PARIS, Oct. 28, 2022 /PRNewswire/ -- On October 17, 2022, Bruno Le Maire - Minister of Economy, Finance and Industrial and Digital Sovereignty - was interviewed by BFM Crypto on the subject of crypto assets.
Artmarket.com carefully observes the declaration of the State leadership of the economic potential of the cryptoactive ecosystem, and above all of wanting to make France "the European center of the cryptoactive ecosystem". Bruno Le Maire stated: “And we want France to be the European hub of the crypto asset ecosystem.”
He also said: "Today, France boasts some of the most innovative DASPs in the world and can draw on an exceptional concentration of cryptographic skills, be they scientific, IT, financial, legal or commercial."
Artmarket.com is fully prepared to contribute to making France a leading country in crypto assets in Europe and also in the world, in the specific field of art NFTs, adopted by all the historical players in the art market.
As a world leader in art market information and a pioneer on the Internet since 1987 with Group Serveur, Artprice by Artmarket (designated "innovative company" twice by BPI France) has all the advantages, technological know-how and experience to place France as an international leader in the field of crypto art.
Artmarket.com already has permanent information on current NFTs in 119 countries, as the world's first press agency dedicated to the art market, NFTs and the metaverse:
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Artprice by Artmarket.com confirms that during the first half of 2022, the Art NFT (Jeton Non Fongible in French) phenomenon became a lasting segment of the art market on all continents, with sales and volumes accelerating in the second half of 2022. This acceleration has been triggered primarily by a) the cryptocurrency purge and b) the introduction of much more favorable legislation in the United States. Meanwhile, Europe has introduced a regulatory framework that monitors and controls the cryptocurrency environment, thus giving greater confidence to consumers, investors and operators.
This regulation is the subject of studies, discussions and proposals to the main French and European government agencies by the Art
Thierry Ehrmann, Founder of Artprice and CEO of Artmarket.com noted: "In our various annual art market reports and in our communications with investors, we have always included NFTs in our studies. And we have always said that they are not You can understand this market with exponential growth without understanding the vital importance of Blockchains, cryptocurrencies and their cultural origin within the Cypherpunk environment (PGP-type data encryption period in the early 90's)."
In fact, OpenSea USA, the leading NFT platform, states that 80% of major art NFT issues may affect third party intellectual property rights. Given this observation, Opensea has announced that it is studying solutions to counteract this scourge and protect sellers and buyers. There is only one viable solution to this problem: the certification of the Art-NFT primary market by Artprice through its blockchain and smart contracts.
It is precisely in the primary issuance of Art NFTs that Artprice by Artmarket.com is the only one on the world market, taking into account all the underlying parameters and data, to be able to truly comply with the certification of the primary issuances of Art NFTs.
This ability to certify primary issues of Art NFTs is based on the fact that Artprice by Artmarket.com is the World Leader in Art Market Information and author of its authoritative databases for 25 years. These, in turn, contain the world's largest documentary collection of notes, manuscripts and auction sales catalogs dating back to 1700, while also guaranteeing the authenticity and historical proof of their databases.
Artprice by Artmarket.com aims to be the most successful and highly competitive art NFT platform through its Metaverse, which is the ultimate and inevitable result of the NFT revolution.
This Metaverse is the guarantee of the exponential and continuous growth of the Art Market by NFTs. It will be accompanied by its Blockchain and its smart contracts to allow fair remuneration for artists, with copyright societies such as ADAGP, of which Artprice has long been one of the main collaborators, under the legal provisions of reproduction , to support artists.
The Minister of Economy added "In the immediate future, I am delighted with the transition of Ethereum to proof of stake, which consumes much less energy. "
This is in line with the Artprice by Artmarket.com Blockchain, which will primarily use Ethereum for its smart contracts, as announced in its recent press release, following the transition from "Proof of Work" (PoW) to "Proof of Stake". of Ethereum 2.0 on September 15, 2022:
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In fact, Artmarket.com has followed very closely for the last 3 years the transition to "The Merge" of the decarbonized Ethereum 2.0 Blockchain, in the context of the global energy crisis, which has only just begun. According to its founder Vitalik Buterin, thanks to "The Merge", after 7 years of development and successful beta tests, the electricity consumption of Blockchain ETH plummets by more than 99.95%, going from "Proof of Work" (PoW) to "Proof of Stake" (PoS).
