For as little as $20 per tokenized share, art collectors and enthusiasts now have the chance to be the proud owners of an original, signed screen print by Andy Warhol. This opportunity comes through a new fractionalized fine art platform called Freeport.
Freeport’s first-ever collection is a set of four carefully curated pieces by Warhol including “Marilyn” (1967), “Double Mickey” (1981), “Mick Jagger” (1967), and “Rebel Without a Cause” (1985), all signed by the artist himself. Each share is valued between $20 and $78 and at least ten shares must be purchased to buy a fraction of ownership. This is a rare chance to own a piece of pop art action and make history with this revolutionary new way to own art!
Freeport is a platform for tokenized fine art. The platform offers the unique opportunity for art lovers and investors to purchase each of the four original prints, with each piece represented by 10,000 tokenized shares that are minted on the Ethereum blockchain.
The value of each artwork ranges from nearly $199,000 to $782,000, and anyone interested in purchasing shares must buy at least ten NFT-based shares of the artwork. This makes it easier for more people to invest in the asset while creating liquidity for previously illiquid assets.
Eventually, if Freeport sells all original prints, token holders will be rewarded with prorated profits, and the tokens will be burned permanently. Meanwhile, tokenized share owners can view and display a digital version of each piece via Freeport’s app, and a secondary market for shares will also be established.
Freeport claims to be the first company to complete a Regulation A review with the US Securities and Exchange Commission to release a blockchain platform for investment grade art.
This is a once-in-a-lifetime opportunity for art collectors, investors, and enthusiasts to own a piece of fine art history. Get your tokenized shares today, and be a part of the art revolution!
Compiled by Coinbold