02. Founder's story

The concept of art as a valuable asset has been around for centuries, with marketplaces and auction houses like Sotheby's being in existence for over 275 years. Throughout history, art has always held significant cultural significance and has been appreciated for its aesthetic qualities. This universal appreciation and desire for art have made it a highly sought-after commodity around the world.

One of the main reasons for the high value placed on art is its potential for financial gain. It is widely known that owning valuable pieces of art can be financially beneficial, especially for those at the top end of the market. However, this idea of art as an investment has largely been supported anecdotally by the ultra-wealthy. The lack of research and accessibility to the art market has prevented the majority of investors from becoming involved.

For galleries, it can be a struggle to accurately determine which works are truly worth their price. They also face the challenge of finding new potential buyers, which can be a time-consuming process. Similarly, collectors often find it challenging to prove to other collectors and galleries that they are serious about their collections and have the purchasing power to back them up.

Furthermore, museums lack a standardized method for showcasing the value and significance of their collections to the world. This decentralized approach to evaluating art collections among participants in the art world has created a need for a solution.

This is where Blockchain technology and AI come into play. With the development of these technologies, Krayon aims to address the challenges faced by the art market. By providing a platform for both beginner and advanced art creators and investors, Krayon allows them to see and add their own perceived value to the artworks they own. This not only gives the public an idea of the potential monetary value of these pieces but also creates a more transparent and accessible market for all participants. Through this, Krayon hopes to revolutionize the way art is valued and traded, making it more inclusive and efficient for everyone involved.

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