Yes really, we’ve been researching and creating our platform for that long. So, what is the BAE and why doesn’t it have a full exchange? And if we have this amazing researched contract why is it currently running a BETA contract using pixura?
This can all be put to a simple explanation archiving; we believe that it isn’t just about owning digital art and creating scarcity in a market that until a few years ago had none. This is great but crypto kitties already did that, we want to push this market forward and help bring in the about 70 billion market cap art market industry into blockchain. What we mean by archiving is its all well and good to have a jpeg or a PNG linked to a token for display. But we are buying art it may not matter to the artist, but collectors of all items look for certain things, this is why attributes for collectables work so well not to mention how they line up with video game items, but that a different story.
The reason we are running our beta on Pixura is because we couldn’t wait any longer to show just a small amount of our artists to the crypto community. We wanted to get 100 works out so we could get our hat in the ring. As we’ve been around for as long as our competitors but most of our time has been spent on R&D.
We can break what I’m talking about into three parts and see some of the ways our teams experience in the art-world has come into this project.
Our digital standard
Think of something like the grading for diamonds you have GIA, for digital art you now have the BAE standard. This standard was created with industry experts in scanning photography, video art and photoshop. We considered calling the photography standard the Bailey standard as it was created with input from David Bailey but settled on the BAE. This standard considers all the objective factors about a digital work to determine a long-term archive grade. We will be making this standard open source After our full launch to help give a guide to all artists and future projects. It’s a digital quality check, you wouldn’t buy a canvas with holes in it so the same should be said of digital files.
Unique art smart contract functions
As mentioned above right now we are operating on a pixura contract big shout out for making it possible to get some of the amazing art out before we would have been ready. But our contract holds a lot of extra information and is not simply a token holding a link to a sever that returns all the relevant information (although we have had to add that in to integrate).
Our token contains the name of the artist, artwork, a URL to the thumbnail, a URL to the high-resolution file this URL can only be seen by the owner of the token while it could be manually pulled by the owner. We will be adding front end functions to make this a better UX. That’s not it though we have many more art integrations in store of course our tokens also hold a section for the overall objective grade of the work. Also, a marker to let you know if they are physical works and the ability to store notes about the work into the blockchain. That’s not to mention the print Function and licensing. Don’t get too excited by all this yet though while this is in our smart contract. Front end integration…. Has been poor to say the least it not often that a project will admit that things did not turn out right, but we have no issue saying that about our front end is less than not very useful right now.
Our smart contract however is beautiful construct and we are so proud that soon it will be in the hands of the users. (note for the time being the BAE tokens will only be available on 3rd party exchanges such as opensea.io we will update as soon as our platform is working )
With over 8 years’ experience managing artist and archiving their work it’s understandable that Our teams archive of artwork would be vast. And that’s exactly what it is Vast maybe a better word would be colossal, the artwork released so far on open sea is only from about 5-6 artists and 100 unique works most of them are just from two artists Charlie Harney and Taline. It might be worth mentioning at this point that all our artwork is unique one of one. There are a lot of artists on the waiting list to be listed, and a lot of artwork at the moment it stands at well over 1000 unique artworks and that’s really just the tip of the iceberg.
You may be thinking so what a lot of images doesn’t mean they are worth anything, you’d be wrong ALL our artists have a history of sales in the art market there are a one of two crypto artist who of course do not. But 99% of the artwork on our smart contact comes from artists who have shown in a gallery and have a history of sales.Not to mention our team has over 8 years’ experience in pricing artwork so we understand what makes art valuable and how to price it. Maybe not crypto art yet, but after the classic art market joins this revolution the lines will be completely blurred, and it will all just be called art.