August 18, 2022

The launch of the Uncommon Antiquities Token NFT fractionalization market featured an epic fail at Aura Skypool Dubai final month.

What promised to be an incredible PR stunt failed when the founding father of the Uncommon Antiquities Token, Ryan Howells poured liquid nitrogen on a chunk of artwork value $40K.

Earlier than the occasion, the piece of artwork by artist Brigitte Nataf was commissioned and was digital artwork, earlier than being fractionalized into 212 equal NFT fractions.

Every NFT was then used because the company’ entry to the unique launch occasion on the sought-after venue with the world’s highest 360° infinity pool suspended 200 meters over Dubai.

Every NFT fraction may then be listed on the Uncommon Antiquities Token NFT Market becoming a member of different collections resembling a fractionalized Banksy at ratbits.com and might be purchased utilizing Ethereum or the native token of the platform, The Uncommon Antiquities Token.

What’s the Uncommon Antiquities Token?

The Uncommon Antiquities Token bridges the hole between real-world artwork and digital artwork, making the artwork accessible wherever you’re on the planet by means of NFTs.

The digital artwork is then made additional accessible to customers by means of fractionalization permitting anybody to personal a chunk of a Picasso while not having to be a millionaire. 

Fractionalization of artwork 

By creating partnerships with the highest museums and galleries on the planet, The Uncommon Antiquities Token provides customers the prospect to personal a fraction of a well-known piece of artwork with out paying hundreds of thousands to take action.

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In February 2022 the Uncommon Antiquities Token fractionalized a Banksy (I Fought The Legislation, 2004) into 664 distinctive fractions and distributed the NFT fractions to all 664 holders of the token from the alternate.

The most important fractions went to these with the biggest funding within the token, all the way in which all the way down to the smallest buyers who obtained smaller factions, and in some instances what would seem like a number of pixels for an NFT.

The Uncommon Antiquities Token NFT Market launched initially of March 2022 with the primary assortment that includes 664 fractions from the fractionalized Banksy (I Fought The Legislation, 2003).

Customers can construct up their portfolio of fractions from a single assortment after which set off a compelled buyout for remaining fraction homeowners when a single person owns over 50% of a set. 

Museums, galleries, and personal collectors

The platform offers a novel incentive for museums, galleries, and personal collectors to submit their artwork to be bridged to the digital world.

The bodily homeowners take a fee on all preliminary gross sales on the ratbits.com market and a fee on secondary gross sales, all whereas conserving possession of the bodily merchandise.

The Uncommon Antiquities has already partnered with a few of the prime museums, galleries and personal collectors on the planet seeing the likes of Picassos, Emeralds, Diamonds and extra being was digital artwork and fractionalized seeing digital artwork and antiquities value billions being bought on the platform all through 2022.

“Is {that a} fail?!” – @VitalyTheGoat supply @themooncarl

The official launch occasion of The Uncommon Antiquities Token NFT Market noticed the founder pouring liquid nitrogen over the bodily piece of artwork valued at $40K.

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The thought labored in principle, it will break to items and the one model of the artwork to stay can be the digital model that each one attendees had obtained an NFT fraction for.

Sadly for the CEO and founder the circumstances of an out of doors setting 50 flooring within the sky labored towards them and the liquid nitrogen did certainly fail.

Additional embarrassment was saved considerably as an “within the pool” shout from the viewers was a lifeline which animated the company in attendance that includes influencers and the largest names in blockchain to approve the act.

The infinity pool was the ultimate vacation spot for the piece of artwork met with a grand applause and cheer.
If The Uncommon Antiquities Token wished to make a reputation for themselves, they absolutely managed to realize it at their launch occasion. 

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