DMT.R

A “Digital Original” of an artwork refers to a digital representation that captures the essence, detail, and authenticity of a physical artwork with high-resolution imaging and verified ownership data. This type of digital asset is created using advanced Digital Light Capture Technology and preserved on blockchain to ensure the original artwork’s unique properties and ownership history are recorded transparently and securely.

Here’s what makes a Digital Original distinct:

• This digital transformation allows artworks to reach new collectors and digital art enthusiasts, offering galleries, museums, and artists a way to engage with audiences in virtual and digital spaces while retaining authenticity and exclusivity.
• Blockchain Integration: These digital assets are stored on blockchain networks, often as non-fungible tokens, linking them to a unique digital signature and tracking provenance and ownership history.
• Verification of Authenticity: Digital Originals are authenticated by the owner or authorized institutions, establishing a secure link between the physical artwork and its digital counterpart.
• Accessibility and Preservation: By creating a Digital Original, the artwork can be preserved digitally, making it accessible to global audiences and protecting it from physical risks like deterioration or damage.

This digital transformation allows artworks to reach new collectors and digital art enthusiasts, offering galleries, museums, and artists a way to engage with audiences in virtual and digital spaces while retaining authenticity and exclusivity.

A Digital Common refers to a distinct digital artwork or creative expression presented directly by the creator or their authorized representative. A Digital Common can manifest in a wide variety of formats, reflecting the versatility of the digital medium, including but not limited to digital art, 3D art, animation, video art, generative art, multimedia compositions, etc. 

Here’s what makes a Digital Common distinct:

• Digital Common allows artist who works at the intersection of art and technology to reach new collectors and digital art enthusiasts, offering galleries, museums, and artists a way to engage with audiences in virtual and digital spaces while retaining authenticity and exclusivity.
• Versatility: The digital medium allows for limitless exploration of styles, techniques, and forms.
• Blockchain Integration: These digital assets are stored on blockchain networks, often as non-fungible tokens, linking them to a unique digital signature and tracking provenance and ownership history.
• Accessibility: Digital Commons can reach global audiences through online platforms, democratizing access to art and creativity.

Here’s a quick guide for purchasing an asset (a Digital Original of an artwork or a Digital Common) via direct sale:

1. Connect Your Wallet: Click 'Connect Wallet' at the top of the page and follow the prompts in your wallet interface.
2. Browse and Select Artwork: Browse available assets and select any one you’d like to purchase.
3. Confirm Payment: Click “Purchase,” review the transaction details, and confirm the payment in your wallet.
4. Transaction Confirmation: Wait for the blockchain confirmation. Once complete, you’ll see the asset in your wallet.
5. View and Manage: Now you own the asset and can view, hold, or transfer it as desired.

If you don’t have a crypto wallet, please pick an ERC-20 compatible wallet like MetaMask or Trust Wallet, set it up, and don’t forget to save the recovery phrase. It’s crucial to keep it safe and private. Do not share your recovery phrase with others, as doing so could put your account and funds at risk.  

Fund your crypto wallet with USDC and Ethereum (ETH) for transaction fees. If you use MetaMask then you can do it right in your wallet. You must have an amount bigger than the asset's price +100 USDC for the storage fee for a century.

That’s it! You’ve made a secure digital art purchase.

There is a guide on how to participate in an auction: 

• Connect your crypto wallet: to participate in an auction, you must connect your crypto wallet (ERC-20) containing the required funds of ETH and USDC. Click 'Connect Wallet' at the top of the page and follow the prompts in your wallet interface.
• Browse and select available auctions: You can explore the auction listings and view details about each asset, including starting bids, auction duration, and artist information.
• Bidding Process: Once you express interest, you can bid on the asset of your choice. Each bid must exceed the previous one by a specified increment, which varies depending on the asset's price range. This encourages competitive bidding.
• Bid Monitoring: You can track your bids and receive notifications. If outbid, you can place a higher bid before the auction ends. All participants who placed lower bids will receive refunds to their crypto wallets as soon as a higher bid is made. However, the Ethereum blockchain network commission is not refunded in this case.
• Auction Conclusion: At the end of the auction, the highest bidder receives the asset (a Digital Original of an artwork or a Digital Common). The transaction is confirmed via a smart contract that automatically transfers the token and distributes royalties accordingly.
• Royalty Payments and Fees: You should be aware that a storage fee will be added to the initial auction price. These fees support the platform and ensure that the artwork’s image is stored on the blockchain and Digital Original servers for 100 years.

If you don’t have a crypto wallet, please pick an ERC-20 compatible wallet like MetaMask or Trust Wallet, set it up, and don’t forget to save the recovery phrase. It’s crucial to keep it safe and private. Do not share your recovery phrase with others, as doing so could put your account and funds at risk.  

Fund your crypto wallet with USDC and Ethereum (ETH) for transaction fees. If you use MetaMask then you can do it right in your wallet. You must have an amount bigger than the asset's price +100 USDC for the storage fee for a century.

By following these steps, you can confidently participate in auctions, supporting artists and the growing digital art market. 

To view the asset (Digital Original of the artwork or Digital Common) you purchased in your crypto wallet, there are two main ways:

• Viewing on Our Website: Connect your crypto wallet where the asset is stored, then navigate to the "My Collection" section. Here, you’ll see your token with a link to a detailed view on a separate page. This method provides a more user-friendly experience, and we recommend using it.
• Viewing in Your Crypto Wallet: Log in to your crypto wallet and go to the "NFT" tab to see your tokens. If the token doesn’t display, you can add it manually by entering the contract address: 0x653cdB21a83b59374C194002Da332D683F5678aA and the token ID. Once added, the token should appear and be available for interaction. You can also view your asset in a blockchain explorer like Etherscan or on platforms like OpenSea.