Raphael Coin Tokenizes Renaissance Art on the Blockchain in a Historic First

Raphael Coin (RAPH), a blockchain project that offers fractional fine art ownership, has launched the tokenized “Recto: Study for the Battle of the Milvian Bridge,” a piece by the 15th-century Renaissance artist Raphael (Raffaello Sanzio da Urbino). You can now trade RAPH on Gleec BTC Exchange and Mandala Exchange. RAPH tokens will appreciate as the artwork’s financial and cultural significance grows over time, offering potential gains. Mandala is a highly liquid exchange that features more than 300 cryptocurrencies and 1,500 trading pairs and boasts an 80,000+ strong community. Gleec BTC’s high-security protocol guarantees safe and private transactions. Gleec plans to expand into similar art initiatives in the future, exploring opportunities with other art periods and more artists and creators. History meets modernity The Raphael Coin project brings together fine Renaissance art and cutting-edge technology. It’s powered by Gleec’s blockchain technology, which is renowned for its secure and compliant digital asset management. The Renaissance artwork’s ownership is digitally fractionalized, which helps build a sustainable art preservation model and allows broader public participation in its cultural and financial value. Fractional ownership means that buyers have a way of purchasing tokens or shares of an artwork. The alternative is buying the whole piece of art, which can be extremely expensive and much less liquid. It’s far easier to sell a fraction of an artwork than the entire artwork at its prohibitive price. Martin G.N. Koloc of Raphael Coin draws attention to how the project demonstrates blockchain’s ability to serve culture and society, and not only when financial incentives are present. Raphael Coin and Gleec are making cultural heritage and assets more accessible and sustainable in the long term by enabling broader participation in historic artwork ownership. Gleec’s dPoW consensus ensures security and transparency Reliable infrastructure and legal expertise underlie Gleec’s blockchain technology, promoting preservation as well as access to valuable cultural items. The blockchain’s delayed Proof of Work (dPoW) consensus mechanism is what supports transparent and secure management of digital asset ownership. It guarantees 51% attack protection via Bitcoin’s hash rate. dPoW allows smaller blockchains to leverage the security of Bitcoin’s massive hash rate without needing it themselves by periodically notarizing the smaller chain’s state. This means any attacker would need to rewrite the smaller chain and the Bitcoin chain itself—which is practically impossible due to the latter’s immense computational power. Raphael Coin is neither a speculative drop nor an NFT collection RAPH offers fractional economic ownership backed by a securely custodied physical asset and masterpiece. Holders gain access to provenance, financial value, and potential returns from activities such as licensing while enhancing public engagement. Private collections are exclusive, and museums face increasingly limited budgets. Against this backdrop, Raphael Coin sets a precedent for shared guardianship models. Its innovative approach overcomes elitism by enabling more people to invest in valuable, culturally significant pieces. Raphael Coin bridges the gap between tradition and modernity by providing a liquid, secure, and transparent way to invest in fine art through advanced technological solutions. About Recto: The Study European auction house Dorotheum, one of the oldest in the world (established in the early 18th century) and the largest for artworks in Continental Europe, recently rediscovered and authenticated Recto: Study for the Battle of the Milvian Bridge. The Study is associated with Raphael’s renowned series of frescoes for the Stanze Vaticane (the “Four Raphael Rooms” in English), a suite of reception rooms in the Apostolic Palace that is now part of the Vatican Museums in Vatican City. The Battle of Milvian Bridge (312 CE) was a major battle in a Roman civil war between Maxentius and Constantine I. After the Roman Empire’s Second Tetrarchy collapsed, Maxentius and Constantine both asserted claims to the throne. Constantine invaded the Italian Peninsula, goaded by Maxentius, and Maxentius was killed in battle at the Milvian Bridge shortly thereafter, which confirmed Constantine’s role as ruler of the Western Empire. Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

Source: Crypto Daily