Monart engaged ChainSecurity to perform a security audit of the Monart Token, an Ethereum-based smart contract. The Monart Token smart contract is the base layer of a tokenized art ecosystem that Monart is establishing.
ChainSecurity audited the smart contract which is going to be deployed on the public Ethereum chain. The Monart Token is entirely based on the OpenZeppelin library.

During the audit, ChainSecurity found only minor issues. All reported issues have been addressed by Monart, in particular, all security and design issues have been eliminated with appropriate code fixes.

Monart disrupts the 67 billion USD per year and 3 trillion USD asset ART MARKET in two ways:

– by creating new business models, based on the blockchain, to facilitate the secure sale of shares of artworks or collections of artworks and other FinTech services;

– by providing innovative art discovery experiences including 3D visit of an artist studio, Virtual Reality exhibitions, Augmented Reality artworks, Artificial Intelligence and more.

Based in Malta, Paris, Beijing and San Francisco, Monart’s team consists of more than 20 people, including Christie’s former Contemporary Art Director.

Learn more about Monart at www.monart.art