1.1 Name of the Project
Encrypto Art
1.2 Application Type
Launch
1.3 Proposal overview
Encrypto Art aims to create decentralised asset verification starting with fine art. In today’s world, a bad actor can create a fraudulent art piece and pay a certifier (for example, a dead artist’s foundation, sometimes unwittingly) a large sum of money for a fraudulent certificate. Then, this person sells the fake art piece for a profit. The fraudster damages all stakeholders when found out (the unwitting buyer, the dead artist’s foundation, and the artist reputation).
Encrypto Art’s vision is to establish a secure, transparent & decentralized art marketplace that guarantees authentic physical art.
Encrypto Art is also one of the most worked and recognized projects in the Peersyst portfolio.
The objective of the project is to create a solution for the digital purchase and sale of real physical art that allows avoiding fraud in a large quantity by means of digital certificates in the form of NFTs and post-quantum asymmetric cryptography (PQAC) NFC tags.
The promoter of the project is the renowned artist Lorenzo Quinn (Login • Instagram) and one of the most important sculptural artists in the world today. His work, in connection with Art D’Egypte, received over 1B views in social medias. Other famous works include Support (Venice, 2017) which also received more than 1B views around the globe.
The team’s goal is to initially prepare a platform for the artist’s use where digital certificates of authenticity represented by NFTs can be viewed and exchanged. Currently, the project has created great interest and willingness with many fellow fine artists from the driving force who will be verified by KYC and will use the same platform for the issuance of certificates.
The objective of the project is to bring more than 200 world-renowned artists and sculptors to generate certificates on the platform that will serve in the future for the purchase / sale of high-level art.
The project is currently developed in a fairly advanced first version and financed by the team that has implemented it on a Blockchain technology that does not support the characteristics and infrastructure necessary for the project nor does it have any type of connection with the main decentralized networks.
It is proposed to migrate the project to Harmony, which will not only bring a large number of transactions and certificates as well as the prestige and recognition of the platform to serve some of the most famous artists of the moment.
1.4 Team
Lorenzo Quinn Founder & CEO
World famous Italian Artist renowned for monumental works in top locations
• 30+ years of experience in the art world
• 20+ years business owner & influencer
• Exhibited in galleries and museums globally
Nicholas Quinn COO
BA in High Tech Entrepreneurship. Developer focused on post-quantum cryptography, hashing, NFC, mesh networks and Android development. Founder of BeechatNetworkSystemsLtd (Beechat Network Systems Ltd.) · GitHub
• Experienced Company Director and management
• 5+ years of marketing experience
Peersyst Development team:
The Peersyst team has been defined and designed as a high-performance squad capable of developing any project in Blockchain technology with maximum efficiency, quality and speed.
With a Blockchain development experience practically as long as Ethereum years of existence, the Peersyst team has been carefully selected as one of the most expert and complemented teams in the development of this technology.
This team of people is designed to work on several projects at the same time, exchanging tasks to achieve the best results. It has the following roles:
PRODUCT OWNER / REQUIREMENTS ENGINEER - SI ENGINEER
The main mission of the Product Owner is to define the product and prioritize the objectives to be achieved, in order to maximize the value of the product.
He is the representative of all interested persons (stakeholders) and must ensure that the Product Result meets the expected results.
TECH LEAD - TI ENGINEER
The tech lead is responsible for the entire technological development and definition part of the project. It is responsible for defining the most appropriate technologies, the Blockchain protocols to be used, the test and production environments, the platform infrastructure, security standards, backups, migrations and integrations with other systems. The highest level technology profile responsible for the platform and development success.
UX/UI DESIGNER - DATA ANALYTICS ENGINEER AND UX/UI DESIGNER
This profile is of vital importance for the success of the projects. Usability is one of the most important points to work on in any Blockchain solution as well as the design of easy and attractive interfaces for users. Peersyst incorporates a successful profile in the design of platforms that have achieved millions of users thanks to the usability and ease of its solutions.
BLOCKCHAIN / CRYPTOGRAPHY SPECIALIST - COMPUTATION AND ALGORITHMICS
This profile is in charge of helping the tech lead to define the specific Blockchain solutions and develop the previously defined protocols. Its functionality is to ensure the security of all connections and of the platform at the software level.
SENIOR BACKEND DEVELOPER - COMPUTATION AND ALGORITHMICS
This profile is in charge of developing all parts of the solutions on the server side. Many platforms can use a backend as an engine for logic and allow integrating the frontend with Blockchain modules, user management and administrators.
SENIOR FRONTEND DEVELOPER - SOFTWARE ENGINEER
The developer responsible for designing all the changes in the visual part of the applications and the part of the logic that does not interact with the Blockchain.
FULLSTACK DEVELOPER - SOFTWARE ENGINEER
Finally, the fullstack developer is a flexible and agile resource that is in charge of integrating with third parties, connections between frontend and backend, and providing support in the different areas above.
1.5 Proposal ask
$50K
1.6 Justification
Most of the efforts in this stage will be focused on the launch development and migrating of the actual platform to the blockchain of Harmony, where everyone will have access to buy / create certificates (NFT) for physical artworks.
Also marketing and bringing in renewed artists will be an important part of the launch.
1.7 Metrics for success:
$10K after migrating the feature-complete product on our testnet
$10K after mainnet launch
$10K after forming a DAO with its community
$10k after 1k monthly visitors
$10K for after 10K monthly visitors