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RE: The Platform with the Goal to End Inconsistencies in the Art and Collector’s Business

in #blockchain6 years ago

I remember your previous post where you mentioned Codex protocol. Since then I have done some basic research.

First of all I wanted to check what is the valuation of the auction market and how can blockchain improve it. What I came across was quite surprising. A lot of rich people do not store their value in fiat. They actually use paintings and antiques by buying them and keeping them as assets and liquidate them once they need the money.

Codex protocol can be a potential game changer in two ways. First one is the direct way by providing the validation for subsequent auctions and sales. Second way is by allowing the mainstream money to enter the crypto market in an indirect manner and this is something that I am very excited about.

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