FAQ
  • 1. What is Freyrchain?

    What is Freyrchain?

    Freyrchain builds the first blockchain-based collection database platform worldwide. In pursuit of reliable transfer of art collections, Freyrchain in the future will become a digital repository platform for all cultural collections worldwide to help the growth of art enthusiasts. People can obtain information on all collections from this platform, including their origin, transfer, value change, etc.; everyone can add their information on collection creation, transfer and authentication in the worldwide collection culture library and develop their art museums; people can use all resources, including collection culture works and current art enthusiasts, to transform their enthusiasm for collections to collection culture assets. Within this collection culture ecosystem, the enabling of FREC can drive more valuable works to be released, more productive appraisals to be published and the transaction to be more easily conducted, which helps the formation of Freyrchain economic ecosystem.

  • 2. Could you describe the purpose of Freyrchain in one sentence?

    Could you describe the purpose of Freyrchain in one sentence?

    Freyrchain will drive more valuable collections that can be tracked to the source to be released, making the whole collection market and collection ecosystem more open and transparent and transfer of collections more reliable.

     

  • 3. Numerous blockchain-based projects are out there in the market, so how Freyrchain stands out? And what’s the goal?

    Numerous blockchain-based projects are out there in the market, so how Freyrchain stands out? And what’s the goal?

    Freyr has the best collection connection resources and resource database. Not only this, it has proposed a solution for problems encountered in collection culture exchange. This makes Freyrchain stand out from other blockchain-based projects. In the future, transaction apps of Freyrchain will introduce Burma jade, South Africa diamond, Sri Lanka gem, etc. We aim to become the first chain in terms of art collection worldwide and build the most reliable collection ecosystem.

  • 4. How does Freyrchain solve problems encountered in collection culture exchange?

    How does Freyrchain solve problems encountered in collection culture exchange?

    Problems encountered during current collection culture exchange include: people involved rarely have needed knowledge and skill; copyright verification process is tedious and not open and transparent enough; collection cultural economy can involve a wide range of information, making it hard to distinguish the true from the false.

     

    Based on the digitalization of reliable and authoritative collection information, connoisseur volumes and collection records, Freyr uses the Waltonchain (tamper-resistant and reliable) to build a super authoritative and informative database. By resorting to online Freyr apps, offline exhibition hall, public database and shared platforms, Freyr provides a solution for problems encountered in collection culture exchange.

  • 5. What are the features of Freyrchain?

    What are the features of Freyrchain?

    1.Item pledge      2.Connoisseur      3.Marketing      4.Transaction

  • 6. Why is the collection chosen as the entry point?

    Why is the collection chosen as the entry point?

    Freyr is formed by a group of world-class collectors, antique connoisseurs and collection brokers who have international collection experience. This team devotes itself to integration and research of collection and has rich experience in collection resource connection, operation of collection related industries and collection authentication. This is why the Freyr team chooses collection as its entry point.

  • 7. Why does Freyr choose Waltonchain for technical support?

    Why does Freyr choose Waltonchain for technical support?

    First, Waltonchain has advanced technology and industry experience in blockchain-based internet of things; second, RFID tag chip and the main control chip of RFID reader-writer designed by Waltonchain project can make collection authentication much easier and collection put into the chain in a truly reliable manner. This will provide strong support for management and authentication of collections.

  • 8. How do collections be transferred on the chain?

    How do collections be transferred on the chain?

    Collections are transferred in the chain through the unique RFID tag. RFID tag is attached to the item when it is created. For antiques and famous paintings, software and history data will be used to generate a unique digital ID for them and the ID is exclusive when they are transferred in the blockchain. Not only this, when transferred, the unique ID of the owner (matching the owner’s ID information) is also attached. During transfer, for the purpose of easily tracking the item, if the owner still holds the item or has it transferred and transferee information will also be packaged as a whole.

     

Freyrchain devotes itself to building the first blockchain-based collection authentication platform worldwide.

Email: services@freyrchain.org