there were a couple of (mostly) young founders who dreamed of democratizing art. With the help of a visionary insurance company (who would have thought?) they were able to make this reality.
So, the founders set out on a journey: it all began with an idea. What if you could own an art collection of artworks by famous artists - artworks you usually could wouldn't be able to afford? And all this starting at only $100.
Once upon a time
Fast-forward 6 months & dreams became reality (ok, it took endless sleepless nights so not quite that easy).
The KULT ART pilot was born & it also included an artwork by Banksy! In only a few weeks we were able to sell shares of the first art collection, generating over CHF 30'000 sales revenue and collecting thousands of e-mails!
But simply investing in art is not enough for today's generation: KULT ART created a community of art lovers! In January the first ART NIGHT event took place during "Musuem-Night" in Basel. Co-owners of the art collection could take selfies with the Banksy artwork and take part in interesting live interviews with art experts and artists.
...and for Valentine's Day the "Love Rat" by Banksy even made an appearance at GLOBUS, Switzerland's luxury department store! People walking by loving the idea and meeting the KULT ART team personally!
KULT ART launches the loyalty program: educational video platform, art events, and KULT ART merchandise. The more shares you buy, the more points you collect!
Watch the preview of the first "Expert-Class", featuring art market expert Bruno Thalmann, about how value and prices are defined in the art market!
April - May 2020
The KULT ART Team continues testing the market, partnering with PFLab (Innovation lab of the Post-Finance bank).
KULT ART takes part in the Swiss Startup Challenge & workshops and makes it to the final round of the F10 incubator (more news soon)!
May - June 2020
KULT ART, with the support of SwissStartUpFactory, wins exceptional advisors in the field of legal, regulation and blockchain.
The successful pilot ends and the team focuses on the next big milestone.
Thank you to everyone who joined us on the KULT ART journey and supported our project with ZHAW! It is never a goodbye but a see you soon!