Maecenas is a three-year-old startup looking to revolutionize the art world through tokenization. It allows investors to use cryptocurrencies such as bitcoin to buy a share of an artwork. The value of the shares — or tokens — rise and fall in a similar way to stocks. This allows original owners to maintain partial ownership of a work as its value grows, and opens up the market to younger investors. Take note.
Discover P.J. Joseph's blog, your guide to colored gemstones, diamonds, watches, jewelry, art, design, luxury hotels, food, travel, and more. Based in South Asia, P.J. is a gemstone analyst, writer, and responsible foodie featured on Al Jazeera, BBC, CNN, and CNBC. Disclosure: All images are digitally created for educational and illustrative purposes. Portions of the blog were human-written and refined with AI to support educational goals.
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Monday, April 22, 2019
Maecenas
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