What is ARTE?

$ARTE is a utility token with a buyback-and-burn mechanism (we are using 5% of ArtPunks royalties to burn $ARTE), as well as multiple utilities related to the ArtPunks NFT collection.

Full description of ARTE

$ARTE is a utility Token (?) with a buyback-and-burn mechanism (we are using 5% of ArtPunks royalties to burn $ARTE), as well as multiple utilities related to the ArtPunks NFT (Non-Fungible Token) (?) collection. With $ARTE, holders will be able to: -Upgrade their ArtPunks NFT via the ‘Restoration’ system. -Purchase ArtPunks Paint Palettes to change the painting style of ArtPunks. -Enter lotteries for physical works of art as well as NFTs. -Purchase subscriptions to an educational virtual art gallery. -Use it to create ""Landscape NFTs"" - low supply, upgradeable, gamified NFTs. In short, the $ARTE token will be the fuel of the ArtPunks ecosystem - in all of the above utilities, used $ARTE will be burned - reducing its supply and increasing its value! More info in litepaper: https://art-punk.gitbook.io/usdarte-token/
  • Exchange symbol (?): ARTE
  • Cryptocurrency type (?): Token (?)

ARTE for developers

ARTE social sites

 Source: NOMICS