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 Institutions, through a contract, that no other NFT copies of the same work will be produced besides the one kept by them and the one commercialized through auction, in order to preserve the value of the works placed on the market.
Last modified 1yr ago