PARIS, Oct. 21, 2022 /PRNewswire/ — On 17 October 2022, Bruno Le Maire – Minister of Economy, Finance and Industrial and Digital Sovereignty – was interviewed by BFM Crypto on the subject of crypto-assets.
Artmarket.com fastidiously notes the declaration by the prime of the State of the financial potential of the crypto-asset ecosystem, and above all of wanting to make France “the European hub of the crypto-asset ecosystem”. Bruno Le Maire declares: “And we want France to be the European hub of the crypto-asset ecosystem.”
He additionally mentioned: “Today, France has some of the most innovative DASPs in the world and can draw on an exceptional concentration of crypto skills, whether scientific, IT, financial, legal or commercial.“
Artmarket.com is totally ready to contribute to making France a Leader in crypto-assets in Europe and additionally in the world, in the particular subject of Art NFTs, adopted by all historic gamers in the Art Market.
As World Leader in Art Market Information and a pioneer on the Internet since 1987 with Group Serveur, Artprice by Artmarket (twice designated an “innovative company” by BPI France) has all the benefits, technological know-how, and experience to give France a spot as an worldwide chief in the subject of crypto artwork.
Artmarket.com already has a everlasting data feed on day by day NFT information in 119 international locations, as the world’s main press company devoted to the Art Market, NFTs, and Metaverse:
https://www.prnewswire.com/news-releases/artmarketcom-artprice-and-cision-extend-their-alliance-to-119-countries-to-become-the-worlds-leading-press-agency-dedicated-to-the-art-market-nfts-and-the-metaverse-301431845.html
Artprice by Artmarket.com confirms that in the first half of 2022, the Art NFT phenomenon (Jeton Non Fongible in French) grew to become a sturdy section of the artwork market on all continents with acceleration in gross sales and volumes in the second half of 2022. This acceleration has been triggered primarily by a) the purge of cryptocurrencies and b) the introduction of rather more favorable laws in the USA. Meanwhile, Europe has launched a regulatory framework that supervises and controls the cryptocurrency surroundings, thereby giving higher confidence to shoppers, traders, and operators.
This regulation is the topic of research, colloquia, and proposals to main French and European authorities our bodies by the Art & Law Institute, the place Artprice by Artmarket has been closely concerned as a long-standing member since 1997.
thierry Ehrmann, founder of Artprice and CEO of Artmarket.com remarks: “in our various annual art market reports and our communications with investors, we have always included NFTs in our studies. And we have always said that one cannot understand this market with exponential growth without understanding the vital importance of Blockchains, cryptocurrencies, and their cultural origin within the Cypherpunk milieu (period of PGP-type data encryption in the early 1990s).“
Indeed, OpenSea USA, the main NFT platform, itself declares that 80% of the main points of Art NFTs are seemingly to impression the mental property rights of third events. Faced with this commentary, Opensea has introduced that it’s contemplating options to counter this scourge and defend sellers and patrons. There is just one viable answer to this downside: the certification of the main Art-NFT market by Artprice by way of its blockchain and its good contracts.
It is exactly in the main problem of Art NFTs that Artprice by Artmarket.com is the just one on the world market, making an allowance for all the underlying parameters and knowledge, to find a way to actually meet the certification of main points of Art NFTs.
This skill to certify main points of Art NFTs relies on the undeniable fact that Artprice by Artmarket.com is the World Leader in Art Market Information and creator for 25 years of its authoritative databases. These in flip include the largest documentary assortment in the world of notes, manuscripts, and catalogs of public sale gross sales since 1700, guaranteeing in return the authenticity and the historic proof of its databases.
Artprice by Artmarket.com goals to be the most profitable and extremely aggressive Art NFTs platform by way of its Metaverse, which is the final and inevitable consequence of the NFT revolution.
This Metaverse is the assurance of exponential and steady progress of the Art Market by NFTs. It might be accompanied by its Blockchain and its good contracts to permit honest remuneration for artists, with copyright societies resembling ADAGP, of which Artprice has lengthy been one of the principal contributors, underneath the authorized provisions of copy, for the help of artists.
The Minister of the Economy provides “In the immediate future, I am delighted with the transition from Ethereum to proof of stake, which consumes much less energy. “
This is in line with Artprice by Artmarket.com’s Blockchain, which can primarily use Ethereum for its good contracts, as introduced in its current press launch, following the transition from “Proof of Work” (PoW) to “Proof of Stake” of Ethereum 2.0 on September 15, 2022:
https://www.prnewswire.com/news-releases/artmarketcom-with-a-99-95-reduction-in-energy-consumption-the-merge-is-a-historic-and-ecological-success-for-ethereum-the-reference-cryptocurrency-for-artprice-and-for-the-art-nft-market-301625211.html
Indeed, Artmarket.com has been following very intently for the final 3 years the transition to “The Merge” for the decarbonized Blockchain Ethereum 2.0, in the context of the world power disaster, which is simply simply starting. According to its Founder Vitalik Buterin, thanks to “The Merge”, after 7 years of improvement and profitable beta checks), the electrical energy consumption of the Blockchain ETH collapses by greater than 99.95%, going from “Proof of Work” (PoW) to the “Proof of Stake” (PoS).
