The crowdsale

The crowdsale

The purpose of fundraising is to finance all-or-part of the infrastructure and services described in the White Paper, that Artis Aes intends to offer to its users and the market.

The larger the amount collected, the greater the possibility for Artis Aes to be a leader in its own market, in a totally open and borderless environment.

The project that is the basis of this crowdfunding campaign is ambitious, important and robust. The challenge is to put in place truly winning infrastructure and services

  • for widening the audience of users, enthusiasts and lovers of figurative art,
  • for financing emerging art,
  • for financing dissemination and meeting events,
  • for financing the restoration and income generation of valuable artworks,
  • for increasing security and the average level of authenticity of art,
  • for offering more effective, efficient and cost-effective payment methods.

The AES token is not a security, because it is not a core part of the Artis Aes’ intrinsic business value and it does not offer any success warranty.

The AES token is a means to be part of the realization of the above purposes, and also to be part, in the future, of the Artis Aes’ life, its services and all interested art.

The more successful this crowdfunding operation will be, the greater the value that the AES token will acquire, the greater the benefits that will be obtained by the participants in this campaign.

At the end of the period for each stage, the owners of AES tokens will be able to decide to convert them into value or acquire Artis Aes services, in which case he or she will once again demonstrate that believes and shares in the success of the business.

 

Considerable thought and a huge amount of time have been spent on finalising the economics of the Artis Aes’ Coin, which provides long-term stability and growth. The vision is to attract long-term investors through the coin sale.

The Artis Aes crowdsale and the corresponding token creation process has been issued by Artis Aes ltd, an UK Limited Liability Company, and is organized around smart contracts running on Ethereum. Participants willing to support the development of the Artis Aes Project can do so by sending Ether currency to the designated address. By doing so, they are purchasing Artis Aes Tokens (AES) starting from a rate of 100 AES per 1 ETH that will be sent to their wallet.

  • The accepted currency during the Coin Offerings is Ether.
  • The creation for the Pre-ICO will be capped (“Hard Cap”) upon sale of AES fixed on 2.000.000 AES. This amount is subject to change before the Token Creation event.
  • The Token Creation period will last the 31st of March 2019, if Hard Cap is not reached sooner.
  • The creation for the ICO will be capped (“Hard Cap”) upon sale of AES fixed on 10.000.000 AES. This amount is subject to change before the Token Creation event.
  • The Token Creation period will last 30 (thirty) days, if Hard Cap is not reached sooner.
  • The creation for the SCO will be capped (“Hard Cap”) upon sale of AES fixed on 40.000.000 AES. This amount is subject to change before the Token Creation event.
  • The Token Creation period will start the 1st of September 2019 and last 30 (thirty) days, if Hard Cap is not reached sooner.
  • Token Creation has a theoretical limit: upon achieving this cap, token creation will stop and no further contributions will be accepted. The limit is 100.000.000 (one hundred million) AES. The AES tokens not for sale in the CO are reserved by Artis Aes for other aims.
  • Tokens for sale that are not sold during the CO will be reserved by Artis Aes and will be used for other aims, as liquidity needs and token asset management.
  • The management of the unsold AES tokens could be the scope of new future smart contracts.

The Artis Aes’ team requires significant funding to develop, launch, and grow Artis Aes’ network and services. Artis Aes must develop all the software required: the referral network, user interfaces and apps, partner network, software for third-party wallets and exchanges to support the Artis Aes coin, integrations with other data storage software, tooling for web applications and blockchain software. Artis Aes must also expand the referral network to facilitate its growth to a larger scale. Artis Aes need to market its product, onboard candidates, referees and employers. Artis Aes also need to bring on key partners for its ecosystem.

In addition, Artis Aes must maintain the framework built and above all must create and manage opportunities for profitability by carrying out a series of interventions for the income-earning of artworks and artists of which Artis Aes will become a patron.

The crowdsale is divided into three phases. This is for the urgency to start the development process. NB. If the pre-ICO crowdsale campaign does not reach its above minimal capital goal, there will be a possible delay before to start the other CO phases.

