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.

"In the previous five years, Jordi's work has produced an 11.3 risk-adjusted return, compared to 1.2 in Bitcoin's sharpe ratio." - James Kerbey, Experte bei Maddox Advisory 
 
Why Invest in Jordi Ribes Art? 
Born in 1972 in Spain, Jordi Ribes is an artist based in Barcelona. His work is known for blurring the lines between digital and pictorial expression. He achieves this ambiguity through the unconventional use of oil paint, which, stripped of its usual malleability, produces a polished and indistinct effect, combined with the adoption of electric and artificial colors. The effect serves to fuel the narrative of a fantasy world. This universe features figures filled with references, giving rise to a play of contrasts between the innocent and the perverse, the familiar and the unknown, the real and the fictitious. "I love the ambiguity, the multiplicity of readings," says the artist about the reasons for representing the images in this particular way. 
 
Technique 
Ribes digitally sketches his works and then transfers them to canvas using oil paints. His paintings follow a traditional technique but have a completely contemporary finish. His recognizable vertical or horizontal brushstrokes provide a slightly blurred effect, while the almost fluorescent colors evoke the digital realm. 
 
Traditional Technique with a Contemporary Touch 
The artist selects objects, beings, and subjects that allow him to enhance this particular pictorial technique. Trunks, grass, hair, curtains, and tunics lend themselves to this play of light and shadow that conveys a certain intrigue. The figures have no faces or fingers, but they convey humanity through the positioning of their bodies or their surroundings. The characters are often in jungles, forests, rivers, often accompanied by some baffling object. It's as if the atmosphere of Twin Peaks had been transferred to a natural environment. There is something dark and yet attractive about these scenarios, which are a space for play, mystery, and imagination. Occasionally, we encounter interior scenes where the curtains allow the room to become enigmatic. 
 
Influences 
Beyond all these references, one of Ribes' main influences can be found in cinema. When we look at his paintings, we can easily imagine more complete scenes where these characters undergo transformative experiences. Through decontextualized pieces and figures as well as hidden objects or landscapes, the artist challenges us to see beyond the painting, beyond the limit, and discover where our intuition leads us. 
The artists who influence Ribes include photographer Jeff Wall for his detailed and cinematic images, Neo Rauch, and David Hockney for their graphic style. 
 
Exhibitions 
Jordi Ribes has participated in 23 group exhibitions in the last 10 years, has 5 awards and was present at 14 art fairs. 
For example; "Galería Senda" in Barcelona and "L2" in Palma, as well as in group exhibitions at venues such as "Centro de Arte Dos de Mayo" (Madrid), "Arts Santa Mònica" (Barcelona), "Palais de Tokyo" (Paris), "Galerie Lelong" (Paris), "Galería Oliva Arauna" (Madrid), and 2Tecla Sala2 (L’Hospitalet, Barcelona). Awarded the Altadis Prize, his works is part of collections including "Centro de Arte Dos de Mayo", "Patronato Martínez Guerricabeitia", "Fundación Altadis", "Fundación Vila Casas", "Fundación Guasch Coranty", "Fundación Medianoche", "Recharge Foundation" (Singapore), "Victoria Collection" (Miami and Johannesburg), "Ding YiXiao-Xiao Foundation" (China), and "Tbilisi Art Centre" – John Dodelande Art Collection.

The price of 69,050 € includes the Splint Invest platform fee and external maintenance costs of 4,150 €. 64,900 € 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

40740_Jordi Ribes_Untitled, 2022

Demand for Jordi Ribes paintings has increased dramatically over the last 3 years, holding an auction record of $176,639 USD achieved in 2022 against the estimate of $20 – 30,000, the size of the painting was 180 x 180cm.

Return

In the previous five years, Jordi's work has produced an 11.3 risk-adjusted return, compared to 1.2 in Bitcoin's sharpe ratio. 
 
Contemporary art was the largest sector of the fine arts auction market in 2023, representing 53% of global sales in value.

Stability

Despite his early career, the market cap of Ribes' artworks entering the public auction market has already reached EUR 3.5 million.

Jordi Ribes, Untitled, 2022

Ribes has showcased his artworks in several gallery exhibitions so far, for instance; "Galería Senda" in Barcelona and "L2" in Palma, as well as in collective exhibitions in spaces such as the "Centro de Arte Dos de Mayo" (Madrid), "Arts Santa Mònica" (Barcelona), "Palais de Tokyo" (Paris), "Galerie Lelong" (Paris), "Galería Oliva Arauna" (Madrid), and "Tecla Sala" (L'Hospitalet, Barcelona).

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.

Jordi Ribes, Untitled, 2022

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?