PARIS, July 2, 2017 /PRNewswire/ --
Following a number of pertinent shareholder questions regarding our communiqué of the same date.
Available on: http://www.prnewswire.com/news-releases/artprice-takes-a-major-stake-in-the-otc-art-market-which-generates-a-volume-of-transactions-roughly-7-to-9-times-higher-than-the-traditional-art-market-631728183.html
Artprice wishes to clarify to shareholders and to the market that it has absolutely no intention of dropping or relaxing its activities at the heart of the traditional art market and plans to develop this segment even further by boosting its standardized online marketplaces for fixed-price and competitive-price trading.
Artprice is therefore simply adding a new mass marketplace to its activities, the OTC Art Market ®, that it hopes will process tens of millions of transactions per year, as described in the above communiqué. This addition will allow Artprice to cover the entire spectrum of the global commerce in art (the traditional art market, plus the OTC art market).
Already a world leader in the global art market, Artprice is adding this new mass market and Blockchain to its historical activities in the traditional art market because it represents a major new growth driver for the company, with enormous commercial and value-adding potential.
All resolutions at our AGM of 30 June 2017 were adopted and will be released in the form of a regulated communication later this week. The AGM hosted a wide range of important discussions with Artprice's new and long-standing shareholders.
Copyright thierry Ehrmann 1987/2017
Artprice is listed on the Eurolist by Euronext Paris, SRD long only and Euroclear: 7478 - Bloomberg: PRC - Reuters: ARTF.
Artprice is the global leader in art price and art index databanks. It has over 30 million indices and auction results covering more than 657,000 artists. Artprice Images(R) gives unlimited access to the largest Art Market resource in the world: a library of 126 million images or prints of artworks from the year 1700 to the present day, along with comments by Artprice's art historians.
Artprice permanently enriches its databanks with information from 4,500 auctioneers and it publishes a constant flow of art market trends for the world's principal news agencies and approximately 7,200 international press publications. For its 4,500,000 members, Artprice gives access to the world's leading Standardised Marketplace for buying and selling art. Artprice is preparing its blockchain for the Art Market. It is BPI-labelled (scientific national French label).
Artprice's Global Art Market Annual Report for 2016:
The text presented hereafter is a translation of Arte Creative's online presentation:
ARTE: A gigantic Christmas tree in the guise of a butt plug, a machine that defecates five-star meals, an icon immersed in urine and staged corpses - subversive, trash, provocative or insulting? Thierry Ehrmann, the man behind The Abode of Chaos dixit "The New York Times", an artist and the founder of Artprice, is the mouthpiece for scandal and discloses the workings of the most striking controversies in contemporary art. And scandal sells. 9 episodes are online:
Discover the Alchemy and the universe of Artprice http://web.artprice.com/video, which headquarters are the famous Museum of Contemporary Art, the Abode of Chaos http://goo.gl/zJssd https://vimeo.com/124643720
The Contemporary Arts Museum The Abode of Chaos on Facebook:
The Abode of Chaos/Demeure du Chaos Contemporary Art Museum by thierry Ehrmann,author, sculptor, artist, photograph https://www.flickr.com/photos/home_of_chaos/sets/72157676803169034
Contact : thierry Ehrmann : e-mail : firstname.lastname@example.org