PRE-ICO

Artis Aes understands the risk that early believers would be taking to participate in this sale. However, the initial phase of this sale would be rewarding for all participating investors & early believers. 

During pre-ICO only 2% of the total tokens will be issued to finalize the initial part of Artis Aes’ components on the Blockchain during the full CO and start the related actions. The pre-ICO will be used to re-phase the soft cap and the AES tokens during the following ICO and SCO.

The price of AES tokens during the Pre-ICO is 0.01 ETH per token.

The minimum purchase amount per investor is 20 AES.

ICO

Most of the proceeds from the earlier round would be invested into Artis Aes’ sales and marketing for its ICO. The amount targeted, will assure to Artis Aes that the project deliverables could be completed on time and that the Company has enough resources to support it.

The price of AES tokens during the ICO is 1/85 ETH per token.

The minimum purchase amount per investor is 10 AES.

SCO

This phase of the sale is important for two reasons. Firstly, any funds raised would speed up the development and expansion of Artis Aes’ ecosystem which would ensure that we stay well ahead of its competition. Secondly, it would enable to Artis Aes to reach out to the recruitment community to create a market buzz about its ecosystem.

The price of AES tokens during the SCO is 1/75 ETH per token.

The minimum purchase amount per investor is 10 AES.

 

The coin created and offered by Artis Aes is the AES token and is an Ethereum-based token of value. The token is a digital asset, bearing value by itself based on its underlying assets, properties and/or associated rights.

ERC20 standard was chosen to ensure the upmost compatibility to form, and quickly execute partnerships with both exchanges, and other companies down the road as this project continues to seek out ways to offer value added features to its users and the community as a whole. It has been designed with 18 decimal places to comply with the encouraged but not compulsatory standard for ERC20 tokens.

The AES token creation will be limited to 100 million token coins, this amount of coins reflects strategic calculations to support, first and foremost, the ideal scale of the trading platform where it performs optimally in respect to volume of managed assets. This ensures that the scale of managed capital will always remain within the optimal ratio relative to overall market cap to continue producing quoted returns to users. The number of tokens also included calculations to achieve the dispersal to what we consider an ideal sized user base, allowing for the coins to be traded at exchanges and kept in circulation with an initial value that would promote wide spread and adoption of the token. The low cost of entry along with the necessity of the coin to participate in the features of Artis Aes is intended to first drive large user base implementation while also maintaining initial and expanding demand for the token.

Ethereum-based tokens rely on a well-established Ethereum infrastructure, benefiting from several advantages:

  • Security and predictability (as opposed to, for example, having to run an independent blockchain network).
  • Use of robust and well-supported clients (Ethereum-based tokens can be managed with official Ethereum clients).
  • High liquidity (interchangeable with other Ethereum-based tokens or Ether), easier listing on exchanges with infrastructure already in place.

More detailed info about the ERC20 standard can be obtained from: https://eips.ethereum.org/EIPS/eip-20.

All coins allotted for the pre-ICO (initial coin offering), a total of 2 million, the ICO, a total of 10 million, and SCO (secondary coin offering), a total of 40 million, that are not sold during the coin offering actions, will be temporaly removed from the total available supply. 38% of the total supply will be owned by Artis Aes in the company wallet, which will be used for future project capital and liquidity and the bounty program (around 1% or less of the total supply and not more than 6% of the total sold). The remaining 10% of tokens will be in a separate vault wallet to act as reserves for paying the consultants and partners effort.

Following the completion and closing of each coin offering phase (ICO and SCO), there will be an audit activity. During this time, all purchases and balances of AES tokens in Artis Aes hosted wallets will be reconciled and checked for accuracy.

While users will be able to view their AES token balance in their Artis Aes hosted wallet shortly after ICO and SCO until the completion of the above-mentioned audit period. The next step will be the dispersion period. Dispersion of coin offering purchased AES tokens works as follows; the Artis Aes hosted wallets will go live for use by the wallet owner at the start of this phase. Once the wallets are live, Artis Aes will accept the exchange of the AES tokens after the SCO and the users will be able to leave the AES tokens in their wallet or exchanged. As exchanges begin to accept AES tokens all users will be notified.

