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ARTT Network

artt.network

(0 reviews)
(0 reviews)
Site Rank: 1106

If your website is on the scam list and you think that you are not a scammer, contact us. After you provide us with all the proof that you are in Crypto World with good intentions, we will delist you. Usually, you get in this category because you are hiding your team, you have a bad reputation(you are tricking, deceiving, scamming people), and you haven't got a written project whitepaper or is a shitty one....

Their Official site text: 

ARTT Token White Paper
2
Table Of
Contents
3. Introduction
4. MBM Foundation
5. The Future of Scholarships
6. The ARTT Token Ecosystem
7. ARTT card
8. Tokenomics and Blockchain
Technology
9. Practical Blueprint
10. ARTT Token Applications
11. Looking to the Future
12. Our Marketing Strategy
13. Roadmap
14. Disclaimer
3
Introduction
Enter the ARTT Network
The cryptocurrency world is expanding rapidly, with new coins, tokens, and exchanges
emerging at lightning speed. Blockchain technology has transformed the global
landscape of currency, transactions, and ideas, presenting countless opportunities for
creativity and innovation, such as the meteoric rise of NFTs and the emergence of
Metaverses. However, few NFT projects fund creators and support their artistic pursuits.
With ARTT Network, we can revolutionize how we create, showcase, and value art,
building a future where technology and creativity coexist harmoniously.
Our white paper invites you to explore the untapped potential of cryptocurrency and art,
unlocking a transparent, secure, and accessible art world that empowers creators and
collectors alike. Join us on this journey towards limitless artistic expression, where
technology and creativity converge.
As an extension of the MBM Foundation, we are thrilled to introduce the ARTT Network,
our innovative tokenization platform for scholarship.
4
MBM Foundation
At the heart of our foundation lies a vision that sets our project apart from the rest.
We strive to establish a strong presence as a foundation dedicated to supporting
creators on an unprecedented scale. This commitment has led to the creation of the
first crypto-funded scholarship platform.
The MBM Foundation, already a well-established entity, has earned the trust of the
community, laying the groundwork for our ambitious goal of financing creators on a
much larger scale. Our proven success in the space gives us the confidence to deliver
on our promise to support creators globally.
Our team consists of successful senior entrepreneurs with significant track records in
the space, offering the reassurance that comes with working alongside experienced
professionals. We are not merely newcomers to the field; our extensive background
supports our pitch and invites you to join us on this groundbreaking journey. We are
confident that our project will lead the way and establish a lasting legacy that stands
the test of time.
Our mission is to empower creators worldwide by providing them with the
funding and resources they need to bring their creative visions to life.
5
The Future of Scholarships
Scholarships have long been a critical way for students to access higher education,
but there are challenges associated with managing these programs effectively.
Blockchain technology and decentralization offer a unique opportunity to overcome
these challenges and provide greater transparency, security, and accountability in
scholarship management.
One of the standout features of ARTT Network is the use of blockchain technology to
create a credible and verifiable record of students' achievements and the guidance
provided by their curators (mentors). As all accomplishments and contributions are
recorded on an immutable blockchain ledger, these digital fingerprints build a
trustworthy reputation for both students and their mentors.
This not only helps students showcase their skills and academic progress to future
employers and educational institutions but also allows curators to demonstrate their
mentorship success and expertise in guiding the next generation of talent.
One of the key benefits of using blockchain for scholarship management is
transparency. With blockchain, all transactions are recorded on a public ledger, which
means that every transaction can be tracked and verified. This means that there is a
clear record of how funds are being used and that they are being used correctly.
For scholarship programs, this means that donors can be assured that their funds are
going to the intended recipients and being used for the intended purpose. Students
can also have greater confidence in the fairness of the scholarship process, as they
can see how funds are being distributed and how decisions are being made.
Transparency
Building Reputation
6
The ARTT Token Ecosystem:
Royalties and Community Control
To maintain a healthy and sustainable system, 40% of all proceeds generated from students'
work and scholarship repayments are utilized to buy back ARTT tokens from the market and
subsequently burn them. This deflationary model ensures a consistent demand for the token
and helps maintain its value over time.
Our partnership with payment providers enable artists to procure real-world assets,
materials, and items to enhance the quality of their final work. In exchange, the MBM
Foundation will have the right to sell the digital representation of the artwork as an NFT on
selected NFT Marketplaces, and publish them in Metaverses.
