Spettacolo
ARTCELS Announces Release of Additional Art Investment Shares and New Innovative Virtual Art Strategies in Response to Coronavirus Crisis
The first share release was bought in record time during the 2-week run of the opening exhibition. Responding to this overwhelming demand, ARTCELS will make 400 additional shares available to current and prospective subscribers. These shares are part of the original stock of 2028 shares created at the inception of ARTCELS to capture the real investment value of the blue-chip art in the 'XXI' portfolio. Founders also assure share owners that the value of these shares are protected since the total volume of shares available remains very limited.
ARTCELS' management team are highly sensitive to the realities of social distancing and are planning to create a 'XXI' virtual exhibition, to début at HOFA Gallery Los Angeles in Q2 2020. The virtual art experience will be immersive and dynamic. It will exploit emerging VR trends and will become ever more interactive as it is adapted progressively to satisfy viewers.
Experts are predicting the art market will continue to soar in 2020 as demand for diversified investments increases in response to economic uncertainty and turbulence resulting from the Coronavirus pandemic. ARTCELS expects to gain a stronger foothold among new and seasoned investors eager to capitalise on the enduring value of art which experts say is one of the safest and most lucrative investment options available. The value of contemporary art, in some cases, appreciates by over 20% year-on-year and is known to withstand the shocks of financial crises and the decline in value of other asset classes. Through their planned virtual art strategies supporting their digital art investments platforms, ARTCELS' founders are confident they can give shareholders value for their art investments.
ARTCELS' founders have chosen to preserve the entire 'XXI' portfolio despite numerous offers for outright purchase of many of the artworks. Instead they strategically encourage fractional ownership through the purchase of shares in order to give as many people as possible access to the artworks for as long as possible. This strategy is already paying off as interest in 'XXI' continues to grow among lovers of contemporary art and the thriving art investment community in the UK, Europe and beyond. In essence, ARTCELS remains actively invested in its portfolio alongside its subscribers, showing itself a committed and visionary art broker for the age of digital investments.
ARTCELS Co-founder, Elio D'Anna, said, "So far, ARTCELS has been a dream come true. As an art lover and a gallerist, it means so much to me to see so many people coming out to experience the phenomenal art in the 'XXI' portfolio. That's exactly what we hoped to achieve by creating ARTCELS and making high-value art investment open to more people than ever before."
D'Anna adds "It is very important to us that share owners of the 'XXI' exhibition portfolio continue to enjoy their ownership. So, these progressive virtual experiences will allow them access during the pandemic, even from the comfort of their own homes!"
Photo - https://mma.prnewswire.com/media/1138475/ARTCELS_Blame_Game_Portfolio.jpg
Emma-Louise O'Neill ,
emmalouise@artcels.com,
+44-7515-136909