How can you own a genuine Banksy？ The answers on the blockchain

10101.art, a ground-breaking art-tech platform, celebrated its official launch in Dubais Monada Art gallery this week.

突破性的艺术科技平台 10101.art 本周在迪拜莫纳达艺术画廊正式启动。

Bringing the power of the distributed ledger to the global art market, 10101.art leverages blockchain technology to make iconic works by Banksy, Warhol, Picasso, Dali, and others available for collective ownership.

10101.art 将分布式账本的力量带入全球艺术品市场，利用区块链技术让班克斯、沃霍尔、毕加索、达利等人的标志性作品可供集体所有。

Alina Krot, CEO of 10101.art, sat down to discuss the platforms launch with Philip Hoey, Director of CoinJournal.

10101.art 首席执行官 alina krot 与 coinjournal 总监 philip hoey 坐下来讨论该平台的发布。

Philip Hoey: Thanks so much for taking the time to speak with CoinJournal, Alina. Lets kick off with a quick overview of your platform – can you describe the journey that led you and your team to launch 10101.art？

philip hoey： alina，非常感谢您抽出时间接受 coinjournal 的采访。让我们先快速概述一下您的平台——您能描述一下您和您的团队推出 10101.art 的历程吗？

Alina Krot: My journey to the art world was quite long. Even though art has always been my passion, my first career choice was finance. I used to work with high-risk assets and large investment lending projects in a bank before getting into the startup scene. 5 years later I realized that the big corporate world is not for me. In 2019, I got involved in WEB 3. This choice allowed me to dive into the blockchain field and work on several projects, gaining valuable experience.

alina krot ：我进入艺术界的旅程相当漫长。尽管艺术一直是我的热情所在，但我的第一职业选择是金融。在进入创业界之前，我曾在银行从事高风险资产和大型投资贷款项目。五年后，我意识到大公司世界并不适合我。2019 年，我参与了 web 3。这个选择让我有机会深入区块链领域并参与了多个项目，获得了宝贵的经验。

Eventually, Id grown to take a product management role. All that experience made me realize that basically any traditional sphere can be made more accessible with blockchain.

最终，我逐渐担任产品管理职务。所有这些经历让我意识到，基本上任何传统领域都可以通过区块链变得更加便捷。

The puzzle of financial expertise and art appreciation came together when I met Iryna, founder of 10101.art. I realized that the art market can actually become more inclusive with the power of blockchain. Moreover, I knew I could really contribute to that.

当我遇到 10101.art 创始人 iryna 时，金融专业知识和艺术鉴赏之间的谜题就融合在一起了。我意识到借助区块链的力量，艺术市场实际上可以变得更加包容。而且，我知道我真的可以为此做出贡献。

PH: What first sparked your interest in combining physical art with blockchain technology？

ph：是什么激发了您对将实体艺术与区块链技术相结合的兴趣？

AK: I guess it was the realization of the absolute benefits blockchain is able to bring to the art industry. And by that I mean collective ownership and democratization of the art market itself. For a long time art ownership was a privilege of the richer people. Blockchain and collective ownership is making this market accessible for everyone.

ak ：我想这是因为区块链能够为艺术行业带来绝对的好处。我的意思是艺术市场本身的集体所有权和民主化。长期以来，艺术品所有权是富人的特权。区块链和集体所有权使每个人都能进入这个市场。

Every year more and more industries, such as real estate, healthcare, finance, etc. have already realized the benefits of blockchain implementation, so Im pretty sure that a more widespread adoption will bring new disruptive innovations in numerous fields.

每年，越来越多的行业，如房地产、医疗保健、金融等已经意识到区块链实施的好处，因此我非常确信，更广泛的采用将为众多领域带来新的颠覆性创新。

PH: NFT enthusiasts will be very familiar with investing in digital assets, but 10101.art is pioneering the use of NFTs for physical artworks. Given that many of these artworks are considered masterpieces and will almost certainly appreciate in value, it seems like this might offer collectors a less risky approach to engaging with art. Would you agree with that？

ph ：nft 爱好者对投资数字资产非常熟悉，但 10101.art 率先将 nft 用于实体艺术品。鉴于其中许多艺术品被视为杰作，而且几乎肯定会升值，这似乎可以为收藏家提供一种风险较小的艺术品投资方式。你同意吗？

AK: Absolutely, owning a piece of art on 10101.art is definitely less risky, especially for those familiar with the NFT space.

ak ：当然，在 10101.art 上拥有一件艺术品的风险肯定较小，尤其是对于那些熟悉 nft 领域的人来说。

First, there are liquidity issues. Traditionally, art can be tough to sell quickly, especially for collectors with little to no experience. With collective ownership through NFTs, individuals are able to trade them on a secondary market.

