Earning $ART
There are many ways to earn $ART in the LiveArt ecosystem including: (1) participating in primary sales, (2) holding Art assets, (3) participating in secondary trading, (4) through dividend-generating fractionalized art assets and (5) by providing guarantees as part of LiveArt’s novel decentralized guarantor model and . $ART is proposed to be utilized as a key component in LiveArt’s user acquisition & user retention token GTM strategy. The reputable actions for earning $ART will be as follows:
Primary Sale Participation
A standard launchpad mechanism, LiveArt will reward primary sale market participants with $ART tokens when they participate in pre-sale and public sales of artworks launched by LiveArt.
Initial Fraction Offering Participation
The biggest allocation for the $ART community rewards in phase 1, goes to the Initial Fraction Offering bidders. The earlier a bid is made during the auction the higher the $ART allocation.
Holding Art Assets
LiveArt offers a unique reward system for those who hold artworks. By holding these assets, collectors can earn $ART tokens, adding a new dimension of value to their collections. This innovative approach mirrors the traditional art world, where collectors often find their reward in the appreciation of their artworks’ value over time, enhancing both the cultural and financial aspects of art collecting.
RWA Secondary Market Trading
As holders of fractionalized artworks are part-owners of the artwork, then they are eligible to receive a portion of the trading fees for that specific artwork. This utility would be gated to $ART stakers only, providing a strong utility as all fractionalized asset holders are incentivized to purchase $ART tokens to transform their assets into yield-generating assets.
Data Oracle Participation
A significant portion of the $ART reward is allocated to a third-party art data provider for the Oracle. Typically this would be art galleries, auction houses but all LiveArt mobile app users.
Decentralized Guarantor Model
LiveArt is innovating the art trading space with a decentralized guarantor model, deeply integrated with the $ART token and stablecoin transactions. This model facilitates a more direct, efficient, and transparent process for the acquisition and sale of fractionalized art.
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