Introducing DiscoverArte
- DISCOVERARTE
Quantum Projects Group’s extraordinary collaboration with EPEIUS, a technology and branding company with offices in Los Angeles and five other global cities, creates advanced solutions to global security and compliance standards in the Web3 universe with secure and scalable tech stacks on the Bitcoin and Ethereum blockchains.
The Bitcoin protocol, involving Bitcoin the cryptocurrency, is utilized for Bitcoin Ordinals, assets that have data inscribed on individual tokens called “satoshi’s.” Every satoshi is given a serial number based on the order in which it was mined (created.) These numbers are called ordinals and they allow the blockchain to track where every satoshi is and who owns it.
The Ordinals protocol assigns more information to the serial numbers of each satoshi, the smallest Bitcoin unit. This extra data is called an inscription. A single bitcoin can be divided into 100 million satoshi’s, each worth 0.00000001 BTC (bitcoin.)
BRC-721 is a protocol on the Bitcoin blockchain that allows users to create, own, and transfer non-fungible tokens on the blockchain. BRC-721E is an extension of BRC-721 that allows users to bridge NFTs from the Ethereum blockchain to the Bitcoin blockchain.
The Ethereum blockchain is employed to utilize Smart Contracts, computer programs that automatically execute agreements between parties when certain conditions are met. The ERC token is the most widely used standard for NFTs. ERC stands for “Ethereum Request for Comment”, a protocol standard for proposing improvements on the Ethereum blockchain.
ERC-721 is a Non-Fungible Token Standard that implements an Application Programming Interface (API.) It’s a set of rules that allow software applications to communicate with each other. APIs are used in many ways every day. The application that sends the request is called the client and the application that sends the response is called the server. Common everyday uses include e-commerce transactions on Amazon, eBay, Shopify, travel booking site information, mobile payments and different aspects of mobile banking and changing your thermostat temperature from your phone.
ERC-721 tokens are popular for creating NFT enabling the representation of unique digital assets such as artwork, collectibles, and in-game items. ERC-721 tokens can only be traded one at a time.
ERC-1155 tokens can be used for fractional ownership or as a form of currency. ERC-1155 tokens can be traded in bulk.
DiscoverArte Initiative Adds Artists to the NFT Roster
The technology created in partnership with EPEIUS is supported by the immutable design and transparency of the Bitcoin and Ethereum blockchains and their demonstrable characteristic of cryptographic security.
Cryptography is a fundamental component of blockchain technology, the foundation for ensuring the security and integrity of data transactions. As defined, a blockchain is “a distributed database that maintains a continuously growing list of ordered records, i.e., blocks. These blocks are linked using cryptography (the practice of hiding or coding information to ensure that only the intended recipient can read it.) Each block contains a cryptographic hash, i.e., digital inputs of a specific length, of the previous block, a timestamp and relevant transaction data. Everyone with access to the network has access to all the transactions and data on the network.
We will explore blockchain integration of fractional art ownership and investment in the future as a popular technique that allows everyday investors to own a share of a particular artwork.
An investor can own a piece of a Van Gogh or a Picasso without the financial burden of being a sole owner. It is suitable for investors seeking portfolio diversification.
NFT Fun Fact
The first NFT, “Quantum,” was minted by Kevin McCoy in 2014. That NFT sold at Sotheby’s auction for $1.5M. Some other notable NFT sales include Beeple’s “The First 5,000 Days” which sold for $69M and “The Bitcoin Angel” by Trevor Jones which sold for $3.3M.
EPEIUS
Epeius is a demonstrated leader in the tech industry for delivering software options to interface and safeguard sensitive data over diverse platforms in the Web3 universe. The Web3 convergence of blockchain technology and cryptocurrency will empower a global market of millions of participants to invest, trade and speculate in a curated collection of art masterworks integrated into two newly designed blockchains created by Epeius. Blockchain technology offers a surprising approach to addressing long-standing issues in the art world like authentication, provenance and orderliness of transactions.
The team will inaugurate effective strategies in a software system for Quantum Projects Group over the Bitcoin and Ethereum blockchains. The blockchains offer superlative accessibility with particular security for instantaneous transactions for any type of Real World Asset (RWA) in a niche sector of the art market described as a Prestigious World Asset (PWA), i.e., the QPG Art Collection or digital representations, i.e., Non-Fungible Tokens (NFTs.)
A suite of blockchain-integrated products will record and retrieve data in blockchain applications known as smart contracts.
The Bitcoin protocol, one of two blockchains, involves bitcoin (the cryptocurrency) is designed for Bitcoin Ordinals, assets that have data inscribed on individual tokens called “satoshis.” satoshis are a fraction of a single bitcoin. A single bitcoin is divided into 100 million satoshis, each worth 0.00000001 BTC (bitcoin.) Every satoshi is given a serial number based on the order in which it was minted (created.) These numbers are called ordinals and they allow the blockchain to track where every satoshi is and who owns it.
