Four Advantages of Tokenization in Art In this section,we will explore four essential benefits of tokenization in art, a process that has pushed the boundaries of creativity and investment:

Global Accessibility: Tokenization in art has broken down geographic and economic barriers. By democratizing access to art, tokenization removes traditional restrictions that often limit art appreciation to those with the ability to pay for tickets or make trips. This approach not only opens the doors of creativity and culture to a wider audience, but also transforms the way we conceive of the art experience, making cultural richness just a click away.

New Financing Model: The inclusion of artworks in digital assets has given rise to tokenized art as a form of investment. Investors can acquire fractions of artworks through tokens, diversifying their portfolios without physically owning the artwork.

The Royal Museum of Fine Arts Antwerp (KMSKA) in Belgium made history by becoming the first European museum to tokenize a work of art. The chosen piece was “Carnaval de Binche” by Belgian painter James Ensor (1860-1949). In a pioneering gesture, the museum allowed anyone interested to acquire a fraction of ownership of this work starting at 150 euros. This project was made possible thanks to the collaboration between KMSKA, Tokeny and the company specialized in blockchain art, Rubey.

tell me stackers other advantages of tokenization of artworks in our modern society and how it influences a new financing model for artists.