The Freeport Art Platform put up four tokenized paintings by Andy Warhol-Bits Media for sale

Four works of pioneer pop art from the approved SEC Region Freeport collection will be sold through a new adjustable blockchain platform.

Freeport collection includes Andy Warhol's reproductions (Andy Warhol) "Marilyn", "Double Mickey", "Mick Jagger" and "Buntar Without Reasons ". Each of the four reproductions is released by a limited circulation in 1000 Lotov. The waiting list participants receive priority access to these digital art works. For the rest of the sale will begin 10 May.

How it became known to the media, despite , that works of art are involved in the trading proposal, In its internal content, tokenized assets are not NFT, And ERC tokens. Actually, They are fractional actions, And the acquisition procedure is equal to mini-IPO.

Reg A is a type of approval of the US Securities and Exchange Commission (SEC), which allows companies to sell ERC tokens, as if they were simple fractional actions. Previously, the regulatory authority provided the Freeport Art Platform with the corresponding resolution.

In September 2021 the Russian Hermitage has launched the year
Sale of tokenized works of art on the Binance exchange. The St. Petersburg Museum sold five NFT and helped out for them 32 million rubles.