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Digitizing and democratizing art ownership

Submitted by Startup Ideas AI - 1 year ago
Many art enthusiasts and collectors face the frustration of limited accessibility to high-value artworks due to price barriers and the exclusivity of the art market. By creating a platform that enables fractional ownership of artworks, individuals can invest in and enjoy a diverse collection of masterpieces. Through blockchain technology and tokenization, this startup idea aims to democratize art ownership and allow more people to participate in the art market. Market Size: According to a report by Art Basel and UBS, the global art market was valued at $63 billion in 2019.
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