I.

From Museums to The Metaverse

MIDA offers institutions a new way to valorize the masterpieces they preserve through the creation and sale of unique NFT artworks to the Metaverse’s collectors.

MIDA creates value, innovates and connects people promoting the collective Cultural Heritage.

II.

The Process


DIGITALIZATION

A high-definition digital format of the artwork is acquired through hi-tech cameras or Artec 3D scanners.


CREATION

Two digital works are created from the physical masterpiece; the files obtained are edited in the highest definition.


AUTHENTICATION

The rights holder of the artwork digitally signs the copies authenticating them.

SMART
CONTRACT

The resulting files are bound to a $MIDA smart contract and become an NFT.


AUCTION

One copy is kept in the museum while the other is commercialized via auction.

III.

Value through Utility

COLLECTING

The opportunity to be the only ones to own masterpieces, impossible to possess in the physical world, represents an unprecedented opportunity for collectors all over the world.

NETWORK

The NFT artwork serves as a membership card for access to an elite community of art enthusiasts, industry professionals and emerging artists.

EXPOSITION

Metaverses reinforce novelty by providing a new social space of fruition and exhibitions where important private collections can be appreciated and valorized.

EVENTS

Owning MIDA’s NFTs guarantees access to VIP off-line and virtual events in exclusive locations where it’ll be possible to meet and connect with like-minded people.

IV.

The Auction

The auction is fully managed on-chain through a dedicated smart contract, ensuring transparency, confidentiality and regularity of execution for all the parties involved. At the end of the auction, the majority of the proceeds are remunerated to the right holder of the Artwork.
In addition, the institution earns the right to half of the 7% Royalty charged on every trade involving each NFT Masterpiece in the secondary market.

CONFIDENTIALITY

REGULARITY & TRANSPARENCY

IMMEDIATE
TRANSACTION

TRACEABILITY

V.

Value Preservation Agreement

The NFT and traditional art market both rely on the same fundamentals: authenticity and uniqueness. Therefore it is mandatory for MIDA to guarantee these two characteristics to collectors, and above all to institutions, whose potential income is tied to the maintenance of these two pillars.

For this reason, we demand reciprocal commitment between the company and the Museum, through contract, that no other NFT copies of the same work will be produced besides the one kept by them and the one destined to be commercialized through auction, in order to preserve the value of the NFT Masterpieces on the market.

VI.

Who our service is for

Galleries and living artists

Following the same formula, 2 NFTs are created from the physical work, the first one remains tied to the physical alter ego as a certificate of authenticity while the second one is sold within the blockchain and acts as a membership card to access the artist's network. This allows traditional art collectors to obtain a direct relationship with the artist and for the latter to gain the loyalty of his audience, doubling at the same time his revenue stream to finance his artistic research and to create new ones in the long term through the sale’s royalties in the secondary market.

Emerging Artists

There are many artists loyal to traditional paper-based techniques using brushes, tempera and chisel who have not been able to take advantage of these new NFT technologies. It is to this particular type of user that our launchpad system has been dedicated. In fact, through the help of our staff of curators and art critics, we will select the physical artists who have demonstrated the potential for growth. The analysis of the appreciation demonstrated by the users in the platform will be the decisive factor in choosing the artists who will be supported and sponsored by MIDA in the launch of their collection.

Metaverses

What the currently existing Metaverses and those in the creation phase have in common is the need to provide valuable experiences to their users. That is why MIDA offers NFT artifacts such as historical swords and armor not only for exhibition purposes but also for their active use within these gaming ecosystems. Even monuments can be digitized and implemented on the main metaverses giving the opportunity for people all around the world to experience them and to the Metaverses that host them to become a destination for this new meta-tourism.

VI.

Our Impact

PROBLEMS
Solutions
NFT MARKET
Scarcity of certified artworks

Market saturated by algorithmic collections of NFT JPGs

Digitalizion and embedding on Blockchain, with creation of NFTs authenticated by the owner of the physical Masterpiece.
INSTITUTIONS
Lack of funds
No access to 2 trillions of crypto market
Auctioning of NFT Masterpiece in the majors crypto marketplaces remunerating the majority of the proceeds to the right holder of the physical artwork.
CREATORS
Low international visibility
Limited opportunities to meet possible Patrons
Centralized system of visibility
Social Layer with decentralized system of visibility based on allocations in social SDH tokens.
VII.

Partners & Backers

Borella-Sartorato

Law Firm

Chainlab

Incubator

R&B4Culture

Museum Management

Chainlink

Blockchain Oracles

Crowdcreate

Marketing Agency

Multichain

Cross-Chain Router

Coindor

Accelerator

Astorts Group

Fintech Firm

IIX.

Whitepaper

IX.

As Seen On