Blockchain could transform Art investing
Art investors, collectors and owners will be able to trade shares in fine art for the first time on a unique online marketplace powered by blockchain technology. Maecenas is a new marketplace for fine art investment that uses blockchain technology to revamp what its founders claim to be a market that has largely remained unchanged for more than 300 years.
It will also allow any investor to have a fractional share of a masterpiece. Maecenas focuses on masterpieces and proven successful artists. The platform only lists art pieces worth US$1 million and above.