Video about $ARTE and its utilities
$ARTE is a utility token with a unique buyback-and-burn mechanism, as well as multiple utilities related to the ArtPunks NFT collection. With $ARTE, holders will be able to:
- Upgrade their ArtPunks NFT via the ‘Restoration’ system.
- Purchase ArtPunks Paint Palettes to change the painting style of ArtPunks.
- Enter lotteries for physical works of art as well as NFTs.
- Purchase subscriptions to an educational virtual art gallery.
- Use it to create "Landscape NFTs" - low supply, upgradeable, gamified NFTs.
In short, the $ARTE token will be the fuel of the ArtPunks ecosystem - in all of the above utilities, used $ARTE will be burned - reducing its supply and increasing its value!