For centuries art was collected for its cultural, emotional, intellectual, political and economic value. 
 
Nowadays, collectors and investors turn to art for the benefits it offers such as asset protection, wealth preservation, portfolio diversification, low correlation with financial markets, profitability and other hedging possibilities in addition to its emotional and aesthetic qualities.

According to the Wealth Report 2023 of Knight Frank, the asset category art increased by 29% in 2022 and 91% over the last 10 years.

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Key factors for art as an investment:

Market Size 
The total market value of sales was estimated around $65 billion in 2021.&nbsp;

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Market Growth 
The $2.1 trillion global marketplace for art and collectibles will reach a forecasted $2,9 trillion by 2026.

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Trends 
Many auction houses and galleries shifted online. This has brought younger buyers to the market. Investors in general have increased their interest in art. As a result, the contemporary art market is setting a new trend for the future of art as an investment.

Name

Artist

Publication year

Size

Number of editions

Signature

Material

Splint Invest Platform Fee 
Compensation for the tokenization of the assets, the maintenance as well as the further development of the application and the costs related to the research and maintenance of the expert network. 
 
External maintenance costs 
We are committed to providing the highest standards of storage, maintenance and insurance of your equipment on your behalf. The associated costs will be shared between the splint holders and included as an ongoing cost in relation to each asset. So if you own 1% of a bottle of an art piece, your splint account will be charged 1% of the associated costs. Further details and breakdowns are listed in the factsheet for each investment. 
 
Exit fee 
When you sell an investment, you will be charged a flat fee of 2% of the transaction volume. This includes our expenses for sales on the secondary market, our costs for maintaining this market and our organisation of an asset sale at the end of the contract.

"Albert Willem is a Belgian artist who started painting at 36 and quickly established himself on lnstagram. His work broke out onto the auction market in May 2022 and rapidly peaked at $213,955 by the end of the Spring. In January 2023, a bidder pushed the artist's record to $295,219 at Sotheby's with The mountain air provided a pleasant atmosphere." - James Kerbey, Expert at Maddox Advisory 
 
Why investing in Albert Willem? 
Born in Belgium in 1979, is a contemporary artist renowned for his whimsical and clever paintings characterized by a simplistic style. Despite lacking formal art training, he immersed himself in the art world by frequenting galleries, museums, and engaging with art on social media platforms. While displaying early drawing talent during childhood, he paused his artistic pursuits between ages 12 and 36 due to academic commitments and family obligations. However, approximately four years ago, Willem reignited his passion for art and began creating paintings to embellish his own living space. Finding fulfillment in the creative process, he has since dedicated all his spare time to painting, describing his return to art as a "midlife crisis." 
 
Artistic Approach 
Over time, Willem has experimented with various mediums and techniques, including nail polish, spray paint, and textile art. Presently, he primarily utilizes acrylic paint with a high gloss varnish to achieve vivid colors. While most of his works are on canvas, he also repurposes cardboard from online purchases as unconventional canvases. His artistic process is swift, often completing paintings within 48 hours. 
 
Painting Themes 
Willem's paintings are marked by their simplicity and occasional lack of refinement, showcasing his basic technical skills while capturing the unfiltered energy of an artist free from traditional constraints. Depicting everyday life in a light-hearted and ironic manner, his works frequently feature humorous scenes, such as people quarreling at weddings or engaging in endless conga lines. Drawing on humor to address past and present anxieties, Willem's style is influenced by artists like LS Lowry, James Ensor, and Breugel the Elder, blending elements of normalcy and primitivism with a modern twist. His artworks have been exhibited internationally, including in Germany, Russia, and his native Belgium. 
 
Rising Recognition 
Willem attributes much of his artistic development to social media, where he dedicates hours each day to observing and learning from fellow artists. He believes that exposure to diverse art continuously shapes and evolves his own style. Despite starting from humble beginnings, Willem's ascent to fame has been extraordinary, with his artworks consistently fetching prices far exceeding initial estimates at auctions. His record-breaking sale at Sotheby's Hong Kong exemplifies the soaring demand for his art, with one piece selling for $225,000, well beyond its projected value. Of the 14 works sold at auction in 2022, half earned over $150,000 each, surpassing conservative estimates. 
 
 
Sell your Splints? We now provide you with the option to repurchase your splints at market value anytime. Please note that an additional processing fee will apply. The processing fee varies based on the volume, investment, and your holding duration. Use the contact form to initiate the process.

The price of 50,150 € includes the Splint Invest platform fee and external maintenance costs of 3,100 €. 47,050 € can be allocated to the asset. 
Platform Fee Splint Invest: Compensation for the tokenization of the assets, the maintenance as well as the further development of the application and the costs related to the research and maintenance of the expert network. 
External maintenance costs: Shipping, handling, 4 years storage, and insurance.

Variable Costs

Hedley's, 3 St Leonard's Road, North Acton, London NW10 6SX

40725_Albert Willem_Part 1

The Art Market report, released by Art Basel &amp; UBS, suggests that the international art market has experienced consistent growth in recent times. By 2022, the overall sales amounted to USD67.8 billion, marking a 3% yearly rise, with an average profit margin of 7.6%. 
 
By 2023, the auction prices for Albert Willems' works averaged nearly eight times their estimated worth.

Return

For the last twenty years, art has consistently outperformed other types of investments like the S&amp;P 500 and FTSE 100. 
 
The limited liquidity of art is advantageous for investors aiming to add more stability to their portfolio.

Stability

Willem's The mountain air provided a p/easant atmosphere,&nbsp;sold at auction for&nbsp;GBP 239,400.

Albert Willem, Part 1, Cruising Magic Land (6), 2023

Using acrylic paints on canvas, he depicts everyday life with a playful yet satirical approach, combining elements of ordinariness and primitivism with a contemporary twist. Willem has exhibited his artwork in Germany, Russia, and Belgium. 
 
In 2022, half of his artworks sold at auction fetched over $150,000, far surpassing initial estimates ranging from $10,000 to $15,000.

Track Record

The art investment advisors of Maddox bring together years of specialist knowledge and practical experience with objective market analysis to offer their clients quality advice and consistent returns. 
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The art investment advisors of Maddox bring together years of specialist knowledge and practical experience with objective market analysis to offer their clients quality advice and consistent returns. 
 
Maddox is known for their sincere enthusiasm, critical thinking, innovative insights and global savoir-faire. A dedicated art advisor will start by understanding the particular goals, interests and passions, which will direct the individual investment path. 
 
The advisor will also account for the investments time frames, acquisition objectives, risk tolerance and personal preferences. Whether one is looking to acquire a Banksy or a Basquiat, a Haring or a Warhol, the team will make sure one finds the right artwork. 
 
From sourcing to selling, the advisor will always provide up-to-date and detailed market analysis and professional guidance throughout the process. Maddox will help to build an art portfolio, manage a collection, value it, decide on a holding period and exit strategy, and finally, make sure to get the most out of the investment.

Maddox Advisory

This is an investment opportunity where we have recalculated the expected performance given by the external expert (Maddox Advisory) and have thus verified that a positive return can be expected after deduction of all costs for storage and insurance.

Furthermore, we have verified the existence, the professional storage and the insurance of the artwork.

Albert Willem, Part 1, Cruising Magic Land (6), 2023

Asset's Life Cycle Details

Storage location

Asset ID

Token terms

Expert

Category

Status

Total number of Splints

Date of issuance (launch)

Issue price per Splint

Investment horizon in years

Time period for the divestment

Documents

Aurelio

Do you have questions?