Verisart

Verisart

Provides blockchain-based digital certificates for art

About Verisart

Simplify's Rating
Why Verisart is rated
B
Rated B on Competitive Edge
Rated A on Growth Potential
Rated C on Rating Differentiation

Industries

Crypto & Web3

Consumer Goods

Company Size

1-10

Company Stage

N/A

Total Funding

$5M

Headquarters

Los Angeles, California

Founded

2015

Overview

Verisart provides digital certificates that authenticate the history and creation of art and collectibles using blockchain technology. Their service allows artists, collectors, galleries, and museums to create secure and tamper-proof records of ownership and provenance. Users can generate these certificates easily through a mobile device or computer, ensuring a straightforward process. Unlike traditional methods, Verisart's certificates are encrypted and timestamped on a decentralized ledger, making them highly secure and unchangeable. The company differentiates itself by aiming to set a global standard for art certification, focusing on transparency and security in the art market. Verisart's goal is to protect and verify records of creation and ownership, enhancing trust in the authenticity and value of artworks.

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Significant Headcount Growth
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Simplify's Take

What believers are saying

  • Increased interest in fractional ownership boosts Verisart's fractionalized NFT offerings.
  • AI-generated art demand aligns with Verisart's authentication capabilities.
  • Digital art exhibitions increase need for Verisart's digital certification services.

What critics are saying

  • Blockchain technology evolution may outpace Verisart's current platform capabilities.
  • Growing competitors like OpenSea could dilute Verisart's market share.
  • Cryptocurrency market volatility affects Verisart's revenue stability.

What makes Verisart unique

  • Verisart offers patented NFT minting and certification since 2015.
  • The platform allows creators to choose their blockchain and create smart contracts.
  • Verisart integrates COA for verifying authenticity of digital and physical art.

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Funding

Total Funding

$5M

Above

Industry Average

Funded Over

2 Rounds

Convertible funding comparison data is currently unavailable. We're working to provide this information soon!
Convertible Funding Comparison
Coming Soon

Company News

Wallpaper
Sep 17th, 2023
Delve into next-generation digital art with Tyler Hobbs, Ernest Edmonds and Monica Rizzolli at Gazelli Art House

For Gazelli Art House, which has partnered with tech partner Verisart for the exhibition, it marks a shift towards a greater understanding, and appreciation of, digital art.

TS2 Space
Jul 1st, 2023
Blockchain's Role in Art Authentication: A New Layer of Trust and Security

For example, Verisart, a blockchain-based art certification platform, has partnered with renowned auction house Phillips to provide digital certificates of authenticity for a selection of works in their sales.

Artsy
Jan 25th, 2022
Verisart partners with Artsy

From January 25th to February 8th, Verisart is partnering with Artsy on β€œ 22 for 2022,” a sale of 22 NFTs by art-world and crypto-native artists, including To gain insight on what’s driving collectors to acquire NFTs, we spoke to some of the major players in the space.

Verisart
Nov 3rd, 2021
Verisart launches Minting Service

Verisart is delighted to announce the early access launch of its Minting Service.

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