Maecenas (ART) is an ERC20 token and a decentralized art investment platform, where art is bought and sold. Users can also trade art shares between each other to create a liquid secondary market. The artwork trading industry nowadays is old-fashioned and not very efficient. Galleries go through auction houses which charge hefty fees between 20 to 25 percent. ART costs only 2 to 6 percent. The tokens on the platform represent legal ownership of the works. Maecenas‘s total supply is 100,000,000 ART.ART was launched in November 2016 by CEO Marcelo Garcia Casil, who is a financial technology innovation expert. His background includes experience in Barclays Investment Bank, National Australia Bank, Credit Suisse, and Jefferies International. The Maecenas team itself consists of eight members working together to create the best experience for users.

Comments