ArtChain Global
ArtChain Global
Token: ACG


Revolution in Registration, Tracking, Protection

ICO dates
Start date:
End date: 2018-06-19

Registrated in: Australia

Platform: Ethereum
Type: ERC20

PREMIUM ICO

ArtChain Global categories
Art
ArtChain Global whitepaper
ArtChain Global token sale
KYC passing required Yes | Whitelist Yes | Restriction for countries USA
Token distribution in ICO
35%
35%
ArtChain Global news, social
ArtChain Global search trends in Google
Random whitepaper excerpts

ArtChain Global White Paper
The recipient of this White Paper acknowledges and agrees that the distribution of this
White Paper and the offering of ACG Coins may be restricted in certain jurisdictions.
No recipient in any jurisdiction may treat it as constituting an invitation or offer to them to
apply unless, in the relevant jurisdiction, such an invitation or offer could lawfully be made
to that recipient in compliance with applicable law.
Recipients of this White Paper must obtain all necessary regulatory approvals before
making an application for ACG Coins.
2
...

ArtChain Global White Paper
Table of Contents
1.
B
ACKGROUND
O
VERVIEW
4
1.1. B
LOCKCHAIN
T
ECHNOLOGY
4
1.2. C
RYPTOCURRENCIES
5
1.3. B
ACKGROUND
O
VERVIEW OF THE
A
RT
I
NDUSTRY AND
M
ARKET
6
2.
A
BOUT
A
RT
C
HAIN
G
LOBAL
7
3.
E
CONOMIC
M
ODEL
9
3.1. U
SAGE AND
V
ALUE
B
ASIS OF
ACG
9
3.2. I
NCENTIVE
M
ECHANISM FOR
E
COSYSTEM
10
3.3. A
LLOCATION AND
D
ISTRIBUTION
10
3.4. I
MPORTANT
I
NFORMATION
12
4.
B
USINESS
M
ODEL
12
4.1. O
VERALL
B
USINESS
M
ODEL
F
RAMEWORK
13
4.2. A
RT

ArtChain Global White Paper
1. Background Overview
1.1.
Blockchain Technology
Blockchain is currently one of the most revolutionary emerging technologies in the field of information
technology, which connects data (blocks) in chronological order to form a chronologically traceable and
inalterable record of transactions by maintaining a shared ledger on multiple nodes in a network.
The core value of blockchain technology lies in the establishment of a secure and inalterable distributed
ledger system. Based on the technical assurance of cryptography, distributed consensus protocol, peer-to-
peer network communication, smart contracts and other technologies, it allows multiple participants to use
the blockchain ledger system as a basis for trust for multiple-party transactions, which eliminates the need
for any additional trusted third parties and allows for low-cost and low-delay information exchange and
transaction processing as well as efficient circulation of digital value.
Figure1-1: Bloc...

ArtChain Global White Paper
1.2.
Cryptocurrencies
The 1990s witnessed the rise of the Internet. The internet’s main focus was on the transfer of “information”,
it has promoted dramatic social progress and rapid economic development, supporting a range of new
industries and markets worth trillions of dollars. Blockchain technology, on the other hand, creates a
commercial circulation network for the transfer of “value” and the support of the circulation of a number of
digital assets including cryptocurrencies. In view of the trends of human and economic development, the
specific forms of currencies have been evolving and are more and more focused on the circulation of value.
With the positive approach to digital currencies by currency issuers of mainstream developed countries,
digital currencies are becoming the trend that is shaping the future.
Cryptocurrencies, with Bitcoin and Ethereum as their representative examples, have been growing strongly
over the past few years and have come to ...

ArtChain Global White Paper
1.3.
Background Overview of the Art Industry and Market
It is estimated that the global art market is worth over USD $1 trillion. In 2016, total sales in the global art
market reached approximately USD $60 billion as quoted by Art Economics. The global value of art
exchanged at auctions has remained stable at around USD$14 billion per year. Art auctions however, are
only one of the many links in the whole supply chain of the art market, which extends to include private art
trade, collection and storage, promotion, finance, and charity. The global art market has historically been
dominated by Europe and North America; however, recent trends show China to be an increasingly
significant player.
Global internet access has provided an opportunity for artists to gain greater exposure for their works and the
universe of artist appears to be rapidly expanding. In recent decades, large corporations and financial
institutions have become major collectors of art; and, their profes...

