In the rapidly evolving world of digital assets and NFTs, the All.Art Protocol stands as a groundbreaking innovation. By seamlessly merging enhanced standards, integrated license rights, and a supportive creator economy, All.Art Protocol is poised to redefine digital ownership and fuel widespread digital asset adoption. This innovative platform leverages the $AART token, which powers transactions and unlocks premium features within the ecosystem. Running on the Solana blockchain ensures lightning-fast, low-cost transactions. Whether you're a creator, collector, or investor, the All.Art Protocol offers a pioneering solution designed to empower the way you interact with digital assets. Read on to explore the future of NFTs and digital ownership with All.Art Protocol.

What Is All.Art Protocol (AART)?

The All.Art Protocol marks a significant advancement in digital assets and NFT technology. It innovatively combines enhanced standards, embedded license rights, and creator economies, aiming to fuel digital asset adoption and redefine digital ownership. By storing industry-specific metadata on-chain, All.Art Protocol introduces superior NFT standards that set the stage for widespread NFT usage across various industries.

The $AART token, exhibiting utility since its inception, serves as the powerhouse across all ALL.ART products. When staked on SolSea NFT marketplace, $AART not only unlocks gold listings but also reduces trading fees. It also serves as the main currency within the metaverse, powering all user transactions. This dual functionality provides holders with tangible benefits and an incentive to engage with the ecosystem.

All.Art Protocol runs on the Solana blockchain, offering high-speed, low-cost transactions with Layer 1 scalability, minimal energy consumption, and upgradable smart contracts.

Who Are the Founders of All.Art Protocol?

Established in 2018 by Vitomir Jevremovic, VR All Art laid the groundwork for the development of the All.Art protocol. Serving artists, galleries, and museums, the platform overcomes physical and temporal boundaries in the art space. This innovative strategy led to the incorporation of blockchain-based art trading in virtual exhibitions, denoting a key evolution in the All.Art protocol.

The platform has since evolved and incorporated blockchain technology after its successful development during the Solana seasonal Hackathon in 2021.

What Makes All.Art Protocol Unique?

All.Art Protocol is distinguished by its comprehensive range of products, tools, and features that empower creators to build and manage distinctive ecosystems across diverse industries. A defining aspect of the protocol is its cutting-edge approach to on-chain intellectual rights management. This ensures that digital assets are safeguarded and appropriately handled.

As metaverses rise in prominence, NFTs become instrumental in redefining digital ownership. Unique to our protocol are NFTs embedded with licenses. This innovative feature emphasizes the paradigm shift in digital asset ownership and management.

How Many AART Coins Are There In Circulation?

With a total supply of 5 billion $AART tokens scheduled for release over six years, the protocol prioritizes long-term stability. All tokens are designed to undergo extensive locking or vesting periods to ensure a measured distribution. Currently, tokens are allocated as follows: 19.5% for the ecosystem, 2% for public sale, 5% for liquidity, 5% for advisors, 22.5% for the team, 16.7% for the private round, and a notable 29.3% for the treasury.

Token Market Data

Coin Statistics:

• Current Price: $0.0022
• Market Cap: $4,190,105.36
• 24h Price Change: -5.71%
• 7d Price Change: -19.87%
• 30d Price Change: 171.82%
• 24h High: $0.0024
• 24h Low: $0.0021
• All-Time High: $0.0460 (2021-12-28T11:51:05.000Z)
• All-Time Low: $0.0005 (2023-09-19T03:26:00.000Z)
• Circulating Supply: 1,913,667,796.36
• Total Supply: 4,999,969,667.01

Purpose and Utility of the All.Art Protocol Crypto Token

The All.Art Protocol crypto token, $AART, serves as the native digital, cryptographically-secure token of the ALL.ART Protocol. It is designed to be used solely as an interoperability utility token of the protocol and will power all utility functions and provide liquidity in future creator economies based on NFTs. $AART is a general-purpose, infrastructural utility token used in all services associated with the new NFT-PRO standard and the ALL.ART ecosystem elements, products, and partners.

The All.Art Protocol aims to solve several problems in the NFT space, including the lack of proper ownership rights management, limited liquidity for non-fungible tokens, and the need for improved NFT standards that can bridge the gap between digital and real-world assets. The protocol introduces creator pools with creator tokens, enabling each NFT to be traded using these tokens, which empowers creators to have unprecedented control over how their NFTs are utilized.

The ALL.ART Protocol also defines upgraded NFT standards with embedded license rights and additional metadata crafted per industry needs stored on-chain, which it calls NFT-PRO. This standard ensures that any transfer of ownership is properly managed on-chain, allowing for multiple types and levels of license rights for a single NFT item, as well as different behavior models of these NFTs.

By introducing these features, the All.Art Protocol aims to enable metaverse builders equipped with NFTs to fundraise their next endeavors, empower creators, users, collectors, and investors to generate, utilize and trade new generations of NFTs, and unlock the creator economy by integrating licenses into non-fungible tokens, delivering interoperable IP.

Tokenomics and Distribution Model

The tokenomics and distribution model of the All.Art Protocol crypto token, AART, involve various elements, including tokenomics, allocation, vesting schedule, distribution mechanisms, governance, transparency and compliance, market strategy, and community engagement.

Tokenomics

Tokenomics for AART defines the economic model of the token, including its total supply, utility, and pricing. This framework sets the stage for the token's value and demand within the All.Art Protocol's ecosystem.

Distribution Model

The token distribution model for AART involves allocating the total token supply among various stakeholders like the founding team, investors, advisors, and the community. The exact percentages allocated to each group are as follows:

• Ecosystem: 19.5%
• Public Sale: 2%
• Liquidity: 5%
• Advisors: 5%
• Team: 22.5%
• Private Round: 16.7%
• Treasury: 29.3%

Vesting and Lock-Ups

The vesting schedule for AART ensures long-term commitment from the team and advisors by defining when and how allocated tokens become available for sale, often