I can't say anything negative about Monart at the moment. This startup has a vibrant team staffed with experts in the respective fields; the concept is fresh and viable and the market for its realization is huge. One thing that bothers me, though, is that Monart may have bitten on a piece it wouldn't be able to chew. I mean that they are planning to maintain too many components of the ecosystem at once: the community, the marketplace, the galleries, and so on. In my opinion, it would have been better for them to start with a marketplace, bring it to perfection and then move forward.
To tell you the truth, I don’t really understand the idea of buying works of art online. Personally, I wouldn’t pay a hefty sum of money for a painting or a sculpture without seeing it first with my own eyes. That concerns only fledgling artists, of course, like the majority of those which Monart wants to promote. Nevertheless, I do recognize the potential that this blockchain platform has as a place where young talented people could showcase their works and share their experiences. But not so much as the marketplace, that would be way too risky.
From what I see, Monart has a large social media following, which is a good indicator that the project is capable of sparking interest. I have a few friends among artists whom I’ve asked to check out Monart for the purpose of determining the social value it might bring, as well as whether or not it is investment worthy. They all said in unison that Monart definitely has a bright future and that it may become the Klondike for the creative kind.
It was pointed out correctly that art also represents a store of value, though it is far less liquid than its counterparts. It is my opinion that Monart will do an extraordinary service to the art industry because it will tokenize the artworks and make them much more liquid. I would like to become a member of the Monart Community. Not as an artist, of course, but as a sophisticated investor who doesn’t mind seeing a painting by some promising young artist in my portfolio that might worth millions in the future.
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