Artwork added to shopping bag!
Become An Exclusive Co-Owner Of High-Value Artwork
Our mission is to make the ownership of high-value artwork more accessible, whilst introducing an alternative way to diversify the investment portfolio through the model of fractional ownership. With LTArt, you are fully in charge of your art investments. Through our Art Exchange (coming soon), you will have the ability to trade your Art Shares whenever you wish.
Art Shares
Why Collect Art?
Art is often defined as a safe haven asset: it is a value preserving asset-class, especially in times of economic and financial turmoil. Like gold, artworks are less susceptible to risks associated with financial market crashes than stocks and bonds. Because of its intrinsic value as a luxury item, art is able to rebound and even grow faster than traditional asset classes in response to economic crises.
This dynamic has been highlighted by the 2008 financial crash. While the Artnet index for the Top 100 Artists bounced back and even outperformed its 2008 peak within two years of the drop, the S&P 500 took five years to recover, only regaining its strength by 2013. These data demonstrate the capability of artworks by Blue-chip artists, such as Boetti or Chagall, whose positions within the market have been consolidated by exceptional sales volumes over the course of several years, retaining their value during economic downturns. Between 2019 and 2021, the Artnet Index for the Top 100 Artists displayed a considerable positive return over time, consistently outpacing the S&P 500 in growth, proving the strength of the market at a general time (Deloitte Art&Finance, 2021).
How It Works
Step 1
LTArt sources suitable high-value artworks and carries out an in-depth due diligence.
Step 2
Using Polygon blockchain technology, artworks are split into a set number of Art Shares, in the form of smart contracts that legally certify co-ownership.
Step 3
Users select the number of Art Shares and proceed to the checkout where they can pay in both fiat and cryptocurrency.
Step 4
After purchase, the Art Shares will be transferred to the user's digital wallet.
Step 5
The digital certification associated with the shares will be accessible from the wallet, including the Joint Ownership Agreement and Certificate of Authenticity.
How It Works
Step 1
LTArt sources suitable high-value artworks and carries out an in-depth due diligence.
Step 2
Using Polygon blockchain technology, artworks are split into a set number of Art Shares, in the form of smart contracts that legally certify co-ownership.
Step 3
Users select the number of Art Shares and proceed to the checkout where they can pay in both fiat and cryptocurrency.
Step 4
After purchase, the Art Shares will be transferred to the user's digital wallet.
Step 5
The digital certification associated with the shares will be accessible from the wallet, including the Joint Ownership Agreement and Certificate of Authenticity.
Our Commitment
We are committed to adding value to the artworks we offer by circulating them within the art market. Our mission is to make art more accessible to a wider audience, circulating our artworks around museums and various exhibitions, in order to further support the fruition of artworks that may otherwise simply be stored in safes. Also, we would like to provide our co-owners with the opportunity to temporarily hold the pieces they co-own.
