London, UK, April 24th, 2025,
Chainwire
Raphael Coin (RAPH), a blockchain
project offering fractional ownership in fine art, has launched the
tokenized piece "Recto: Study for the Battle of the Milvian
Bridge," a piece by the Renaissance artist Raffaello. The project
is powered by Gleec’s blockchain technology, with
RAPH now available for trading on Gleec BTC
Exchange and Mandala Exchange.
This initiative leverages Gleec's blockchain technology for
secure and compliant digital asset management to bring Renaissance
art on-chain. The artwork's ownership is digitally fractionalized,
allowing broad public participation in its financial and cultural
value, and creating a sustainable model for art preservation and
stewardship. "Recto: Study for the Battle of the Milvian Bridge"
was recently rediscovered and authenticated by the European auction
house Dorotheum, a study by
Rafaello for his famed series of frescoes for the Stanze Vaticane,
four large rooms that are now part of the Vatican Museum.
The Raphael Coin project is spearheaded by Gleec, leveraging its
blockchain technology, legal expertise, and overall infrastructure
to promote access and preservation of significant cultural items
and heritage. Gleec’s blockchain employs a delayed Proof of Work
(dPoW) consensus, supports secure and transparent management of the
artwork’s digital ownership. In the future, Gleec intends to expand
into similar art initiatives, exploring opportunities with a
broader range of artists and artistic periods.
“It’s exciting to support Raphael Coin and see how
blockchain can play an impactful role in cultural preservation.
Gleec’s involvement makes it possible to open doors for more people
to engage directly with significant historical assets in a
meaningful way," said Aliyyah Koloc, Project
Ambassador.
Raphael Coin is not an NFT collection or speculative art drop.
It offers fractional economic ownership backed by a physical
masterpiece securely custodied. Token holders gain access to the
financial value, provenance, and potential returns from licensing
and other ventures while supporting broader public engagement.
As museums face budget constraints and private collections grow
exclusive, Raphael Coin provides an open, compliant alternative. It
sets a precedent for future shared guardianship models, allowing
the public a stake in cultural assets.
About Raphael Coin
Raphael Coin offers fractional
ownership of Raffaello’s "Recto: Study for the Battle of the
Milvian Bridge.” Leveraging Gleec’s
blockchain technology, the project is the first to tokenize a piece
by the famous Renaissance artist. This innovative model
democratizes access to high-value art, allowing a broader audience
to invest in culturally significant pieces that were previously
reserved for elite collectors. Through advanced technological
solutions and a transparent investment framework, Raphael Coin aims
to bridge the gap between traditional art markets and the modern
digital economy, providing a secure, liquid, and accessible pathway
for fine art investment.
Contact
Project
Manager
Thaina
Leticia
thaina@gleec.com
