Redefining Possible
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The Process

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Buying & Selling

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The Technical

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Definitions

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NFT

Non-Fungible Token

A digital version/representation of the asset (fine art, objects d’art, jewellery, valuable collection, pop culture paraphernalia, etc.) is created with blockchain technology so that it is a one-of-a-kind and fully secure digital version of the asset. This NFT is an entirely independent and new digital artwork creation born from either the physical asset or an independently created NFT from a renowned artist or organisation.


This Digital NFT asset is then auctioned off to the highest bidder (where a reserve is put into place) to members of the public who are registered on the platform.

The owner of the asset then receives the full profit/sale of this asset (less fees from the platform post auction). The owner of the NFT asset could achieve an NFT sale that equals or exceeds the value of the underlying physical asset (NFA) itself.

NFA

Non-Fungible Asset)

The physical asset (fine art, objects d’art, jewellery, valuable collection, pop culture paraphernalia, etc.) is fractionalised in share amounts (i.e. a $10m dollar piece would be broken up into 10,000 shares valued at $1k each).

 

Members of the public (once registered on the platform) can then buy shares in the physical asset, when the asset goes up for sale on the platform.

The profits of the sales of the fractions then goes to the owner of the asset (less than the fees from the platform).

 

The option to retain physical custody of the asset is limited to an institution such as a gallery or museum, and subject to conditions such as the asset being kept insured and stored appropriately.

A value-added bonus:

If a fractionalised shareholder wishes to sell their shares, the platform provides a secondary market facility, so shareholders can sell their shares or prospective buyers can make bids on those shares. Any transactions on or off our platform will give the original owner a royalty payment from those shares.

 

By doing this, the owner of the asset can potentially double or triple their profits by selling their asset through both and NFA and NFT channels.

 

There are no upfront fees. SM-ART will create the NFT on behalf of the owner and will also do all of the marketing and PR on behalf of the asset. The owner only has to consent to allow them to create the NFT and fractionalise shares of the NFA and once the assets are sold the asset owner receives all of the funds immediately minus the platform’s fees.

What Sets Us Apart

Art Auction Houses / Galleries

Sm-ART

Sellers

Investors

The Process

Step 1

If you do not already have a cryptocurrency wallet you will need to:
Log on to Binance (recommended) and create an account:

To create a Binance account you will need: Driver's License or Passport, and to go through the Binance 3D Face recognition process.

Step 2

Once your Binance account is set up, you will then need to purchase your cryptocurrency.

Step 3

Register and create your portfolio on the SM-ART website here

Step 4

Purchase your art!

Step 5

With SM-ART, there are no storage fees and no lock-in periods. You have the freedom to sell your tokens anytime. We can even help you to sell your tokens should you choose.

SELLING AN NFT

Step 1

Contact the SM-ART team to discuss your NFT and if it meets the criteria for the SM-ART platform.

Step 2

The NFT ownership (linked to a high-value asset) and authenticity is verified by SM-ART.

Step 3

The NFT is submitted to the SM-ART Selection Committee for approval to be listed on the platform.

Step 4

If the NFT has already been created then it is sent to SM-ART for review and approval. It is then uploaded onto the platform. If the NFT needs to be created, then the SM-ART team will help create the NFT on your behalf.

Step 5

SM-ART handles all of the PR, marketing and advertising around your NFT and then it goes to auction on the agreed date!

Step 6

Your NFT is sold to the highest bidder (once it has met the agreed reserve) and then your funds are deposited into your wallet through our secure blockchain – less than the SM-ART platform fees.

SELLING AN NFA

Step 1

Contact the SM-ART team to discuss your NFA and if it meets the criteria for the SM-ART platform.

Step 2

The NFA ownership and authenticity is verified by SM-ART.

Step 3

The NFA is submitted to the SM-ART Selection Committee for approval to be listed on the platform.

Step 4

The SM-ART team will then create the digital imagery of the NFA and agree with the owner on the reserve and fractionalisation amounts. This will be listed on the platform and show how many tokens are left once it is open to the pubic to purchase.

Step 5

SM-ART handles all of the PR, marketing and advertising around your NFA and then it goes live for the public to begin purchasing the fractionalised tokens on the NFA on the agreed date!

Step 6

Once all of the tokens on your NFA have been sold, the funds are deposited into your wallet through our secure blockchain system – less than the SM-ART platform fees.

Let’s Get Technical

Our mission is to make rare, unique and high-value assets accessible and enjoyed by everyone.

