I will rate this project only 3 stars, as I do not like RWA. I mean that tokenizing real assets is an awesome idea, but how it works in reality for now - it is not sustainable and decentralized. On top of that, there are a lot of problems with valuation and liquidity. For example, the third step in their model is "Performing detailed analysis of all documents and the price of each painting." Who will price all the paintings? Why should buyers or usual users believe that the valuation is fair? How often should revaluation be done and who will pay for it? So I have a lot of questions about it, which is why I do not like RWA. As a user, you have to believe or check the valuation of arts.

Additionally, they do not have a final product; hence, I cannot check it and give a rating for it. NFT as a right that you own this product is a good idea, but creating a real market from a lot of different arts is a complicated task with a lot of unsolved problems.

10101.art is a platform and DeFi protocol that guarantees you ownership of a fragment of an original physical work of art.

10101

Martin Kruger

The project exhibits promise according to the deck, yet it also raises many questions.

 Potential value of the project:
  Fractionalizing famous physical artworks through NFTs. Unlike buying fragments of various PFPs valued 10-20 times more expensive in 2021-2022 and no one wants them nowadays, investing in a portion of a well-known physical painting could be a sensible long-term art investment.

Potential issues/problems:
 No Go-To-Market strategy demonstrated at all. Neither in the deck nor in the social activity of the project is it clear how exactly 10101 ART is going to attract retail, taking into account the strongly declining interest in the NFT sector as art (proofs - check Superrare/Foundation particularly and overall NFT market narrative).

 Lack of showing the protocol's technical features.. The emphasis on a "DeFi protocol" is puzzling, if no DeFi mechanisms are planned to be used, based on the Roadmap. It is crucial for investors/users to know what is the technical advantage (e.g.not explained why there will be lower fees, check Blur/OS Pro).

An in-depth product positioning would help to assess the team's vision and long-term viability.

The project exhibits promise according to the deck, yet it also raises many questions.

 **Potential value of the project:** 
  - Fractionalizing famous physical artworks through NFTs. Unlike buying fragments of various PFPs valued 10-20 times more expensive in 2021-2022 and no one wants them nowadays, investing in a portion of a well-known physical painting could be a sensible long-term art investment.

**Potential issues/problems:**
 - No Go-To-Market strategy demonstrated at all. Neither in the deck nor in the social activity of the project is it clear how exactly **10101 ART** is going to attract retail, taking into account the strongly declining interest in the NFT sector as art (proofs - check Superrare/Foundation particularly and overall NFT market narrative).

 - Lack of showing the protocol's technical features.. The emphasis on a "DeFi protocol" is puzzling, if no DeFi mechanisms are planned to be used, based on the Roadmap. It is crucial for investors/users to know what is the technical advantage (e.g.not explained why there will be lower fees, check Blur/OS Pro).

An in-depth product positioning would help to assess the team's vision and long-term viability.

10101

Art Platform & DeFi protocol