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Introduction

Nova is excited to support the launch of $xART, the Fjord Sale of $ART, the core token of LiveArt — an innovative multi chain ecosystem at the intersection of real-world assets (RWAs) and ArtFi. Backed by a distinguished group of Tier-1 investors, including Binance, OKX, KuCoin, and Animoca Brands, LiveArt is helmed by an experienced team with a track record of successful IPOs on the NYSE and high-profile Web2 exits to Christie's and Sotheby's.

With over 13 million unique wallets, 1 million+ weekly active users, and $43 million in art and luxury sales, LiveArt has established itself as a leader in the digital and physical art markets.

This research delves into LiveArt’s proposed solutions, exploring how its products address key barriers to adoption and their potential impact on blockchain applications within the art sector.

Mission and Vision

LiveArt is transforming the art world by merging traditional markets with blockchain technology, making art more accessible and liquid than ever before. Historically, art has been a $2 trillion asset class reserved for the elite, with high costs and limited access deterring broader participation. LiveArt addresses these challenges by introducing tools and solutions that open new opportunities for collectors and investors.

At the core of LiveArt is a world-class art price database, offering real-time insights into over 10 million sales records from 350,000 artists. This resource empowers users to explore historical trends, analyze the market, and make informed decisions. Through the tokenization of real-world artworks, LiveArt makes it possible for individuals to invest in fractional shares of high-value pieces, reducing the barriers to entry and enhancing liquidity.

LiveArt also supports a thriving digital art ecosystem, collaborating with renowned artists to create blockchain-native projects, including NFTs and phygital art, such as Yue Minjun (a Top 10 Chinese Artist). These initiatives engage a growing global audience of art enthusiasts and Web3 users, fostering a seamless connection between traditional and digital art markets.