Royalty for painters & Provenance for Collectors​

Technology has resolved many challenges in the world so far. And so it can for the art world too!
Piracy, No Royalty and High Gestation: These are the most common challenges seen in the art world!
And the latest technologies like Blockchain, IOT and AI helps us resolve these challenges. 
Our project will bring transparency in the art world!
The process is very simple! But the outcome is brilliant. And it helps both the artist & the art collector!

Jumbish Digital Authentication Tag (JDAT)

This digital device (JDAT) when attached to the back of a painting will be the sole authentication of the artwork. There won’t be any need of a paper based authentication certificate which is difficult to manage and often gets lost in the lifetime of the painting.

Using the combination of IOT (Internet of things), Blockchain and AI (Artificial Intelligence), we will be able to solve all the 3 challenges.

1. Piracy of paintings

2. No Royalty for painters

3. Long gestation period for artists to become financially independent

Features

  • Flexible
  • Strong Glue
  • 128bit Encryption with Private & Public Key
  • Factory Written Unique ID
  • Temperature, Chemical & Moisture Resistant

Latest Technology

Limited Edition Prints

Additionally, the artist would be earning through sale of 10 limited editions prints(for each painting) as well, which will also be authenticated using the same technology. Thereby having more opportunity to earn through the same painting.

 

JDATs will help artists earn a regular income for their work hence creating a revolutionary change in the art world.

How Does it work?

FAQ

Most frequent questions and answers

No. The whole idea is to get away from the paper based authentication. The JDAT will act as an authentication certificate and so the need of paper authentication will go away. When scanned using a NFC reader or a mobile phone with a NFC reader, all the details of the painting will be accessible.

Yes, the royalty will be for a period of 100 yrs from the date of registration of the painting. The royalty money will be paid to the same bank account or a legal heir automatically for a period of 100 years from the date of birth of the Artist.

Absolutely, it’s more important to reach the art collector. Either the original or the limited edition prints selling will bring supporting income for the artist.

Sure… the artist only need to update the ownership changes so the provenance is maintained. Jumbish won’t charge any commission if the entire effort to bring the art buyer is from the artist.

Absolutely… For any resale the artist will get a royalty. In reality the probability of the prints getting resold is less and so that should not be the artist expectation too.

For each painting the art collector owns, the current ongoing price of a similar artwork from the same artist in the same genre will be visible on the same page of the artwork. This way there is always an easy approximation from that. Our AI engine will also calculate an estimated value only as a reference.

Each stakeholder in the art industry helps build the synergy in the art world and creates an ecosystem. Each gallery owner, curator and auctioneer struggles to maintain and access the provenance of the artwork in their circle. Providing a digital authentication for all the artists in your circle would provide the artist a value addition. There are different consideration for gallery owners, curators and any person who works with multiple artists should contact us for more details

The artist him/herself gives a self declaration for the painting he/she is uploading on our website. For all artists background check are being done. Any artist found faking any art or does misrepresent any fact, they will be barred from the portal. At this point in time only living artists and artworks in the custody of reputed museums and art houses will be part of the scope. For other unknown and unauthenticated artwork, the team is getting ready and will be soon be available!