HOW
Last updated
Last updated
When an NFT is created or minted around a single piece of digital art, it is not only stamped and secured with a blockchain’s encryption, but also given a governing contract and the ability to be stored and exchanged digitally. This technology is well accepted, and the global Non-Fungible Token market was estimated at over USD25 billion in 2023.
SUPERLUXE & Partners Limited works with its artists to create & curate, market and sell ‘traditional’ art (such as Limited Edition Prints) whilst SUPERLUXE.io offers digital art (NFTs) via it’s platform as well as Physical Artworks, which can be packaged together as a 'Phygital' offer, or sold separately, depending on what the client / collector requires.
To support this, SUPERLUXE.io has developed a technology stack that will underpin the art offered, both physical (Originals and Prints) & digital (NFTs).
SUPERLUXE.io has soft-launched its Art Utility Token $ARTX, which facilitates the operational aspects of the company and development of the tech stack for minting and exchanging NFTs with registered Token-holders.
$ARTX can be purchased directly via SUPERLUXE.io using Fiat or other Crypto, OR, via our Liquidity Pool on Raydium.io
Plans for a Security Token ($LUXX) to launch late 2025 will represent the value of the curated art stored in the SUPERLUXE.io Art Wallet and benefits from additional and rising prices of the art in the wallet.
The $ARTX Token is designed to incentivise and reward Token-holders to buy and hold $ARTX beyond any gains in the value of the token over time. With access to discounted artworks held by $ARTX and other ‘real world’ benefits such as free NFTs, exclusive event invites, a copy of the PETS ROCK Coffee Table book for the top 100 token-holders, free Token Airdrops and more.
SUPERLUXE.io will build its Metaverse platform and Token-holders will have exclusive access to it and the ability to buy merchandise using their $ARTX tokens at a discounted rate.
Ultimately, the SUPERLUXE.io $ARTX Art Utility Token creates a positive economy for all stakeholders whilst also pushing the current boundaries and limitations (traditions) of art forward technologically and commercially.
