Free idea.

Start a DAO to purchase physical art and tokenize it.

Two options:

ERC20 Fractionalization Approach

  • buy physical art and fractionalize ownership
  • but why? what does this accomplish?
  • basically nothing more than inflating art value without additional utility, as a byproduct of drawing more eyes and attention to it

ERC721 NFT Liquidity Approach

  • bootstrap a treasury
  • propose purchases
  • leadership handles physical receipt
  • safe storage in physical vault
  • every acquisition mints a deed held in DAO vault
    • (certificate of authenticity can be embedded, for what that may be worth)
  • future sales include NFT deed
  • improves liquidity of the physical art market

Nebulous DAO or registered with the JRS, it should be built with the following mission items:

  • collect valuable and historical pieces (even exhibit them)
  • enable a better and more liquid marketplace
  • trade the rights to pieces without necessarily taking physical delivery