10101.art is a platform that aims to connect physical blue-chip artworks with on-chain ownership through the use of Non-Fungible Tokens (NFTs). The project focuses on making masterpieces by artists such as Pablo Picasso, Banksy, and Andy Warhol accessible for collective ownership, allowing collectors to associate the art with their digital identity.[1]
10101.art operates at the intersection of fine art and blockchain technology, with a model centered on converting physical artworks into on-chain Real World Assets (RWAs). The platform's stated mission is to enhance the accessibility of fine art and transform the ownership experience into a more personal and secure endeavor. It sources original art pieces from renowned artists, many of which would otherwise be held in private collections and rarely seen by the public. By structuring the ownership on-chain, 10101.art seeks to provide transparent provenance records, secure custody arrangements, and structured participation for its community of collectors.[1]
According to the project, its philosophy is that blockchain technology can supplement the emotional and cultural value of art ownership by providing a clear and immutable structural framework. The platform's target audience consists of collectors who view art not just as an asset, but as a form of self-expression and a means to signal their taste and cultural standing. To facilitate this, 10101.art arranges for the professional custody and public exhibition of the artworks within its portfolio.[1]
The project has reported several milestones, including the sale of an original Andy Warhol artwork, major releases involving pieces by Banksy and Picasso, and a month-long exhibition in Dubai in partnership with Emaar. The platform has also stated it has curated a vaulted portfolio of blue-chip art valued at over $10 million.[1]
The primary products offered by 10101.art are centered on the acquisition, management, and display of on-chain art ownership. The core offering is a marketplace where users can acquire "ownership tokens." These tokens are NFTs, with each one representing a fractional or whole stake in a specific, physical piece of art held in custody.
Complementing the marketplace are user profiles designed to function as a public-facing digital gallery. These profiles allow collectors to display their holdings, effectively enabling them to build a verifiable on-chain identity and legacy that is directly linked to their art collection. This feature is intended to translate the real-world concept of a personal art collection into the digital realm.[1]
10101.art's platform incorporates several features to support its model of tokenizing physical art. The process begins with a curation and sourcing mechanism managed by an internal team of experts who identify and acquire artworks. The team pursues acquisitions through both market offers and active searches. According to project documentation, a community-based voting system for art selection is also planned for future development.
Once an artwork is acquired, it is placed into professional custody under a clear legal framework to ensure its physical security and long-term preservation. The platform also facilitates public visibility for the artworks. A key example of this was a major exhibition hosted in Dubai, which showcased the platform's collection.
The platform has mentioned an "ART Points" system, although specific details on its function as a reward or engagement mechanism have not been fully outlined in available documentation. Additionally, 10101.art offers a service for existing art owners who wish to tokenize their physical assets. This service allows them to list their art on the 10101.art marketplace, bringing new works into the ecosystem.[1]
The 10101.art ecosystem is structured around several key participants who interact to facilitate the tokenization and ownership of fine art. The central group within the ecosystem is the community of collectors, who acquire, hold, and trade the ownership tokens (NFTs).
The 10101.art platform acts as the operational hub, managing the entire lifecycle of an artwork from sourcing and legal structuring to tokenization and marketplace operations. A critical component of the ecosystem is its network of physical art world partners. This network includes art galleries for public exhibitions, such as the Monada Art Gallery in Dubai, as well as professional custodians who are responsible for the storage and care of the physical artworks.
The final layer is the underlying blockchain infrastructure. This technology secures the NFTs, records all ownership data transparently, and ensures the integrity of the transaction history. The specific blockchain protocol used by the platform is not detailed in the provided materials.[1]
The platform is designed to serve several specific use cases at the intersection of art and blockchain technology.
These use cases demonstrate the platform's aim to blend the cultural significance of art with the technological benefits of blockchain.[1]
The technical and legal architecture of the 10101.art platform follows a multi-step process to bring a physical artwork on-chain as a verified digital asset.
The process begins with Sourcing and Selection, where artworks are chosen by an internal curation team, with plans for a future community voting mechanism. Once an artwork is selected and acquired, it undergoes a Verification process to confirm its status as a genuine Real World Asset (RWA).
Following verification, the physical artwork is placed in Professional Custody with a specialized third-party service. The next stage is Digitization, where a specialized process is used to create an ultra-high-resolution digital representation of the piece. According to the project, this resulting digital file is then divided into secure segments to ensure data integrity.
Finally, this digital representation is used to create an "ownership token" in the form of an NFT. This token is then permanently recorded on the blockchain. The platform states that this process guarantees an "unbreakable link" between the digital asset and its physical counterpart, establishing a clear and legally supported chain of ownership.[1]
Based on available documentation, 10101.art does not have a native fungible utility or governance token. The term "ownership token" used by the platform refers specifically to the Non-Fungible Token (NFT) that represents a verified ownership stake in a particular physical artwork. These NFTs are unique to each piece of art and are not a fungible cryptocurrency for platform-wide operations.
Information regarding a governance model, token supply, or specific allocation and utility details for a native fungible token is not present in the project's documentation. Similarly, while an "ART Points" system is mentioned, the specific mechanics and potential tokenomic structure of these points have not been detailed.[1]
10101.art has established collaborations with various entities in the art, real estate, and event sectors to support its exhibitions and outreach.
These partnerships support the platform's model of providing public visibility for the artworks in its collection and engaging with the broader art and blockchain communities.[1]