A new startup has recently emerged in the midst of a depressed crypto market, aiming to revolutionize the art world by offering fractional ownership of blue-chip art through NFT technology.
The launch of Freeport took place at Zero Bond, a New York club, amidst an ambiance of old-fashioned cocktails, Korean barbecue hors d’oeuvre, and opulent drapery. The event showcased an Andy Warhol Marilyn print in a vibrant hot-pink colorway, propped up on an easel. Alongside this iconic piece, three other Warhol prints were made available to the initial round of Freeport investors, enabling them to purchase fractional shares for as low as $25 per share, with a minimum buy-in of 10 shares (Marilyn priced at $55 per share).
Continue reading… “Art for All: Freeport Revolutionizes Access with Fractionalized Ownership on the Blockchain”