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FRESCO 2.5/5 (1) - Blockchain Art Trust Distribution Network

FRESCO is the world's first blockchain art trust value distribution network. Through blockchain technology, FRESCO enables artists, investors, dealers, galleries, and administrators around the world to demonstrate their artworks and evaluate collection strength, eventually creating an efficient and intuitive art value measurement system. FRES tokens represent the level of trust distributed to each artwork. To establish a quantifiable ecosystem for the evaluation and sharing of artworks, FRESCO pioneered in introducing the trust token distribution mechanism, FRESCO Protocol. FRESCO Protocol will create an efficient contractual mechanism between users and their artworks. Once the...

Token sale ended

2.5
Hype2.0
Security2.0
Team3.0
Vision3.0
  • Token: FRES
  • Price: 1 ETH = from 5000 to 6500 FRES
  • PreICO start: 15 Mar 2018
  • PreICO end: 20 Mar 2018
  • ICO start: 21 Mar 2018
  • ICO end: 15 Apr 2018
  • Country: Switzerland
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FRESCO is the world’s first blockchain art trust value distribution network.

Through blockchain technology, FRESCO enables artists, investors, dealers, galleries, and administrators around the world to demonstrate their artworks and evaluate collection strength, eventually creating an efficient and intuitive art value measurement system. FRES tokens represent the level of trust distributed to each artwork.

To establish a quantifiable ecosystem for the evaluation and sharing of artworks, FRESCO pioneered in introducing the trust token distribution mechanism, FRESCO Protocol. FRESCO Protocol will create an efficient contractual mechanism between users and their artworks.

Once the FRESCO platform is live, FRESCO token holders will have the priority to allocate their FRES tokens to their artworks. Each user’s spendable FRESCO tokens is FRES Cash, and the amount of FRES Cash one possesses represents their art trust distribution limit.

The number of FRESCO tokens allocated to artwork will be the FRES Trust. In the future, it will be the only decentralized and reliable indicator of an artwork’s potential value.

The FRES Trust reflects the total value of trust given to artwork by its current and previous owners. The FRES Trust distributed to each artwork is publicly visible and anonymous in identity. The distribution of the FRES Trust is irrevocable and adds a unique index of trust value to the artwork. The FRES Trust reflects the comprehensive academic and market value of that artwork in the intricate art environment.

The trust value of the artworks in the FRESCO network will accumulate after multiple transactions, resulting in the appreciation of its market value. In the FRESCO network, users can distribute a certain amount of FRES Cash to the artworks they own. FRESCO Protocol
generates the digital provenance of the artworks on the blockchain.

Transactions and circulation of art have been under myriad regulation for more than five centuries. On the operational level, however, the opaqueness of the transaction, the ambiguity of authenticity, the highly concentrated power of pricing and the exclusive collector’s circle along with a lack of access to prestigious artwork have together formed a formidable barrier that kept most art investors from the market. FRESCO, a revolutionary art trust evaluation and information sharing network, creates a decentralized art ecosystem. Unlike the traditional primary and secondary art market, all artworks in the FRESCO network are systematically archived on the blockchain.

Team

Roy Huang

Co-Founder

Ting Liu

Co-Founder

Niklas Stoehr

Engineer Director

Rachel Qin

Researsh Director

Irina Li

Curatorial Director

Jay Ma

Partnership Director

Advisors

Sylvain Levy

Collector Advisor

Joseph Scheer

Artist Advisor

Afra Al Dhaheri

Artist Advisor

Ho Jae Kim

Artist Advisor

Wendy Li

Finance Advisor

Di Jin

Technology Advisor

Kevin Johnson

Technology Advisor

David Gillbanks

Community Advisor

Denis Sholokhov

Marketing Advisor

Vladan Podjanin

Technology Advisor

Milestones

  • from 15 March to 15 April 2015
    FRESCO will start FRESCO token Pre-Sale and Main-Sale
  • 2018
    Secure our partnership with major galleries and museums while developing FRESCO’s alpha version live platform. A group of inviting artists and art collectors will be able to test and display their artworks on FRESCO’s platform.
  • 2019
    Launch our new FRESCO main live platform.

Token

  • Platform: Ethereum
  • Price: 1 ETH = from 5000 to 6500 FRES
  • Accepting: ETH
  • Token distribution: 60% - Pre-Sale & Main-Sale 20% - Foundation 20% - Team
  • Hard cap: 500,000,000 FRES

Proof Points
2/5

Legal entity

No exact legal entity were found. Information is requested by team via e-mail

Prehistory of project

No prehistory were found

Product or its MVP

According to the roadmap, alpha is planned to be developed in september 2018. Another MVP was not found

Members of FRESCO work with The MET, Museum of Fine Arts Boston and T+H Gallery but these museums are not related to the ICO.

Blockchain experience

Advisor Giovanni Lesna Maranetto – CCO at Hedge
Advisor at ENKIDUCHERRIO and Adbank

 

Advisors Kevin Johnson and David Gillbanks – Top managers at Plaza Systems

 

Advisor Vladan Podjanin – Co-founder of CryptoAngel

Escrow

No escrow information were found

Comments

Update: 31.03.2018

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