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, born in Brussels, is a contemporary figurative artist celebrated for his whimsical and humorous paintings done in a naive style. Despite lacking formal art education, he immersed himself in galleries, museums, and engaged with art through social media. Although he had a talent for drawing as a child, he didn't pick up a pencil again until he was 36, as university and family obligations took precedence. About four years ago, Willem reignited his passion for art when he decided to adorn his home with his own paintings. Rediscovering joy in the process, he has since dedicated all his spare time to his artistic pursuits, describing this resurgence in art as a "midlife crisis." 
 
Artistic Style 
Over the years, Willem has experimented with various mediums and techniques, from nail polish to spray paint to textile art. Currently, he primarily uses acrylic paint coated with a high gloss varnish for vibrant hues. While most of his pieces are on canvas, he also utilizes cardboard from online purchases as an alternative canvas. His artistic process is rapid, often completing artworks within 48 hours. 
 
About His Artworks 
Willem's paintings are characterized by their simplicity, rawness, and sometimes an intentionally unfinished quality. They boldly display his technical skill at a basic level while capturing the uninhibited energy of an amateur free from traditional constraints. His works depict everyday life in a light-hearted yet ironic manner, often avoiding complex themes. Using humor, he addresses both past and present anxieties, such as his fear of dance floors. Influenced by artists like LS Lowry, James Ensor, and Breugel the Elder, Willem adds a contemporary twist while retaining elements of normalcy and primitivism. His artworks have been showcased in Germany, Russia, and Belgium. 
 
The Infinite Conga 
In January 2021, Willem initiated a project called the 'never-ending conga line'. He creates an uninterrupted line of dancing figures on multiple pieces of cardboard, continuously extending the line by adding more dancers on subsequent pieces. This artwork can be divided for purchase, enabling buyers to collectively own segments of the dance and share in the art experience. 
 
Rising Star 
Willem credits much of his artistic development to social media, where he spends at least two hours daily learning from fellow artists. His art evolves continuously as he experiments with different styles, themes, and techniques. His rapid ascent to fame has surprised even himself, with his artworks consistently surpassing auction estimates by a factor of 10 or more. Particularly noteworthy is his piece Snowbound (2021), which sold for an astonishing $225,000 at Sotheby’s Hong Kong, far exceeding its estimate of $13,000 to $19,000. Out of the 14 works sold at auction in 2022, half fetched over $150,000 despite conservative estimates.

The price of 50,300 € includes the Splint Invest platform fee and external maintenance costs of 3,100 €. 47,200 € 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

40734_Albert Willem_Welcome To The Hotel Villa D'Este, 2023

The Art Market report, published by Art Basel &amp; UBS, indicates that the global art market has seen steady expansion in recent years. In 2022, total sales reached $67.8 billion, showing a 3% annual increase, with an average profit margin of 7.6%. 
 
In 2023, the auction prices for Albert Willems' pieces averaged nearly eight times their estimated value.

Return

Over the past two decades, art has consistently yielded higher returns compared to other investment options such as the S&amp;P 500 and FTSE 100. 
 
The relatively restricted liquidity of art presents benefits for investors seeking to enhance the stability of their investment portfolio.

Stability

Willem is rapidly gaining popularity in the auction world thanks to his lively, unconventional, and whimsical approach, captivating audiences with his vibrant style.

Albert Willem, Welcome To The Hotel Villa D'Este, 2023

He uses acrylic paint on canvas to portray daily life with a whimsical yet sardonic style, blending the mundane with hints of primitivism and contemporary awareness, drawing inspiration from artists like LS Lowry, James Ensor, and Breugel the Elder. Willem has showcased his art in Germany, Russia, and Belgium. In 2022, some of his pieces sold at auction for over $150,000, greatly exceeding the initial 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, Welcome To The Hotel Villa D'Este, 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?