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Ratings ArtPro

The Art of Blockchain

The Art of blockchain ArtPro makes it easy for anyone to buy and sell art over the web. A user-friendly platform harnesses the many benefits of blockchain technology, enabling ArtPro to restore the trust that has long been missing from the art industry. Instead of relying on third party authenticators, ArtPro favours a consensus mechanism that delivers a secure, decentralized system. ArtPro is creating the go-to marketplace for private dealers and contemporary artists, with a strong focus on emerging talent. The ArtPro platform will open the art world to the masses, making it possible for anyone to discover and purchase fine art online without the excessive fees, intermediaries, and steep learning curve that have traditionally made art available to only to the privileged and the well-connected. Certificates of provenance, stored on the blockchain, attest to the authenticity of each artwork on the ArtPro platform, but that is only the beginning.

4.0
23 22 expert ratings
Benchy 4.0
KYC
Experts
4.2
4.1
3.5
Review: coming soon PRO
Unknown
Token
APT
Type
PreICO Price
1 APT = 0.1 USD
Price
1 APT = 0.15 USD
Bonus
Available
Bounty
Platform
Accepting
ETH
Soft cap
5,000,000 USD
Hard cap
20,000,000 USD
Country
Whitelist/KYC
KYC & Whitelist
Restricted areas
Afghanistan, Belarus, Bosnia & Herzegovina, Burundi, Canada, Central African Republic, China, Democratic Republic of the Congo, Egypt, Eritrea, Ethiopia, Guinea, Guinea-Bissau, Haiti, Iran, Iraq, Lebanon, Libya, Maldives, Mali, Moldova, Montenegro, Myanmar, North Korea, Pakistan, Russia, Serbia, Somalia, South Sudan, Singapore, Sri Lanka, Sudan, Syria, Trindad and Tobago, Tunisia, Ukraine, USA, Venezuela, Yemen, Zimbabwe
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Ratings

All ratings published on ICObench serve informational purposes only. ICObench does not provide investment forecast, recommendations or any consulting for that matter. Thus, neither ICObench, nor the experts can be hold responsible for the visitors’ investment decisions. Read more
Jeremy Khoo
Group CEO | Blockchain Entrepreneur | VeChain ICO Partner | Fund Partner | Exchange Founder | Singapore
Rated on Oct 9, 2018
4
4
4
6%

Good use case of non-fungible tokens combined with a highly commercial use. Its a natural fit really, and a lot will boil down to the execution of the team.

+5Agree
+3
-2Disagree
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Ong Jun Hao
Founder Of BlockConnectors.io (Top Blockchain Advisory Firm In Asia) | Consulted 20+ ICOs | Marketing Expert
Rated on Oct 13, 2018
5
4
5
6%

Awesome project. Decent team as well. Art is definitely a tricky piece of item and also theres always issues about lack of transparency and authenticity. However, this project aim to solve this with certificates of provenance and I think its an interesting concept for sure. However, the only obstacles might be the go-to-market strategy because gaining adoption is tough, as seen in most blockchain projects.

+4Agree
+2
-2Disagree
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Ian Scarffe
Blockchain Consultant, ICO, IEO, STO Advisor. Founder at Crypto Consulting and Investments LTD.
Rated on Apr 16, 2019
4
4
4
5%

ArtPro is an interesting concept and a good use of blockchain, albeit in quite a niche market. There is a decent team leading it, although there are a lot of advisors. They have a good looking vision as well

Agree
0
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Nozomu Nakazato
ICO consultant
Rated on Sep 26, 2018
4
3
2
5%

ERC 721 is the right choice. However, most of the contents of the project seems to be what the agencies that are called galleries around the world already have done. I have a masters degree in art. I sincerely hope that I will activate art through block chains.
So I support this project, but at the moment it is not a project to break down the current situation.
I reviewed it with expectation.
We look forward to a valid MVP.

+12Agree
+10
-2Disagree
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Kyon Yoshihara
Direct Marketing Manager,ICO produce
Rated on Nov 1, 2018
4
3
3
5%

I think that it is a very interesting project.
But their competing institutions are very big. As this project spreads to the world, disappointing works such as counterfeiting and plagiarism will disappear. I would like to cheer this project.

+10Agree
+10
Disagree
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Conston Taylor
ICO Advisor | ICO Analyst | Blockchain Researcher
Rated on Oct 29, 2018
5
4
3
5%

Team appears to be very strong. I like the idea of securitizing assets such as art on the blockchain. A very good niche market. I can update the product rating once I see a prototype or mvp.

