ChaseArt

ChaseArt

The goal of ChaseArt is to become the authority in "Treasure Hunting", chasing lost works of art and making them extremely valuable. The painting in the left, "The Woodman", to Be Confirmed a Thomas Gainsborough original - the famous 18th century British painter. It is currently in London being studied and restored by the world’s leading center for the study of the history and conservation of art and architecture. Once the conservation studies and interventions have been completed, the restored painting will be prone to be submitted to a subsequent step, e.g., the authentication studies, wh...

Min investment
$500
Goal
$25K-$1M
Days Left
0
Location
Boca Raton, FL

CrowdLustro Research Report

Security Type
Crowd SAFE
An equity crowdfunding specific version of a SAFE used by crowdfunding portal Republic. Upon conversion (if and when that happens), investors may receive special shares with limited rights that do not show up on a company’s cap table. The issuer may roll over and not convert shares at the next financing round causing investors to lose out on some upside.
Industry
Media
Filed
October 27, 2020
Expires
January 29, 2021
Deal Structure

Voting Rights: Full voting rights, no limits.

Anti-Dilution Rights: ASSIGNMENT: If at any time a member proposes to sell, assign or otherwise dispose of all or any part of his interest in the company, such member shall first make a written offer to sell such interest to the other Members at a price determined by mutual agreement. If such other Members decline or fail to elect such interest within thirty (30) days, and if the sale or assignment is made and the members fail to approve this sale or assignment unanimously, then, pursuant to the applicable law, the purchaser or assignee shall have no right to participate in the management of the business and affairs of the Company. The purchaser or assignee shall only be entitled to receive the share of the profits or other compensation by way of income and the return of contributions to which that Member would otherwise be entitled.

Use of Proceeds

  • Intermediary Fees
  • Campaign Marketing Expenses
  • Attorney Fees
  • General Marketing
  • R&D
  • Equipment Purchases
  • Accrued Expenses
  • General Working Capital
  • Technology Development

Research Reports

No reports have been submitted

Become a Reporter

Key Deal Facts

Focused on worn-out artworks, which for some momentary circumstance has its value below the market value, but which may have high potential gain, inserted in a market of $60B;
Partnership with doctors and masters linked to the main European museums and universities, led by the famous Italian professor Antonio Sgamellotti, author of more than 350 technical publications on restoration techniques for artwork and artifacts;
Contract with Artwork owners in Europe and Africa, with the first project contracted with owners of a potential Gainsbourg – One of the greatest British artists of all time;
Chaseart has partnerships with institutes around the world, to Certification of Authenticity for authorship or restoration of artwork;
Experienced founders, successful in their previous activities, with international experience in the USA, Europe, Africa, and Asia and more than 15 years of involvement with the Art market.

0 Comments