For Rent

Masthead
(Placeholders – Replace for Actual Release)

Editor-in-Chief: Douglas Crosdale
Managing Editor: Soraya El-Amin
Art Director: Mateo Virelli
Lead Writer: Zola Fenwick
Community Editor: Jae-Lin Okoro
Designer: Anika Tzeng
Webmaster: Lennox Duval
Photography & Media: Cassian Rowe
Research: Dr. Amara Nyong’o
Publisher: Crosdale, Inc.

Contributors :
Rafiq Osei-Mensah
Keiko Ramjohn
Elias B. Quartey
Mireille DaCosta
Thandiwe Knox

Contact: info@artdefi.co :

https://www.youtube.com/@Crozdale

STEP 1 — An Artist Registers the Artwork

The artist uploads the work onto The Façinations Platform.

What is then created is not a listing and not a sale.

Instead, a Vault Record is created with:

  • Artwork title, year, medium
  • Artist identity
  • Provenance statement
  • Custody declaration (e.g., “held by gallery X”)
  • Legal documentation describing:
    • What ownership or participation would mean
    • What it would not mean
  • Jurisdiction
  • Status: Public Read-Only

At this point:

  • Anyone can view the work
  • No one can buy it
  • No price exists

This mirrors a catalogue raisonné entry, not a shop listing.

STEP 2 — Artist Chooses “Whole Acquisition” Mode

After discussion with a gallery, the artist decides:

  • The work should be acquirable in full
  • Fractionalization may be considered later
  • Secondary exchange is disabled for now

This choice is recorded in the vault.

Nothing trades yet.

STEP 3 — Collector ‘A’ Acquires the Work (Minting it as an NFT)

Minting is enabled for this vault only.

Collector A:

  • Reviews the legal documentation
  • Acquires the single ownership unit
  • Pays the agreed amount (off-chain or on-chain, depending on setup)

Result:

  • Collector A now owns the artwork
  • Ownership is recorded and verifiable
  • The artist is paid
  • The vault status updates to “Owned”

Still:

  • No secondary market
  • No trading
  • No liquidity

This looks very similar to a traditional gallery sale—just clearer.

STEP 4 — Fractionalization Is Enabled Later

Months later, Collector A wants to:

  • Retain majority ownership
  • Allow limited participation from another collector

Collector A (as vault owner, subject to original legal terms):

  • Enables fractionalization
  • Why? He may wish to capitalize his asset
  • Defines:
    • Total fractions (e.g., 100 units)
    • What each fraction represents
    • What rights are included or excluded

This is explicit and legally governed.

STEP 5 — Collector B Acquires Fractional Interest

Collector B:

  • Reviews the updated legal documentation
  • Acquires a defined number of fractions (e.g., 10 units)

Result:

  • Collector A owns 90%
  • Collector B owns 10%
  • Rights and limitations are clear
  • Custody of the physical work does not change

No public trading exists yet.

STEP 6 — Optional Barter Is Enabled

Later still, both collectors agree they want flexibility.

The vault enables controlled swaps, allowing:

  • Fraction ⇄ fraction (between approved vaults)
  • Fraction ⇄ crypto (if permitted)

Collector B:

  • Barters some fraction units for partial interest in another artwork
  • No cash sale occurs
  • No open market pricing is required

This is art-for-art exchange, enforced by rules rather than trust.

STEP 7 — Optional Futures (Advanced, Optional)

The artist plans a future related work.

The vault enables future participation rights, such as:

  • Right to mint fractions of a future piece
  • Conditional on exhibition or completion milestones

Collectors can:

  • Acquire these rights knowingly
  • Understand exactly what is promised
  • Avoid speculative ambiguity

This is not gambling—it is contractual forward participation.

WHAT THIS EXAMPLE SHOWS

  • Upload ≠ sale
  • Ownership can exist without liquidity
  • Fractionalization is optional and explicit
  • Barter can occur without cash dominance
  • Futures reference something real and defined

Nothing here requires:

  • A public marketplace
  • Continuous trading
  • Speculation