Fine art trading platform using Blockchain in early stages

Before NFT exploded in 2020, art trading platforms existed, but not like art market trading on Opensea or the like. Today I just want to discuss a platform called "All Public Art (APA)" who has been present since 2018 and at the same time, I want to reminisce a bit, because I am also one of the artists who have sold my work there.

Alright, before I discuss this platform called "All Public Art", I will discuss the reason for this platform to exist and take advantage of blockchain technology. So, The online art industry has been exploding at the rate of more than 20-percent on an annual basis. With the latest surge in blockchain technology, Online Art takes advantage of the technology to streamline businesses and eliminate problems. When it come to the art industry, problems surrounding corruption and counterfeit seems to be rampant and affecting the its business sector.

Now with the All Public Art operation, artists and art collectors are able to do business without needing an assistance from a third party. When it comes to the business sector, in a decentralized environment, third party such as middle man is not only necessary but also required. The role of middle man may significantly help art collectors and artists. But more often, it only exposes them to more fraud.

Just for your information, this platform is not an NFT art trading platform like Opensea or the like. This platform existed before NFT art became famous. This platform has been around since 2018.

The core fundamentals of this unique All Public Art platform focus on the privacy of artists and art collectors. Most of the time, both parties are concerned about interacting with one another for a myriad of different reasons. Art collectors are wary about the aunthenticity of the artwork, whereas artists are rarely equipped with business skills.

Both art collectors and artists are at risk of being taken advantage of due to their lack of few capabilities. This gives way to third parties to offer help for a fee. The All Public Art provides a safe and secure platform for art collectors to interact with artists without worries. This requirement may seem troublesome to a few people. Combined with the blockchain smart contract, as the technology that backs up the platform, the platform provides transparency. Allowing for transparent and sustainable interaction.

The All Public Art platform’s currency token serves as its only payment method in the environment. Tokens are used when you decide on purchasing your favorite artwork. Not only that, you may also use the token for tips and donations. That way, you will be able to show your appreciation to your favorite artists using these two features.

There are so many great and beneficial effects that come with this unique All Public Art platform. Not only does the platform offer incredible security protection for art collectors and buyers alike. The platform also, at the same time, manages to offer the same level of security to artists. This is undoubtedly a refreshing change seeing as similar platforms typically only focus on the buyer side of the spectrum.

Every transaction between buyers and artists are guaranteed protection. Funds will remain in the All Public Art’s escrow account. The cryptocurrency fund will be held until buyer has received the artwork and verified of its authenticity. Once it’s clear they have received the items they have paid for, All Public Art will then resume the process and make the fund available for the artist.

So the difference between the "All Public Art" platform and the NFT marketplace platform is, here selling physical works that will be sent to buyers, while the NFT marketplace platform, only sells digital art. If you want to try to sell or buy a physical work of art, you can go to their official website at https://www.allpublicart.com/

After the NFT marketplace platform came, I'm now no longer selling on the APA platform, just using Opensea and AirNfts