This is not financial advice or a recommendation to invest in this or any other ICO. Investors must perform their own due diligence and not rely on external ratings to make their final investment decisions. ICOs are risky and 100% loss of capital is possible.

+2Agree
+2
Disagree
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James Sowers
Ico adviser
Rated on Nov 15, 2018
4
5
4
5%

Tokenizing and ensuring the authenticity of art via smart contracts is a viable and highly commercial use case for blockchain technology. A couple other projects are also attempting this hard to tell whybone is more capable than the other !

Agree
-1
-1Disagree
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Miruna-Maura Barbulescu
Entrepreneur, Author and Marketing Specialist
Rated on Oct 27, 2018
3
5
5
5%

The team has just 9 members and 6 advisors. I highly recommend you to enhance your team for the proper implementation of this project.

The vision is good and somewhat original.

There is no MVP available, however, the product is well described in the WhitePaper and looks good. Good luck implementing the project!

+1Agree
+1
Disagree
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Irwin Chee
ICO Advisor | Blockchain Enthusiast | Venture Capitalist
Rated on Nov 15, 2018
4
4
4
4%

Tokenizing and ensuring the authenticity of art via smart contracts is a viable and highly commercial use case for blockchain technology. Hoping to see what is more to come. However gaining adoption will definitely be difficult and can make or break a project.

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0
Disagree
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Yuichiro Okazoe
Yuichiro Okazoe
Rated on Sep 6, 2018
5
5
4
4%

The team looks good and supported with savvy advisors and their profiles loo legit. The idea is promising and based on blockchain. There is a comprehensive marketing analysis and grounded business planning approach.

+13Agree
+13
Disagree
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Vlad Skakun
ICO Advisor | Investor| Marketing Specialist| Senior Analyst at Venture Fund
Rated on Nov 3, 2018
Modified on Nov 9, 2018
3
4
1
4%

Narrow niche project. The idea is excellent and knowing people from the sphere of art, there really is a problem with the verification and confirmation of the propriety, the ownership rights to the products of art. The use-case of the blockchain in this area takes place.

The team is average. They have an experience in the business sphere, programming, the foundation of start-up companies. It is also great that there are partnerships with key people in this niche.

Tokenomics - just a utility token (ERC20) is definitely a minus. It would be great if there was a mechanism for staking tokens for owners of art galleries, expert agencies and so on. A utility token has a very fast turnover period that will not contribute to the growth of its price, You can buy tokens on exchange and sell it very easy.

Of the obvious cons:
1) There is no product, a prototype or at least something, and will not be until sale
2) Hardcap of $20M is clearly overstated for such a product. This is not a blockchain of its own but just a Dapp, an ERC20 token ... for example, QuarkChain collected 20M, but they make their own blockchain. It is better to collect less, but then the token would grow in value, and not vice versa ...
3) No information about bonuses for private/presale

+1Agree
+1
Disagree
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Maksym Vysochanskiy
Founder of ICOExpert | Appsmoment | Blockchain Advisor
Rated on Nov 12, 2018
4
5
4
4%

It was good to meet team of ArtPro offline and discuss with them about its project. Team is real one and they understand what they are doing. For that reason I scored 5 for vision as they are super inspired by idea and its implementation.

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0
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Andrei Popescu
Co-Founder of COSS.IO & SCX Holdings and Seasoned Blockchain/FinTech Start-Ups Investor/Advisor
Rated on Oct 20, 2018
5
5
5
4%

Provenance combined with blockchain technology bringing trustworthy information to retail - One of the best and clear use case out there.
I truly believe and envision a future where every physical product has a digital history (the data is already there), allowing you to trace and verify its origins, attributes and ownership.
Starting with Art and creating this unique marketplace is definitely the best way for this tech to help build our future.

+2Agree
+1
-1Disagree
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Andrey Zolin
ICO Advisor | CTO | Smart contract RD
Rated on Oct 16, 2018
5
4
4
3%

Experienced team and excellent product design. Work of art and digital assets complement each other because these things are human-made. Waiting for the platform, I think it will be exciting and in demand

+2Agree
+1
-1Disagree
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Dan Litwak
Founder at Hawk Cyber Security | Top ICO Security Advisor
Rated on Oct 22, 2018
Modified on Oct 22, 2018
5
4
4
3%

This is an interesting project, and it seems to be pretty well executed.
ERC721 is a good choice given the nature of the platform. It will also help with the volatility.

