CRYPTO ART: a form of storage for digital currency like Bitcoin combined with art. The paintings encompass a cold wallet at the back. A cold wallet is a way to store Bitcoin in a painting for safe keeping offline. On each piece the private keys to your wallet are scored or painted on the face of the oil painting that are visible for it authenticity. The paintings cannot be duplicated. Each piece retains a Bitcoin value unless the wallet is removed from the painting. The collections bring the unique style and one of a kind work of Joachim McMillan's oils painted on canvas and scored for a mosaic look. The painting is a fusion with technology and they can be used for collecting, decorating, gifting or trading. When purchased, each painting is refunded 50% of the purchase price via bitcoin added to your cold wallet. This value is then secured into the painting. As the value of Bitcoin goes up in price, so does the value of your art piece and vice versa. The inaugural series is refunded in BTC to the cold wallet. Series 2 is refunded in BCH onto the cold wallet.
BITCOIN ▪︎Bitcoin is a cryptocurrency. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries.
▪︎Cold Wallet - Cold storage is an offline wallet used for storing bitcoins. With Scored Bitcoin each painting has an associated cold wallet attached to the painting with only the public key visible for loading. Once Bitcoin is loaded to the painting, it is locked inside the attached wallet adding the associated value to the painting.
▪︎A private key in the context of Bitcoin is a secret number that allows bitcoins to be spent. Every Bitcoin wallet contains a private key, which are stored inside the attached envelope. The private keys are mathematically related to the Bitcoin address generated for the wallet.