The platform is going to sell fractional ownership of Andy Warhol's 14 Small Electric Chairs at Dadiani Syndicate on June 20. Buyers will be able to purchase digital certificates of partial ownership on he Maecenas blockchain platform using ART, BTC and ETH tokens.
The reserve price is set at $4 mln and all buyers have to comply with KYC and AML. Maecenas creates special digital certificates linked to artworks on the blockchain that can be traded later on Maecenas exchange. Dadiani Syndicate functions as a luxury marketplace that accepts Bitcoin, Ethereum and Litecoin as payment options.
At the moment of publication, Maecenas market indicators are as follows:
|Average price||0.777165 USD|
|Market cap||23,431,641 USD|
|Volume (24H)||25,018 USD|