Artists today can use LexART to tokenize unique art by minting one ERC20 token with a reference to an Arweave hash. Once minted, artists can receive automatic royalties payout together with future collectors. In other words, LexART has the ability to pay all owners of a token for owning it. Considering how difficult it is to track royalties payout in meatspace, LexART is an efficient alternative.
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LexART 2 - Finding a Standard
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Artists today can use LexART to tokenize unique art by minting one ERC20 token with a reference to an Arweave hash. Once minted, artists can receive automatic royalties payout together with future collectors. In other words, LexART has the ability to pay all owners of a token for owning it. Considering how difficult it is to track royalties payout in meatspace, LexART is an efficient alternative.