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Maecenas Platform Integrates with Binance Chain

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July 5, 2019

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Singapore, Singapore - 4 July 2019 - Maecenas revealed today its integration with one of the biggest contributors to the crypto-currency space - Binance.

As part of this integration, Maecenas will adopt Binance Chain for a portion of its ERC-20 native ART token, migrating them to the BEP-2 protocol. Once the initial issuance is complete, Maecenas will submit a listing proposal for Binance's new decentralised exchange.

Pioneering the asset tokenisation space, having already launched their art tokenisation platform and having tokenised and successfully sold their first artwork worth USD 5.6 million, Maecenas will also integrate Binance's native token (BNB) into its own ecosystem.

Marcelo Garcia-Casil, Maecenas CEO, said "We are thrilled to be joining in Binance Chain. As early adopters of their BEP-2 protocol, we look forward to continuing supporting each other in future endeavours."

If the listing proposal for the DEX is accepted by Binance's community, ART token holders will be one of the first to experience an exchange of the level Binance is known for, all whilst maintaining control of their own funds.

About Binance Chain

Binance Chain is a blockchain software system developed by Binance and the community. Binance Chain is a community-driven development project with many developers and contributors from all over the world. Binance DEX is the decentralized exchange feature developed on top of the Binance Chain blockchain. 

Website: https://binance.org

About Maecenas

Maecenas is a decentralised art gallery auction market, aimed to democratise access to fine art. It is a blockchain-driven platform where fractionalized pieces of fine art are bought and sold. Maecenas uses blockchain technology to create tamper-proof digital certificates linked to pieces of art.

After launching its beta platform in June, Maecenas has successfully tokenised a $5.6m painting by Andy Warhol, which was acquired by a number of different investors who participated in the first-ever decentralised Dutch auction for an art run on the Ethereum network.

Website: https://www.maecenas.co

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This blog post is illustrative and for informative and general education and discussion purposes only. It is not, and should not be regarded as “investment advice” or as a “recommendation” regarding a course of action, including without limitation as those terms are used in any applicable law or regulation. This information is provided with the understanding that with respect to the material provided herein (i) MAECENAS is not acting in a fiduciary or advisory capacity under any contract with you, or any applicable law or regulation, (ii) that you will make your own independent decision with respect to any course of action in connection herewith, as to whether such course of action is appropriate or proper based on your own judgment and your specific circumstances and objectives, (iii) that you are capable of understanding and assessing the merits of a course of action and evaluating investment risks independently.. MAECENAS does not purport to and does not, in any fashion, provide tax, accounting, actuarial, recordkeeping, legal, broker/dealer or any related services. You should consult your advisors with respect to these areas and any material with regards to investment decisions. You may not rely on the material contained herein. MAECENAS shall not have any liability for any damages of any kind whatsoever relating to this material. No part of this document may be reproduced in any manner, in whole or in part, without the written permission of MAECENAS except for your internal and/or personal use. This material is being provided to you at no cost and any fees paid by you to MAECENAS are solely general educational purposes. All of the foregoing statements apply regardless of (i) whether you now currently or may in the future become a user of MAECENAS’s platform or products and (ii) the terms contained in any applicable contract between you and MAECENAS.

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