Unlocking the Art Market with Kanvas.AI: Transforming the Way We Invest in Art
Recently, we had the opportunity to pitch our innovative art startup, Kanvas.AI, on the popular podcast, PitchME, hosted by FoundME. In this captivating interview, Astrid Laupmaa, the visionary and founder behind Kanvas.AI, shared insights into our fractional model, how we outperform the competition, and the fascinating dynamics of the art market. Join us as we delve into the key takeaways from this enlightening conversation.
The Fractional Model: Revolutionizing Art Investment
Astrid Laupmaa introduced the concept of the fractional model, highlighting the similarities to market leader Masterworks. With traditional art purchases being expensive and sometimes financially constraining, Kanvas.AI will start offering a solution that allows investors to buy fractions of artwork. By allocating smaller amounts of money across multiple pieces, investors can minimize risks while retaining the opportunity to trade these assets on a secondary market. In essence, Kanvas.AI will start operating similarly to the stock market, offering accessibility and liquidity to art enthusiasts.According to Masterworks, the contemporary art market delivered an average annual return of 14.1% over the past 26 years, with the Masterworks Annual Growth of Record Price being an impressive 66%. This statistic underscores the potential of art as an investment asset class. Furthermore, data from our Kanvas.ai Art Index reveals intriguing trends in Estonia's art market. Hous Gallery, the leading auction gallery in the country, has demonstrated remarkable growth over the past decade. With an average annual growth rate of 46.23%, Hous Gallery continues to showcase its influence and success within the industry.
Notably, three artists represented by Hous Gallery have exhibited exceptional growth rates. Eduard Wiiralt boasts a yearly growth rate of 73.4%, Konrad Mägi exhibits a growth rate of 75.7%, and Richard Uutmaa achieves a growth volume of 74.6%. These figures highlight the potential for significant returns by investing in carefully selected artists.By embracing the fractional model and leveraging the insights from the Kanvas.ai Art Index, art investors can explore new opportunities, mitigate risks, and actively participate in the dynamic art market. The Kanvas.ai Art Index serves as a powerful tool, collecting comprehensive data from art sales to provide invaluable insights to investors as they navigate the art market and make informed investment decisions. With Kanvas.AI's innovative approach, the world of art investment is undergoing a revolution that promises to unlock a world of possibilities for both investors and art enthusiasts alike.
Advantages Over the Competition
Kanvas.AI distinguishes itself from competitors by leveraging its robust team and unique tools. With founders boasting investment backgrounds and Astrid's deep understanding of art, our team brings a comprehensive perspective to the table. Furthermore, Kanvas.AI utilizes cutting-edge technology, including our proprietary art index, to visualize and analyze performance data on the art market. This empowers investors with valuable insights into how different assets have been performing, enhancing decision-making capabilities. Moreover, the integration of blockchain technology offers an additional edge. Blockchain's transparency, immutability, and ease of trade enable secure transactions while automating authorship fees, streamlining the process for all stakeholders.
Embracing the Future: Mitigating Risks and Challenges
When asked about the biggest risks facing Kanvas.AI, Astrid emphasized that giving up was never an option. While acknowledging the uncertainties inherent in the art market, such as unpredictable shifts in artwork values, Kanvas.AI remains committed to adapting and mitigating risks. The team's resilience and flexibility ensure that even in the face of challenges, the vision and progress of Kanvas.AI will persevere.
Art as a Resilient and Lucrative Investment
Contrary to conventional beliefs, Astrid highlighted how the art market thrives during times of economic downturns and uncertainties. History has shown that during crises and wars, people seek alternative investment opportunities, often turning to art. Notably, even during the current downturn, art sales have soared, setting new records. As an evergreen industry, art serves as a safe haven for investors, enabling emotional and value-driven purchases. Kanvas.AI's goal is to make art investment more accessible and global, revolutionizing how people engage with the art market.
The PitchME podcast interview shed light on the transformative potential of Kanvas.AI in the art investment landscape. By introducing the fractional model and leveraging technology, Kanvas.AI opens doors for a wider audience of art enthusiasts, lowering risks while providing liquidity. With a strong team, unique tools, and blockchain integration, Kanvas.AI is well-positioned to disrupt the industry. As art continues to serve as a safe haven for investors, Kanvas.AI is at the forefront of empowering individuals to participate in the global art market. The journey is just beginning, and Kanvas.AI is poised to redefine the way we appreciate, invest, and experience art.
Join us on our exciting journey to revolutionize the art investment landscape by supporting our campaign on Fundwise.
Our campaign aims to raise between 100k€ to 300k€, which will enable us to propel Kanvas.AI into its next development phase. Our primary focus is to implement fractional art investing, allowing individuals to enter the art market with as little as 10€, just like trading stocks. This democratization of art investment will unlock a world of opportunities for art enthusiasts and investors alike.
In addition to fractional investing, we have ambitious plans to expand into new markets and complete the European Art Index. By providing comprehensive and actionable data on art performance, we empower investors to make informed decisions and navigate the art market with confidence.
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