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Please why is gold not part of the collectibles in

Arkefi?

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As I understand it, Arkefi is focused on fine art. Though I imagine that if gold were a part of a piece of fine art, it would definitely be something Artbanx would be interested in. @BankoleArkefi do you have any comments on this?

This was raised during the AMA session last week, but Mads said it wasn't available for now

Sir P- Автор вопроса
Kat | I will never PM you first
As I understand it, Arkefi is focused on fine art....

Sorry to chip in, if I can remember the collectibles, I think Diamond was added if I'm not mistaken.

Caruso
This was raised during the AMA session last week, ...

Guess we’d have to wait a while, the beautiful thing is the fact that it’s art, which means it covers a variety of items

Caruso
That's major, but gold is universal

True, but since it’s yet to come, let’s make use of the ones available

Buck Dexter
True, but since it’s yet to come, let’s make use o...

Sure we'll do, just need to know why it wasn't selected

Kat | I will never PM you first
As I understand it, Arkefi is focused on fine art....

Hey guys, Sorry for the late response, and thank you for your interesting question. You're correct that Arkefi is primarily focused on fractionalizing fine art and collectibles. While gold is a valuable and often revered material, it is a liquid asset, meaning it's easily converted into cash or other assets without losing its value. Because of this liquidity, gold doesn't quite align with Arkefi's goal of democratizing access to illiquid, high-value assets like fine art and rare collectibles. However, if gold were incorporated into a piece of fine art, that could certainly be a different conversation. In such a case, the artwork as a whole—incorporating gold—could potentially be tokenized and offered for fractional ownership on Arkefi's platform (theoretically) I hope that clears things up. 🙏

Bankole | Arkefi
Hey guys, Sorry for the late response, and thank y...

I get it well Bankole. So it's just Artwork and collectibles that Arkefi is focused in tokenizing right?

Bankole | Arkefi
Hey guys, Sorry for the late response, and thank y...

To an extent this has helped 🙏 Thanks for clarifying this

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