Krayon Network KRYPrice $ 0.384

Krayon Network is a platform that uses blockchain and AI technologies for managing art investments. It is a decentralized system that allows artists, investors, galleries, and administrators worldwide to display, trade, and evaluate artworks. By using blockchain, Krayon ensures that all fine art is systematically recorded on the blockchain. This provides a level of anonymity, transparency, and liquidity. The platform also helps address issues related to appraisal, authentication, and information asymmetry.

Krayon's system records artworks on the blockchain, which helps track ownership and provenance. It also uses AI for tasks like verifying artworks and evaluating their value. The decentralized nature of the platform allows for the creation of digital shares representing ownership in artworks, which can facilitate fractional ownership.