The fact that Artprice anticipated three years earlier the Ethereum Blockchain and its smart contract as a reference in the art market for NFTs, is reinforced by the official shipment of Christie's on September 27, 2022, with the announced launch of Christie's 3.0 which is based on the Ethereum Blockchain.
According to a study by Artprice:
“All art market market makers and in particular most auction houses around the world now have an NFT department for year round online and catalog sales. large structures in the museum and art gallery industry are beginning to publish their own NFTs.
Digital art created in the 1980s is finally making its real revolution by reaching nearly 500 million fans of art NFTs, with purchase costs that are now very affordable.
There are already more than 54,000 artists identified by Artprice who directly produce their NFTs for their buying public and this is only the beginning of this paradigm shift.
This is an important event that definitively modifies the structure of the art market and its actors, as it has been known since 1950 according to sociologists, art historians and analysts. This is also confirmed by the various Artprice departments, especially when it comes to figures."
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Artmarket.com will contribute to giving France and Europe the possibility to counteract the Anglo-Saxon hegemony in the field of crypto assets. He will expose to the Minister of Economy, Finance and Industrial and Digital Sovereignty, the unique capacities of Artprice by Artmarket.com, a world leader in art market information for 25 years, in the certification of the primary emission in the field of NFTs of the art and crypto art more generally.
Copyright 1987-2022 thierry Ehrmann www.artprice.com - www.artmarket.com
About Artmarket:
Artmarket.com cotiza en Eurolist por Euronext París, SRD long only y Euroclear: 7478 - Bloomberg: PRC - Reuters: ARTF.
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Artmarket and its Artprice department were founded in 1997 by its CEO, Thierry Ehrmann. Artmarket and its Artprice department are controlled by Groupe Serveur, created in 1987.
See certified biography in Who's Who ©: link
Artmarket is a global player in the art market with, among other structures, its Artprice department, a world leader in the accumulation, management and exploitation of historical and current information on the art market in databases containing more than 30 million indexes and auction results, covering more than 793,000 artists.
Artprice by Artmarket, a world leader in art market information, has set out, through its Global Standardized Market, to be the world's leading Fine Art NFT platform.
Artprice Images® allows unlimited access to the world's largest art market image bank: no less than 180 million digital images of photographs or recorded reproductions of works of art from 1700 to the present, commented on by our art historians.
Artmarket, with its Artprice department, permanently accumulates data from 6,300 Auction Houses and produces key information on the Art Market for the main press agencies and media (7,200 publications). Its 5.4 million users ('members log in' social media) have access to the ads published by other members, a network that today represents the main Global Standardized Market® to buy and sell works of art at a fixed price or bidding (auctions regulated by sections 2 and 3 of article L 321.3 of the French Commercial Code).
Artmarket with its Artprice department, has been awarded the state seal "Innovative Company" by the Public Investment Bank (BPI) (for the second time in November 2018 for a new period of 3 years) which is supporting the company in its project to consolidate its position as a global player in the art market.
Artprice publishes its report on the 2022 ultra-contemporary art market: link
Artprice 2022 Semi-Annual Report: The art market grows strong again in the West: link
Artprice by Artmarket World Art Market 2020 Report published March 2022: link
Artmarket.com's Artprice Contemporary Art Market Report 2020/21 - Link
Index of press releases published by Artmarket with its Artprice department: link
Follow all the news on the art market in real time with Artmarket and its Artprice department on Facebook and Twitter:
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Contact Artmarket.com and its Artprice department - Contact: Thierry Ehrmann, ir@artmarket.com
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