According to the Hiscox Online Art Trade Reports 2016/2017, 58% of online collectors are afraid of buying a fake: 88% want standardised Certificates of Authenticity, and 79% want better provenance information.
Consequently, according to our advisor Philip Mould, “there is an increasing need to inject security and confidence into the art market."
Collectors are increasingly acquiring online, sight unseen. This sector is boosted by changing demographies and also by increasing propensity for artists and galleries to sell online. Repeated reserach has shown that online buyers increasingly see art as an investement/asset class and are deterred by trust issues.
We are currently working on a new service. The new online development will be the first platform to enable the trade of trusted art online through a revolutionary B2B artwork aggregation service. Artists will be able to submit trusted art, pre-tagged and with a Certificate of Authenticity, directly to online retailers. It will launch in September 2018 with the support of leading and emerging artists registered on the Tagsmart platform who will offer their works for sale.
Further announcement of retailer partners will be made in the coming weeks.
This is your chance to share in our success!
Join the trusted art revolution here: https://www.seedrs.com/tagsmart