The team is very complete and they have the right experience. I would say it is much more prepared than the average ICOs, and the project itself, on the technical side is not really challenging, so they will be able to execute with ease.

As for the Vision of the project, it's quite interesting, but not unique. It doesn't mean it's equally original. Also, if they can deliver a nice user experience, thanks to the AR implementation, it will make it a choice among similar marketplaces.

The product is not ready yet, but the screenshots look good enough.
I would like to see a full MVP to better rate it.

------------------------------------------------------
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+1Agree
+1
Disagree
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Abishek Mittal
ICO Advisor | ICO Consulting | Project Review |MBA Finance and Strategy |9+ Years of Corporate Experience | Crypto Trading and Investing
Rated on Oct 30, 2018
5
4
3
3%

A very strong team behind with relevant experience that can drive the project to success. KYC passed is another positive.

However, the space has been explored by many with limited success at hand. Execution will play a key role here. MVP availability and adoption will be important to see. Well drafted white paper and tokenomics. However, the minimum investment amount is on the higher end which will be an inhibitor for small investors to enter.

Agree
0
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Steven Deurloo
Investor - Advisor
Rated on Oct 21, 2018
Modified on Jan 26, 2019
4
4
3
3%

Compelling use case for blockchain technology. Team and advisors is big enough. Still much to be developed and it would be very interesting to see this working in practise and getting large partners involved. This would potentially result in higher rates on product.

This is no recommendation or investment advice. You are likely to lose your money when investing in ICOs or crypto.

+1Agree
+1
Disagree
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Stephan De Haes
ICO Advisor, Community leader and COO/Co-founder Krypt.ly
Rated on Oct 13, 2018
5
5
3
3%

KYC passed, the team seems to have all the expertise needed to reach their projects' goals. They have more than 15 partners in the art space and the core team has active LinkedIn profiles. The art industry and blockchain are a great match, and it could surely pave the way to get the art-space in the digital era. 50% of tokens being sold is good compare with ICO standards. Unsold tokens will be burned, team and advisor tokens will be locked, all good signs for investors. The whitepaper contains all the needed info and website looks professional. Great concept with a realistisc usecase for cryptocurrency. No MVP available.

+3Agree
+2
-1Disagree
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Sun (Kevin) Kim
Blockchain Research Analyst
Rated on Nov 1, 2018
5
4
3
3%

The team is both relevant to blockchain and the art industry, allowing for potential success to the project. However, there are many projects like ArtPro that offer the same (or similar) line of services.

Agree
0
Disagree
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Jan Keil
VP of Marketing, CEO, Advisor
Rated on Nov 7, 2018
3
3
1
3%

Team: honestly only Oliver has a decent expertise in this industry
Vision: doesnt look bad but this doesnt help if the team doesnt perform
Product: here we see what i mean, no POC, no MVP, no existing business...

Why so many country restrictions, even countries without/ or light regulations?

Agree
0
Disagree
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Yao Min Ng, CBP
| CBP, CBE, CCE |Currently @ Xtheta Singapore, a cryptocurrency exchange | ICO Advisor | IMMO High 1000 | ICOs Investments | Exchanges Listings
Rated on Oct 28, 2018
4
4
3
3%

I would say good use case for NFTs, decent team with good advisors. Lack of MVP though.

Also who certifies the artwork? some professional bodies, some community, or is it certified by "wisdom of the crowd"?

To be a good ICO you need people to
1. Buy the tokens
2. Use the tokens
3. Hold the tokens

Only then token value would increase as the network effects increase

But overall a good idea and application of erc 721 NFTs

+1Agree
+1
Disagree
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Sash (Yoganand) Jeetun
ICO Advisor, Business Development and Business Strategist.
Rated on Feb 1, 2019
3
4
4
3%

What a great idea. This project will increase traceability, authenticity and accountability and this makes so much sense on blockchain.
Manage your strategy well and you could be a winner! Some of your biggest competitors have been here for ages but being on blockchain for you could be a game changer.

The team: interesting bunches but why you need so many advisors? I think if you fine tune your team and your board seem to have limited experience, you could acquire more talents on board rather than advisors.


Good luck ahead, I wish you success on this exciting project!

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0
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Benchy
ICO analyzer bot
4.0
12%

Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.

Ratings and ICO analyzer results are being updated (re-calculated) every few hours.

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Oliver Hams
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