The Ethereum protocol, second of two blockchains, provides the technology to generate smart contracts, computer programs that automatically execute agreements between parties when certain conditions are met.
Epeius has done definitive market research so you don’t have to. A blockchain’s total value is calculated by its current market cap (MC). Market cap represents what the total worth investors and markets are currently valuing a chain’s currency (cryptocurrency) for active trading and investing. Bitcoin (BTC) is the most valuable chain measured by MC with a current value of $1.32 trillion USD. Ethereum, (EVM Mainnet) is the second most valuable blockchain with a total MC of $421 billion USD.
Ethereum has a diverse ecosystem of sub-chains (on chain L-2) that work inside the Ethereum chain’s software and allow for an overlap in trading, investing and spending of cryptocurrency and assets across the EVM Mainnet combined with sub-chains separately to simplify value tracking. All combined Ethereum chains have a value of 540.1 billion USD.
A crypto wallet is a digital tool that stores the private keys for cryptocurrency which allows access and management of digital assets. Crypto wallets can be physical devices, programs or online services.
Ethereum has 273 million wallets in its network; Bitcoin has approximately 460 million based on the number of unique addresses.
Bottom Line: Bitcoin and Ethereum are widely supported for demonstrable dominance. Accessing, protecting and maintaining wealth on each chain is supported by numerous verified applications and tools. From Bitcoin ATM’s to investment in ETF’s, Bitcoin and Ethereum are extremely stable and accessible storages of value. The user can make transactions as transparent and opaque as desired and the ease of capital to enter and exit the blockchains is a major plus factor.
NFT Fun Fact
Ethereum was designed as a blockchain to power decentralized applications (dApps.) Dapps are software programs that run on a decentralized network and are powered by cryptocurrency. Dapps use smart contracts to operate autonomously without human intervention. They are open-source (allows users and developers to modify, use, redevelop and distribute the blockchain’s software) with enhanced security and transparency. They are accessed with a crypto wallet (a hardware device or software program that provides you with a storage solution for your cryptocurrency.) Two popular wallets are Coinbase Wallet, a multi-asset crypto wallet that is available as a Chrome extension and smartphone app and Guarda Wallet, top choice for best overall crypto wallet which offers web, desktop and mobile wallets.
Essentially, Epeius’s design will enable QPG, in an unprecedented approach, to sell PWA’s by creating marketable financial instruments, transforming them into tradable securities.
The Epeius team combines skill sets in advanced web security systems, compatibility interfaces for user management and financial compliance across national and international borders in the distributed databases of blockchain technology to solve the complex security and provenance authentication of Prestigious World Assets like the Collection. It is a proactive approach informed by some of the most advanced minds concerning the features and functionality of the kaleidoscopic web application industry.
A tech company based in Florida will assist the Epeius team in the important authentication process of the individual works by creating a Near-Field Communications Chip attached to the framework of each individual artwork. The NFC Chip verifies the authenticity of the Prestigious World Assets and the linkage of all the subsequent manifestations, ensuring integrity and Collector trust as well as enhanced collectability. It will also allow a stunning visual approach to the artwork in a way previously unimagined.
The fusion of novel Web3 technologies will basically present each chosen piece as an orchestrated event. How will this happen?
High-resolution 3D Scanning will produce a precision image of every brushstroke and landscape texture of each PWA. Photogrammetry creates detailed, textured 3D models of each piece. An immersive experience with the art will be enhanced with dynamic lighting and 3D audio engineering. Augmented Reality (AR) integration will enable the user to interact with the art, even placing it in various environments. And then there is the Artificial Intelligence aspect of the venture. Conversations with the artists can be simulated with AI-driven Artist Avatars and Natural Language Processing allows for a realistic and dynamic dialogue with the Avatars.
These enhancers will establish a longer-term monetary opportunity. They would create a historical context with a potential educational outreach that would allow for passive revenue to continue through the DAO, a Decentralized Autonomous Organization that would mentor new artists and promote community involvement.
The DAO will play a central role in fractional art purchasing and NFT investment and the lucrative merchandising asset. A complete explanation of the DAO will follow in a 2025 MANIFEST.
Cultural significance plays a key role in the adoption and valuing of any product. Art provides a window into different eras and cultures, allowing us to reflect and appreciate our Collective heritage. It speaks a universal language that everyone, regardless of background, can understand and relate to. Bitcoin’s narrative holds a significant place in the global conversation for financing, collecting, and alternative banking. Ethereum has captured the cultural zeitgeist by becoming Silicon Valley’s focus for futuristic investment and a launchpad for artistic innovation.
The culture of the Bitcoin and Ethereum chains has built-in added value. A masterpiece with Bitcoin provenance is an enhancer. Minting a product associated with a legendary artist on Ethereum-supported software instantly adds cachet to that asset.
The DAO will play a central role in fractional art purchasing and NFT investment and the lucrative merchandising asset. A complete explanation of the DAO will follow in a 2025 MANIFEST.
