A community for art entrepreneurs
Basels are the tokens powering our art investment fund built on Stellar blockchain. Choose the artworks that we acquire with your tokens.
You choose
Discuss with other investors prospective acquisitions, new artworks and new artists for the collection.
You vote
The community of Basel holders vote on the future acquired artworks. Basels holders get the right to vote on each newly acquired artwork.
You get the returns
Benefit from artworks appreciation. After the artworks have been sold (time horizon of 3 years+) the profits are used to acquire Basels from the liquidity pool, increasing directly the value of Basels.
What are Basels?
Basels are the tokens powering our art investment fund built on Stellar blockchain. Choose the artworks that we acquire with your tokens.
- Basel tokens live in a liquidity pool on Stellar blockchain.
- You swap Lumens (XLM) for Basels, increasing the value of Basels.
- Basels holders get the right to vote on the future acquired artworks.
- With the XLM obtained in the placements the custodian pays for the artworks, which the custodian safely store.
- After the artworks have been sold (time horizon of 3 years+) the profits are used to acquire Basels from the liquidity pool, increasing directly the value of Basels.
The main edge comes from the filter of the qualified Art3Labs team and the final decisions of all voters, bringing the open market knowledge
About us and our name
Basel
It is a famous city located in Switzerland, long time related to the art world. There started and it is yearly celebrated the renown fair "Art Basel" which is also the name of the one celebrated in Miami.DAO
Decentralized Autonomous Organization, it is a blockchain-based form of organization where the decisions are goberned by its token holders. Our fund is based in democratic values that ensures all acquired artworks have been chosen by the community.The 1967 Picasso Referendum
There was a voting in Basel to acquire a Picasso with successful result, the 1967 Basel Picasso Referendum, when an owner of a foundation was obligated to sell a painting after 20 years exhibited in the Kunstmuseum Basel. The citizens decided to buy it for 8.4 million Swiss Francs (CHF).
About us
We were first created by the Art3Labs company based in Switzerland with collaborators in Germany and Czech Republic and we were brought to the Stellar community, looking forward to the self management of the project by its members.Now everyone is invited to participate in development and community support.
The custodians of the acquired artworks, physical or digital, will be the Art3Labs team, the location and conditions of storage will be shared by them.
Still have questions? Send us an email at contact@jfbranch.com