ARTZ Token Description

METAVERSE FOR ART PLATFORM TOKEN

A token is a digital asset issued on a Blockchain. It can be owned, traded or used as a token on the Blockchain for various use cases, depending on the project. The MFA platform will use three types of Tokens:

1. ARISTON (ARTZ) – The Platform Token

2. PROVENIR NFT (PROVINER) – The Art Asset Identification/authentication

3. PROVENIR DERIVATIVE NFT (PDT) – The Art Derivatives NFT

1. ARISTON TOKEN (ARTZ)

This is the basic Token in the MFA system and will be on sale at the ICO. The name ARISTON is derived from Greek word ‘Aristos’. ARISTON means "best and most excellent." We believe that no other name may be more fitting to represent the best in art. The ARISTON (Ticker: ARTZ) will be at the heart of MFA’s ecosystem enabling to federate a strong Art Community that is incentivized to use ARTZ’s. Since the ARISTON represents a medium of exchange in the MFA Platform, all participants in our ecosystem must purchase an ARISTON for utilizing services offered. This gives the token a concrete and essential utility for all stakeholders. The ARISTON can be purchased using Bitcoin, Ether, Monero, Litecoin or any Fiat currency that major exchanges accept.

The token demand will be primarily from those who want to register for ‘Asset Provenance’ and for granting permissions to use their tokenized assets. All art purchases/sales and transfers of Assets will require the Ariston. Demand will also be from participants seeking advice, education, promotions, special offers and other such services on the platform. In order to keep the services on the MFA Platform affordable, the price of obtaining PROVENIR and PDT tokens will be indexed to fiat currency (US Dollar) with an ARTZ divisible into subunits. This will ensure that if ICO contributors hold on to their ARTZ tokens, and token scarcity on exchanges causes the price of the ARTZ to increase, the service prices on MFA will not be affected. .