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's winter scenes are among the most popular with buyers, selling at an average of 10 to 15 times above their low estimates. Of Willem's top 5 highest sale prices, 4 of them are winter scenes." - James Kerbey, Expert at Maddox Advisory 
 
Why Albert Willem? 
Bélgica (1979) 
Albert Willem, is a contemporary figurative artist from Brussels known for his naïve-style paintings full of wit and humor. Despite never having any formal art training, he often visited galleries and museums and was constantly looking at art on social media. He drew a lot as a child but never touched a pencil from the ages of 12 to 36. University and family life distracted him from art, but about four years ago, Willem decided to paint something to decorate his own home. He enjoyed it and has not stopped painting since. All of his spare time goes towards his art. He described returning to his practice as a “midlife crisis.” 
 
Style 
Over the years, he has experimented with a variety of mediums and styles, from nail polish to spray paint to textile art. Nowadays, Willem primarily works with acrylic paint coupled with a high gloss varnish, finding that this results in the strongest colors. Most of his works are on canvas, but the artist also recycles cardboard from online purchases to use as his base. His artistic process is quick, completing his works within 48 hours at most. 
 
About his paintings 
The paintings are simple, unvarnished, sometimes half-baked. On the one hand, they boldly assert that the artist’s technical skill dawdles emphatically at an elementary level. On the other, he is able to harness the distilled, pure energy of a novice who is unconcerned with competing against the canon, and therefore, the works are absent of pretense. His works depict everyday life in a light-hearted yet ironic manner, often avoiding more complex themes. His works often show humorous moments in everyday life, such as people fighting at a wedding or an infinite conga line. He draws on humor to cope with his past and present fears, including a fear of dance floors. His painting style is heavily influenced by the likes of LS Lowry, James Ensor, and Breugel the Elder, incorporating a sense of normalcy and primitivism while bringing a 21st-century twist. Willem has exhibited his works in Germany, Russia, and Belgium. 
 
The infinite Conga 
In January 2021, the artist began painting a ‘never-ending conga line’. In this work, the artist places several pieces of cardboard next to each other and paints a long, single line of dancing figures. The artist continuously adds more pieces with more dancers so that each piece makes the conga line longer. The work can be split for purchase so that buyers might each own portions of the dance and share the art together. 
 
The rise of a star 
Willem credits social media as the largest influence on his artistic practice. He spends at least two hours every day looking and learning from other artists. He says that by regularly seeing new art, his art is constantly evolving. He is continuously experimenting with new styles, themes, and techniques. ‘Try out all kinds of things yourself and then you will eventually arrive at a personal style.’ - Willem. 
 
Presence at auctions 
Albert Willem's rise to fame has been nothing short of remarkable. Even he himself was surprised by his success, remarking to Artnet News, "This being the 21st century, a lot of crazy things happen in the world. I guess this is just another." His debut painting Pilgrim Street 8 (2021), which had an estimate of $8,000 to $12,000, sold for an astounding $69,000. Willem’s works have been consistently outpacing their estimates by a factor of 10 or more. His current record was achieved at Sotheby’s Hong Kong, where his piece Snowbound (2021) raked in a staggering $225,000, on an estimate of $13,000 to $19,000. Of the 14 works that sold at auction in 2022, half have sold for more than $150,000, despite having estimates in the range of $10,000 to $15,000. 
 
 
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 47,250 € includes the Splint Invest platform fee and external maintenance costs of 3,100 €. 47,250 € 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

40717_Albert Willem_Part 1

According to the Art Market report released by Art Basel &amp; UBS, the global art market has shown consistent growth over recent decades. Total sales amounted to USD67.8 billion in 2022, marking a 3% year-on-year increase, with an average return of 7.6%. 
 
The hammer price for his pieces at auctions in 2023 averaged just under eight times the estimated value.

Return

In the last twenty years, art has consistently shown better investment returns compared to different types of assets like the S&amp;P 500 and FTSE 100. 
 
The limited liquidity of art is advantageous for assets that prioritize stability in value and have little correlation with changes in the stock market.

Stability

The works of Albert Willem have appeared in a combined 10 art fairs, solo and group exhibitions since 2022.

Albert Willem, Part 1, Cruising Winter Wonderland, 2023

Using acrylics on canvas, he portrays daily life with a light-hearted yet ironic touch, blending normalcy and primitivism with a 21st-century flair, influenced by the likes of LS Lowry, James Ensor, and Breugel the Elder. Willem has showcased his art in Germany, Russia, and Belgium. 
 
In 2022, half of his auctioned works exceeded $150,000, surpassing estimates of $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 Winter Wonderland, 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?