Biforex Announces Initial Exchange Offering of the Art Can Die Token
- Groundbreaking platform empowers artists, collectors, and investors in the new era of Art 3.0
Dubai, UAE, May 4, 2023, ZEX PR WIRE, Art Can Die (ACD), a pioneering decentralized production company, is set to transform the art world by leveraging the power of blockchain, tokenization, and Decentralized Autonomous Organizations (DAOs). The project aims to create an innovative, secure, and transparent platform for artists, collectors, and art enthusiasts.
Biforex, a leading cryptocurrency exchange, has announced the Initial Exchange Offering (IEO) of the Art Can Die token ($DIE) starting on 08/05/2023, which will enable investors to participate in the groundbreaking project.
Art Can Die’s decentralized ecosystem enables artists to obtain funding for their projects without losing creative control. By connecting them with collectors and art lovers worldwide, ACD fosters a collaborative environment that results in exceptional physical and digital art. The platform also offers its members easy access to quality artwork, international exhibitions, and community events.
A lack of transparency, liquidity, and accessibility has held back the trillion-dollar art industry. Art Can Die aims to tackle these issues by utilizing cutting-edge technologies such as Non-Fungible Tokens (NFTs), blockchain, and DeFi protocols. ACD’s platform allows for the tokenization of artworks, ownership and provenance tracking, decentralized art market and fractional ownership, community governance and participation, and royalties and artist compensation.
ACD’s native token, $DIE, serves as a utility tool to access and govern the ecosystem. A total of 21 million $DIE tokens will be issued, with 2.7 million tokens sold during the first sales. Token holders will enjoy exclusive benefits, such as access to the secondary market (DeFi), metaverse, and staking system.
As the global art market embraces digital transformation, Art Can Die is poised to become a major player in the space, further democratizing the market and providing greater opportunities for artists and investors alike. The project plans to introduce curated collections, exhibitions, and immersive online galleries to enhance user experience and appreciation of art.
By providing artists with efficient financing options and giving art lovers, crypto users, and investors a secure platform to invest in quality artwork, Art Can Die is revolutionizing the art world and empowering artists.
For more information about Art Can Die and the upcoming IEO on Biforex, visit www.artcandie.com or follow them on social media.
About Art Can Die
Art Can Die is a community-led production company rethinking the creation and experience of art. Through its decentralized platform, Art Can Die empowers artists and connects them with collectors and art lovers to collectively produce exceptional physical and digital art. By leveraging the power of blockchain, tokenization, and DAOs, Art Can Die aims to create a more efficient, inclusive, and transparent art market, benefiting artists, collectors, and enthusiasts alike.
ZEX PR WIRE
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Money Builds journalist was involved in the writing and production of this article.