AMA Recap Crypto Library with Artex


On 01st July 2021, Artex conducted an AMA in the Crypto Library Community. Our guest is Samed Sakman. Lots of questions as usual from the Community about Artex progress. The Artex team took part in a very interesting AMA session which included introductions, questions from twitter, and a live AMA session with the Crypto Library community. If you missed the AMA in person, read this recap for a deeper insight into Artex.

Let’s take a look at the most interesting points of our conversation.

Crypto Library Team : So, before we start the AMA could you please introduce yourself to our community?

Samed Sakman (Artex) : I'm Samed Sakman, Ceo of Artex. I’m a visual designer, artist and academician. I have Master of Arts and PhD degrees. Sharing my experience with young promising artists gives infinite satisfaction. I have met with blockchain in 2017 and I’ve started to think how I can get involved in this technology. After gathering a lot of information and experience, I launched ARTEX with Arin Gulum who is the co-founder of this project. Artex envisions a world in which everyone, not just the fortunate and privileged few, can invest in first-class artworks.
Crypto Library Team : What is ARTEX? and how does it work?

Samed Sakman (Artex) : Artex is the world's first and only blockchain-based art investment platform, allowing you to trade and manage your fine art investments at any time. First-class fine art pieces are tokenized on the blockchain in exchange for their insurance value, based on the transparent pricing of art experts from various countries. 

Crypto Library Team : Could you give us some reason why we have to choose ARTEX than other projects out there?

Samed Sakman (Artex) : Sure. If you're interested in purchasing million-dollar top-notch artworks within your budget, you have to choose Artex because we don't have a competitor. Artex is the first and only in the world in this field. Do not compare Artex with NFT projects. We tokenize real works of art and offer them to the public.

Crypto Library Team : Please tell us about $ARTEX token! What are the token use-case, distribution, and where we can buy it?

Samed Sakman (Artex) : The digital currency of the Artex ecosystem is Artex Token. When the Artex platform is fully operational;
  • Production and approval of smart contracts,
  • Participating in the pre-sale,
  • Lower commission fees,
  • Participating in auctions and bidding,
  • Artex Tokens will be used for the function and shopping transactions of all privileged functions of the platform such as participating in international events such as Fairs, Biennials, and Exhibitions to be organized by Artex. 
Thus, as the platform gains worldwide popularity, the demand for Artex Tokens will increase at the same rate. Currently, the publicsale phase continues. It started this morning. You can get $Artex cheap for the last time before it is listed on the exchanges. After publicsale we will be listed on global exchanges. One of them is in top 5 in the world by volume. You can buy artex directly our website. For our platform, at the second week of July we will release the first beta. Users can use as a testnet of it by the November. Also first artwork listing on Artex will be on November too. Launch of the Artex Platform mainnet will be on January 2022. We are moving forward with confident and sturdy steps. On the other hand, we are working hard to announce our partners to our community. We are making connections with famous and promising artists, art galleries, and other crypto projects that help us to grow fast.

Crypto Library Team : Could you give us some information about your roadmap, your milestones, and also your future plans?

Samed Sakman (Artex) : The most important event ahead is the Public Sale, which will end on July 8th. Also our smart contract auditing process started by Certik Audit. You can follow up here!!
Crypto Library Team : How does ARTEX provide transparency about projects? Will it be published in the media and or will there be a third party audit of the progress of your project? So, what has the team achieved so far?

Samed Sakman (Artex) : As I said before our smart contract auditing process started by Certik Audit. We are very transparent with our community. We report all developments to our community moment by moment. In addition, we interview the leading media organizations of the crypto world and convey all information about Artex with great transparency. I think if you ask our community what aspect of Artex you like the most, they would say it should be transparent.

Crypto Library Team : About the Project of Artex , actually there are a lot of Defi projects fighting to survive. What is the strategy for this project win liquidity and survive for years?

Samed Sakman (Artex) : In fact, it would be wrong to describe Artex as a defi project. We are more of an art exchange operating with a CEX logic. As for liquidity, the idea of Artex emerged as a solution to the liquidity problem of the art market. The art market, which is going through very difficult times especially due to the pandemic, will breathe with successful projects such as Artex.
Crypto Library Team : Currently the ARTEX publicsale is in progress. who can join? and how? Is every participant who will take part in the public sale required to do KYC first?

Samed Sakman (Artex) : Everyone can join on

Crypto Library Team : It's easy to make a token but it's really hard to make this token valuable? So what's your startegy to make your token more valuable and what's your plan to maintain token price and supply?

Samed Sakman (Artex) : Our total supply is only 100m. Once the Artex platform is fully operational, almost all transactions will be made with Artex tokens. This will increase the demand for Artex token and Artex token will become more valuable day by day.

Crypto Library Team : Talking about the Artex galleries, are there limitations to the kinds of arts that can be displayed on the gallery? I mean, will there be any form of censorship on extreme art works?

Samed Sakman (Artex) : With no censorship, only works by top-notch and promising young artists will be listed. It is also on the agenda to list works such as sculptures, music, films, screenplays.

Crypto Library Team : Which regions are you focusing on?

Samed Sakman (Artex) : By paying attention to the regulations and restrictions of countries regarding cryptocurrencies, we will ensure that everyone invests in works of art.

Crypto Library Team : Are you planning on exploring other blockchains to provide users other options and more diversity?

Samed Sakman (Artex) : Definitely yes. Artex will also exist on other blockchains.