How It works? Here is the business model. It has to be simple and clear.
Smarts contracts over future art production: a collector, an individual investor, a gallery or a fund can acquire, invest or promote art by purchasing a share of art or anticipate and invest in future art production through the legal smarts contracts. You can also invest directly in an artist or an artists' shares of funds.
Our app streamlines and promotes the match between the needs of users and that of artists from the point of view of sales or promotion as well as development. The exchange of opinions and ideas on the works of artists and those exhibitions provide spaces for virtual social interaction.
1. Smarts Contracts over future production of art: it would be propose for individual artists and groups of artist whose compound a art funds with future live production or current art.
Five artists proposes to produce 100 works in two years with strict parameters of quality, quantity, price and the art production as legal collateral backed from smart legal ownership contracts. Based on historical forecasts and future estimated price potentials. With the objective to meet at fairs with certification of renowned curators.
GoArts opens a fund for the emerging, mid-career or established artists for usd500k, with expected profitability upfront at 30% and a potential increase of 20/30% in relation with the current market works pricing. GoArt Fees 2% for management plus 20% on the expected excess profits. Potential final fund value: 1.5-2M. Only with original production without secondary market sell products as hand prints.
2. Open current opportunities, proposals:
Subvalue offer funds and individual works proposals over current art opportunities generated for GoArts team.