Not only artists themselves, but also primary and secondary galleries, auction houses, and companies with art collections can issue NFTs on Startrail, referred to as Startrail Registry Record (SRR)s. In order to ensure the security of SRR information, we conduct screenings based on our own standards.
Purchasers of artworks can use our service by purchasing a work with an NFT on Startrail. Also, purchasers can transfer the NFT along with the artwork to a new owner at the time of secondary sales or transfer.
How can galleries or art businesses use Startrail PORT?
For galleries or art businesses, issuing an NFT(SRR) can strengthen the authenticity of artworks for sale.
It is also possible to view and manage information on registered artworks.
In addition, the ownership history(provenance) and exhibition history of artworks will be recorded, allowing businesses to use it as a reference when determining the authenticity of artworks. Also, the SRR issuer can check the history of artworks after the sale.
How can artists use Startrail PORT?
Artists can track the current ownership status of their artworks even after secondary distribution because the provenance of their work is recorded on the blockchain.
In addition, when the artists themselves issue an NFT on Startrail for their artwork during a primary sale, their work’s authenticity will be strengthened. The secondary sale distribution will be safer than it used to be.
Furthermore, artists can create contract terms at the time they issue an NFT on Startrail. By setting royalties from secondary sales, they can receive a portion of profits made from secondary sales.
How can art buyers and art collectors use Startrail PORT?
The risk of purchasing a forgery will be reduced by purchasing a work with an NFT issued on Startrail, as a SRR further strengthens the work’s authenticity.
You can also easily view your SRRs information on your smartphone. If you have multiple SRRs for different works, you can also use our service as an easy-to-use collection management tool.
Purchasing and selling a work while complying with the contract terms stated in its SRR is a great way to respect and support artists.
How can companies interested in developing their NFT-related services use Startrail PORT?
Companies interested in developing NFT-related services can start NFT web services by using the APIs to more easily use Startrail.
The API provides the blockchain and backend system as a package, so it can be used not only as a connection system to introduce NFT to services already in operation, but also as a foundation for building services from scratch.