Provides a secure marketplace for buying and selling investment-grade art, leveraging blockchain technology for registered ownership and transparent pricing. The platform addresses barriers to art investment by offering specialized shipping, secure payment processing, and a verified community of collectors, artists, and galleries.
Funding
Funding not disclosed
Founders
Product
Problem
Investing in art can be difficult due to a lack of transparency in pricing, concerns about authenticity, and logistical challenges related to shipping and secure payments. Traditional art marketplaces often lack verified communities, making it hard for new collectors to enter the market with confidence.
Solution
Peggy provides a secure mobile marketplace for buying, selling, and learning about investment-grade art, leveraging blockchain technology to ensure registered ownership and transparent pricing. The platform simplifies art investment by offering specialized shipping solutions, secure payment processing, and a verified community of collectors, artists, and galleries. Users can explore art by category or price, follow artists and collectors, save artworks to personalized "Pegboards," and access podcasts and personalized art recommendations. The platform also facilitates royalty payments to artists on resales, fostering a sustainable ecosystem.
Target Audience
The primary target audience includes both new and experienced art collectors, artists seeking to showcase and sell their work, and galleries looking to expand their reach to a broader audience.
Features
- Mobile application available on iOS and Android
- Blockchain-based registration of art ownership
- Secure payment processing for transactions
- Specialized shipping services tailored for artwork
- Verified community of collectors, artists, and galleries
- Personalized art recommendations based on user preferences
- "Pegboards" for saving and organizing favorite artworks
- Access to "Pegcasts," a podcast series about the art world
- Digital fingerprinting of artworks for provenance tracking
- Royalty distribution to artists on secondary sales