Dexus Art - Promote Digital Transformation of the Art Market

humayramou (30)in #dexusart • 3 years ago

What is NFT?
Non-Fungible Tokens are tokenized versions of a non-fungible asset like artwork, real estate, collectibles (in-game assets in our case). Non-fungible tokens can be used to create verifiable digital scarcity, as well as digital ownership. The specialty of non-fungible tokens revolves around three (3) concepts namely; Unique, Rare & Indivisible.

The resulting rare digital artworks can be thought of as continuing the long tradition of limited edition art prints such as those sold by art galleries, At the same time, rare digital artwork allows artists to directly access and trade with their patrons, without an art gallery or dealer taking a huge slice of the value. Furthermore, rare digital art collectors can trade among themselves using an integrated, decentralized art marketplace at a minimal cost in terms of fees, providing low-friction liquidity to a notoriously illiquid and fee-ridden traditional art market.

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What is Dexus Art?
DEXUS, the NFT art vault, created by a dedicated team of artists to promote digital transformation of the art market and artists’ practices

Dexus Art will work with emerging and established artists to obtain art works or even collections and produce certified NFT artworks.

Dexus art curators will discover and carefully select promising artists, theirs works will be obtained, certified and stored as NFT artworks in the Dexus Art vault.

What is DAVT Token ?
Dexus Art Vault Token (DAVT) is launched as ERC-20 token on Ethereum blockchain with the total supply of 10 million. DAVT is a governance token and carries the right to vote for:

Sell/buy specific NFT artworks
Add/remove incentive contracts for DAVT
Set the DAVT pool reward rate
Change DAVT allocations
Upgrade other contracts throughout the system
Tokonomics
Dexus Art wants DAVT to have a balanced distribution between Team, Community and Investors while prioritizing the Community

DAVT distribution:

DAVT Token Supply: 10 million tokens
50% DAVT vault treasury
10% Initial DEX Offering
20% Dexus Core Team
10% Staking Rewards
5% DEXUS Core Team investors
5% Grants
DEXUS providing initial liquidity at Uniswap on 21st of April 2021, at 13:30 (UTC).

If you are NFT artist and do you wish to promote your work to the broad NFT Community post your works at https://discord.gg/HP9bGJJxGV nft-promotion channel. Selected works may be acquired by the Dexus Art Vault.

Dexus Art - Promote Digital Transformation of the Art Market

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