At the beginning of their journey with Artsted the artist is asked to establish a base price for the uploaded works, that correlate with their current market price and former sales records. If such price is not possible to set, we suggest you price the artwork based on the materials cost and working hours employed in its creation.
Artsted then will ask the user to update the on-platform CV every 2 months so that the performance reflected in one's exhibitions, publications, art residences, art prizes, record sales and other indicators of growth could be the underlying foundation for the Value Coefficient, that would apply to one's current and previously made and sold artwork.
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