The All-Art protocol provides constant liquidity for NFTs by introducing a new type of liquidity pool AMMs, while upgrading the current NFT standard with improved functionalities and embedded license rights called NFT-PRO
THE ALL-ART PROTOCOL IS PARTICIPATING ON SOLANA SEASON HACKATHON
The NFT market, operating as it currently is, is unsustainable and has no room to grow. It's time for a change. The new infrastructure must be substantially better to transform the status quo and move the art market forward. Art must become a liquid asset class. Transaction fees must be cheap. Transactions must happen almost instantaneously. Energy consumption must be minimal. Registered art on the blockchain must be compatible with established regulations and copyright law. Collectors must be able to benefit from purchased art beyond speculatory trading.
LITEPAPERNew NFT
standard
embedding
license rights
Unique AMMs
that provide
constant
liquidity for
each art piece
Native protocol
tokens that
provide
liquidity for all
NFT-PROs
Define license rights for your art and embed them into your art pieces when you create NFT-PROs. By giving weight to those license rights you get the power to earn more than you usually would through standard auctions, and you give collectors more options to decide what they actually want to buy.
License rights, as defined by artists, are embedded into all art pieces that exist on the chain. When buying an NFT-PRO, you will know exactly what license rights you own and what you can do with that art piece. AMM liquidity pools enable you to sell an NFT-PRO once you buy it, without the need for an auction.
Everyone is given an option to yield farm NFT-PROs if they own a piece of it. Every transaction in an NFT-PRO's smart contract of which you own a percentage brings you passive revenue and a reward in All-Art protocol's native governance tokens.
Transforming the art market starts with marketplaces.
Here are the platforms that have taken the first leap and are using the All-Art Protocol and NFT-PROs to
register and trade art safely.
COMING SOON
Q3 | 2017
| RABBIT HOLE
> The idea of integrating blockchain art trade into virtual exhibitions is born
2018-2020
| CRYPTO WINTER
> Working on different crypto models for art trading
> Working on the VR-All-Art platform
> Looking for the best blockchain solution to
support art trade
Q4 | 2020
| NFT ADOPTION
> The idea of creating liquidity pools for NFTs is born
Q1 | 2021
| STRUGGLE
> Working on the core protocol structure and how
pools will function
> NFT-PROs are thought into existence out of necessity
to include license rights in
blockchain art trade
Q2 | 2021
| EUREKA
> Solution is found for how artists can earn from sales
happening in the pools
> Solana is chosen as the blockchain solution for the
project
> Project joins Solana seasonal hackathon
Q2 | 2021
| FRENZY
> Solana hackathon taking place
> Building the All-Art Protocol
> Launching the protocol on Solana's Testnet
> On-boarding the first prominent artists
> Integration with marketplaces
Q3 | 2021
| GO LIVE
> Going live on Solana's mainnet
> Cross-chain integration with Ethereum
> Virtual exhibitions featuring NFT-PRO art
The All-Art Protocol is developed by VR-All-Art, an established platform for exhibiting and acquiring art in virtual reality, based in Zug, Switzerland