Partial ownership of genuine Artworks instead of a ‘cryptographic token aka NFT’ 

Facts:

Non-fungible tokens (NFTs) are assets that have been tokenized via a blockchain. Tokens are unique identification codes created from metadata via an encryption function. These tokens are then stored on a blockchain, while the assets themselves are stored in other places. The connection between the token and the asset is what makes them unique.

NFTs can be traded and exchanged for money, cryptocurrencies, or other NFTs – it all depends on the value the market and owners have placed on them. For instance, you could draw a smiley face on a banana, take a picture of it (which has metadata attached to it), and tokenize it on a blockchain. Whoever has the private keys to that token owns whatever rights you have assigned to the token.

Risks:

      1. Volatility and Speculation: The NFT market can be highly volatile and driven by speculative buying and selling. Prices can fluctuate dramatically, making it a risky investment. It’s important to be prepared for potential losses and not invest more than you can afford to lose.

      2. Lack of Regulation: The NFT market is still relatively new and lacks regulatory oversight. This means there are fewer safeguards in place to protect investors from scams or fraudulent activities. It’s important to do thorough research and exercise caution when participating in the NFT market.

      3. Environmental Concerns: NFTs are typically built on blockchain networks that consume a significant amount of energy. This has raised concerns about the environmental impact of NFTs. As an investor, it’s important to consider the sustainability of the projects you support and look for platforms that prioritize energy efficiency and sustainability. As with any investment, it’s important to do your due diligence, assess your risk tolerance, and make informed decisions.

      4. Money laundering and illegal practices (supporting terrorist activities) through blockchains, crypto currencies dark web accomplices are gaining more and more importance and it is also the reason why the NFT market is regressing for over 25% and still descending versus the top years 2017/18/19/20.

    Review by the James Madison Institute:

    NFTs: so hot right now. You might have heard so much about these eye-popping auctions for weirdo jpegs on the internet that you’re pretty sick of them by now. For those still on the bubbly side of the hype cycle, “non-fungible tokens” can seem like the solution to online art monetization. For everyone else, NFT’s seem mostly like a high-tech way to part a fool from his money.

    How can you say to “own” an inherently non-rivalrous property?

    What the new class of proud NFT owners “own” is the “T” part of the acronym. They own a cryptographic token. The token is unique – hence “non-fungible” – and associated with a specific and verifiable piece of data. The token can’t be divided, duplicated, or destroyed (although the owner could easily lose it). Basically, people are buying a digital key file that is associated with the artwork or piece of music or property title in some digital space that is supposed to tell the world: “I own this.”

    NFT skeptics will almost certainly get to enjoy their schadenfreude. But this does not mean that the concept of an NFT is utterly useless. In many ways, the ongoing NFT mania is just the latest iteration of a cyclical cryptocurrency craze.

    ALTERNATIVES offered by Artifacts-World

    The more valuable and expensive artworks can partially be yours as we are willing to sell co-property of these artworks to allow new and / or existing collectors to obtain ownership of either 1/50th, 1/40th, 1/30th , 1/20th down to 1/10th or 1/5th of the artwork in question.

    You can upgrade your partial ownership over the years by re-investing and as such raising percentage wise your part of the piece of art. On mid-term or long-term basis you can become a full owner of the artwork. The partial ownership is tangible because you will receive a deed, signed by Artifacts-World and our lawyer and notary to make sure the investment you made or are making is genuinely judicially authentic and 100% risk proof.

    Interested ? Just ask us which artwork you are interested in and we will contact you to discuss the possibilities of acquiring partial ownership