Artfi Price
(ARTFI)
Artfi Live Price Data
The live price of Artfi is $0.01479, with a total trading volume of $ 129,759 in the last 24 hours. The price of Artfi changed by -1.06% in the past day, and its USD value has decreased by -29.45% over the last week. With a circulating supply of 130,368,000 ARTFI, the market cap of Artfi is currently 1.94M USD, marking a --% increase today. Artfi currently ranks #-- in market cap.
How do you feel about Artfi today?
Note: This data is for reference only.Artfi(ARTFI) Profile
Website
Documentation
Explorer
Contract
- Sui Network 0x706fa7...79f
Audited By
- --
Code & Community
Investors
- --
- ATH
- $0.03966
- Price Change (1h)
- +0.06%
- Price Change (24h)
- -1.06%
- Price Change (7d)
- -29.45%
- Market Cap
- $1.94M
- 24h Volume
- $129,759
- Circulating Supply
- 130,368,000
- Max Supply
- 1B
About ARTFI
How can I buy Artfi (ARTFI)?
Buying ARTFI on KuCoin is fast and simple. Create an account, verify your identity, deposit funds, and start your trading. It's that simple! See How to Buy Artfi (ARTFI) for more information. What Is Artfi (ARTFI) Crypto?
Artfi (ARTFI) is a blockchain-based platform that democratizes fine art investment. It allows you to buy fractions of high-value artworks using NFTs, making art ownership accessible to everyone, even with as little as $100. Artfi uses the Polygon network to ensure fast and low-cost transactions.
The platform tokenizes artworks and sells fractional NFTs, enabling you to own and trade pieces of art easily. This method enhances liquidity in the art market and provides transparency through blockchain technology. Artfi also supports artists by providing royalties on sales.
Artfi's physical gallery in Dubai showcases these tokenized artworks, bridging the digital and physical art worlds.
How Does Artfi Work?
Artfi takes valuable artworks and converts them into digital tokens on the blockchain. Each artwork is divided into multiple fractions, represented by NFTs. You can buy these fractional NFTs, which represent a portion of the artwork. This allows you to invest in high-end art with a small amount of money, sometimes as low as $100.
Once you own a fractional NFT, you can trade it on Artfi's marketplace or other platforms. You can also stake your NFT to earn a portion of the royalties from secondary market sales. Artists and original NFT holders receive royalties whenever the artwork is resold in the secondary market. This ensures continuous income for the creators.
The physical artworks are stored and displayed in Artfi's gallery in Dubai, linking the digital NFTs to real-world assets. This enhances transparency and trust. Artfi uses AI to provide personalized recommendations and market insights, helping you make informed investment decisions.
History of Artfi (ARTFI) Coin
Artfi was founded by Asif Kamal in 2021. Kamal is an art connoisseur and businessman based in Dubai. He founded Artfi to democratize access to high-value art through blockchain technology.
The platform launched its Genesis Offering Pass (GOP) in March 2024, enabling global participation in art ownership.
How to Use ARTFI Token
The $ARFTI token is used for multiple purposes within the Artfi ecosystem:
- Marketplace Transactions: You use ARTFI tokens to buy and sell fractional NFTs of high-value artworks on the Artfi platform. This makes it the primary currency for transactions within the marketplace.
- Staking and Rewards: You can stake ARTFI tokens to secure the network and earn additional tokens as rewards. This incentivizes holding and supporting the network.
- Revenue Sharing: Artfi uses a portion of its revenue from commissions on artwork sales to buy back and burn ARTFI tokens. This reduces the token supply over time, potentially increasing its value. The more the platform grows and generates revenue, the more tokens are burned, benefiting token holders.
- Store of Value: Due to the deflationary mechanism, ARTFI tokens are designed to appreciate in value as the supply decreases and demand potentially increases with the platform's success.
- Trade ARTFI on KuCoin: Trade Artfi token on the KuCoin Spot Market after you DYOR to make the most of changing market conditions and volatility. Buy or sell $ARFTI or HODL based on your investment goals and risk tolerance.
What Is Artfi Tokenomics?
The total supply of ARTFI tokens is capped at 1 billion. Artfi generates revenue through commissions on consignments and sales of artworks. A portion of these revenues is shared with ARTFI token holders, providing an incentive to hold and support the network.
Artfi uses 30% of its revenue from commissions to buy back and burn ARTFI tokens. This reduces the overall supply of tokens, potentially increasing the value of the remaining tokens.
Artfi (ARTFI) Price Movements ($)
Period | Change | Change (%) |
---|---|---|
Today | $-0.00016 | -1.07% |
7 Days | $-0.00618 | -29.46% |
30 Days | $-0.00038 | -2.50% |
3 Months | $0.00255 | 20.92% |
24H Investment Barometer
- Buy
- The Investment Barometer represents the current sentiment of the majority of KuCoin users. It is based on multiple indicators, and can be used as an aspect to take into consideration when planning investments.
Artfi Conversion Rate
FAQ
How much is 1 Artfi (ARTFI) worth?
