6 years ago

Verisart Raises $2.5 Million to Expand Art and Collectibles Certification Platform

  • Verisart, a pioneer in using blockchain to certify art and collectibles, has raised $2.5 million in seed funding led by Galaxy Digital EOS VC Fund

  • The funding will be used to scale Verisart's business and expand its partnerships in the art world

  • Verisart is working with some of the world's best-known artists, including Ai Weiwei and Shepard Fairey, to certify their works of art

  • The company is also the first blockchain certification provider on Shopify to offer digital certification for limited editions, artworks and collectibles.

      • ProblemTechnology

      "There's a lack of trust and transparency in the art and collectibles market, making it difficult to verify the authenticity and provenance of works. This can lead to fraud, disputes, and difficulty in establishing value."

      Solution

      "Verisart uses blockchain technology to create a secure and transparent system for certifying the authenticity and provenance of art and collectibles. This makes it easier to track ownership, verify authenticity, and establish value, creating a more trustworthy and efficient market for artists, galleries, and collectors."

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