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FAQ

Joining Artistico is free.

Only when you sell your fractions posted on Artistico marketplace, a 5 % service fee of your sales value will be charged. The net amount will be available on your credits account.

Live Sales is the Primary Market section. The marketplace where the collectors and artists can post their artworks to be sold in fractions for the first time. Each member can book the quantity of shares he is willing to buy at a fixed price. When this campaign is successfully ended, each member will receive his shares available on his collection section.

Open Market is the Secondary Market section. The marketplace where each collector who purchased and owns some shares is listing all his shares. Each user can post a buying offer (fixing price and quantity) on any of the artworks shares available on secondary market. All the owners of these requested shares will be informed and they can accept the offer to sell their shares.  Artistico is listing all the offers posted by the users on its bulletin board and informing the owners.

To buy shares (fractions) of artworks during live sales, you can use paypal or credit card. You can also use the credits you have on your accounts that you have earned from previous sales.

To make an offer and buy shares from other users on secondary market you need to pay with your credits (our internal currency). If you do not have enough credits on your account, you can top up your account anytime by credit card, paypal or wire transfer.

To cash out your credits in EUR  you need to provide a verified bank account or a debit/credit card with IBAN code under your name. You will find a cash out button on your Transactions section from menu.

When you buy shares on Live Sales (primary market) this transaction is in pending when this artworks campaign is not ended successful yet. In case the campaign doesn't end successfully you will be informed and refunded. The amount you paid will be paid back to you on your credit account. You can cash out all your credits just clicking on the "Cash out" button from your transactions page. Your EUR credits will be transfered to your bank account.

When you make an offer to purchase some shares on marketplace (secondary market), Artistico notifies all the users who own the shares you are willing to buy. You will be notified when a user accepts your offer and sells you his shares. The credits amount you offered will be on hold until someone accepts your offer. You can cancel all your pending offers anytime and the related credits amount will be release and put back into your credit account.