It is virtually impossible to prove ownership and provenance of digital fine art pieces. They are not tangible enough. As a result digital art is not being treated as an investment or store of value.
Art in general is traded via opaque personal relationships, leaving it open to multiple layers of fees (20%-50%), and high incidences of fraud (15%-40%).
Lack of technology in the current art market to register, track, purchase, trade, insure and transport art is making all art related processes time consuming, manual and prone to errors.
Unique digital fine art file comes directly from the artist, stored securely in the cloud with access only to blockchain certified collector
New blockchain enabled business model, allowing artists and galleries to participate in appreciation of the value of their work and transactions on the secondary market through the carry commission. Investors can support artists as patrons and participate in the future profits created by their works. New ways to issue editions and offer lower barriers of entry for investors and popularize art among wider audiences
Orion Vault builds ecosystem providing scholarships, competitions, education and donations to support up and coming artists
Automatic and effortless integration of unique ownership tracking for all transactions on the Orion Vault platform
Users can remain anonymous. Trusted transactions due to blockchain ownership tracking. No need for multiple middlemen on the secondary market, users trade faster and retain more profits
Thanks to blockchain automation and direct interactions between users Orion Vault can offer significantly lower fees than currently available. Fees are coded on blockchain and visible to all
Make money on new, trusted and secure investments
Orion Vault creates a new, secure, fast and profitable store of value. We are building on tested throughout centuries investment opportunities, bringing them into the digital age.
Make money to create and curate
Orion Vault creates a new revenue stream for artists and galleries, by opening a new way to sell art and widening audience, especially to younger and tech-smart investors.
Artist and Galleries benefit not only in the moment of the first sale of the art piece, but also they get a lifetime of carry commission, participating in the profits from the secondary market.
Orion Vault Platform offers fully managed process making it easier for artists and galleries to sale and archive their works.
Preserve world’s culture
Orion Vault will create the richest repository of human digital arts and culture. Investors can choose to make the works public on Orion Vault Platform, just like they would do with physical ones when lending them to museums or galleries. Investors always retain full ownership of tradeable unique certificates on blockchain.
The Art market offers a sizeable opportunity, currently around $50bn. Initially, we will focus on capturing a leading share in online art market, currently at $4bn and the fastest growing segment. Later we will focus on capturing new investors and new funds coming into the art space, approximately $100bn over the next 5 years.
Orion Vault charges 5% on all trades on the platform, which is four to ten times less than the currently available solutions. In case of primary market, 95% of sales value goes to the Artists, Gallery or Art Institution who listed the artwork. Orion Vault only works with the primary owners/creators of art to ensure full authenticity of the artwork
For the first time, the original creators, backers and curators of art will be able to participate in the secondary market. This will allow e.g. artists to participate in appreciation of value of their art and create a constant, and for lifetime stream of revenue for them
Co-Founder / Chief Executive Officer
Successful entrepreneur, building companies from zero to global operations
Co-Founder / Chief Product Officer
Building digital platforms for Google, from scratch to millions of users
Head of Platform Technology
Blockchain developer with 5+ years experience at Google
Head of Creative Strategy
Experience at Facebook, Google, Wieden+Kennedy, startup co-founder
Entrepreneur, founder, investor and active board member at Falcon Private Bank and Crypto Finance Group
We are incorporated and based in Zug, Switzerland - the heart of Crypto Valley. At the roots we are a family company, joined by friends and collegues with whom we worked over the years.