Trade Your Asset Tokens on a Global Exchange

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Imagine a world where fine art paintings -- Picassos, Warhols, Monets -- each costing millions of dollars (and whose value only increases with each passing year) can be owned by the everyday investor, like you and me. 

Masterpieces traded briskly through an open exchange, efficiently pricing the artworks to the market. Portfolio managers will be able to manage their positions more accurately and diversify their risk by investing in a range of different art assets. They will no longer need to have their funds concentrated in a handful of hard-to-sell pieces.

This is no longer just a dream. Maecenas has made it a reality.

For the first time, technology will allow investors, collectors and owners to exchange shares in paintings and sculptures instantly. It will also offer top emerging artists a showcase space for their work, free from the interference of middlemen. 

Maecenas takes fine artworks and mints (ERC-20) asset tokens that represent a share of the artwork. Your asset tokens can then be bought and sold and are also be tradable on any global exchange where they are listed. 

Asset tokens = a piece of a painting

Asset tokens, which represent a share of an artwork, are minted compliant with the Ethereum ERC-20 standard, so you can enjoy the safety of a public protocol and the convenience of storing your asset tokens on any popular crypto wallet. 

Our first tokenised artwork offering, Warhol 14 Small Electric Chairs (Reversal Series), 1970 [WHRL1] is already listed on the ethereum chain.

After many months of hard work and technology integration, we are also very excited to announce a partnership agreement with a new exchange that is launching soon. Our partner exchange focuses on listing and trading asset tokens.

WHRL1 tokens will be included as part of its offerings when it launches. As part of our partnership agreement, both platforms will be integrated and users of Maecenas will be able to sign-up easily with their Maecenas account login info.

We expect to foster multiple partnerships with various exchanges in order to provide maximum liquidity for our investors. We have been given access to the alpha build of the exchange for testing and so far we are very impressed with the design and functionality. Here's a sneak peek of what one of our partner asset token exchanges looks like, released with their consent. 

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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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