Obtaining a Provenir NFT

Obtaining a NFT with Professional Appraisal and Valuation

Obtaining a ‘Provenir’ token is to ‘Tokenize’ any Asset on our platform. First, the user will join the platform and make a ‘Provenance Request’. Once the randomly selected and approved Art appraisers and verifiers successfully complete the due-diligence on the Asset, a unique ‘Provenir’ Token will be issued for that particular Asset. This ‘unalterable’ token will remain on the Blockchain ledger forever and can be viewed by the public. The experts in the ecosystem automatically get compensated in ARISTON Tokens for their provenance efforts via the underlying provenance smart contract. The Provenir has all the essential details necessary to prove origin, ownership and correct attributes identifying the Asset. All transfers / sales of the Provenir Tokens are conducted using ‘smart contracts’ that have appropriate escrow features to ensure fulfillment.

Summary of ‘Tokenization’ Process

The ‘Provenir Token’ process for the fine art asset category (e.g. paintings) is as follows:

· The artist / user uploads (or selects a photo from their collection on the off-chain database) the image of the artwork. That image then appears on the blockchain interface on the website.

· The user pays the requisite number of ARISTON Tokens.

· The expert community in the ecosystem in engaged to verify the art using an algorithm.

· The expert community is motivated by payment in ARISTON for their work.

· The experts determine the provenance of the asset.

· Any user can aid experts in his / her evaluations. Art enthusiasts / users are given an opportunity to offer opinion, comments and are motivated to engage by the potential to earn ARISTONS.

· If the art is accepted, its information is registered on the Blockchain.

· Release of a PROVENIRToken;

• The PROVENIR Token gives the user the attribution and rights over the art.

• The owner of the work may release art for sale / lease / etc.

• Only one single PROVENIR can exit for each art piece.

· Owner may then decide to create ‘Provenir Derivative Tokens’ (PDT’s):

• Multiple derivate work tokens may exist for each art piece which give permission to others to print, use, copy etc.

• These PDT’s can be created and sold by the owner at will.