ALL PUBLIC ART

Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency. Instead of trust being mediated by a bank or other centralised financial institution, transactions take place directly between users, peer-to-peer. These transactions are verified by network nodes through the use of cryptography. Special nodes, called miners, record transactions to a public distributed ledger called a blockchain. Bitcoins are issued to miners as an incentive to attract their computing power to secure the network. Today, I will try to give you brief information about APA (All Public Art). If you want to read more about APA ((All Public Art)) please visit official webpage : https://allpublicart.io/ and here’s the discussion:

Blockchain technology offers great potential and is suited to the art market as it enables direct (peer-to-peer) services for the artists, sellers, collectors and consumers, while offering transparency of the sales.

This will minimize the number of counterfeit artworks as well as intermediary price manipulation in the market. In the past, a buyer and seller would have to trust the intermediary (auction house, art consultant or art gallery) to coordinate the trade.

Introducing All public art (APA)

The online art market is growing. According to Bloomberg, this is occurring at an annual rate of about 24%. The market cap of the entire vertical is also expected to top $9.58 billion a year by 2020.

At Sotheby’s alone, internet buyers spent $155 million in 2016, up 20% from a year earlier. Christies doubled the number of its online-only sales in 2017.

Yet for all its growth and obvious potential, the global art market faces several enduring problems. The first is the ongoing prevalence of counterfeiting and fraud. The second is the ability of artists to reach buyers in a way that allows them to make money. Middlemen and art dealers are still the bedrock of the global art market and they too are fragmented.

All Public Art is a company with a singular goal. It wants to facilitate the peer-to-peer trading of art that benefits and rewards all participants while eliminating the counterfeiting problems that dog the vertical. The company intends to contribute to the growth and sustainability of the global art community by creating a blockchained ecosystem that supports both artists and art buyers.

The company was launched in 2015 as an app and has continued to grow ever since. Great reviews and a growing community have created a momentum that has inspired the company to implement its blockchained marketplace.

Thanks to blockchain technology, transparency is increased ensuring a more convenient and legitimate marketplace for trading art.

All Public Art is Dedicated to 6 Goals

Support artists, sellers, collectors and consumers that trade art.
Enable transparent, publicly auditable transactions between artists, sellers, collectors and consumers through blockchain technologies.
Leverage new and exciting technology to help artists.
Increase the quality of the trade process by eliminating the role of the intermediary.
Reduce counterfeit art in the market through modern identification methods and blockchain tracking technologies.
Connect the global community of people who love art.
All Public Art aims to create a thriving community of people who purchase and sell art with the advantages of blockchain technology.

All Public Art’s team is excited to execute ideas that will integrate blockchain technology into the art market, improve art trade services and increase the economic and social benefits in the art community on a global scale.

The All Public Art App

All Public Art’s mobile app and website has been a success since its launch in 2015. Thanks to our ever-growing community of active users, great art has never been easier to find and share anywhere in the world.

Vision

The primary objective and long term goal of All Public Art, is to have the AllPublicArt token be the go-to peer-to-peer trading tool in the art market. For that vision to be achieved in the art market, the All Public Art’s marketplace has been executed. The art market and blockchain technology will merge perfectly due to the combination of these fundamental features of the program:

• Simple Communication.
• A Transparent System.
• Security and Stability.
• Empowering Artists and Art Collectors.
• A Community of Supporters.

In order to achieve a successful community of peer-topeer trading, the All Public Art marketplace is in the process of being established. All Public Art is proud to present art collectors, art enthusiasts, consumers, artists and art sellers an opportunity to join All Public Art as we strive to contribute to moving the art market forward.

Token Pre-Sale:

The pre-sale phase will run from February, 12 2018 to February, 18 2018. The goal of this phase is to build momentum for the token sale in a short period of time, and to encourage early investment.

$15 worth of ETH minimum for Artists 25%
$10.5k worth of ETH 25%
$30k worth of ETH 30%
$150k worth of ETH 35%
$300k worth of ETH 40%
A bonus will be issued depending on the amount of tokens contributed. A minimum contribution of $10.5k worth of ETH is required to participate in this phase unless you are a registered artist. The details of this bonus are:

Token Sale:

Here are the details of the upcoming APA token sale:

Token name: APA
Token base: ERC-20 utility token
Token supply: 800,000,000
Token pre-sale dates: January 29 – February 6, 2018
Token sale dates: February 7 – March 7, 2018
Token sale target: USD $30 million
Token price: $0.075

Token Distribution

The funds will be used for development, marketing, operations, legal, governmental duties and other expenses that will occur in next few years. These funds are necessary for developing and running the AllPublicArt token project in All Public Art.

50% Development
25% Marketing & Sales
15% Operations
10% Legal

How It Works?

Our primary objective and long term goal is peer to peer trading (P2P) in the art market. For that vision to be achieved in the art market, the All Public Art’s marketplace has been created. The art market and blockchain technology will seamlessly merge together due to the combination of the fundamental features of the program. There are four key components to the All Public Art trading process :

(1) REGISTRATION

Artists, art collectors and anyone interested in engaging with the All Public Art community or APA’s services must register on the platform. After registering and creating a profile on AllPublicArt.com or in the mobile app, an artist may post artworks and art related items in exchange for APA tokens.

(2) UNIQUE IDs & SECURITY

When artists and collectors register on All Public Art they will receive a unique ID which will be used to authenticate all their transactions on the blockchain. There will also be four options for Artwork Security:

• Unique ID with QR code
• Unique IDs embedded in tamper sensitive stickers and holographic stickers
• RFID chips (Radio Frequency Identification chips)
• Micro RFID chip in adhesive applied to the artwork

(3) TRADING

When an art collector finds an artwork that they want to trade tokens for, they may simply click on the “Acquire Artwork” button to initiate the trade with the artist. A smart contract associated with the trade will be coordinated with All Public Art’s API to document the details of the transaction on the Blockchain as well as transfer the APA tokens to a temporary address and lock them until the artwork is confirmed as received.

(4) SHIPPING

Shipping artwork can vary depending on the requirements of the transaction, therefore, All Public Art as provided artists and collectors with the following 2 shipping method options to choose from:

• Fine Art Shipping Affiliates for fine art
• Standard Shipping for small artwork and items

Roadmap:

APA Team

Advisor

I hope the information I provided above, you can do your own research and make a decision on the APA project. It’s a great Blockchain project where you are has activities or needs in the field of art should participate in it.

For more information about this All Public Art Project, please visit:

• WEBSITE : https://allpublicart.io/
• WHITEPAPER : https://allpublicart.io/whitepaper.pdf
• TELEGRAM CHANNEL : https://t.me/joinchat/G_xrCRB5DyRk58-dmGne6g
• FACEBOOK : https://www.facebook.com/allpublicart
• TWITTER : https://twitter.com/allpublicart

Author : Firmansyah Septyadi
https://bitcointalk.org/index.php?action=profile;u=1550748
My ETH Address: 0x920dBA2a2D7CaBf0606CAe34df2036C55173f2D3