👋Introduction
Last updated
Last updated
Exclusive auction houses like Sothebys and Christies have built their brand by offering “qualified” investors the opportunity to bid on rare pieces of art and luxury goods, ring fencing the upside ROI potential for the elite.
We are building an auction house that will reduce barriers to entry into a market that has withstood the test of time. Taking an archaic model and bringing it to web 3, catalysing the adoption of true and anonymous digital ownership. The Banksy Dao will develop an NFT auction platform that opens up opportunities to bid on up and coming and established physical and digital artwork.
Our first release will be our membership passes. In this release we will include 100 shares of the Stop Esso Banksy painting, each share being worth $2500. These will be randomly allocated to lucky minters. In parallel we will offer 25 shares in the Stop Esso Banksy painting at 2 Eth each. These shares are worth $10,000 and will be sold on a first come first serve basis.
The Banksy DAO will identify up and coming artists with great potential and connect them to a community of avid NFT art collectors.
We open up the opportunity for digital asset investors to diversify their portfolios with real world assets. Sufficiently hedging portfolios against poor market conditions within crypto.
Our investors have funded the Banksy DAO auction house ecosystem by investing in four separate Banksy physical art pieces:
The "Stop Esso" - Created in support of the Stop Esso movement. Our first fractionalisation offered to the Banksy DAO
"Avon and Somerset Constabulary" - One of Banksy's earliest pieces highlighting his opinion of the police. A theme he revisits often in his work
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"Family target" - Created in 2003, depicting a child with a target on him
"Girl with icecream" - Representing the loss of innocence in the children of today.
Before the inception of NFT technology, digital ownership was dictated by third parties. When you owned something on the internet it was controlled by someone else. Utilising NFT technology allows us to give users of our platform true digital ownership which is irrefutable.
By fractionalising art pieces and issuing NFTs on the blockchain that signify ownership, investors from anywhere in the world can invest with significantly less barrier to entry and still enjoy the same ROI.
We have a team of NFT and physical art enthusiasts scouring the ecosystem to identify early opportunities with creators and artists.
More and more physically backed NFT technology is being sold, one example of an in demand physically backed NFT project was particle Banksy sale which totalled $17m in mint revenue.
Fractionalised digital ownership has grown significantly as we have seen from the parabolic growth of masterworks which raised $110m at a $1bn valuation.
Our team consists of marketeers, NFT enthusiasts and successful entrepreneurs involved in the development of 8 figure businesses.