TheArtToken has rapidly taken off as one of Swarm’s most successful investment opportunities to date. Although it comes as no surprise, since art-as-an-investment has proven to yield some of the highest dividends over other traditional asset classes with an average ROI of 10.85% per annum.
The sale for the TheArtToken (TAT) kicked off on the 4th of December 2018, and already the SRC-20 security token has smashed through its first funding goal of $4 Million and is now approaching $11.2 Million in just 2 weeks.
Swarm presents a rare opportunity to profit from the world’s most stable asset class, art, by the mechanism of its innovative blockchain technology. It’s a remarkable concept that combines one of the oldest and greatest stores of wealth with a cutting edge distributed ledger that liberates those assets and makes access to partially own shares in them more attainable.
Swarm allows many individuals to pool their resources together in order to reach an investment’s softcap goal, in TheArtToken’s case this goal is $16 Million. Once this minimum goal is reached all contributors are allocated the equivalent amount they invested in the form of TAT security tokens, which then become liquid on eligible exchanges.
TAT tokens represent an investors fractional ownership of an ever-growing collection of Post War and Contemporary Art which can either be traded or redeemed for real artwork.
Every single artwork is insured and physically stored in a Swiss bonded warehouse secured by the swiss government. The value of the collection grows not only through new investments, but through the pure annual increase in value of the artworks, which reached +14.31% in 2017.
Familiarity and trust are key elements to investors, art is something we can understand, whereas for many people yet, digital currencies are still a foreign concept. Aware of this, Swarm has integrated with MercuryFX, global currency specialists to operate it’s fiat investor gateway. Through this collaboration, Swarm investors can commit funds using over 30 fiat currencies.
With that said, the fact that a security token has raised millions of dollars so quickly is impressive and signifies a shift in the focus of both traditional and cryptocurrency markets and their investors. By tokenizing securities and real-world assets, Swarm is linking the familiar to the future and opening a world of investment opportunities previously limited to only a very small percentage of the already very wealthy.
The TheArtToken sale continues on Swarm, with discounts on a first come, best served basis over three phases - 30%, 20% and 10%. This investment opportunity closes 15th January 2019 or once the hardcap goal of $25 million is reached prior to that.
More information at Swarm.Fund or TheArtToken.com.