Verisart

Blockchain-based digital certificates for art authentication

Los Angeles, California, United States

About Verisart

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. The certificates are generated through a user-friendly platform accessible via mobile devices or computers, requiring only two steps to create museum-quality records. Unlike traditional methods, Verisart's certificates are encrypted and timestamped on a decentralized ledger, ensuring high security and transparency. The company differentiates itself by focusing on the art market and offering a straightforward solution for certificate management. Verisart's goal is to set a global standard for art certification, making records of creation and ownership easily verifiable and protected.

Los Angeles, CaliforniaHeadquarters
2015Year Founded
$4.9MTotal Funding
CONVERTIBLECompany Stage
Crypto & Web3, Consumer GoodsIndustries
1-10Employees

Risks

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.

Differentiation

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.

Upsides

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.

Funding

Total raised$4.86 M
Latest valuation$12.50 M
StageCONVERTIBLE
CONVERTIBLE
2/28/2021
$2
$2
$12.50 M