KuCoin provides real-time USD price updates for Artfi (ARTFI). Artfi price is affected by supply and demand, as well as market sentiment. Use the KuCoin Calculator to obtain real-time ARTFI to USD exchange rates. Is Artfi (ARTFI) a Good Investment?
By leveraging blockchain technology, Artfi provides transparency, security, and a fair compensation model for artists and investors alike. This innovative approach makes art investment more inclusive and potentially lucrative.
- Democratized Art Ownership: Artfi allows you to invest in high-value artworks through fractional NFTs, making art investment accessible to everyone, even with a small amount of money.
- High Liquidity: You can easily trade fractional NFTs on Artfi's marketplace, ensuring that you can buy or sell your art investments quickly and efficiently.
- Revenue Sharing: By holding and staking ARTFI tokens, you can earn a portion of the revenues generated from art sales and commissions, providing an ongoing income stream.
- Deflationary Mechanism: Artfi burns a portion of its revenues to buy back and destroy ARTFI tokens, reducing supply and potentially increasing the value of the remaining tokens.
- Access to Exclusive Art: Artfi gives you access to high-end, blue-chip artworks, which were previously available only to wealthy collectors.
- Portfolio Diversification: Investing in art through Artfi allows you to diversify your investment portfolio with an asset class that often has a low correlation with traditional markets.
What Is Artfi Price Prediction?
These factors collectively contribute to the $ARTFI price prediction:
- Arfti’s Revenue Generation: Artfi earns revenue from commissions on consigned artworks and sales of fractional NFTs. Higher revenues can lead to increased token value due to the platform's buy-back and burn mechanism, which reduces token supply and increases scarcity.
- $ARFTI Token Supply: Artfi has a fixed supply of 1 billion tokens. The token burn mechanism, which uses 30% of revenues to buy back and burn tokens, decreases the supply over time, potentially increasing the value of the remaining tokens.
- Arfti NFT Marketplace Activity: The level of activity on Artfi's marketplace, including buying, selling, and staking of fractional NFTs, directly impacts token demand. More transactions can drive higher token usage and value.
- Art Market Performance: The overall performance of the fine art market, particularly the value appreciation of high-end artworks listed on Artfi, influences the token price. Successful sales and higher valuations of consigned artworks can positively affect the token's value.
- Staking Rewards: The ability to earn rewards by staking ARTFI tokens incentivizes holding, which can reduce circulating supply and support price stability and growth.
- Liquidity: Artfi's marketplace ensures high liquidity for fractional NFTs, making it easier to buy and sell tokens. Enhanced liquidity can attract more investors, influencing token demand and price.
How to Earn on Artfi
You can earn on Artfi (ARTFI) in several ways:
- Buying and Selling Fractional NFTs: Purchase fractional NFTs of high-value artworks and sell them on Artfi's marketplace. These fractional NFTs represent ownership of blue-chip art pieces and can appreciate in value over time.
- Staking ARTFI Tokens: Stake your ARTFI tokens to secure the network and earn additional tokens as rewards. This provides a passive income stream.
- Earning Royalties: If you own fractional NFTs, you can earn a portion of the royalties from the sales of these artworks in the secondary market. This ensures you benefit from ongoing transactions involving your NFTs.
- Revenue Sharing: Artfi allocates a portion of its revenues to buy back and burn ARTFI tokens, reducing the supply and potentially increasing the value of the tokens you hold. As the platform generates more revenue, this deflationary mechanism can enhance the value of your holdings.
- Trading Fees: Earn a share of the trading fees generated by the Artfi marketplace. These fees are distributed among ARTFI token holders, providing another source of income.
What is the all-time high price of Artfi (ARTFI)?
The all-time high price of Artfi (ARTFI) is $0.03968. The current price of ARTFI is down 62.71% from its all-time high.
What is the all-time low price of Artfi (ARTFI)?
The all-time low price of Artfi (ARTFI) is $0.00812. The current price of ARTFI is up 82.09% from its all-time low.
How much Artfi (ARTFI) is there in circulation?
As of 12 22, 2024, there is currently 130,368,000 ARTFI in circulation. ARTFI has a maximum supply of 1B.
What is the market cap of Artfi (ARTFI)?
The current market cap of ARTFI is $1.94M. It is calculated by multiplying the current supply of ARTFI by its real-time market price of $1.94M.
How do I store Artfi (ARTFI)?
You can securely store your Artfi in the custodial wallet on the KuCoin exchange without having to worry about managing your private keys. Other ways to store your ARTFI include using a self-custody wallet (on a web browser, mobile device, or desktop/laptop computer), a hardware wallet, a third-party crypto custody service, or a paper wallet.
How do I convert Binance Chain Native Token (BNB) to cash?
You can instantly exchange your Binance Chain Native Token (BNB) for cash using KuCoin's Fast Trade feature. This feature enables you to convert BNB to your local fiat currency in just a few clicks. However, make sure to complete Identity Verification first to enjoy all the features you may need.