A new standard for digital currencies
Athena is the first payment token fully backed by a portfolio of fine art which represents the cultural heritage of humanity’s greatest artists. The payment token can be used as a digital settlement currency across any web 3.0 ecosystem where true storage and protection against inflation are critical.
The ATHA payment Token is only issued in connection with the purchase of new pieces of art. These pieces of art are bought at a discount to their appraised value. The art will be held by an independently managed foundation, which will protect the interests of its beneficial owners. The Foundation will issue a security token that will allow the community to become a beneficial owner of the art foundation. The addition of new art and the increase in value of fine art over time will cause the value of the beneficial ownership to go up. People who own ATHA will always be able to convert their ATHA tokens into the security token at a 1:1 ratio. This makes the ATHA payment token fully backed by un-leveraged hard assets. Through this process, Athena effectively builds a "Fort Knox of Art".
Why an asset-backed digital currency?
Stability.
The trustworthiness of our ATHA token by use of the blockchain
Less Volatility - 1:1 exchange rate from payment to security token
Greater Security - Tamper-proof audit trail
Increased Security - Immutable provenance of the art
How does it increase in value?
Continual Appreciation.
Driving adoption by tying ATHA to real-world assets
Hedge Against Inflation - Fine art historically outpaces financial markets
Continual Acquisition - New art assets increase token value
Ongoing Licensing - Further monetization through NFTs and digital rights
How do I ensure my investment?
Liquidity.
The backing of fine art with the flexibility of tokenomics
Credibility of Value - Rigorous art authentication and validation
Issuance of New Tokens- All growth is backed by investments in new art
Wide Adoption - Ability to be used across all Web 3.0
Simple and instant transfer of funds beyond the art world and into all Web 3.0 ecosystems
Because ATHA is fully backed by un-leveraged hard assets, there is no better secure, stable, and liquid instant transfer of payment for any transaction where token value and stability are required.
The security of Fort Knox
The value of the Louvre
The liquidity of digital assets