首先，存在流动性问题。传统上，艺术品很难快速出售，尤其是对于经验很少或没有经验的收藏家来说。通过 nft 实现集体所有权，个人可以在二级市场上交易它们。

Another huge advantage is affordability. 10101.art allows people to buy a smaller piece of a valuable artwork. This makes masterpiece ownership much more reachable compared to needing to buy the whole thing at auctions.

另一个巨大的优势是价格实惠。10101.art 允许人们购买一件珍贵艺术品的较小部分。与需要在拍卖会上购买整件作品相比，这使得拥有杰作的所有权更加容易。

There‘s also the transparency factor. Blockchain technology provides a clear record of ownership and the artwork’s history, which can be reassuring.

还有透明度因素。区块链技术提供了所有权和艺术品历史的清晰记录，这让人放心。

PH:In the past there have been other platforms that have used special purpose vehicles to enable fractional ownership of famous artworks, but leveraging the power of the blockchain seems like a more efficient process than forming a new SPV every time a new artwork is offered for sale. Would you say physical NFTs are the future of fractional ownership in the art world？

ph：过去也有其他平台使用特殊目的载体来实现著名艺术品的部分所有权，但利用区块链的力量似乎比每次出售新艺术品时组建新的 spv 更有效。您是否认为实物 nft 是艺术界部分所有权的未来？

AK: Theres no doubt that traditional collective ownership models, reliant on special purpose vehicles (SPVs), can be inefficient. The need to establish a new SPV for each artwork creates significant administrative burdens. In this regard, physical NFTs, leveraging the power of blockchain technology, offer a compelling alternative.

ak ：毫无疑问，传统的集体所有权模式依赖于特殊目的载体 (spv)，效率低下。为每件艺术品建立新的 spv 的需求带来了巨大的管理负担。在这方面，利用区块链技术的力量，实物 nft 提供了一种引人注目的替代方案。

The efficiency gains associated with NFTs are undeniable. By eliminating the requirement for bespoke SPVs, co-ownership becomes streamlined. Additionally, the inherent transparency and security of blockchain facilitates seamless transactions and clear ownership tracking.

nft 带来的效率提升是不可否认的。通过消除对定制 spv 的要求，共同所有权变得简化。此外，区块链固有的透明度和安全性促进了无缝交易和清晰的所有权追踪。

Furthermore, physical NFTs democratize access to the art world. By tokenizing high-value artworks, individuals who might not possess the resources to acquire a masterpiece outright can still participate in the art market.

此外，实体 nft 使艺术世界的准入变得民主化。通过将高价值艺术品代币化，那些可能没有资源直接购买杰作的人仍然可以参与艺术市场。

PH:Which blockchain does 10101.art use？

ph: 10101.art 使用哪种区块链？

AK: Currently our platform operates on Ethereum blockchain. But we also plan to launch some collections using other new EVM-compatible blockchains in the near future.

ak ：目前我们的平台在以太坊区块链上运行。但我们也计划在不久的将来推出一些使用其他新的 evm 兼容区块链的系列。

PH: Can you explain the tokenization process？

ph：您能解释一下标记化过程吗？

AK: Of course. The tokenization process on 10101.art is divided into four major stages.

ak ：当然了。10101.art 上的标记化过程分为四个主要阶段。

The process begins with a dedicated team scouring valuable collections, auction houses, and galleries. Authenticity is paramount, so each piece undergoes careful examination before being considered.

这个过程始于一个专门的团队搜寻有价值的藏品、拍卖行和画廊。真实性至关重要，因此每件作品在被考虑之前都会经过仔细检查。

Once an artwork is selected, our development team scans and uploads it for safekeeping on a secure, decentralized system. This ensures the digital record remains tamper-proof and readily accessible. Heres where the magic of blockchain comes in: using smart contracts, we split ownership of an artwork into tokens. These contracts clearly define the total number of tokens available and their initial value, providing complete transparency. All ownership rights over a particular painting are specified in the documents defining co-ownership, published on our website.

一旦选定了一件艺术品，我们的开发团队就会对其进行扫描并上传到安全的去中心化系统中进行保管。这确保了数字记录不会被篡改，并且易于访问。这就是区块链的魔力所在：使用智能合约，我们将艺术品的所有权拆分为代币。这些合约明确定义了可用的代币总数及其初始价值，从而提供了完全的透明度。特定绘画的所有所有权均在我们网站上发布的共同所有权定义文件中指定。

Eventually, individuals become co-owners of a renowned artwork. By purchasing a token, they dont just acquire a digital image. They gain a verifiable stake in the physical piece itself, stored at our partner gallery, Monada Art.