Cultural significance plays a key role in the adoption and valuing of any product. Art provides a window into different eras and cultures, allowing us to reflect and appreciate our Collective heritage. It speaks a universal language that everyone, regardless of background, can understand and relate to. Bitcoin’s narrative holds a significant place in the global conversation for financing, collecting, and alternative banking. Ethereum has captured the cultural zeitgeist by becoming Silicon Valley’s focus for futuristic investment and a launchpad for artistic innovation.
The culture of the Bitcoin and Ethereum chains has built-in added value. A masterpiece with Bitcoin provenance is an enhancer. Minting a product associated with a legendary artist on Ethereum-supported software instantly adds cachet to that asset.
Jean-Michel Basquiat
Jean-Michel Basquiat was an American artist who achieved notoriety in the late 1970s in the hothouse atmosphere of the Lower East Side of Manhattan. Rap, punk, and street art coalesced into early hip-hop culture. Basquiat was part of a duo, SAMO, that scribbled graffiti in enigmatic epigrams all over Manhattan but especially in Lower Manhattan.
Graduating to painting, he married text and image, abstraction, and figuration with historical critique. He used social commentary in his paintings as a tool for introspection and for expressing his experiences in the black community. (See Jean-Michel Basquiat’s bio in the Art Gallery.)In the early 1980’s Basquiat began an association with an unlikely ally, Andy Warhol. Basquiat, the scruffy, charismatic graffiti artist of Haitian and Puerto Rican descent teamed with Warhol, the global celebrity and icon of Pop Art. Their collaboration, from 1983 to 1985, produced around 160 works.
Typically, Warhol would start by tracing a Pop Art symbol or a news headline onto a canvas using his overhead projector; then Basquiat would add a symbol, picture, or words to his Neo-Expressionistic style. The artists would take turns adding multiple layers. Their collaborations show the stark contrasts between their artistic styles and creative perspectives.
Johannes Vermeer
Johannes Vermeer or Jan Vermeer was one of the greatest painters of the Dutch Golden Age. He produced relatively few paintings because he worked slowly and with intense attention todetail. Vermeer is explicitly renowned for creating a masterful use of light in his paintings. He specialized in domestic interior scenes of middle-class life that are apparently set in two small rooms in his Delft residence. They reveal the same arrangement of furniture and decorations and often portray the same people, mostly women.
Vermeer was nicknamed “The Sphinx of Delft” because relatively little was known about his early life until recently and that information was primarily gleaned from Delft city archives and comments from other artists. Vermeer’s mother. Digna Baltens was from Antwerp and his father, Reijnier Janszoon was a middle-class worker of caffa (a mixture of silk and cotton or wool.)
Vermeer’s father ran an art business selling paintings in Delft. His acquisition of an inn on the market square became a considerable financial burden in later years and when Reijnier died in 1652, Vermeer took over the operation of the family business. It is unclear where or with whom Vermeer apprenticed as a painter. Some scholars suggest that he taught himself using information from his father’s connections in the art business.
Vermeer’s style is similar to the Utrecht Caravaggists, a style that depicts paintings-within-paintings in the backgrounds of several of his compositions.
Vermeer worked slowly and probably completed three paintings a year. He was a respected artist in Delft but was almost unknown outside his hometown. Several factors contributed to his limited body of work. He was acting both as an innkeeper where his art business was situated, actively running that business, and head of a trade association for painters at the same time. And then there was the fact that Vermeer and his wife Catharina Bolnes had 15 children, but four died before being baptized.
Johannes Vermeer’s art was principally genre pieces and portraits with the exception of two cityscapes and two allegories. His subjects represent a cross-section of 17th-century Dutch society. In his oeuvre, only about 20 pigments have been detected. There is no other 17th-century artist who employed the exorbitantly expensive pigment ultramarine which is derived from natural lapis lazuli.
Vermeer’s painting techniques have long been a source of debate given their almost photo-realistic attention to detail despite Vermeer’s having no formal training and despite only limited evidence that he created any preparatory sketches or traces for his paintings.
The sparkling, pearly highlights that are a trademark of Vermeer’s style have fascinated scholars for years. Some argue that the luminescence is a result of a camera obscura lens producing halation. A camera obscura is a forerunner of the modern camera. It consisted, in the beginning, of a room and then later of a portable box with a small opening on one side. Light reflected by objects in the natural world enters the box through a lens set into the opening and projects an image onto the opposite surface. Artists used the camera obscura to create detailed, realistic drawings by projecting an image of a scene onto a piece of paper and tracing over it. It was an effective way for capturing perspective.
There is no historical evidence regarding Vermeer’s interest in optics and a detailed inventory of his belongings after his death includes no camera obscura or any similar device.
Interestingly, Vermeer had a close relationship with Antonie van Leeuwenhoek, a pioneer lens maker who was also his executor after his death.
Johannes Vermeer produced a total of fewer than 50 paintings, of which only 34 have survived.