OTS - Despite global pandemic and recession - 4ARTechnologies is the first Startup to fulfill its ICO promises with innovative product release and exchange listing
2020. July 02. 10:13
Zug, July 2, 2020 (APA/OTS) - Following the implementation of Apple
recommendations, the Swiss company 4ARTechnologies launches the
next version of the 4ARTapp, the art innovation that already has
customers in over 60 countries, and has now successfully placed its
cryptocurrency 4ARTcoin on the renowned BITTREX Global exchange in
Liechtenstein.
With the placement on the exchange, 4ARTechnologies is the
first company in the world to have successfully completed an
Initial Coin Offering (ICO) with an existing product and whose
cryptocurrency is listed on a trading exchange with a stable value.
The 4ARTcoin is the world's first cryptocurrency for the art
world. It will enable transactions between all art market
participants, maximizing security and eliminating transaction or
exchange losses. The digital currency further supports the
digitization of the global art market, which was accelerated by the
COVID-19 pandemic, and the shift of trade to borderless online
platforms. In addition, customers of 4ARTechnologies can pay for
services within the 4ARTapp using the 4ARTcoin and receive a 20
percent discount.
Since the demand for the 4ARTcoin will increase with the
expanding use of the 4ARTapp in the art market, financial experts
expect the value of the cryptocurrency will only become higher in
the long-term. Currently, the 4ARTcoin can only be purchased and
traded by investors on the BITTREX Global exchange.
About 4ARTechnologies
With the goal of protecting the cultural heritage of art for
future generations and bringing the global art market into the
digital age, 4ARTechnologies is setting a new digital standard for
the art world. The company combines the blockchain with its
patented technology and offers all art world participants more
transparency, security and efficiency.
Pictures are available at AP Images (http://www.apimages.com)
https://www.4art-technologies.com/services
Contact:
4ARTechnologies AG
Dino Lewkowicz
dino@4art-technologies.com
Mobile: +41-78-955-42-44
www.4art-technologies.com
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