ArtChain Global White Paper
collection of art continues to be seen as a valuable investment and is attracting extensive interest and
participation on a global scale.
By taking advantage of blockchain technology, ArtChain Global provides practical solutions to a number of
issues in the current art market. It creates a sound and sustainable ecosystem and provides a decentralized
secure database, which will have revolutionary implications on the art market as a whole.
2.About ArtChain Global
ArtChain Global is being created by a leading blockchain technology team and successful venture capital
entrepreneurs in a joint effort with senior analysts and in with collaboration with the art industry. The aim is
to provide solutions to a number of inherent and emerging issues in the art industry and to promote the sound
and efficient growth of the art and culture industry as a whole by taking advantage of the technology and its
application. ArtChain Global endeavours to build an autonomous blockchain underlying arch...

ArtChain Global White Paper

Huge price differences for the works of talented artists before and after death.

Lack of recognition, public attention and care for a large number of artists. A large number of potentially
great works have been ignored or buried away by the market as many artists can’t afford to show their
works or receive appropriate valuation for their works before they come to fame.
The development of ArtChain Global is expected to provide a total solution to these issues by creating a new
ecosystem for art and bring the art industry into a new era. ArtChain Global consists of the underlying
architecture of blockchain to support a business system centred around art assets trading platforms.
ArtChain Global’s “Blockchain Works of Art Registration and Asset Management Platform” records works
of art, trading and circulation. It provides the basis for the trading of art and a trustworthy distributed ledger
by taking advantage of traceable and inalterable features of bloc...

ArtChain Global White Paper
3.Economic Model
ArtChain Global will issue a total of 3.5 billion pieces of ACG tokens to meet the requirements for the
proper network operation and business application. ArtChain Global will issue 2.1 billion pieces, or 60% of
the total number of tokens, in a one-off allocation at the time when the genesis block is created. The
remaining 1.4 billion pieces, or 40% of the total number of ACG tokens, shall be created as ecosystem
incentives and allocated to participants (i.e., developers, ledger nodes, organizations at the primary and
secondary art markets, artists, collectors, etc) who have contributed to the ecosystem of ArtChain Global in
accordance with certain rules.
3.1.
Usage and Value Basis of ACG
As the native digital currency of ArtChain Global, as the more people that use the platform the greater the
likelihood the value of ACG will increase ACG can be used as the medium of value in circulation and the
right to use ArtChain Global as an ecosystem. This...

ArtChain Global Roadmap

1
November, 2017
ARTCHAIN GLOBAL TEAM FORMULATION.
2
December 2017
ARTCHAIN GLOBAL
MISSION, PERSPECTIVE,
ARCHITECTURE PLANNING.
3
January 2018
WHITEPAPER COMPLETION.
4
April 2018

PRE-SALE, ICO.
5
May 2018
ACG LIVE ON MAINSTREAM EXCHANGE PLATFORMS.
6
August 2018
SOURCE CODE PUBLISHED.
7
September 2018
ARTCHAIN GLOBAL
BLOCKCHAIN PLATFORM
OPEN TO OUTSIDE DEVELOPERS
8
October 2018
ART ASSETS TRADE PLATFORM.
BETA-VERSION RELEASE INTELLIGENT.
HARDWARE APPLICATION.
TESTING ON ARTCHAIN.
9
November 2018
TRADE PLATFORM OFFLINE.
VERSION LAUNCH.
10
December 2018
FURTHER DEVELOPMENT.
AND PARTNERSHIPS WITH.
AUCTION HOUSES AND GALLERIES.

KAY SPRAGUE
KAY SPRAGUE CHIEF EXECUTIVE OFFICER

CAMERON MACQUEEN
CAMERON MACQUEEN CHIEF OPERATING OFFICER

GREG ADAMSON
GREG ADAMSON CHIEF RISK OFFICER

SHARON ORBELL
SHARON ORBELL CHIEF COMMUNICATION OFFICER

MURRAY MCLEAN AO
MURRAY MCLEAN AO SENIOR ADVISOR

YANG XIANG
Advisors YANG XIANG Advisor

ROHAN PENMAN
Advisors ROHAN PENMAN Advisor

JAMIE JOHNSON
Advisors JAMIE JOHNSON Advisor

MAURO MOSCATELLI
Advisors MAURO MOSCATELLI Advisor

KEITH FRANCIS
Advisors KEITH FRANCIS Advisor

KT LEE
Advisors KT LEE Advisor

Jamie Johnson
Jamie Johnson
Financial Advisor