A digital version/representation of the asset (fine art, objects d’art, jewellery, valuable collection, pop culture paraphernalia, etc.) is created with blockchain technology so that it is a one-of-a-kind and fully secure digital version of the asset. This NFT is an entirely independent and new digital artwork creation born from either the physical asset or an independently created NFT from a renowned artist or organisation. This Digital NFT asset is then auctioned off to the highest bidder (where a reserve is put into place) to members of the public who are registered on the platform. The owner of the asset then receives the full profit/sale of this asset (less fees from the platform post auction). The owner of the NFT asset could achieve an NFT sale that equals or exceeds the value of the underlying physical asset (NFA) itself.

Still Have Questions?

Creation and sale of NFTs linked exclusively to a unique and high value asset.

Multimillion-dollar artworks, for example, are broken up into 'asset tokens’ – digital units that can be bought and sold easily – literally at a fraction of the cost. Buying an asset token is like buying a share in an artwork.

Transparent, inclusive and fair.

Traditional auction houses charge up to 25% commission on sales.

Galleries, charge up to 50%. Our fees are super low in comparison, for buyers and for sellers. Plus, with SM-ART, there are no storage fees and no lock-in periods. You have the freedom to sell your tokens anytime.

Interact directly — without intermediaries.

Available to everyone.

SM-ART is the ‘smart’ expansion and evolution of selling high value assets whilst leveraging NFTs. Our aim is to maximise the revenue potential for asset owners, open the opportunity of ownership to many more individuals than the conventional model, including the smaller investor.

If that wasn’t making enough of a disruptive impact in the industry, we are also facilitating the transfer of access to such high value assets of significance, from private hands to the general public, ensuring that precious and rich heritage is preserved and accessible to the public to enjoy and appreciate – as intended by the creators.

Definitions

Tokenised Assets

"Tokenised Assets"

Multimillion-dollar assets are tokenised into ‘asset tokens’, as fractionalised Non-Fungible Tokens (f-NFTs) and Physical Fractional Tokens (PfTs). In the case of a PfT, each asset token represents a share of the beneficial interest in the underlying asset and can be instantly re-sold on the platform thereafter, subject to a continued demand for fractional ownership within the marketplace.

All asset tokens representing your share of the asset are secure blockchain tokens, compliant with the Ethereum ERC721 standard. Enjoy the safety of the Ethereum protocol and the convenience of storing them on your very own, private crypto wallet.

Auction Platform

"Auction Platform"

Revolutionising the sale and access to incredible rare and high value assets.

Asset tokens can be purchased using one of a range of cryptocurrencies in accordance with the seller’s requirements. Smart contracts ensure a fair and transparent process and token distribution.

Revolutionise the sale and accessibility of such remarkable and unique assets – meet thousands of interested buyers on our secure, transparent platform, and open up the possibility of the general public having access to these assets as intended by their creators.

The SM-ART Collector’s Marketplace

Buy and sell asset tokens on a secure, real-time NFT and Physical Asset Platform that’s open 24/7, 365 days of the year. You can buy and sell asset tokens on any exchange where they are listed. Raise capital against your art collection. Enjoy increased liquidity and global access.
• Open 24/7
• Achieve higher and multiple revenue streams
• A truly global reach for both buyers and sellers

The Process

"The Process"

Firstly, a digital representation of the asset is created as an NFT, which is then made available for purchase, allowing collectors of unique and high value NFTs to add to their collections. When listed on the SM-ART platform, assets are split using blockchain technology into asset tokens representing a percentage ownership. Interested buyers can purchase asset tokens representing a share in the asset, and easily sell them on for a profit to other interested buyers.

Sale Distribution

"Sale Distribution"

Asset owners can list assets on SM-ART and sell the Asset Tokens to interested buyers. Interested buyers can pay in one of the accepted cryptocurrencies, as specified by the asset owner.

DUE DILIGENCE

"Due Diligence"

SM-ART carries out due diligence processes at the time of user onboarding as well as asset onboarding. Buyers can view the asset’s details, history, condition report, high resolution images of the asset, and, in the case of artwork or similar items, its full provenance before registering their interest to bid.

Tokenisation

"Tokenisation"

'Asset Tokens’ representing shared ownership in the asset are minted upon the successful completion of sale.

Buying and Selling Asset Tokens

"Buying and Selling Asset Tokens"

Interested individuals can buy / sell their ‘Asset Tokens’ via SM-ART based on wanting to sell a their tokens to interested buyers who have placed a bid.

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