 

The users can earn Artis Aes tokens (AES) by joining its bounty program. Please note that all Artis Aes tokens earned throughout the bounty program will be available to withdraw after the Coin Offerings period ends. 

After each assignment the will user complete, he or she will need to create an application inserting it by the form that Artis Aes will provide. We will only consider submissions that submitted application towards bounty rewards.

The user must be aware that only one account can be registered per email/telegram address. Once the user will join, he or she will have the option to view his or her current Artis Aes’ bounty list in his or her personal area into the CO website.

The rewards will be given:

  1. By registering in the Artis Aes’ Coin Offerings website (https://aes.artisaes.it), to the first 1000 (one thousand) members, Artis Aes will give 2 AES tokens. 
  2. (Linkedin®) The user shares an Artis Aes’ Linkedin company page post in public and let his or her Linkedin connections know about it. The posts the user shares need to be on his or her wall till the end of the Artis Aes’ Coin Offerings period, then Artis Aes will reward him or her with 5 AES tokens in his or her account. This is only valid for the first 1000 users mentioned above. Requirements are that: he or she chooses any post he or she likes from Artis Aes’ company page posts. The shared posts need to be public, so Artis Aes can check the results. This is only applicable to Linkedin users who have more than 200 connections. He or she should attach his or her thoughts to the shared Artis Aes’ post. The posts need to stay on his or her wall till the end of the Artis Aes’ Coin Offerings period.
  3. (Facebook®) If the user clicks the "Like" button on the Artis Aes’ Facebook page https://facebook.com/artisaes and shares one of this page posts, so he or she will earn 3 AES. This will be giving out to the first 1000 users mentioned above. The Artis Aes’ Facebook page will be used to announce Artis Aes’ related news. Requirements are that: he or she chooses any post he or she likes from Artis Aes’ Facebook page posts. The shared posts need to be public, so Artis Aes can check the results. This is only applicable to Facebook users who have more than 200 connections. He or she should attach his or her thoughts to the shared Artis Aes’ post. The posts need to stay on his or her page till the end of the Artis Aes’ Coin Offerings period.
  4. (Twitter) The user follows and retweets a Tweet from the Artis Aes’ Twitter account https://twitter.com/artisaes and gets 3 AES. This will be giving out to the first 1000 users mentioned above. He or she needs to follow Artis Aes’ Twitter account till the end of the Artis Aes’ Coin Offerings period. He or she needs to have more than 60 followers. Retweet must be appropriate and positive about Artis Aes.  The retweet bounty will be rewarded when the Artis Aes’ Coin Offerings period is over.
  5. (Telegram®) Every 50 (one hundred) posts into the Artis Aes’ Telegram channel, Artis Aes will be giving 5 AES tokens. The posts need to be original, different among them, coming from the user’s thoughts and more than 100 characters long.
  6. (Medium®) The first 1000 followers mentioned above, that will follow the Artis Aes’ Medium blog (https://medium.com/@ArtisAes) too, will earn 2 AES. Artis Aes will post product updates and related articles on Medium. 
  7. (Bugs) In order to make the website more useful, Artis Aes tries to engage its community to find bugs on its Coin Offerings site (https://aes.artisaes.it) by giving AES tokens. Bugs already found by others, will not be considered. In this way the web application will be more reliable, and the developers will have a chance to fix bugs that could not be seen before. The rewards will be: 50 AES for a high priority bug, 25 AES for a medium priority one, 10 AES for a low priority one.

The user must be sure to submit every application to claim every bounty reward in the Coin Offerings website (https://aes.artisaes.it).

In any case, in order to protect as much as possible the purchasers of AES tokens, the budget for the bounty program can not exceed 6% of the total AES sold.

 

The portal

ARTIS AES is the first portal that offers at the same time consulting, brokerage and buying and selling services in the art world.

Therefore we offer special services for identifying investment opportunities in the art world, with the aim of guaranteeing the right price for the artwork to buyers and sellers.

 

 

ARTIS AES LTD - 20-22 Wenlock Road N1 7GU - London - England - ©2018 - All Rights Reserved.

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