Artfi, an innovative platform at the intersection of finance and art technology, is gearing up to launch its token $ARTFI on Monday, June 17, 2024, at the Token Generation Event (TGE). Established by Dubai-based entrepreneurs Asif Kamal and Aly Raza Beig, Artfi is designed to bridge the gap between artists and investors, facilitating the trading of high-quality artworks. By integrating Raza Beig’s extensive experience in the retail sector and deep knowledge of the art world with the transformative power of blockchain technology, Artfi not only enables the acquisition and exchange of artworks as non-fungible tokens (NFTs) but also ensures the seamless distribution of royalties from each sale to artists and investors.
Partnerships and Celebrity Endorsements
Over the past two years, Artfi has established partnerships with several renowned artists and celebrities, including Sacha Jafri and Salman Khan, a highly acclaimed Bollywood actor. Through these collaborations, the platform aims to fractionalize art, making high-quality pieces accessible to a broader audience.
Raza Beig, an investor and advisor for Artfi, expressed his enthusiasm about the upcoming launch, emphasizing the collective vision coming to fruition with the platform’s exchange listing. He highlighted that for centuries, the lucrative art industry remained largely inaccessible to most people. Artfi, for the first time in art history, is breaking down these barriers and democratizing the art business. He expressed a strong belief in Artfi’s potential to revolutionize interactions with art, stating that the platform is not merely facilitating sales but creating a new experience in the art space. Beig, who has a profound passion for art, finds witnessing the evolution of the art industry through Artfi incredibly exciting.
Dubai: A Hub for Innovation
Raza Beig’s transition from retail to the art renaissance underscores his visionary approach and underscores Dubai’s role as a nexus for innovation. He noted that Dubai has consistently been at the forefront of merging tradition with modernity, and Artfi embodies this spirit. He takes pride in being part of this groundbreaking initiative.
As the launch of Artfi’s TGE on June 17, 2024, approaches, Raza Beig anticipates the significant impact the platform will have on the art market.