What is MIDA?
MIDA is a revolutionary platform that offers institutions a new way to showcase and monetize their preserved artworks through unique NFT (Non-Fungible Token) masterpieces. By creating value, connecting people, and promoting cultural heritage, MIDA is shaping the future of artistic experiences.
The platform comprises two main layers: a boutique marketplace and a social layer. The marketplace is where MIDA displays its NFT works, which can be purchased using the platform's native token, $MIDA. In the future, users will also be able to buy and sell their NFTs through the marketplace.
MIDA's boutique marketplace provides a global stage for new talent, giving life to a new type of relationship between creators and collectors. Through the marketplace, collectors can finance artistic research, and new talents can showcase their art pieces to a broader audience.
On the other hand, the social layer is made up of a feed aggregator, user profiles, and posts. Users can show appreciation for posts via social tokens received from $MIDA's staking: Stendhal (SDH). Each post can be subject to SDH allocation up to the amount chosen by the user. The more a post is subject to SDH, the more visible it becomes in the aggregate feed.
MIDA's team is comprised of experts from various fields, including Gianfranco Prior, CEO, who has years of experience in the Venetian luxury real estate market, managing commercial and residential transactions with investment funds and banking institutions.
Luca Sciullo, CTO, is an expert at the European Commission and a Postdoc Research Fellow at the University of Bologna, Italy. He has founded and taken part in other start-ups, gaining experience on how to develop and implement an idea.
Marco Galiazzo, CPO, is an expert in mechanics with years of experience in leading companies operating in the television sector. He is responsible for transmuting physical works of art into digital form.
Davide Petrelli, CFO, has an educational background in Finance and spent several years working as a credit manager for a luxury "Made in Italy" fashion brand.
Tommaso Sartorato is the networker with a business economics background, built-in event organization in Milan, and has a wide network consisting of private collectors and artists around Italy.
Luca Veschetti, COO, has a Business Management background with experience in Business Development for big F&B players.
Lorenzo Gigli, Tech Lead, spent several years working as a software engineer and software architect for different companies in the context of Web and Blockchain technologies.
MIDA creates a bridge between the traditional art world and the expanding Web 3.0, connecting them through NFT masterpieces, a virtual alter-ego of the physical artwork within the Metaverse. MIDA's digital alias maintains the characteristics of its physical counterpart: Uniqueness and Authenticity.
MIDA offers museums and foundations, preserving renowned artworks, a new way to enhance their value through the creation of unique NFTs. This new opportunity also supports them in the economic burden of preserving artistic heritage while providing them with a cutting-edge tool to promote the physical works and the institutions that conserve them indirectly.
From a physical masterpiece, MIDA only mints two NFTs, one kept by the Museum and the other commercialized via auction. The digital copies are signed and authenticated by the Museum director.
The majority of the proceeds go to the institution holding the physical artwork to support them in the economic burden of preserving the Collective Cultural Heritage. MIDA brings a new revenue stream to museums, which have been adversely affected by Covid-19 related restrictions.
In conclusion, MIDA offers a unique opportunity for institutions, museums, galleries, and contemporary artists to valorize their artworks through the creation and sale of NFT masterpieces in the metaverse. The platform connects people, promotes collective cultural heritage, and brings a new revenue stream to those hit by the economic burden of preserving art. With its multilayer art platform consisting of a boutique marketplace and a social layer, MIDA provides a global stage to new talents and creates a new type of relationship between collectors and creators. MIDA's vision for the future aims to shape the way we conceive the artistic experience, and its ecosystem offers access to exclusive events and drops, making it a compelling opportunity for art lovers and collectors alike.
The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.
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