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What Is All.Art Protocol (AART)?
The All.Art Protocol represents a breakthrough in digital assets and NFT technology. It combines advanced standards, embedded license rights, and creator economies to drive digital asset adoption and redefine digital ownership. By storing industry-specific metadata on-chain, the All.Art Protocol introduces superior NFT standards that facilitate widespread NFT usage across various industries.
The $AART token, which has exhibited utility since its inception, serves as the powerhouse across all ALL.ART products. When staked on the SolSea NFT marketplace, $AART not only unlocks gold listings but also reduces trading fees. It also functions as the primary currency within the metaverse, powering all user transactions. This dual functionality provides holders with tangible benefits and incentives to engage with the ecosystem.
The All.Art Protocol operates on the Solana blockchain, offering high-speed, low-cost transactions with Layer 1 scalability, minimal energy consumption, and upgradable smart contracts.
Who Are the Founders of All.Art Protocol?
Vitomir Jevremovic founded VR All Art in 2018, laying the foundation for the development of the All.Art Protocol. The platform serves artists, galleries, and museums, overcoming physical and temporal boundaries in the art space. This innovative strategy led to the incorporation of blockchain-based art trading in virtual exhibitions, marking a significant evolution in the All.Art Protocol. After successful development during the Solana seasonal Hackathon in 2021, the platform further evolved and integrated blockchain technology.
What Makes All.Art Protocol Unique?
All.Art Protocol stands out with its comprehensive range of products, tools, and features that empower creators to build and manage distinctive ecosystems across diverse industries. A key aspect of the protocol is its cutting-edge approach to on-chain intellectual rights management, ensuring the safeguarding and appropriate handling of digital assets. As metaverses gain prominence, NFTs play a crucial role in redefining digital ownership. The protocol introduces NFTs embedded with licenses, an innovative feature that highlights the paradigm shift in digital asset ownership and management.
How Many AART Coins Are There In Circulation?
The protocol has a total supply of 5 billion $AART tokens, which are scheduled for release over six years to prioritize long-term stability. All tokens undergo extensive locking or vesting periods to ensure a measured distribution. Currently, the token allocation is as follows: 19.5% for the ecosystem, 2% for public sale, 5% for liquidity, 5% for advisors, 22.5% for the team, 16.7% for the private round, and a significant 29.3% for the treasury.
Answers
What Is All.Art Protocol (AART)?
The All.Art Protocol represents a breakthrough in digital assets and NFT technology. It combines enhanced standards, embedded license rights, and creator economies to drive digital asset adoption and redefine digital ownership. By storing industry-specific metadata on-chain, All.Art Protocol introduces superior NFT standards that facilitate widespread NFT usage across various industries.
The $AART token, which has exhibited utility since its inception, serves as the powerhouse across all ALL.ART products. When staked on the SolSea NFT marketplace, $AART not only unlocks gold listings but also reduces trading fees. Additionally, it serves as the primary currency within the metaverse, powering all user transactions. This dual functionality provides holders with tangible benefits and incentives to engage with the ecosystem.
All.Art Protocol operates on the Solana blockchain, offering high-speed, low-cost transactions with Layer 1 scalability, minimal energy consumption, and upgradable smart contracts.
Who Are the Founders of All.Art Protocol?
Vitomir Jevremovic established VR All Art in 2018, laying the foundation for the development of the All.Art protocol. The platform serves artists, galleries, and museums, overcoming physical and temporal boundaries in the art space. This innovative strategy led to the incorporation of blockchain-based art trading in virtual exhibitions, signifying a significant evolution in the All.Art protocol. After its successful development during the Solana seasonal Hackathon in 2021, the platform has further evolved and integrated blockchain technology.
What Makes All.Art Protocol Unique?
All.Art Protocol stands out due to its comprehensive range of products, tools, and features that empower creators to build and manage distinctive ecosystems across diverse industries. A defining aspect of the protocol is its cutting-edge approach to on-chain intellectual rights management, ensuring the safeguarding and proper handling of digital assets. As metaverses gain prominence, NFTs play a crucial role in redefining digital ownership. Our protocol uniquely offers NFTs embedded with licenses, highlighting the paradigm shift in digital asset ownership and management.
How Many AART Coins Are There In Circulation?
The protocol has a total supply of 5 billion $AART tokens scheduled for release over six years, prioritizing long-term stability. All tokens undergo extensive locking or vesting periods to ensure a measured distribution. Currently, the token allocation is as follows: 19.5% for the ecosystem, 2% for public sale, 5% for liquidity, 5% for advisors, 22.5% for the team, 16.7% for the private round, and 29.3% for the treasury.
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