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ARTFI is a cryptocurrency project that officially launched in 2024, operating on the blockchain platform of the Sui Network. The core aim of ARTFI is to tokenise artworks, thus creating fractional non-fungible tokens (NFTs) that symbolise ownership in some of the most sought-after art pieces globally. This innovation addresses the barriers to entry often associated with high-end art, such as exorbitant prices and a lack of access to quality pieces.
Fractional ownership allows a larger audience to invest in art, thereby enhancing liquidity within the often stagnant art market. Through this model, collectors can purchase fractions of high-value art pieces, making it financially viable to diversify their investment portfolios. Furthermore, ARTFI seeks to democratise fine art by ensuring that ownership is not restricted solely to affluent individuals but is accessible to anyone who wishes to partake.