Just days ago, Swarm proudly announced that one of its featured investment opportunities TheArtToken (TAT) has already raised more than USD $5 Million, having very successfully exceeded its first funding goal of $4 Million. This significant milestone was swiftly passed as the total amount now invested nears $12 Million, which is up more than $2 Million from just 2 days ago.
Swarm is a non-profit organization that connects everyday investors with the opportunity to participate in multi-trillion dollar securities and private equity fund pools by tokenizing these assets with SRC-20 security tokens. In this case, each TAT represents an investors fractional ownership in a collection of Post War and Contemporary Art.
Last year the annual dividends from TheArtToken’s collection was +14.31%, and contemporary art as-a-genre has returned an average of 10.85% p.a for the last 50 years. Therefore, it’s no wonder that TAT is quickly becoming Swarm’s most popular investment opportunity yet.
TAT provides a revolutionary approach to investing in one of the oldest and most stable, appreciating asset classes, with the benefits of one of the newest innovations, blockchain technology.
Another reason for the investment opportunities huge success, is no doubt partially due to an expanded reach of participants with the recent integration of a fiat investment gateway. This was made possible by Swarm’s collaboration with global currency specialists, MercuryFX. Now investors can contribute funds in over 30 fiat currencies, as well as their crypto of choice.
“Investors seek familiarity and trust, and the offerings from the teams at TheArtToken and Mercury FX intersect on Swarm to bring investors a tangible investment opportunity and the ability to safely invest using their currency of choice.”- Philipp Pieper, CEO Swarm & Co-Founder of Swarm.
Not only does TAT’s value increase with new investment, but the value of the collection grows by pure annual appreciation as art inherently becomes more precious with age. Each and every piece of art is physically stored and secured by the Swiss Government in a Swiss bonded warehouse.
Once the funding goal has been reached, TAT tokens are made liquid and tradable on qualified exchanges that support security tokens. Besides that, investors can also exchange their tokens for actual artworks if they prefer.
It’s an extraordinary concept that provides the unprecedented opportunity to obtain partial ownership of incredibly valuable artworks, yielding some of the most impressive returns among the most prominent asset classes.
TheArtToken aims to raise a minimum of $16 Million, with the potential to raise up to its $25 Million hardcap goal.
To find out more, see the details on: Swarm.
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