title: Ð¡ÐµÐºÑÑÑÐ¸ÑÐ¸Ð·Ð°ÑÐ¸Ñ Ð½Ð° ÑÑÐ½ÐºÐµ Ð¿ÑÐµÐ´Ð¼ÐµÑÐ¾Ð² Ñ ÑÐ´Ð¾Ð¶ÐµÑÑÐ²ÐµÐ½Ð½Ð¾Ð¹ ÑÐµÐ½Ð½Ð¾ÑÑÐ¸
title: Ð²ÑÐ¿ÑÑÐºÐ½Ð°Ñ ÐºÐ²Ð°Ð»Ð¸ÑÐ¸ÐºÐ°ÑÐ¸Ð¾Ð½Ð½Ð°Ñ ÑÐ°Ð±Ð¾ÑÐ° Ð±Ð°ÐºÐ°Ð»Ð°Ð²ÑÐ°
titleType: Subtitle
title: Securitization in the art market
Creators: name: ÐÐ¾Ð»ÑÐºÐ¾Ð²Ð°, Ð®Ð»Ð¸Ñ
Publisher: name: Ð¡Ð°Ð½ÐºÑ-ÐÐµÑÐµÑÐ±ÑÑÐ³ÑÐºÐ¸Ð¹ Ð¿Ð¾Ð»Ð¸ÑÐµÑÐ½Ð¸ÑÐµÑÐºÐ¸Ð¹ ÑÐ½Ð¸Ð²ÐµÑÑÐ¸ÑÐµÑ ÐÐµÑÑÐ° ÐÐµÐ»Ð¸ÐºÐ¾Ð³Ð¾
Year: 2022
Subjects: ÑÐµÐºÑÑÑÐ¸ÑÐ¸Ð·Ð°ÑÐ¸Ñ
Ð°ÑÑ-ÑÑÐ½Ð¾Ðº
Ð½ÐµÐ¼Ð°ÑÐµÑÐ¸Ð°Ð»ÑÐ½ÑÐµ Ð°ÐºÑÐ¸Ð²Ñ
Ð¿ÑÐµÐ´Ð¼ÐµÑÑ Ð¸ÑÐºÑÑÑÑÐ²Ð°
Ð±Ð»Ð¾ÐºÑÐµÐ¹Ð½
securitization
art market
intangible assets
artworks
blockchain

description: Ð¢ÐµÐ¼Ð° Ð²ÑÐ¿ÑÑÐºÐ½Ð¾Ð¹ ÐºÐ²Ð°Ð»Ð¸ÑÐ¸ÐºÐ°ÑÐ¸Ð¾Ð½Ð½Ð¾Ð¹ ÑÐ°Ð±Ð¾ÑÑ: Â«Ð¡ÐµÐºÑÑÑÐ¸ÑÐ¸Ð·Ð°ÑÐ¸Ñ Ð½Ð° ÑÑÐ½ÐºÐµ Ð¿ÑÐµÐ´Ð¼ÐµÑÐ¾Ð² ÑÑÐ´Ð¾Ð¶ÐµÑÑÐ²ÐµÐ½Ð½Ð¾Ð¹ ÑÐµÐ½Ð½Ð¾ÑÑÐ¸Â». Ð¦ÐµÐ»ÑÑ Ð´Ð°Ð½Ð½Ð¾Ð¹ ÑÐ°Ð±Ð¾ÑÑ ÑÐ²Ð»ÑÐµÑÑÑ Ð¾ÑÐµÐ½ÐºÐ° ÑÐµÐºÑÑÑÐ¸ÑÐ¸Ð·Ð°ÑÐ¸Ð¸, ÐºÐ°Ðº Ð¸Ð½ÑÑÑÑÐ¼ÐµÐ½ÑÐ° Ð´Ð»Ñ ÑÐ²ÐµÐ»Ð¸ÑÐµÐ½Ð¸Ñ Ð»Ð¸ÐºÐ²Ð¸Ð´Ð½Ð¾ÑÑÐ¸ Ð¸ Ð¿Ð¾Ð²ÑÑÐµÐ½Ð¸Ñ Ð´Ð¾ÑÐ¾Ð´Ð½Ð¾ÑÑÐ¸ Ð¾Ð¿ÐµÑÐ°ÑÐ¸Ð¹ Ñ Ð¿ÑÐµÐ´Ð¼ÐµÑÐ°Ð¼Ð¸ Ð¸ÑÐºÑÑÑÑÐ²Ð°, Ð¸Ð·ÑÑÐµÐ½Ð¸Ðµ Ð²Ð·Ð°Ð¸Ð¼Ð¾ÑÐ²ÑÐ·Ð¸ ÐºÑÐ¸Ð¿ÑÐ¾Ð²Ð°Ð»ÑÑÐ½Ð¾Ð³Ð¾ ÑÑÐ½ÐºÐ° Ð¸ ÑÑÐ½ÐºÐ° Ð¸ÑÐºÑÑÑÑÐ²Ð°, Ð¸ Ð²Ð»Ð¸ÑÐ½Ð¸Ñ Ð½Ð¾Ð²ÑÑ Ð¸Ð½ÑÑÑÑÐ¼ÐµÐ½ÑÐ¾Ð² Ð½Ð° ÑÐ°Ð·Ð²Ð¸ÑÐ¸Ðµ ÑÐ¸Ð½Ð°Ð½ÑÐ¾Ð²Ð¾Ð³Ð¾ ÑÑÐ½ÐºÐ°. ÐÐ±ÑÐµÐºÑÐ¾Ð¼ Ð´Ð°Ð½Ð½Ð¾Ð¹ ÑÐ°Ð±Ð¾ÑÑ ÑÐ²Ð»ÑÐµÑÑÑ Ð¼Ð¸ÑÐ¾Ð²Ð¾Ð¹ Ð¸ ÑÐ¾ÑÑÐ¸Ð¹ÑÐºÐ¸Ð¹ ÑÑÐ½ÐºÐ¸ Ð¿ÑÐµÐ´Ð¼ÐµÑÐ¾Ð² ÑÑÐ´Ð¾Ð¶ÐµÑÑÐ²ÐµÐ½Ð½Ð¾Ð¹ ÑÐµÐ½Ð½Ð¾ÑÑÐ¸ Ð¸ ÑÐ¸ÑÑÐ¾Ð²Ð¾Ð³Ð¾ Ð¸ÑÐºÑÑÑÑÐ²Ð°. ÐÑÐµÐ´Ð¼ÐµÑÐ¾Ð¼ Ð¸ÑÑÐ»ÐµÐ´Ð¾Ð²Ð°Ð½Ð¸Ñ Ð² Ð´Ð°Ð½Ð½Ð¾Ð¹ ÑÐ°Ð±Ð¾ÑÐµ ÑÐ²Ð»ÑÐµÑÑÑ ÑÐµÐºÑÑÑÐ¸ÑÐ¸Ð·Ð°ÑÐ¸Ñ ÑÑÐ½Ð¾ÑÐ½ÑÑ Ð°ÐºÑÐ¸Ð²Ð¾Ð² Ð¼Ð¸ÑÐ¾Ð²Ð¾Ð³Ð¾ Ð°ÑÑ-ÑÑÐ½ÐºÐ° Ð¸ Ð¸Ð½Ð²ÐµÑÑÐ¸ÑÐ¾Ð²Ð°Ð½Ð¸Ñ Ð² ÐºÑÐ¸Ð¿ÑÐ¾-Ð¸ÑÐºÑÑÑÑÐ²Ð¾ Ñ Ð¿Ð¾Ð¼Ð¾ÑÑÑ Ð±Ð»Ð¾ÐºÑÐµÐ¹Ð½ Ð¸ NFT ÑÐµÑÐ½Ð¾Ð»Ð¾Ð³Ð¸Ð¹. ÐÑÐ»Ð° Ð¸Ð·ÑÑÐµÐ½Ð° ÑÑÑÐ½Ð¾ÑÑÑ Ð¸ ÑÑÐ°Ð½Ð¾Ð²Ð»ÐµÐ½Ð¸Ðµ Ð¸Ð½ÑÑÑÑÐ¼ÐµÐ½ÑÐ° ÑÐµÐºÑÑÑÐ¸ÑÐ¸Ð·Ð°ÑÐ¸Ð¸ Ð¸ ÐµÐ³Ð¾ Ð²Ð½ÐµÐ´ÑÐµÐ½Ð¸Ðµ Ð½Ð° Ð°ÑÑ-ÑÑÐ½Ð¾Ðº; Ð¿ÑÐ¾Ð°Ð½Ð°Ð»Ð¸Ð·Ð¸ÑÐ¾Ð²Ð°Ð½ Ð¼Ð¸ÑÐ¾Ð²Ð¾Ð¹ Ð¾Ð¿ÑÑ ÑÐµÐºÑÑÑÐ¸ÑÐ¸Ð·Ð°ÑÐ¸Ð¸ Ð¿ÑÐµÐ´Ð¼ÐµÑÐ¾Ð² Ð¸ÑÐºÑÑÑÑÐ²Ð°, ÐµÐ³Ð¾ Ð²Ð¸Ð´Ñ Ð¸ ÑÐ¾Ð²ÑÐµÐ¼ÐµÐ½Ð½ÑÐµ ÑÐµÐ½Ð´ÐµÐ½ÑÐ¸Ð¸ Ð¸ÑÐ¿Ð¾Ð»ÑÐ·Ð¾Ð²Ð°Ð½Ð¸Ñ Ð¿Ð¾ÑÑÐµÐ´ÑÑÐ²Ð¾Ð¼ ÑÐµÑÐ½Ð¾Ð»Ð¾Ð³Ð¸Ð¸ Ð±Ð»Ð¾ÐºÑÐµÐ¹Ð½ Ð¸ Ð´Ð¾Ð»ÐµÐ²Ð¾Ð³Ð¾ Ð²Ð»Ð°Ð´ÐµÐ½Ð¸Ñ Ð¸ÑÐºÑÑÑÑÐ²Ð¾Ð¼; Ð¿ÑÐ¾Ð°Ð½Ð°Ð»Ð¸Ð·Ð¸ÑÐ¾Ð²Ð°Ð½Ð¾ Ð¾Ð±ÑÐµÐµ Ð²Ð»Ð¸ÑÐ½Ð¸Ðµ ÑÐµÑÐ½Ð¾Ð»Ð¾Ð³Ð¸Ð¸ Ð±Ð»Ð¾ÐºÑÐµÐ¹Ð½ Ð¸ NFT-ÑÐ¾ÐºÐµÐ½Ð¸Ð·Ð°ÑÐ¸Ð¸ Ð½Ð° Ð¼Ð¸ÑÐ¾Ð²ÑÑ ÑÐºÐ¾Ð½Ð¾Ð¼Ð¸ÐºÑ; Ð¿ÑÐ¾Ð°Ð½Ð°Ð»Ð¸Ð·Ð¸ÑÐ¾Ð²Ð°Ð½Ð° ÑÐ¾ÑÑÐ¸Ð¹ÑÐºÐ°Ñ Ð¿ÑÐ°ÐºÑÐ¸ÐºÐ° Ð¸ÑÐ¿Ð¾Ð»ÑÐ·Ð¾Ð²Ð°Ð½Ð¸Ñ ÑÐµÐºÑÑÑÐ¸ÑÐ¸Ð·Ð°ÑÐ¸Ð¸ Ð¸ ÑÐµÑÐ½Ð¾Ð»Ð¾Ð³Ð¸Ð¸ Ð±Ð»Ð¾ÐºÑÐµÐ¹Ð½ Ð½Ð° Ð°ÑÑ-ÑÑÐ½ÐºÐµ. ÐÑÐ»Ð¸ Ð¿ÑÐ¾Ð²ÐµÐ´ÐµÐ½Ñ ÑÐ°ÑÑÐµÑÑ, ÐºÐ¾ÑÐ¾ÑÑÐµ Ð¿Ð¾ÐºÐ°Ð·Ð°Ð»Ð¸, ÑÑÐ¾ Ð¸Ð½Ð²ÐµÑÑÐ¸ÑÐ¸Ð¸ Ð² NFT-ÑÐ¾ÐºÐµÐ½Ñ Ð¾ÑÐ»Ð¸ÑÐ°ÑÑÑÑ ÐºÐ°Ðº Ð²ÑÑÐ¾ÐºÐ¾Ð¹ Ð´Ð¾ÑÐ¾Ð´Ð½Ð¾ÑÑÑÑ, ÑÐ°Ðº Ð¸ Ð²ÑÑÐ¾ÐºÐ¸Ð¼ ÑÑÐ¾Ð²Ð½ÐµÐ¼ ÑÐ¸ÑÐºÐ°, Ð¿Ð¾ÑÑÐ¾Ð¼Ñ ÑÐ´Ð°ÑÐ½ÑÐ¼ ÑÐµÑÐµÐ½Ð¸ÐµÐ¼ Ð´Ð»Ñ Ð¸Ð½Ð²ÐµÑÑÐ¾ÑÐ° Ð±ÑÐ´ÐµÑ Ð´Ð¸Ð²ÐµÑÑÐ¸ÑÐ¸ÑÐ¸ÑÐ¾Ð²Ð°ÑÑ ÑÐ²Ð¾Ð¹ Ð¿Ð¾ÑÑÑÐµÐ»Ñ, Ð¾ÑÐ´Ð°Ð² Ð¼ÐµÐ½ÑÑÑÑ Ð´Ð¾Ð»Ñ Ð² Ð½ÐµÐ¼ NFT-Ð°ÐºÑÐ¸Ð²Ð°Ð¼, Ð° Ð±Ð¾Ð»ÑÑÑÑ ÑÑÐ°Ð´Ð¸ÑÐ¸Ð¾Ð½Ð½ÑÐ¼ Ð°ÐºÑÐ¸Ð²Ð°Ð¼. Ð¡Ð°Ð¼Ð¾Ðµ Ð³Ð»Ð°Ð²Ð½Ð¾Ðµ ÑÐºÐ¾Ð½Ð¾Ð¼Ð¸ÑÐµÑÐºÐ¾Ðµ Ð¿Ð¾ÑÐ»ÐµÐ´ÑÑÐ²Ð¸Ðµ Ð²Ð½ÐµÐ´ÑÐµÐ½Ð¸Ñ ÑÐµÑÐ½Ð¾Ð»Ð¾Ð³Ð¸Ð¸ Ð±Ð»Ð¾ÐºÑÐµÐ¹Ð½ Ð¸ NFT â ÑÑÐ¾ Ð¿ÑÐ¾Ð·ÑÐ°ÑÐ½Ð¾ÑÑÑ Ð¸Ð½ÑÐ¾ÑÐ¼Ð°ÑÐ¸Ð¸ Ð¸ Ð±ÐµÐ·Ð¾Ð¿Ð°ÑÐ½Ð¾ÑÑÑ ÑÑÐ°Ð½Ð·Ð°ÐºÑÐ¸Ð¹.
description: The subject of the graduate qualification paper is Â«Securitization in the art marketÂ». The purpose of the given paper is to evaluate securitization as a tool to increase liquidity and the profitability of operations with art objects, to study the relationship between the cryptocurrency market and the art market, and to study the impact of new tools on the development of the financial market. The object of the given paper is the world and Russian markets for objects of artistic value and digital art. The subject of the study in this paper is the securitization of marketable assets of the global art market and investing in crypto art using blockchain and NFT technologies.In this paper: studied the essence and formation of the securitization instrument and its introduction to the art market; analyzed the world experience of securitization of art objects, its types and current trends of use through blockchain technology and fractional ownership of art; analyzed the overall impact of blockchain technology and NFT tokenization on the global economy; the Russian practice of using securitization and blockchain technology in the art market. The calculations made in the given paper show, that investments in NFT tokens are characterized by both high profitability and a high level of risk, so a good decision for an investor would be to diversify the investment portfolio, giving a smaller share of it to NFT assets, and a larger share to traditional assets. The most important economic consequence of the introduction of blockchain technology and NFT is the transparency of information and the security of transactions.