Thanks to the EIP2981 standard, creators will receive royalties for every creation transaction,
ensuring that the support they receive is continuous and consistent.
Royalties from the sale of the artwork will be used to buy back and burn ARTT tokens, with
the remaining funds being used to support and maintain the project. Any changes to the
mechanics of the smart contract will be determined by the community through voting.
7
The ARTT Network's innovative ARTT Card is elevating scholarship programs by offering students
and supporters of the ARTT Network with a unique virtual payment card. By integrating the ARTT
Card with popular digital wallets like Apple Pay and Google Pay, we offer a seamless and
convenient payment solution for our whole community.
Our foundation is built on tokenized scholarships, with investors purchasing ARTT tokens that fund
scholarships for talented creators in various fields. In return, these creators commit to paying back
their scholarships and contributing to the foundation's mission.
Scholarships are disbursed as monthly top-ups to the ARTT Card, a secure and transparent way to
support creative talent. Open to all investors and supporters who wish to contribute, the ARTT
Card program promotes the circulation of the token within the ecosystem. The card's key feature
is its ability to regulate scholarship fund spending to ensure that the funds are used for their
intended purpose. Specific spending restrictions prevent misuse of scholarship funds and
maintain the program's integrity.
The ARTT Card comes in two distinctive tiers: the Regular ARTT Card for students and supporters
and the VIP ARTT Card for investors and other prominent stakeholders, each offering exclusive
benefits tailored to user preferences. To secure your spot on the waiting list, participate in the
upcoming ARTT token Initial Exchange Offering (IEO) and purchase a minimum of 10,000 ARTT
tokens for the Regular Card or 50,000 ARTT tokens for the VIP Card.
Staking your ARTT tokens not only guarantees your position on the waiting list but also
demonstrates your commitment to supporting the ARTT Network's mission to empower
creative talent worldwide.
8
Tokenomics and Blockchain
Technology
ARTT token Total Supply: 2,000,000,000.
Cliff and Vesting Periods: Team and advisor tokens are subject to a cliff and vesting period,
ensuring their commitment to the project's long-term success. The cliff period is the initial
time during which no tokens are unlocked, followed by the vesting period where tokens are
gradually released over a predetermined schedule.
As you can see, the above mechanism takes care of all parties involved, from the token
holders to those who would prefer staking and the foundation itself. It also caters to the
artists because running the foundation favors the foundation as a whole and artists who
benefit from the scholarship scheme and even potential recipients of the scholarship.
The platform may change the transaction mentioned above fee model by voting through
the DAO. It is not a fixed model, and it is a substitute to change via a vote.
8
Locked for 24 months for future growth of the project, vesting on 24 equal installments
9
Practical Blueprint
The ARTT community can earn additional rewards and participate in network
governance by staking their ARTT tokens.
 Staked tokens can also be used for voting on network governance, giving
community members a voice in decision-making. Community members who
elect to stake their position may also qualify for the ARTT Payment Card, with
varying levels of privileges and access to additional perks.
Staking ARTT tokens is an excellent way for the ARTT community to engage
with the network and maximize their rewards.
STAKING $ARTT
Here’s how the process unfolds:
The foundation issues the ARTT token, which contributors or other crypto
enthusiasts can purchase. As a result of these contributions, the foundation
has funds to offer scholarships to creators.
Now, this is where it gets even more exciting.
The artwork of these creators is sold as NFTs in Metaverses and as real-life
assets. We recognize that art has a unique ability to transcend both virtual
and real worlds, and thus we have initiated the sale of these artworks
through both avenues. The income generated from these sales is then
divided into three parts. A portion of the income is given to the creator, while
another portion is returned to the foundation. The majority of the income is
then used to buy tokens back from the market and burn them. This
three-way split ensures that all parties involved benefit from the process.
10
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4
3
2
Scholarships for young creators
The primary reason behind the creation of the ARTT token is to
provide funding for young creators worldwide. By doing so, the
token creates an enabling environment for creators to grow and
develop their craft. This initiative aims to empower and support
these creators by providing them with the resources and funding
needed for their success.
Income from selling their artworks
As creators grow and develop, their talent is often
displayed in their artworks. The ARTT token allows
holders to invest in these creators and share in the
benefits of their growth by selling their artworks for
profit. This creates a cycle of investment and return
that ultimately benefits both the creator and the
holder.
Voting in DAO
ARTT token holders participate in the DAO
decision-making process, voting on
amendments and fostering transparency. The
smart contract governance ensures no external
