Exploring Domini.art’s Utility: How $DOMI Aims to Shake Up the Art World with Blockchain Technology

Domini.art ($DOMI) is currently in the Beta phase of its presale and has sold over 72% of the allocated tokens. While it appears that investors are interested in what the project offers, let us take a closer look at what the Domini.art ($DOMI) project is about.

Disrupting the Traditional Art World

The art world has always been one apparently reserved for a special set, mainly because its exhibitions and costs are expensive. Over time, it became a thing, an experience of the elites. Collecting art is a pastime that only the rich can enjoy, especially when it comes to blue-chip art.

While it is understandable that the art industry is not appreciated by everyone due to the different interpretations of the works, the cost of owning a portfolio has been a barrier that has restricted some from becoming part of the industry. What this means is that many people are left out of the almost $68 billion market. This fact is what Domin.art is out to disrupt.

Creating a new era of art ownership, Domini.art fuses the practice of ownership of blue-chip artwork with blockchain technology, making it possible for people to invest in artwork, trade artwork, and earn from artwork. Domini.art focuses on blue-chip artwork, so the platform not only makes it easier and cheaper to own art, but users also get to own timeless pieces of artwork.

Why Art?

The traditional art market has been immune to many changes that technology has effected over the years. The emergence of digital collectibles popularly known as non-fungible tokens (NFTs) changed the idea of art ownership, but when it comes to blue-chip artwork, many are still restricted due to the logistics and cost of acquiring these iconic pieces of artwork.

According to statistics, the investing rewards of blue-chip artwork have outperformed the S&P 500 by over 250% since 2000. Over time, art has shown a resilient performance, enduring value, and potential for consistent growth. This means that many individuals have been kept out of this great investment type due to the high entrance barrier of the traditional art market.

Domini.art uses blockchain to fuse finance and art. In other words, Domini.art makes the ownership of fractionalized blue-chip art poss

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Author: BeInCrypto Team

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