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VECTOR FINE ART EXCHANGE

VECTOR ENABLES ARTISTS TO GENERATE WEALTH

VECTOR FINE ART EXCHANGE / a concept for the worlds first blockchain based curated global fine art exchange. (Click the arrow for our Pitchdeck / Whitepaper)

Traveling to different cities - developing Vector projects, we have found that Artists, Curators, and Institutions all over the world are struggling.

The existing systems both in the private and public sectors are not enough to support the global art community. One of the major problems that Artist face is they don’t have a reliable or stable income stream.

 

Vector is creating an ecosystem to solve this problem by providing a mechanism where artists who are curated into the system can generate an income.

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PROOF OF CREATIVITY

We have developed a cross-chain digital platform (Metachain) using a proprietary blockchain based tokenization method that provides authentication, valuation, and royalty tracking for both analog and digital works of art. Once this is built Artist will have an independent mechanism to convert their work directly into a liquid fractionalized tradable asset. Artists will have the power to generate the income they need when they need it.

THE ART WORLD

INEFFICIENCIES

IN THE ART WORLD

Traveling to different cities, developing Vector projects, we have found that artists, curators, and institutions all over the world are struggling.

  • ‍No global standard for privately held ledgers of work

  • Art funds and auction systems are highly restrictive

  • Varying degrees of reliability in authenticating works of art

  • No method of royalty distribution

  • Limited ability for artists to generate income

  • Lack of security and trust in NFT exchanges

  • Depleting public funding for the arts

  • No “globally” adhered to system for valuation

  • No liquidity in art investments

  • Limited opportunities for people to invest in art

  • No reliable way to fractionalize ownership of a single artwork

  • Can't invest in art without purchasing the underlying asset

OUR SOLUTIONS

FOR THE ART WORLD

Vector is creating an ecosystem to solve this problem by providing a mechanism where artists can generate a reliable income.

  • Income stream for artists and institutions

  • Fractional ownership of artwork

  • Royalty tracking for works of art

  • Artists can reach a global audience

  • Investors can make speculate investments

  • Vector is a “NASDAQ” for the art market

  • Real time data transparency

  • A “Library of Alexandria” for the art world

  • Tokenized art is a liquid asset

  • Multiple investors in a single work of art

  • Immutable ledger records chain of ownership

  • Facilitates cataloging, investment, and discovery

OUR PRODUCTS

  • ‍Vector Shares / Ownership Smart Contracts

  • Vector Investment NFT / Exclusive Membership

  • Vector Coin / Gas & Dao Token

  • Digital wallet and exchange

  • Subscription data services

  • Institutional accounts

  • Valuation services

  • Shipping and storage services

  • Vectorspace [Metaverse] / Digital Land, Events

  • Fractionalized investment

  • Communication services

  • Smart contracts on Vector’s blockchain

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HOW IT WORKS

ART FUND

TOKENIZATION

The Vector Art Fund is the store of value for the Vector platform. Artwork is purchased, stored, value assessed, and tokenized into the Vector ecosystem. This process mints Vector Share Tokens. Vector Shares function as fractional ownership of an artwork and are forever associated with it, offering a wide array of functionality.

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FUNCTIONALITY

HOW IT WORKS

This diagram explains how an artwork becomes fractionalized in the Vector ecosystem. A creator hash value identifies the unique artist that created the work, this is the source of their commissions from tradable shares. Vector Shares are separated into two blocks – the ownership block and the tradable block. Information is permanently recorded and saved on our timestamped ledger, which become data points for analysis and reports.

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CLIENTS

INSTITUTIONS /

CURATORS

Institutions gain access to a wide range of tools to reach a global audience of investors and collectors.

  • Ability to turn works of art into a liquid asset that can be fractionalized
  • Virtual gallery space to host exhibitions and events
  • Museums & Galleries catalog their art collection in the Vector ledger system
  • Artwork bought and sold through the Vector platform
  • Artist’s receive ongoing royalties from tokenized artwork
  • Cataloging system with greatly refined data collection and organization
  • Entire stock can be visible to a global audience
  • Manage inventory and sales in one place
  • Analyze and record real time data

ARTIST /

CREATORS

Artist's gain access to a new and powerful way to monetize their art and build a following.

  • Artists are curated into Vector
  • Access to tools to manage their work
  • Residual tracking, sales data, and listings
  • Get paid as soon as work is tokenized
  • Receive ongoing royalties
  • Access to a global audience
  • Host shows and events
  • Interact with their followers
  • Generates an immutable historical record.

PATRONS /

COLLECTORS

Patrons gain access to our ecosystem which enables them to build and share a collection of art

  • Purchase Vector Shares, Vector NFT’s, Vector Coin
  • Purchase shares of the art fund as a whole
  • Follow artists that you admire
  • Lowers the barrier of entry into the fine art market
  • Enables multiple people to own in a single work of art
  • Gain access to real time data to spot trends and assist with trading
  • Purchase fractional (or full) ownership of a given work of art
  • Purchase shares of a differentiated number of artworks, or tokens staked to a specific artist, or work of art.

