Industry
Digital Art
Customer Profile
Kbean is an innovative mobile application focused on breaking down the barriers to participation in the Art market for Art creators and Art collectors alike.
Situation Analysis
The Art market is often hard to break into for new Artists and Art collectors on a budget. Gallery showings are often exclusive affairs with high price tags placed on Artwork. New Artists often struggle to get their Artwork in front of interested buyers. The Digital Art ecosystem gets even more convoluted as buyers meander down the path of making sure what they purchase is in fact the genuine article. There is a level of complexity and exclusivity in the space that gets in the way of great Artists showcasing their work and interested collectors enjoying that work.
Solution
Kbean’s mobile application breaks down these barriers allowing any Artist to upload his or her Artwork to the application for purchase. Providing a new avenue of exposure for up and coming digital Artists. Art collectors can browse through the application’s ecosystem of digital Artwork and make purchases to add pieces that interest them to their personal collections. Uniquely, Kbean users can choose to purchase Artwork by shares rather than purchasing the entire Artwork outright effectively reducing cost barriers. Once purchased, users can then stream Artwork to Kbean’s Fire TV & Apple TV applications so Artwork can be enjoyed on the big screen and shared with friends and family. If they’re inclined, users can also resell their shares on Kbean’s secondary market.
On the backend, each Artwork sold on Kbean has a unique set of tokens minted on the Ethereum blockchain. Each set of tokens store a hash of the uploaded Artwork so users can rest assured that what they are purchasing is in fact the Artwork that was originally uploaded to the system. That hash is secured by the blockchain and cannot be tampered with; if you own the token, you own a share of the original uploaded Artwork.
Artwork Browse Page
Purchase Artwork Page
My Collection(s) Page
Benefits
Kbean reduces the barriers for users to enter the Artwork ecosystem and reduces the concerns of buying digital artwork by securing original uploads directly on the Ethereum blockchain.
Technology Used
- React Native
- ASP.net Core
- Azure
- Mongo DB
- Ethereum
