Description
Codex Protocol is a decentralized registry aimed at the art and collectibles market, leveraging blockchain technology to provide a secure, immutable record of ownership and provenance for unique assets like art, fine wines, watches, and more. It simplifies the verification and transaction processes for high-value items through the use of smart contracts, reducing fraud and creating a trustworthy marketplace. The protocol's flagship application, Biddable, enables users to bid on auctions using cryptocurrency, bridging the gap between valuable physical goods and digital assets. As the leading registry in the $2 trillion arts & collectibles ecosystem, Codex Protocol, powered by CodexCoin, is open-source and facilitates a range of services like purchasing, selling, insurance, and logistics through third-party applications developed within its ecosystem. With applications like Biddable, Codex addresses auction market challenges such as non-performing bidders and privacy concerns. It is supported by the Codex Consortium, which encompasses stakeholders across 5,000 auction houses worldwide, managing over $6 billion in sales. This ecosystem enhancement has made Codex Protocol a corners...
Codex Protocol is a decentralized registry aimed at the art and collectibles market, leveraging blockchain technology to provide a secure, immutable record of ownership and provenance for unique assets like art, fine wines, watches, and more. It simplifies the verification and transaction processes for high-value items through the use of smart contracts, reducing fraud and creating a trustworthy marketplace. The protocol's flagship application, Biddable, enables users to bid on auctions using cryptocurrency, bridging the gap between valuable physical goods and digital assets. As the leading registry in the $2 trillion arts & collectibles ecosystem, Codex Protocol, powered by CodexCoin, is open-source and facilitates a range of services like purchasing, selling, insurance, and logistics through third-party applications developed within its ecosystem. With applications like Biddable, Codex addresses auction market challenges such as non-performing bidders and privacy concerns. It is supported by the Codex Consortium, which encompasses stakeholders across 5,000 auction houses worldwide, managing over $6 billion in sales. This ecosystem enhancement has made Codex Protocol a corners...