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 Albert Willem? 
 
Belgium (1979) 
Albert Willem, a contemporary figurative artist from Brussels, is renowned for his whimsical paintings characterized by a naive style infused with wit and humor. Despite lacking formal art training, he immersed himself in galleries, museums, and the art scenes on social media platforms. Although he showed talent for drawing in childhood, he set aside art from the ages of 12 to 36 due to university and family obligations. Approximately four years ago, he reignited his passion by creating a painting for his home decor, marking a turning point he amusingly refers to as a "midlife crisis." 
 
Artistic Style 
Over time, Willem has explored various mediums and techniques, ranging from nail polish to spray paint to textile art. Presently, he primarily utilizes acrylic paint with a high gloss varnish to achieve vibrant colors. While the majority of his works are on canvas, he also utilizes repurposed cardboard as a painting surface. His artistic process is rapid, often completing pieces within 48 hours at most. 
 
About His Artwork 
His paintings are straightforward, at times appearing unfinished, boldly showcasing his rudimentary technical skills while capturing the raw energy of a beginner unrestricted by artistic conventions. Depicting everyday life in a light-hearted yet ironic manner, his works frequently portray humorous moments, drawing inspiration from artists such as LS Lowry, James Ensor, and Breugel the Elder but infused with a contemporary twist. Willem has exhibited his works internationally in Germany, Russia, and Belgium. 
 
The Infinite Conga 
In January 2021, Willem embarked on a project to paint a 'never-ending conga line,' continuously adding more cardboard pieces adorned with dancing figures to extend its length. The artwork can be divided for sale, allowing buyers to own segments of the dance and participate in the art collectively. 
 
Rising Star 
Willem attributes much of his artistic journey to social media, spending hours daily observing and learning from fellow artists. He believes that exposure to new art continually evolves his own style, driving him to experiment with different themes and techniques. 
 
Presence in Auctions 
Willem's rapid ascent to fame has been remarkable, with his works consistently surpassing estimated values by significant margins. His debut painting, Pilgrim Street 8 (2021), sold for $69,000, far exceeding its estimated value of $8,000 to $12,000. His record sale, Snowbound (2021), fetched an astonishing $225,000 at Sotheby's Hong Kong, despite an estimate of $13,000 to $19,000. Half of the 14 works sold at auction in 2022 fetched over $150,000, despite modest estimates.

The price of 63,150 € includes the Splint Invest platform fee and external maintenance costs of 3,850 €. 59,300 € 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

40749_Albert Willem_The Car Factory

According to the Art Market report by Art Basel &amp; UBS, the global art market has shown consistent growth in recent years. In 2022, total sales reached $67.8 billion, representing a 3% increase from the previous year and an average profit margin of 7.6%. 
 
In 2023, the auction prices for Albert Willems' artworks were almost eight times higher than their estimated value.

Return

The relatively low liquidity of art provides benefits for investors seeking to enhance the stability of their investment portfolios. 
 
In the past two decades, art has consistently yielded higher returns compared to other investment choices such as the S&amp;P 500 and FTSE 100.

Stability

Albert Willem captivates the art world with his works. Following our first successful Willem exit, we now present another masterpiece.

Albert Willem, The Car Factory, 2023

In 2022, many of his works were sold at auction for more than $150,000, greatly exceeding the original estimates of $10,000 to $15,000. He uses acrylic paint on canvas to portray everyday scenes with a whimsical yet sardonic style, blending the mundane with elements of primitivism and contemporary awareness. His art is inspired by artists like LS Lowry, James Ensor, and Breugel the Elder. Willem has showcased his work in Germany, Russia, and Belgium.

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, The Car Factory, 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

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