LiveArtPrice

(ART)

The $ART token serves as the native utility and governance pillar of the LiveArt ecosystem. It allows holders to participate in governance by voting on asset curation and protocol upgrades. Furthermore, it provides exclusive access to Initial Asset Offerings (IAOs) and private sales of high-value items like fine art and luxury collectibles. Users can also stake their tokens to earn rewards, use $ART as collateral in DeFi lending protocols, and receive discounts on platform fees and AI-driven market analytics.

No, $ART is a utility and governance token rather than a direct representation of physical ownership. Physical assets within the ecosystem are tokenized into "Asset Tokens" known as Shards. These Shards are separate tokens specific to each individual artwork or collectible. While $ART facilitates the platform's operations and provides access to various features, it is the Shards that represent the fractional economic claim to the value and future proceeds of the underlying real-world assets.

Points are accumulated through the LiveArt Point Universe by participating in Quests, holding specific NFTs, and engaging in on-chain activities. These points are the primary metric used to determine eligibility and allocations for token airdrops. While the specific conversion ratio is typically announced at the conclusion of a designated "Season," consistently completing social tasks and participating in ecosystem activities is the most effective way to maximize potential $ART rewards.

The $ART token has a fixed total supply of 1,000,000,000 tokens. The distribution strategy is designed to promote long-term stability, with 40% of the total supply dedicated to community incentives and rewards. To manage market circulation and prevent sudden pressure, allocations for the project team and investors are subject to strict vesting schedules, which include multi-month cliffs followed by linear releases. This structure ensures that the token supply enters the market gradually as the ecosystem matures.

LiveArt enables fractional ownership by tokenizing high-value physical items into digital "Shards." This process allows individuals to own a fraction of an asset for a minimal entry cost, representing a proportional economic interest in the asset. While these digital Shards are traded on-chain across various supported networks, the physical items are stored in professional, high-security, and fully insured custody vaults. The protocol also supports future on-chain asset buyouts, enabling the community or a single entity to acquire all Shards of a specific asset.

The LiveArt protocol prioritizes user safety by undergoing comprehensive security audits conducted by leading industry firms to ensure the robustness of its smart contracts. Physical assets are maintained in specialized, insured storage facilities to guarantee their safety. Users are strongly advised to interact only through the official website and verified channels to avoid potential scams. The project emphasizes that users should never share private keys or seed phrases when participating in airdrops or other community events.