lIVEARTX & OKX Blockdream Ventures AMA Recap

QUESTIONS FROM HOST FOR LiveArtX 

Q1. Can you please give a brief introduction about yourself? 

Boris: Guys, I'm the co-founder and CEO of LiveArt. And thank you very much. Love Blockdream ventures for the invite. Glad to do an AMA here and great to be part of the community. A little bit about myself. I started five companies in different industries: art transportation, gaming, and crypto. I sold my art company to Christie's which is the world's largest Auction House. I sold my gaming company to Viacom. I'm also a nerd. I have a couple of degrees from MIT. And my co-founders are just as steeped in the art world as I am. Just a little bit about my co-founders. Adam is former Chief Operating Officer of Sotheby's which is the world's second-largest Auction House, John ran e-commerce for both Sotheby's and Christie's. And George is a veteran contemporary art specialist, the specialist who spent the last 13 years in the auction houses. Marisa is an art advisor who was the Director of Education at Christie's. So really, this company has its DNA in the art world and the other leg in crypto, and this is the biggest difference between us. And pretty much everybody else in the market. We are art people. We're also crypto people.  

Q2. What's the vision of LiveArtX? 

Boris: We believe in a future art world that combines the best of the traditional art industry with the power of crypto technology. We envision a platform with digital and physical art, where purchases are made in crypto and cash, and exhibitions appear in the real world as well as the metaverse. We believe that this convergence of physical and digital is what will make the art market grow, for the benefit of all players. And our utility+governance token $ART is the foundation of this vision!  

Q3. What fields will be the possible collaboration areas between LiveArtX and OKX?  Boris: First of all, we are thankful that OKX BlockDream Capital was one of the first who committed as an investor for our latest round. Thanks, guys! To foster better adoption of our services, we’d welcome native users on Blockchain as well as users from centralized exchanges. So naturally, we would welcome the idea of providing liquidity and exposure to $ART tokens by listing on exchanges. I think it would be great for the broader user population that they have easier access to the products, bringing about the change that LiveArtX aims to deliver to the established art industry. So yeah - great potential synergies with OKX, I think. Looking forward to collaborating!  

Q4. Why is LiveArtX different from other NFT platforms?  Boris: Great question. There are several very important differences. 

1) We bridge the physical and digital art worlds. LiveArt is both art and tech. We've held leadership roles at Sotheby’s and Christie’s. We are gallerists. We are collectors. We have worked with hundreds of artists. We have built technology platforms for the art world. 

2) We provide authentic experience expected by the art community: 

• We verify authenticity - We guarantee each NFT on our marketplace is original and belongs to the correct owner at listing. 
• We tastefully curate everything - Our platform provides killer curation so you don't have to waste your time looking through seas of junk. 

3) Our platform is providing value to the ENTIRE art ecosystem: 

• Collectors, Artists, Collaborators, Galleries, Art Fairs, Museums... and of course the Developers and Community members! 

4) Our tech is finely tuned to the needs of the art world: Configurable royalties for the creator and collaborators, on-chain IP rights management, multi-chain support, etc.  

Q5. How will LiveArtX transform the art industry? 

Boris: 99% of the art industry is not yet crypto-conversant. Most are not even crypto-aware! Our mission is to be the bridge that brings them into web3 and the crypto universe. We built the product SPECIFICALLY for this. It is both "art market native" and "crypto native."We are trusted by the art community. By well-known current artists who haven’t dived into NFTs yet and the estates of past artists trust us to build the bridge for them. We’ve also built trust among long-time collectors of traditional art - but they also know that we are native to the bleeding edge of innovation. No other NFT platform can say that. And one last point, which I mentioned before - it's not just about enabling the artists/creators and the collectors to go crypto. It's about enabling the ENTIRE art ecosystem: Galleries, Art Fairs, Museums, etc.  

Q6. What does your token do? What are the utilities? We saw the news"LiveArtX Launches $ART Token To Bring the Traditional & Digital Art Worlds Together" 

Boris: Yes! - we are super excited about the $ART launch! We are still finalizing the details of the tokenomics. There will be a significant tokenized ecosystem for the artists, buyers, and for the people who engage with the art and community. The utility will be rolled out in 3 main areas: 

1) ACCESS to the best digital (and physical!) works of art: Pre-sale of works by iconic artists Whitelists for premier NFT drops Works by new and emerging artists with long waitlists Insiders List for exclusive private sales Emerging Artist-designed Avatars 

2) Exclusive Art EXPERIENCES that $ART lets you have Private tours at global art fairs, including ArtBasel & Frieze NFT Events Studio Visits with prominent artists Gallery crawls in major art cities One-on-one consultations with world-renowned art advisors LiveArtX Artelligence Conference Exclusive Art Market and NFT analytics Passes to Select Museums etc. 

3) COMMUNITY benefits for $ART holders Also LiveArtX DAO membership. Because we believe in user-owned platforms as a principle of Web3! - vote on new features, vote on use of Charitable and Strategic Funds, etc. Owning $ART makes you part owner of our platform. As an owner, you get some pretty powerful benefits  

Q7. Where can we get the "ART" token? Until the token is listed on exchanges, the only way to get it is through Membership. The process is described here https://liveart.xyz/  Let’s look forward to a brighter future of LiveArtX — a premium NFT platform that connects the art world with web3. For further information about LiveArtX, please visit: https://liveart.xyz/