Artwork added to shopping bag!
Become An Exclusive Co-Owner Of High-Value Artwork
Through the model of fractional ownership based on NFT Art Shares, LTArt gives collectors, private individuals and companies the possibility to become art co-owners by buying just a share of an entire piece of art. Each of these shares, represented by smart contracts, has been linked to a Non-Fungible Token (NFT) using blockchain technology, which will automatically be issued to the buyer once the trade is finalised. LTArt’s mission is to make art ownership more accessible, whilst also introducing an alternative way to diversify the investment portfolio.
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.
What Does It Mean?
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).
Our Committment
We are committed to adding value to the artworks we offer by circulating them within the art market and allowing all co-owners the possibility of temporarily holding the artwork. Our mission is to not only democratise the market, so that everyone may have the opportunity to own a piece of high-value art, but to also 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 which may otherwise simply be stored in caveaux.
How It Works
