Executive summary

MusesNFT’s main goal is to bring art and digital art/non-fungible tokens (NFTs) as well as decentralized finance (DeFi) to the masses. We understand that by simply creating a commerce platform using decentralized technologies its not guaranteed widespread merchant and consumer adoption. We believe only by creating new killer applications that are not possible without crypto-centric technologies will our industry succeed in creating a more open, permissionless, and resilient future for global commerce and finance that impacts hundreds of millions, or billions lives.

In today’s rapidly evolving digital realities, the art world and the digital art/NFT market are lagging in finding their way through the digital jungle. Many stakeholders on the market are still holding on exclusively to tangible assets, often dismissing any form of digitalization in order to “protect” the original.

With the emergence of cryptocurrencies, blockchain and smart contracts it is now possible to redefine the rules of the game.

The art market has been considered one of the most conservative and closed circle industries for centuries. Recent developments in online art sales and creation of NFTs prove that a disruption is imminent. The art community is struggling to reach democratization where more transparency will drive the implementation of an open market as a principle. Blockchain enables a new paradigm with complete decentralization, peer-to-peer execution and traceability like never before in the art world.

With the expansion of virtual and mixed realities the usage and trade of virtual art becomes as important as the trade of real objects.

The digitalization of art introduces one important challenge: the handling of rights on digital assets in digital and virtual spaces. With the expansion of virtual and mixed realities the usage and trade of. The virtual art becomes as important as the trade of real objects. This new arena is yet to be shaped and created.

MusesNFT is building an ecosystem that aims to integrate a broad community represented by artists, gallery owners, investors and enthusiasts, around the new technological possibilities of art and the new Digital Economy. MusesNFT will be composed of a community of users linked to the world of art and digital culture. An innovative project aimed to revolutionize the art and NFTs shopping experience through the integration of cross-chain interactive and multimedia proposals. On our platform, it will be possible to organize decentralized exhibitions, auctions, exchange, buy and sell Art, Digital Art/NFTs with an artistic projection. But it will also serve as a framework for the promotion of particular events, focused on selected artists or new experiences; such as stakes for those holders of our token supporting the project, that also deserves recognition. Our MSS token holders will be able to participate in proposals open for expansion of our digital art projects.

With Muses token we are introducing a new cryptocurrency and an underlying blockchain economy to handle the arts & culture space. To fuel and empower this transformation we are creating a cross chain virtual reality gallery, auction and market platform called Muses NFT Marketplace, where artists, gallerists, custodians, regular users and museums will present and sell real and digital artworks. MusesNFT Marketplace will have extensions in augmented reality and mixed reality to showcase art in real spaces as well as a classical web portal where all presented art will be available for web users. As part of the creation of MusesNFT Marketplace we will be developing a sophisticated new 3D scanner which can be used for high detailed scanning of artworks. Unlike conventional scanners, it enables the extraction of fine surface details from paintings. The scanner will thus help to create higher grade virtual experiences and increase the interest to dive into virtual reality exhibitions compared to just browsing art on computer monitors and tablet screens.

With the expansion of virtual and mixed realities the usage and trade of virtual art becomes as important as the trade of real objects.