Zug, Switzerland, 27th April, 2022, Chainwire
Because many established institutions have already begun experimenting with blockchain-based initiatives, mainstream adoption of cryptocurrencies and blockchain technology is unavoidable. The Castello Coin, a new blockchain project, makes it easier than ever to participate in the purchase and selling of important art, making it easier than ever to enter the traditional art world.
Castello Coin is an online payment system for physical artworks that allows trading in the same manner that NFTs are already traded on internet marketplaces. Verification of priceless, real art has traditionally been a costly and time-consuming procedure that tokenization might simplify.
Tokenized artworks, like NFTs, can be bought on the internet with the assurance that their authenticity and ownership can be traced back to their particular blockchain.
Sven Wenzel, Online Marketing Strategist and one of the creators behind the Castello Coin project said: “The utility of the Castello coin is beneficial to both collectors and artists, from the art novice to those more familiar with traditional art. The Castello Coin makes possible the placement of physical art in online marketplaces and breaks down the high barrier of entry faced by less recognized and up-and-coming artists allowing them to showcase their hard work to a broader audience.”
The Castello Coin ($CAST) was created to bridge the gap between the classical and digital art sectors, according to the team behind it, which includes a globally famous modern artist. They see the token as the uniform payment method for both physical and digital art in the future.