• The ownership of the artwork is digitally fractionalized, enabling widespread public involvement in its cultural and economic worth.
  • This endeavor brings Renaissance art on-chain by using Gleec’s blockchain technology for safe and compliant digital asset management.

Tokenized piece “Recto: Study for the Battle of the Milvian Bridge,” created by Renaissance artist Raffaello, has been launched by  Raphael Coin (RAPH), a blockchain project that provides fractional ownership in fine art. Gleec’s blockchain technology powers the project, and RAPH is now tradeable on the Mandala Exchange and Gleec BTC Exchange .

This endeavor brings Renaissance art on-chain by using Gleec’s blockchain technology for safe and compliant digital asset management. The ownership of the artwork is digitally fractionalized, enabling widespread public involvement in its cultural and economic worth and establishing a long-term paradigm for art management and preservation. A study by Rafaello for his renowned series of frescoes for the Stanze Vaticane, four spacious rooms that are now part of the Vatican Museum, “Recto: Study for the Battle of the Milvian Bridge” was recently rediscovered and verified by the European auction house Dorotheum .

Gleec is leading the Raphael Coin project, which uses its blockchain technology, legal expertise, and general infrastructure to support the preservation and accessibility of important cultural artifacts and legacy. The delayed Proof of Work (dPoW) consensus used by Gleec’s blockchain facilitates safe and transparent administration of the digital ownership of the artwork. Gleec plans to expand into related art projects in the future and look at opportunities involving a wider variety of artists and artistic eras.

Aliyyah Koloc, Project Ambassador stated:

“It’s exciting to support Raphael Coin and see how blockchain can play an impactful role in cultural preservation. Gleec’s involvement makes it possible to open doors for more people to engage directly with significant historical assets in a meaningful way.”

Raphael Coin is neither a speculative art drop or an NFT collection. It provides a portion of economic ownership backed by a tangible work of art that is securely custodied. In addition to encouraging more public participation, token holders have access to the financial value, provenance, and potential returns from licensing and other endeavors.

Raphael Coin offers an open, compliant alternative as private collections become more exclusive and museums confront financial restraints. It gives the general public a stake in cultural assets and establishes a standard for shared guardianship models in the future.

Raffaello’s “Recto: Study for the Battle of the Milvian Bridge” is available for fractional ownership via Raphael Coin. The initiative is the first to tokenize a work by the well-known Renaissance artist using Gleec’s blockchain technology. A wider audience may now invest in culturally important works that were previously only available to privileged collectors thanks to this creative concept that democratizes access to expensive art. By offering a safe, liquid, and easily accessible avenue for investing in fine art, Raphael Coin seeks to bridge the gap between conventional art markets and the contemporary digital economy using cutting-edge technology solutions and an open investment framework.