All Public Art: Contributing to a Better Art World
You might have seen or heard of numerous stories where art collectors are duped into buying counterfeit art or that they’ve paid a lot more than they should have. More often than not, it’s only discovered when it’s far too late and the seller is gone with the wind.
In April 2018, The New York Times reported that over half of the paintings in the Terrus museum in Elne, France, were counterfeits. A local art historian, Eric Forcada found that 82 of the 140 pieces in the collection were counterfeits after inspecting the artworks and confirming his findings with a panel of experts. 10 to 15 forgeries hung on the museum’s walls for years.
That’s not the only case. In 2016, the French culture ministry issued a statement saying that the police were looking into a potentially fraudulent case regarding $3 million worth of furniture purchased by the Palace of Versailles. There are many institutions that have counterfeit work in their collections and on display for the public. There are even more private art collectors that unknowingly own fake artworks in their collection. There have always been art professionals hired to ensure that authentic work has been acquired. It is important that we help those art professionals with better, more innovative solutions.
All Public Art aspires to raise the bar of integrity within the art world through multiple initiatives on it’s platform and within the blockchain community. The transparency of the Blockchain serves as a powerful source to ensure an increase in authentic artworks in the market. We can all track the transactions and as a global community see more than we are currently able to, making it much harder for ‘bad actors’ to do what they want.
On APA each registered user and the artwork they post is assigned a unique ID for authentication purposes. The art community will have better access to the history of the artwork. When transactions take place on APA, all the details including IDs, price and owner history are recorded to minimize the risk of replicas/counterfeit pieces being sold. The platform will also reduce any attempts at market manipulation and collusion. The AllPublicArt Token, which can be bought with Ethereum, will be used as a medium of exchange on the platform to trade artwork. The project is presently in its Private Pre-Sale stage for people who want to purchase the tokens early.
APA is already taking steps to usher in the new crypto age. For example, during All Public Art’s recent art exhibition at the Digital Art Salon in Los Angeles, California, artists sold their artworks with cryptocurrency. Here is a video of the exhibition:
With the existence of All Public Art, artists can now promote and sell their art pieces without having to pay anyone or split the costs to showcase their work. APA does not take a commission of the sales, therefore, artists keep 100 percent of their profits. All they need to do is sign up for free and start posting their works on either www.AllPublicArt.com or on the app, available in the Google Play Store and on the Apple App store. If you want to be part of the solution to a better art world that benefits both the buyer and artist, join All Public Art and let's make it a reality.
“Ubi concordia, ibi victoria” | “Where there is unity, there is victory”