ART-GALLERY
the world's first place where you can buy fractions of real art through smart contract
Gallery 10101 is a new tool for investing in the art industry
Gallery 10101 is a service that allows you to buy and sell real works of art in the form of smart contracts.
With the help of Gallery 10101 people from around the world can invest in masterpieces of world art
Owners of artworks will be able to sell all or part of their assets to an unlimited number of investors
With the help of Gallery 10101 people from around the world can invest in masterpieces of world art
Owners of artworks will be able to sell all or part of their assets to an unlimited number of investors
The Gallery 10101 project makes it possible to take full advantage of smart contracts for traditional art, attract mass investors, and implement collective ownership mechanics.
Art gallery 10101
is a two-part OMNI project
Offline gallery in a prestigious area of Dubai, UAE
Innovative online solution for the sale of real works of art
How does it work?
Identifying and evaluating the authenticity of a work of art
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The owner of a work of art (for example, a painting) enters into a contract with Gallery 10101 to sell the work
Placing smart contracts (tokens) exchanges
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Gallery 10101 places tokens on its own platform and leading exchanges
Placing Artwork in Gallery 10101
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The 10101 Gallery places the artwork in its own physical gallery in Dubai
Selling an artwork
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Anyone can buy a part of a painting, the purchase through a smart contract guarantees the buyer ownership of a physical work of art
Fragmenting and tokenization
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The asset is digitized, its electronic copy is divided into fragments, and each fragment is tokenized
What is a token from Gallery 10101?
The location of the object is determined by its owners, the initial placement is made in the off-line Gallery 10101 in Dubai.
This can be either individual ownership (one smart contact - one painting) or joint ownership (when the painting is divided into fragments and a separate smart contract is issued for each fragment).
The owner of the token can always send a request and receive all documents to physically confirm the ownership.
This can be either individual ownership (one smart contact - one painting) or joint ownership (when the painting is divided into fragments and a separate smart contract is issued for each fragment).
The owner of the token can always send a request and receive all documents to physically confirm the ownership.
A regular NFT token only guarantees the receipt of the copyright in a virtual object. However, a Smart Contract (token) from Gallery 10101 guarantees the buyer ownership of physical work or part thereof under UK law.
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What rights does the token confer?
What can be done with the token?
- buy
- sell
- pledge
- provide for liquidity
- the right to own part of the painting
- right to use the image of the entire painting
How are investors' rights protected?
- All works of art are independently evaluated and authenticated before being tokenized
- The right of the smart contract owner to own the artwork is recognized by the jurisdiction of the token issue
- The art is on display at Gallery 10101 in Dubai and is available for public viewing, all artwork is insured
- The gallery will only give the painting to the 100% owner of the tokens and guarantees the safety of the work and its availability
Project Advantages
For sellers
For buyers
- A quick way to enter the hard-to-reach but highly profitable art market
- Token value growth potential
- Investment security and transaction transparency
- Opportunity to pay for artworks using different methods (cryptocurrency or traditional payment methods)
- The opportunity to sell your work with a low commission
- Access to international markets
- Partial sale of the work
- Opportunity to obtain a fair estimate of the value of the work
- Potential to increase the value of the work by selling through segments
Project Stages
Gallery 10101 will purchase a trial batch of artworks on its own, place them in its own offline gallery in Dubai and tokenize them and place them on exchanges and marketplaces
Gallery 10101 will purchase a trial batch of artworks on its own, place them in its own offline gallery in Dubai and tokenize them and place them on exchanges and marketplaces
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What kind of paintings will be in the gallery? We are looking for...
Avant-garde
Salvador Dalí, Marc Chagall, Pablo Picasso, Amedeo Modigliani, Vasily Kandinsky, Umberto Boccioni, Georges Braque, Natalia Goncharova, George Gross, Henri Matisse, Alexander Rodchenko, Vladimir Tatlin, and others.
Andy Warhol, James Abbott McNeill Whistler, Andrew Wyeth, Norman Rockwell, and others.
USA
Europe
China
Principles of painting selection
Greatest painters
The most significant painters of various countries. We have to be prepared that we don't know some of them (e.g., the Dutch)
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Frans Hals, Pieter Bruegel, Jan van der Heyden, Albrecht Dürer, Lucas Cranach, Peter Paul Rubens, Anthony van Dyck, Karel Breydel, Nicolas Poussin, Jacques-Louis David, Jean-Antoine Watteau, François Boucher, Sandro Botticelli, Tintoretto, Filippo Lippi, Giotto, Lorenzo Lotto.
Cai Guo-Qiang, Liu Wei, Zeng Fanzhi, and others.
If it's Aivazovsky, it's a seascape; If it's Shishkin, it's a forest.
Recognizability
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Franz Roubaud., Vasily Vereshchagin.
Dubai motifs
The presence of expertise, provenance (list of previous owners) - mandatory.
The documents
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The export permit is issued before the transaction takes place
Possibility to export
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Buyers must agree to an appraisal + independent valuation
Expertise
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ART-GALLERY
ART-GALLERY