Artfi Token

The Artfi token will be used for NFT marketplace payments, to reward stakers, and as a deflationary store of value asset designed to appreciate as the company grows and uses its revenues to burn the fixed supply. Artfi’s profitable consignment-based business model is structured to accrue value to the Artfi token.

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Tagline

The Token Economy

The Artfi token ($ARTFI) is a revenue sharing utility token. It is an ERC-20 token native to the Ethereum blockchain.

Mechanism

Buy Back & Burn

Artfi will allocate 30% of its revenues from commission fees earned on consignments and artwork sales to the token burning program.

The burning of tokens is the best way for Artfi to distribute its revenues amongst token holders and encourage early entry into the token. By decreasing the number of Artfi tokens in circulation, every token holder’s percentage of the overall supply will increase.

As the company grows and takes in higher revenue totals each year, the amount of Artfi tokens bought on the open market and burned will increase. This revenue distribution model based on the burning of tokens from a fixed supply could create an exponential price appreciation trajectory.

Vision & Utility

The Artfi token will be used for NFT marketplace payments, to reward stakers, and as a deflationary store of value asset designed to appreciate as the company grows and uses its revenues to burn the fixed supply. Artfi’s profitable consignment-based business model is structured to accrue value to the Artfi token.