最终，个人成为著名艺术品的共同所有者。通过购买代币，他们获得的不仅仅是数字图像。他们获得了实物作品本身的可验证权益，存储在我们的合作画廊 monada art 中。

PH: How many fragments is each individual artwork divided into, and is there a limit to how many tokens an individual art collector can buy for that artwork？

ph ：每件艺术品分成多少个片段，单个艺术品收藏家可以为该艺术品购买的代币数量是否有限制？

AK:The amount of fragments depends on the artwork itself. For example, so far there are 1500 pieces of Banksy‘s “Turf War” and 1200 of Warhol’s “Campbell‘s Soup Cans” in total available on 10101.art. However, there’s no actual limit.

ak ：碎片数量取决于艺术品本身。例如，目前 10101.art 上共有 1500 件 banksy 的“地盘之争”和 1200 件 warhol 的“金宝汤罐头”作品。但实际上没有限制。

PH: Do 10101.art users use crypto to buy these artworks, or can they also use fiat？

ph： 10101.art 用户是否使用加密货币购买这些艺术品，或者他们也可以使用法定货币？

AK: Our team is currently working on that matter. So, the only thing I can say is stay tuned for the updates on our social media! Well announce the start of fiat payments soon.

ak ：我们的团队目前正在处理此事。所以，我唯一能说的是，请继续关注我们社交媒体上的更新！我们很快就会宣布法定支付的开始。

PH: If an enthusiast wants to buy a whole artwork on 10101.art is that possible？

ph：如果一个爱好者想在 10101.art 上购买整幅艺术品，可以吗？

AK:It is possible, although it‘s an individual procedure. If you’re interested in buying a whole artwork, feel free to contact us and well figure it out.

ak ：这是可能的，尽管这是一个个人程序。如果您有兴趣购买整件艺术品，请随时与我们联系，我们会为您解答。

PH: What happens if all of the tokens for a particular artwork arent sold？

ph：如果某件艺术品的所有代币没有售出，会发生什么情况？

AK: If a painting is not completely sold within the allotted time, all issued NFTs are burned, and the refund option becomes available to users.

ak ：如果一幅画在规定时间内没有完全售出，所有发行的 nft 都会被烧毁，并且用户可以选择退款。

PH:Do art collectors receive proof of ownership when they buy an artwork piece on 10101.art？

ph：艺术品收藏家在 10101.art 上购买艺术品时是否会收到所有权证明？

AK: Of course. NFTs act as digital proof of ownership for the portion of the artwork purchased. They reside on a blockchain which tracks ownership and verifies its authenticity. Additionally, new artworks owners also receive a physical certificate of ownership upon purchase.

ak ：当然。nft 是所购买艺术品部分所有权的数字证明。它们驻留在区块链上，可追踪所有权并验证其真实性。此外，新艺术品所有者在购买时还会收到实物所有权证书。

PH: How do you decide which artworks to list on 10101.art？

ph：您如何决定将哪些艺术品列在 10101.art 上？

AK: Our goal is to provide people with the most promising pieces possible, and to achieve that, we rely on a team of highly respected art experts and dealers from around the world. They evaluate each artwork meticulously based on a number of key factors.

ak ：我们的目标是为人们提供最有前途的作品，为了实现这一目标，我们依靠来自世界各地的备受尊敬的艺术专家和经销商团队。他们根据一系列关键因素对每件艺术品进行细致评估。

One of the top priorities is artistic significance. We want to feature works by the most influential artists throughout history, those who have truly shaped the art world. These could be from any country or era, as long as their artistic impact is undeniable.

艺术意义是首要考虑因素之一。我们希望展示历史上最具影响力的艺术家的作品，那些真正塑造了艺术界的艺术家的作品。这些艺术家可以来自任何国家或时代，只要他们的艺术影响力不可否认。

Another important factor is recognizability. There‘s power in iconic styles. Our experts look for works with a clear artistic identity, pieces that are instantly recognizable by the artist’s signature style.

另一个重要因素是可识别性。标志性风格具有力量。我们的专家寻找具有明确艺术特征的作品，这些作品可以通过艺术家的标志性风格立即识别出来。

Finally, authenticity is absolutely crucial. Our team carefully examines all documentation associated with a piece, including expert reports, certificates of authenticity, and a clear ownership history. This process ensures that the artwork we offer is genuine and has a verifiable past.