FUNDING

SEED FUNDING

STRATEGIES

Vector has an overall plan to meet our funding goals by several different methods.

1) VECTOR EQUITY SHARES

2) VECTOR TOKENS (ICO)

3) VECTOR INVESTMENT TOKENS

These investment strategies will be used in conjunction to fund the initial startup operations, the first two years of business growth, software development, and to build the art fund.

VECTOR EQUITY SHARES

Vector offers equity in exchange for funding, making it an attractive option for venture capital and private equity firms. The amounts and percentages for investment will be determined through private negotiations, ensuring a tailored approach for each investor.
VECTOR TOKENS (ICO)

Vector will launch an ICO with 111,111,111 tokens minted through a smart contract on the Ethereum blockchain. The ICO will feature a private pre-launch investment mechanism for large institutional investors, airdrops for Vector Investment NFT holders, and compensation for the initial pre-launch participants, including artists, institutions, curators, valuators, and the development team.
VECTOR INVESTMENT NFT

Vector will mint 11,111 exclusive NFTs on the Ethereum blockchain, priced at $1111 USD in ETH at launch. To purchase a Vector NFT, an official invitation is required, with all invitees whitelisted to buy up to 11 NFTs. Each investor will also receive three invitations to share with others, expanding the community of NFT holders.

INVESTMENT NFT

BENEFITS TO HOLDERS

Vector Investment NFT holders enjoy numerous benefits within our ecosystem.

  • 1% reflections from all transactions

  • 5% royalty on NFT transactions

  • Quarterly NFT airdrop of commissioned original artwork from a Vector Artist

  • Exclusive opportunity to purchase Vector Shares during our pre-launch event

  • Advanced level Vector User Account

  • One-time airdrop of 1,111 tokens.

  • Exclusive access to the Vector Investor lounge

  • Free subscription to Vector Media

  • Holders can expect even more benefits in the future.

VECTOR FOUNDATION

VECTOR FOUNDATION

NON-PROFIT

The Vector Foundation’s mission is to provide creative and financial support to artists.

We believe passionately that the power of the Artists Vision is a driving force in the evolution of attitudes, ideas, and culture - which must be enhanced to challenge and inspire the world.

 

The Vector Foundation’s mission is to provide creative and financial support through grants, publications, events, exhibitions, lectures, residencies, non-profit creative blockchain projects, and yet unknown future possibilities.

GRANTS

As the Vector ecosystem grows we will be able to provide grants to: Artists, Fine Art Graduate Programs, Nonprofits, Artists in Residencies, Museums, Artists Run Galleries, and Projects Spaces.
ARTIST IN RESIDENCY

We will have an ongoing Artist in Residence at our headquarters in New York City. We can expand this to our international locations as Vector grows.
ART PROJECTS

We will continue curating and producing our international art events projects: Vector Artist Journal, Vector Video, Sound, Performance, Vector Interview Podcast, and launch Vector Project Spaces in key cities around the world where we can have curated exhibitions of the art fund collection.
ART AND BLOCKCHAIN

The Vector Blockchain will enable smart contracts. With a primary focus on fine and experimental art - we will have a program to help curate and jumpstart creative projects by artists and art institutions using blockchain technology.

LIBRARY

ARTIST

Artists can host book projects, journals and periodicals, video, images, and sound.
ACADEMIC PAPERS

Scholars and graduate students can host their essays, and thesis writers, poets, and philosophers can host their work.
INSTITUTIONS

Institutions can host books and media, categorize their inventory, and host their exhibition press, artist statements, and catalogs.
PUBLISHERS

Publishers can host art reviews, searchable by name and location, and publish critical Essays.

VECTORSPACE - OUR VERSION OF THE METAVERSE

VIRTUAL LAND

An environment of virtual spaces that will function much like a real world project or gallery space.
3D ENVIRONMENTS

Over time as the technology develops, AR and VR users will be able create their own enhancements to their environments.
ARTIST STUDIOS

Artists can have virtual studios where they display their art, create virtual installations, and environments.
GALLERIES

Galleries will be able to design a digital representation of their “actual” gallery or design something completely new.
DIMENSIONS

Plots will be based on three dimensional square footage much like the “real” real estate in New York.
AR / VR

The Architecture and Artwork will be displayed in the virtual gallery and user will have a simulated experience.
OPEN STUDIOS

Groups of Artists, Artist-In-Residency Programs, and MFA Graduate Programs could host their open studios events.
VIRTUAL EVENTS

Auction houses and Art Fairs can host a virtual version in parallel that can be attended by people around the world.
FUNCTION

Thinking of the needs of the Artworld - these plots will be similar to a gallery or project space in the real world.
CREATIVITY

Artists and Art Institutions will be able to completely let their creativity guide them. The sky is the limit…
ART FESTIVALS

Video Art, Film, Music, Performance, and Sound Art festivals can be hosted in a virtual Environment.
VECTOR ECOSYSTEM

The whole thing will be integrated into our entire ecosystem using our marketplace and the Vector Coin will be at the heart of all of it.
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