meddling, creating an equitable environment.
ARTT Card
The ARTT Card is our real life
application for your ARTT Tokens,
where ARTT Network members
can be elected to receive a
tangible card for necessary
expenses. All transactions made on
the ARTT Card are transparent by
nature and can be screened by the
DAO.
ARTT Token Applications
11
Funding Projects through Scholarships
Looking to the Future
Our scholarship opportunities are designed to provide
support not just for individual creators, but also for projects
that can help creators in the crypto space. By broadening the
scope of our scholarships, we can reach a wider audience
and extend the benefits of our program to more creators. We
are committed to funding projects that can have a positive
impact on the community and help us achieve our goal of
supporting creators on a much larger scale.
Investing in Innovative Art-Related Technologies
Technology is rapidly advancing and there is always the
possibility of new art-related technologies being developed.
As a result, we aim to ensure that our investment fund can
provide the necessary financial support for the development
of such projects. By doing so, we can help bring new and
exciting art-related technologies to life and provide even more
opportunities for creators in the crypto space.
Listing the ARTT Token on major exchanges
worldwide
Our ultimate goal is to have the ARTT token listed on major
exchanges around the world. This will enable us to grow our
community and further expand our scholarship program. We
are committed to making this vision a reality in the coming
years and are excited about the possibilities this will bring for
creators and the wider crypto community.
12
Social Media Awareness
Creating a strong online presence is crucial for the success of the ARTT
Network. We will actively engage with our target audience on various
social media platforms, such as Discord, Telegram, Twitter, and Instagram,
to build a robust community around the project. This approach will not
only kickstart the project but also help us develop a solid foundation for
future growth and expansion.
Our Marketing Strategy
 Partnerships with Art Universities
Collaborating with art universities is an essential component of our
marketing strategy. By partnering with these institutions, we will raise
awareness of our scholarship opportunities among young creators,
reinforcing our commitment to supporting the arts and fostering a vibrant
ecosystem of creators and supporters. This approach will help us attract
talented individuals to our platform and create a strong foundation for the
ARTT Token project.
Large Scale Promotion
Our large-scale promotion strategy encompasses attending industry
events and conferences, organizing collaborative projects and art
exhibitions, and establishing strategic partnerships with NFT marketplaces
and creative platforms. These efforts will elevate the ARTT Token project's
credibility, attract a dedicated community, and showcase the real-world
impact of our initiative. By engaging with diverse audiences and leveraging
existing networks, we aim to position the ARTT Token as a groundbreaking
tool for empowering creators and supporting the arts worldwide.
13
03
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01
Q1 2023
• Creation of the website for the scholarship program
• Launch of marketing campaign
• Signing deals with the first schools of ARTT to discover
exceptional creators
• Audit of the smart contract finished
• Start of Public Sale
Q2 2023
• Staking and swapping ARTT tokens enabled
• Launch of ARTT network branded payment cards
• Formation of DAO to vote on funding specific
scholarships for individual creators
• Launch of ARTT Network platform
• Full-scale marketing to promote the project and
scout for outstanding creators globally
Q3 2023
• Established partnerships with NFT Marketplaces
• Facilitating on-ramp and off-ramp for ARTT tokens
• Inaugural sale of art on NFT platforms and
distribution of initial payments to ARTT token
holders
• Secured partnerships with leading Metaverses to
exhibit creators' work
Roadmap
14
Disclaimer
This disclaimer is for all individuals currently using or planning to
acquire ARTT cryptocurrency tokens. In this agreement, the terms
"us," "we," "founders," "token," "tokens," "coin," or "company" refer to
ARTT. Please read this entire disclaimer section carefully as it is
not intended to provide legal, financial, business, or tax advice. It is
highly recommended that you consult with your own professional
advisor(s) prior to engaging in any activity with us. The ARTT
cryptocurrency tokens are referred to as foundation tokens or
foundation token in this disclaimer. In essence, the "coin" is actually
a cryptocurrency "token" utilizing blockchain technology. By
acquiring, selling, trading, or utilizing our foundation tokens, you
agree to hold any founders, individuals engaged in promotion, or
users of our cryptocurrency harmless. Neither the Future Service
Foundation (the Foundation), any members of the project team
(ARTT) who have worked on the cryptocurrency protocol, any
distributor or vendor of foundation tokens (including without
limitation, Ethereum Push Notification Service Limited - the
Distributor), nor any service provider shall be liable for any direct or
indirect damages or losses whatsoever which you may incur while
accessing this whitepaper published by the Foundation.
15
Contact Us
ARTT Network by MBM Foundation
00-030 Warsaw Poland
Plac Powstańców Warszawy 2
[email protected]
https://t.me/ARTTNetwork