最后，真实性绝对至关重要。我们的团队会仔细检查与作品相关的所有文件，包括专家报告、真品证书和清晰的所有权历史。这一过程可确保我们提供的艺术品是真品，并且有可验证的过去。

PH: When a new artwork is listed on 10101.art, how do you determine its valuation？

ph：当一件新艺术品在 10101.art 上架时，您如何确定它的估值？

AK:We obtain this information from our network of curators and art dealers and align it with our business model, sticking to the principle of making the work accessible to our collectors, while maintaining margins that allow the business to grow.

ak ：我们从策展人和艺术品经销商网络获取这些信息，并将其与我们的商业模式相结合，坚持让收藏家能够获得作品的原则，同时保持允许业务增长的利润率。

PH:How do you handle the physical storage and display of those artworks？ Are they displayed publicly？

ph：您如何处理这些艺术品的物理存储和展示？它们是公开展出的吗？

AK:Every artwork presented on 10101.art is stored in Monada Art gallery in Dubai, DIFC. The gallery opened in 2023 and is now our official partner on exclusive terms who shares our vision and mission to make art accessible.

ak ： 10101.art 上展示的每一件艺术品都存放在迪拜国际金融中心的 monada art 画廊。该画廊于 2023 年开业，现在是我们的独家官方合作伙伴，与我们有着共同的愿景和使命，即让艺术触手可及。

PH: Can art collectors visit the artworks they have bought to see them in real life？

ph：艺术收藏家可以亲临现场观看自己购买的艺术品吗？

AK: Yes. Monada Art is open for anyone who wants to see our collection in person and get closer to fine art. Every visitor is welcomed there, so if youre eager to visit the gallery we offer a tour with our gallery manager Dayana.

ak ：是的。monada art 向所有想亲眼观看我们的藏品并近距离接触艺术作品的人开放。我们欢迎每一位参观者，因此如果您渴望参观画廊，我们将提供与画廊经理 dayana 一起参观的机会。

PH:If an art collector wants to sell their NFTs at a later date, will 10101.art eventually offer a secondary market for this？

ph：如果艺术品收藏家希望在以后出售他们的 nft，10101.art 最终会为此提供二级市场吗？

AK: Yes, we‘re working on the development of a secondary platform. We’ll announce its launch soon on our social media. Keep posted!

ak ：是的，我们正在开发一个辅助平台。我们将很快在社交媒体上宣布它的发布。请继续关注！

PH: How has your background in finance influenced your approach to running 10101.art？

ph：您的金融背景对您经营 10101.art 的方式有何影响？

AK: My background in finance has been incredibly valuable in building 10101.art. You might think finance and art are separate worlds, but financial literacy is crucial in the art market as well.

ak ：我的金融背景对 10101.art 的创立非常有价值。你可能认为金融和艺术是两个不同的世界，但金融知识在艺术市场也同样重要。

For example, risk management is a core skill in both fields. As an art platform, we need to carefully evaluate artists, artwork provenance, and market trends. This financial lens helps me steer 10101.art towards pieces that hold strong potential for our users.

例如，风险管理是这两个领域的核心技能。作为一个艺术平台，我们需要仔细评估艺术家、艺术品出处和市场趋势。这种财务视角帮助我将 10101.art 引向对我们的用户具有巨大潜力的作品。

Strategic thinking is another big one. Finance is all about planning for the long term, and that‘s exactly what we’re doing at 10101.art. We‘re not just chasing the next hot artist or trend. We’re building a platform that will reshape the art market for years to come. It‘s about making high-value art accessible to a wider audience, while creating a new way to own a piece of art. By the way, let’s connect on LinkedIn if this idea resonates with you.

战略思维是另一个重要因素。金融就是长期规划，这正是我们在 10101.art 所做的。我们不只是追逐下一位热门艺术家或潮流。我们正在构建一个将在未来几年重塑艺术市场的平台。这是为了让更多观众能够接触到高价值的艺术，同时创造一种拥有艺术品的新方式。顺便说一句，如果这个想法引起了你的共鸣，请在 linkedin 上与我们建立联系。

PH: Can you offer our readers a sneak peek into any well known artworks you hope to list on 10101.art in the future？

ph：您能否向我们的读者透露一下未来您希望在 10101.art 上列出的知名艺术品？

AK: Every new artwork in our collection is a valuable masterpiece, so we‘re willing to make every new arrival special. We’re ready to surprise you, so stay tuned for the updates!

ak ：我们收藏的每一件新艺术品都是珍贵的杰作，所以我们愿意让每件新品都与众不同。我们已准备好给您带来惊喜，敬请期待更新！

PH: What are some of the most exciting trends youre seeing in the art market today？

ph：您在当今艺术市场看到哪些最令人兴奋的趋势？

AK: Real world assets are a huge trend in the art market today. More and more art tokenization platforms, such as 10101.art appear. Even apart from art, lots of other industries started to tokenize physical objects valuable in real life.

ak ：现实世界资产是当今艺术品市场的一大趋势。越来越多的艺术品代币化平台出现，例如 10101.art。即使除了艺术品，许多其他行业也开始将现实生活中有价值的实物代币化。

We in 10101.art are not just seeing this exciting trend, were leading it with a mission of making fine art more reachable.

我们 10101.art 不仅看到了这一令人兴奋的趋势，而且我们还以让美术更容易被人接受的使命引领着这一趋势。