APA - ALL PUBLIC ART

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Do you ever hear about ALL PUBLIC ART? If not yet, I will tell you in this article.

ALL PUBLIC ART disrupts the art market with a robust, peer-to-peer trading platform utilizing technology to eliminate counterfeiting and intermediary price manipulation. All Public Art serves as a connection between three areas with incredible potential: art, blockchain technology and the people who create, sell or buy art. The art market’s growth and development continues to thrive through the unique merging of the aforementioned areas. By combining each area into a new, disruptive model of art trading, All Public Art ensures that there is an art market that is beneficial and fair to artists and collectors alike. Supporting All Public Art means supporting a healthy future for the arts as it brings together artists and consumers, from all walks of life, who share the same common interest: to make acquiring art, enjoyable, efficient and fair for all.

All Public Art is Dedicated to 6 Goals

• Support artists, sellers, collectors and consumers that trade art;
• Enable transparent, publicly auditable transactions between artists, sellers, collectors and consumers through blockchain technologies;
• Leverage new and exciting technology to help artists;
• Increase the quality of the trade process by eliminating the role of the intermediary;
• Reduce counterfeit art in the market through modern identification methods and blockchain tracking technologies;
• Connect the global community of people who love art.

All Public Art’s vision RIGHTS RESERVED.

The primary objective and long term goal of All Public Art, is to have the AllPublicArt token be the go-to peer-to-peer trading tool in the art market. For that vision to be achieved in the art market, the All Public Art’s marketplace has been executed. The art market and blockchain technology will merge perfectly due to the combination of these fundamental features of the program:

• Simple Communication

With blockchain technology, the rules are autonomously proposed and communicated, therefore, the use of smart contracts enables the art buyer and seller to trust the technology instead of relying on one another or a third party to orchestrate the deal. This eliminates human error, potential business manipulation and uncertainty, while improving the efficiency of the process.

• A Transparent System

On the All Public Art blockchain, all of the transactions are public (not the identity of the buyers or sellers) and cannot be altered in any way once on the blockchain. This unique feature of blockchain technology ensures a conducive business environment for the artists, sellers, art collectors and the consumers involved.

• Security and Stability

On the All Public Art blockchain, all of the transactions are public (not the identity of the buyers or sellers) and cannot be altered in any way once on the blockchain. This unique feature of blockchain technology ensures a conducive business environment for the artists, sellers, art collectors and the consumers involved.

• Empowering Artists and Art Collectors

Decentralization is the process of redistributing or dispersing functions, powers, people or things away from a central location or authority. This definition is perfectly suited to the art world and gives power back to the artists and art collectors by empowering each party to conduct their own transactions.     

• A Community of Supporters

All Public Art has a vision of people sending artists AllPublicArt tokens as a means of support on All Public Art or other platforms. The token does not have to be used on All Public Art; it can be sent to an artist’s wallet if they provide their wallet’s information to their supporters or post its address on social media platforms, such as Twitter, Facebook or Instagram. All Public Art’s disruptive model merges the most powerful features of blockchain technology with the art market to create a new service designed to have a lasting impact.

Workings of the Market Place

All Public Art will start by implementing AllPublicArt token trading services on our existing platform, as this will optimise successful art trading.

Trading Process

The following is a simplified example of how the process of trading art work for APA tokens would work on the All Public Art platform:

1. Regisration

Artists, art collectors and anyone interested in engaging with the All Public Art community or APA’s services must register on the platform. After registering and creating a profile on AllPublicArt.com or in the mobile app, an artist may post artworks and art related items in exchange for APA tokens.

2.                  Unique IDs

When an artist registers on the platform they will receive a unique ID which will be used to authenticate all their transactions on the blockchain. Collectors who register on All Public Art will also receive a unique ID, however their personal information will be kept private from artists and the public. The unique IDs assigned to artists and collectors will be seen when a transaction is documented by APA allowing the history of an artwork to be verified. When an artist posts a tradable artwork or art related item, it will also be given a unique ID by APA. Artists will be required to provide a description and images of the artworks they post on All Public Art. There are 4 options provided:

• Unique ID with QR code
• Unique IDs embedded in tamper sensitive stickers and holographic stickers
• Micro RFID chips in Adhesive applied to the artwork
• RFID tags (Radio Frequency Identification chips)

3.                  Trading

Artists will list their artwork for the exact amount of tokens that they are willing to trade the artwork for. When an art collector finds an artwork that they want to trade tokens for, they may simply click on the “Acquire Artwork” button on the “Details page” of the artwork. Once the button is clicked, the trade process is initiated. The smart contract associated with the trade will be coordinated with All Public Art’s API to document the details of the transaction on the Blockchain as well as transfer the APA tokens to a temporary address and lock them until the artwork is confirmed received.

4.                  Shipping

All Public Art provides 2 shipping options in the trading process:

• Fine Art Shipping Affiliates: Fine Art usually requires special handling, insurance and packaging by a qualified shipping company that specializes intransporting artwork. All Public Art is partnering with a list of approved shipping companies, in various metropolitan cities around the world, that are the best in the industry to serve the shipping component of the a. trading process.
• Standard Shipping: Shipping via the USPS, FedEx, UPS and other popular services are ideal for simple trades.

AllPublicArt (APA) Token Sale

When you participate in the token sale you will receive AllPublicArt tokens. The only cryptocurrency we accept in the token sale is Ethereum. A maximum of 800 million AllPublicArt tokens will be created. In the token sale, we will be selling no more than a total of 400,000,000 AllPublicArt tokens, worth a total of $30,000,000 (token sale cap).

Token Pre-Sale Phase

The pre-sale phase will run from April, 23 2018 to May, 29 2018. The goal of this phase is to build momentum for the token sale in a short period of time, and to encourage early investment.

A bonus will be issued depending on the amount of tokens contributed. A minimum contribution of $10.5k worth of ETH is required to participate in this phase unless you are a registered artist. The details of this bonus are:

*$15 worth of ETH minimum for Artists will receive bonus 25%

$10.5k worth of ETH will receive bonus 25%

$30k worth of ETH will receive bonus 30%

$150k worth of ETH will receive bonus 35%

$300k worth will receive bonus of ETH 40%

An individual may not purchase more than 16,666,666.7 AllPublicArt tokens, which equals $1,250,000 USD worth of ETH. Therefore, an individual may purchase tokens for a maximum value of $1.25 million worth of ETH (Ethereum).

*Artists pre-sale: Whitelist requirements: Visual artists that are registered on All Public Art and have their artwork and their artist website listed on www.allpublicart.com will receive a 25% bonus with a minimum contribution of $15 worth of ETH.

Token Sale Phase

The token sale phase will run from May 1, 2018 to May 29, 2018. Early participants will

receive bonus tokens to reward them for joining earlier. The sooner you join, the greater the bonus that will be given to you

1st (First) Week  will receive bonus 20%

2nd (Second) Week will receive bonus 15%

3rd (Third) Week will receive bonus 10%

4th (Fourth) Week will receive bonus 0%

An individual may not purchase more than 16,666,666.7 AllPublicArt tokens, which equals $1,250,000 USD worth of ETH. Therefore, an individual may purchase tokens for a maximum value of $1.25 million worth of ETH (Ethereum).

How Funds Will Be Used

The funds will be used for development, marketing, operations, legal, governmental duties and other expenses that will occur in next few years. These funds are necessary for developing and running the AllPublicArt token project in All Public Art.

50% Development

25% Marketing & Sales

15% Operations

10% Legal

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