ARTFI

What is Artfi? Artfi is a Web3 company that fractionalizes high value works of fine art and sells them to the public as NFTs to be collectively owned, traded and celebrated. The company was founded in 2022 by art gallerist and connoisseur Asif Kamal.

Artfi is an art technology company on a mission to democratize the $1.7 trillion fine art market. By harnessing the power of NFTs and blockchain technology, Artfi allows collectors to own a stake in sought-after works of art.

The tokenization of real world assets will be a defining trend of the 2020s and Artfi is at the forefront of this process. We fractionalize physical works of blue chip art so that they can be collectively owned by token holders around the world.

How is my NFT connected to the artwork? Artfi NFTs represent a stake in the underlying artwork. If and when Artfi resells the artwork in the future, the full proceeds of the sale (minus a standard commission fee) will be distributed in equal proportion to the Artfi NFTs which correspond to the artwork in question.

How is the public sale price of the NFTs determined? When Artfi fractionalizes a painting as NFTs and offers the NFTs on sale the public, the offer price of the NFTs represent the fair market value of the painting as determined by Artfi and external art market experts. 

Who can sell artwork with Artfi? Artfi has a set of highly selective criteria that a work of art must meet in order for it to be considered as a candidate for consignment.

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