FAQ

What is BullishArt?

BullishArt is an online NFT art gallery that curates the works of talented contemporary artists around the world.

What BullishArt offers?

This platform aims to help collectors and artists on the blockchain and guide them on how to best use these technologies that are usually quite difficult to approach for the standard user who is not familiar with the blockchain.

Artists’ illustrations and collections are supported in order to expose them to this new digital art market, where talent and creativity are securely shared and empowered.

How can artists benefit from BullishArt?

Through our platform artists are able to learn, share their art, reach even a greater public, as well as gain a financial return in a secured way, while being free to set the price and number of editions for their artworks.

How can collectors benefit from Bullish Art?

Collectors are able to buy art and trade it without worrying about authenticity issues and the crypto jargon barrier, while learning more about this technology little by little.

What is a blockchain?

Blockchain is a shared, immutable ledger that facilitates the process of recording transactions and tracking tangible or intangible assets in a business network. Each block of the chain contains a number of transactions. Every time a new transaction occurs it is recorded as a block of data and added to every participant’s ledger. Each block is securely connected to another, forming a chain of data every time an asset moves from place to place or ownership changes. These transactions are recorded with an immutable cryptographic signature called hash, that makes it impossible to tamper, hack or cheat the system.

What is a Non-Fungible Token (NFT)?

A non-fungible token is a digital asset that represents a wide range of unique tangible and intangible items, using blockchain technology. Unlike regular cryptocurrencies, NFTs cannot be directly exchanged with one another but have a distinct value. In addition, they cannot be divisible into smaller units, preventing the creation and circulation of fake collectibles because each item can be traced back to the original issuer. Since data is stored on the blockchain, NFTs are also indestructible, preventing a token to be destroyed, removed, or replicated.

NFTs have been mostly associated with the gaming industry and digital collectibles sectors and recently have gained popularity among digital artists because of their potential to securely tokenize their artworks and thus providing a way to transfer ownership of digital assets to holders. An NFT can be described as a certificate of authenticity.

When you buy an NFT using cryptocurrency, you buy the unique token and the work of art linked to that token.
That transaction is registered on the blockchain and provides a permanent and transparent record of that purchase and your proof of ownership.

What is a digital wallet?

A digital wallet is a software-based service that allows you to electronically and securely store your payment information and pay simply using your device.

What can I sell on BullishArt?

Artists can sell their own digital creations that will be purchased by a buyer who will be given the right to resell the creation to a future owner.

N.B. BullishArt does not gain any property right on the artist’s creation.

How do I sell digital creations on BullishArt?

When artists are interested in featuring their artworks on BullishArt, they will receive a form to fill out with some data. After approval of authenticity, artists are able to read and sign an agreement.

How do I upload my creations?

BullishArt will take care of featuring artists’ artworks on the platform. However, artists are free to set the desired price and number of editions.

How do I buy digital creations on BullishArt?

Collectors interested in buying artworks will have to own a digital wallet in order to proceed with the payment and receive the NFT. When collectors do not have a digital wallet yet, they can easily pay with Paypal and upon reception of the payment, they will be assisted by our team in the creation of their own wallet. They will then receive their NFT.

Learn more about BART token here

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BART token

To make the curation of your art more exciting we have launched BART, BullishArt token for our interaction.

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