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The All.Art protocol was launched in Q1 2021 with the aim of developing solutions to a number of existing problems within the NFT market. All.Art strives to provide ongoing liquidity to the NFT marketplace by introducing an AMM (Automatic Market Maker) liquidity pool, updating NFT standards, improving functionality and adding built-in licensing rights called NFT-PRO.
With the help of the NFT-PRO standard, artists can customize licensing rights for their artworks by embedding them into NFT-PRO smart contracts, ensuring a secure transaction for both artists and collectors. At the same time, the All.Art protocol establishes additional options for art ownership, exhibition and trade on the blockchain. The solutions offered by All.Art simplify the buying and selling processes for users, while removing some legal obstacles.
The project is deployed on the Solana blockchain, which provides the following advantages: fast and cheap transactions running on L1, scalability, low energy consumption and upgradable smart contracts.
All.Art uses its native AART token for transactions and powering the network.
