decentralized and Efficient Intelligent Trading Community
Provide a smarter, safer and more convenient trading experience. In the art trading mode, the intelligent blockchain contract system is adopted. Any two parties can confirm the right with their own digital identity as an endorsement according to the terms of the smart contract and the target object of confirmation can be easily traced to its source.
Traceability of the Entire Art Cycle
By collecting and recording the ownership of copyright, personal right, and property right of each artwork, a unique hash fingerprint is generated, and de-centered registration is performed along with owner information, creator information and circulation information. The blockchain technology ensures that the data cannot be tampered with, and the artwork information can be traced to its source.
Decentralized Art Community Consensus
Through a complete evaluation system, the community consensus represents the value of whole art category, the circulation of art and its financial value can reach unprecedented popularity and height.
“Art + Life” Space - Support the Whole Industrial Chain
Create a new artistic living space with the theme of “Art + Life”, and integrate art and design with a variety of presentations to unify creativity and life unite.