Artrade–Raising transparency and trust in the art world

in Steemit Graphics25 days ago

Since the previously traditional practices of the art industry are being reformed, transparency has become the watchword of the art market. The art world as a whole, comprising buyers, collectors, and artists, have called for increased transparency and accountability.

Artrade aims to champion this shift by harnessing the transformative capabilities of blockchain technology to fortify every transaction. Known to promote decentralization, the team of Artrade hopes to leverage on this core blockchain feature to eradicate intermediaries, streamlining the exchange process as a result, and eliminating vulnerabilities linked to third party involvement.

Also leveraging on Blockchain transparency and auditability, Artrade will look to offer participants a crystal view of the market’s transactions, instilling trust among buyers and sellers and making the art world more equitable and accessible.

Where liquidity had been an issue, Artrade’s innovative integration of NFT technology will profer solution by facilitating direct and secure transactions between participants, paving the way for a seamless exchange and liquidity boost.

Establishing a mechanism for community-driven decision-making is the integration of Artrade utility token $ATR which is set to list on Bitget, and will engage holders in the project’s success and governance.

Transparency in the art world helps to promote ethical and fair transactions, raise trust and confidence, and tackle issues such as fraud and money laundering. The ideal solution to the transparency challenges in the art world?

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