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ARTCOIN – All the Art in your Wallet.

Montecarlo, Monaco, Monaco , 12/01/2022 / SubmitMyPR /

A new piece of art in the blockchain world – ARTCOIN, is becoming increasingly popular, especially during a very fragile cryptocurrency market, forced to redevelop the underlying concept of virtual assets.

After the free fall of one of the giants, such as FTX, the crypto community has started to better value assets-backed tokens, a growing class of digital assets that open the door for compliant and regulated digital ledger investment.

ARTCOIN is an asset-backed token that derives its value from a representation of ownership of a physical asset like fine artwork, masterpieces, sculptures, and collectibles real world items of value. Recent big-ticket auction sales of artworks have generated significant buzz around the fine art market.At a May 2022 auction, the painting “Shot Sage Blue Marilyn” (1964) by famous artist Andy Warhol sold for a record breaking $195 million. The 2022 annual report by Art Basel and UBS Global Art estimates that worldwide art sales surpassed $65.1 billion in 2021. This represented an increase in sales of 29% from 2020, surpassing pre-pandemic levels of 2019. They also found that the volume of sales recovered from Covid-19 levels, increasing by 17% in 2021 to an estimated 36.7 million transactions. A 2022 CitiBank Report calculated the correlation between art and all other asset classes and found that most correlations are weakly positive or close to zero.

The easiest way for a beginner to invest in art, especially without a lot of starting capital, is to buy ARTCOIN tokens on the crypto exchanges like P2B, Bibox, Coinsbit, Bitmart, Digifinex, and many others that sign a long-term partnership with the ARTCOIN company registered in Montecarlo.

The tokens represent fractional shares of the entire diversified portfolio of the ARTCOIN collection. With fractional investing, an investor buys an interest in a piece of artwork along with other investors.

Masterworks like Caravaggio,…

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