Project development proceeds through four phases: laying foundations, connecting the world, stable iteration, and RWA asset autonomy
The ArtStar project develops in four phases: laying foundations, connecting the world, stable iteration, and RWA asset autonomy. Each phase focuses on advancing the overall vision of a global digital asset center for cultural relics and artworks. Below are the objectives and overview of each phase.
Phase 1 Laying Foundations (Discovery and Validation)
Focus: establish the community economic model, inject the first batch of USD 10 million in cultural relics and artworks, conduct RWA issuance, and build the initial community.
Bring together global leaders in cultural relics and art, technology experts, finance professionals, and community leaders to form the initial professional team, establishing the RWA community economic model and operating standards for cultural relics and artworks.
Provide the first batch of physical cultural relics and artworks valued at over USD 10 million. Form an RWA Asset Oversight Committee to work with authoritative third-party appraisal institutions to verify authenticity and assess value of physical assets, ensuring value and provenance before tokenization.
Establish deep partnerships with museums, private collections, and auction houses. Through DAO governance, review and admit high-quality, large-scale, and valuable RWA assets onto the platform to expand ArtStar’s asset scale.
Build a Layer-2 network. Open the technical architecture to support innovative activities such as asset staking, lending, and financial derivatives; support multi-scenario ecosystem applications including lending of cultural relics and artworks, physical derivatives, immersive metaverse experiences, and auctions; and promote investor returns and community contributions.
Upgrade ArtStar Layer-1 and Layer-2, coordinate with stablecoin main-chain network technology and business logic, and optimize DAO decision-making mechanisms.
Achieve 100% free circulation of ArtStar with no definitive maximum beneficiary. Realize full autonomy across the main-chain network, economic ecosystem, and community.