Vastari - Press release - Vastari chosen as one of Disrupt 100's 2017 most disruptive companies

Vastari chosen as one of Disrupt 100's 2017 most disruptive companies

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CONCEPT

By creating a secure global database, Vastari is connecting art collectors and public institutions around the world, enabling previously unseen works of art to be sourced and loaned to exhibitions. The communications platform works in two ways. For institutions like galleries and museums, it brings access to privately-owned objects and aids in finding partners and sponsors. For collectors, it offers exposure to top museum professionals worldwide, potentially increases the cultural significance of their collection and allows their works to get researched by experts. Vastari also allows for collection sharing between institutions and provides a global market for touring exhibitions. Importantly, the platform relies on anonymity, so collectors can upload their pieces without giving away their identity, while institutions can anonymously search for the perfect piece for an upcoming exhibition without giving away its theme. Communication can also be done anonymously and securely through the platform. Once a successful connection is made on Vastari, the institution then arranges for shipping and logistics to ensure the work arrives safely.

HOW THEY’RE DISRUPTING

New technology has dramatically disrupted how the art industry operates, both for institutions and buyers. Old roles are increasingly blurred, with tech experts now assuming roles as curators and auctioneers, and gallery assistants venturing into the world of coding. Vastari is also shifting the art world away from its traditional stomping ground of Europe and the US. Instead, it is bringing art from across South Africa, China, Australia and China into the fold.


Read more at http://www.disrupt100.com/company/vastari/#dXpElCr0sfvIUAsg.99