The partnership between Deal Box, OroBit, and True I/O unveils new possibilities in fractional ownership and tokenization of art, including rare works by Andy Warhol, ensuring market transparency and accessibility through blockchain technologies.
Fractionalizing Iconic Art
Traditionally, investing in high-value art was limited to large institutions. Deal Box and True I/O change this by offering investors the ability to purchase fractional ownership in art through security tokens linked to a unique piece by Andy Warhol.
Historical Precedents in Warhol's Art
Andy Warhol's works consistently draw attention at auctions. In 2022, his 'Shot Sage Blue Marilyn' sold for $195 million, becoming the most expensive 20th-century artwork. Other notable sales include 'Silver Car Crash (Double Disaster)', sold for $105 million in 2013.
Innovations in Tokenization and Provenance
True I/O develops current tokenomics solutions ensuring provenance transparency through blockchain. OroBit implements Bitcoin Layer 2 infrastructure for secure token issuance and asset management, enhancing transparency and liquidity in art investment.
Art tokenization opens new avenues for investment, making them more accessible and transparent. The initiative by Deal Box and True I/O ensures not only economic benefits for investors but also the preservation of cultural heritage.
