What Is Artis?

Artis is a blockchain created in Australia that was designed to enable sustainability. It is based on a modified version of the Ethereum code. The goal of the company is to allow peer to peer transactions with the use of smart contracts.

How Artis Blockchain Cryptocurrency Works

Artis follows a human-centric, but crypto-based economy, which enables real people to trade in a fair way while creating efficiency. Why? Because Artis tries to overcome the concepts of service and ownership.

Ownership is useless while you are not using what you own and services generally make people think a lot about how and when they will use them. This blockchain was created to solve these problems for once and for all.

By using blockchain tech and smart contracts, Artis enables you to automate your service consumption into what could be understood as a pay-as-you-go model. This way its services do not occupy your time, your thoughts and you have to pay less for them because you do not need to own them to use them.

Artis intends to be a fertile soil for decentralized apps (dapps) that can aid people to use their money and their time better. This is a platform that is against the concept of ownership because it believes that sharing is more important and also effective.

The company has the goal to solve problems in scalability, energy saving and entry barriers. One of the main reasons why the platform was developed was to enable everybody to participate in a secure and structured blockchain that could solve their problems.

About The Minerva App

The Minerva App will be your connection to the Artis Network. It will be the main platform of the company. You will be able to use it as a chat, a cryptocurrency wallet for ERC20 tokens, a contracting tool for the services that other people provide and as a service platform.

The app will be downloadable for both Android and iOS. Third party dapps may require other apps.

Who Is Behind Artis?

This project was created by the Artis Foundation in coordination with the Lab10 Cooperative and network users. It will also use the work of third party developers that will build applications on top of Artis.

The partners of Artis are the Australian Institute of Technology, Bitcoin Australia, Block Chain Hub, Coinfinity, Energie Kompass, Stadler Volkel, Enziner, ZeroPass and Danube Tech GMBH.

Artis ATS Token ICO Details

Artis will be selling its ATS tokens through an ICO on May 31. The initial supply will be 3,000,000,000 ATS tokens and the maximum supply will be 21,000,000,000 ATS tokens. The company still did not reveal information about the price of the tokens, so we cannot be sure about how much you will pay for them on the sale.

After the sale, you will be able to mine ATS tokens, which is the only way to unlock new tokens until the maximum supply is reached and no more tokens will ever be created.

Artis Verdict

This company looks prepared to face the market. It has strong partners and a good sense of what it wants to be. These are both important factors for success. While you can mine tokens after the launch, it can be a good idea to invest during the ICO if the prices are good.

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