The undeniable fact that Artprice anticipated three years earlier the Blockchain Ethereum and its good contract as the reference in the Art Market for NFTs, is additional bolstered by the official dispatch from Christie’s on September 27, 2022, with the launch introduced of Christie’s 3.0 which relies on the Blockchain Ethereum.
According to an Artprice examine:
“All Market Makers in the Art Market and particularly the majority of Auction Houses worldwide now have an NFT division for cataloged and on-line gross sales all through the 12 months. Similarly, all the main buildings in the museum trade and artwork galleries are beginning to publish their very own NFTs.
Digital Art created in the Nineteen Eighties is lastly making its actual revolution by impacting almost half a billion Art NFT lovers, at buying prices that at the moment are very accessible.
There are already greater than 54,000 artists recognized by Artprice who instantly produce their NFTs for his or her shopping for public and that is solely the very starting of this paradigm shift.
It is a significant occasion that definitively modifies the construction of the Art Market and its actors, as recognized since 1950 in accordance to sociologists, artwork historians, and analysts. This can be confirmed by the varied departments of Artprice, notably regarding the figures.”
https://www.actusnews.com/fr/artmarket/cp/2022/09/29/artmarket_com-rapport-financier-s1-2022-les-capitaux-propres-depassent-les-30m-eur-rn-en-progression-record-ca-s1-mise-en-place
Artmarket.com will contribute to giving France and Europe an opportunity to counterbalance the Anglo-Saxon hegemony in the subject of crypto-assets. It will expose to the Minister of Economy, Finance, and Industrial and Digital sovereignty, the distinctive capabilities of Artprice by Artmarket.com, the World chief in Art Market data for 25 years, in certification of main issuance in the subject of Art NFTs and crypto Art extra usually.
Copyright 1987-2022 thierry Ehrmann www.artprice.com – www.artmarket.com
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Artmarket and its Artprice division was based in 1997 by its CEO, thierry Ehrmann. Artmarket and its Artprice division is managed by Groupe Serveur, created in 1987.
See licensed biography in Who’s who ©:
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Artmarket is a worldwide participant in the Art Market with, amongst different buildings, its Artprice division, world chief in the accumulation, administration and exploitation of historic and present artwork market data in databanks containing over 30 million indices and public sale outcomes, masking greater than 793,000 artists.
Artprice by Artmarket, the world chief in data on the artwork market, has set itself the ambition by way of its Global Standardized Marketplace to be the world’s main Fine Art NFT platform.
Artprice Images® permits limitless entry to the largest Art Market picture financial institution in the world: a minimum of 180 million digital photos of images or engraved reproductions of artworks from 1700 to the current day, commented by our artwork historians.
Artmarket with its Artprice division accumulates knowledge on a everlasting foundation from 6300 Auction Houses and produces key Art Market data for the principal press and media businesses (7,200 publications). Its 5.4 million (‘members log in’+social media) customers have entry to adverts posted by different members, a community that right this moment represents the main Global Standardized Marketplace® to purchase and promote artworks at a set or bid value (auctions regulated by paragraphs 2 and 3 of Article L 321.3 of France’s Commercial Code).
Artmarket with its Artprice division, has been awarded the State label “Innovative Company” by the Public Investment Bank (BPI) (for the second time in November 2018 for a brand new interval of 3 years) which is supporting the firm in its undertaking to consolidate its place as a worldwide participant in the market artwork.
Artprice releases its 2022 Ultra-Contemporary Art Market Report:
https://www.artprice.com/artprice-reports/the-contemporary-art-market-report-2022
The Artprice 2022 half-year report: the artwork market returns to sturdy progress in the West:
https://www.artprice.com/artprice-reports/global-art-market-in-h1-2022-by-artprice-com
Artprice by Artmarket’s 2020 Global Art Market Report printed in March 2022:
https://www.artprice.com/artprice-reports/the-art-market-in-2021
Artprice’s 2020/21 Contemporary Art Market Report by Artmarket.com:
https://www.artprice.com/artprice-reports/the-contemporary-art-market-report-2021
Index of press releases posted by Artmarket with its Artprice division:
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