NO-it is so much more!

Premier Art Holdings Ltd. acquires art for the sole purpose of backing PREMR, much the same way the gold held in Fort Knox backed the US dollar prior to 1974. Premier Art Holdings Ltd. will curate and manage the collection on behalf of PREMR holders. There is no intent to ever sell the art, but instead hold it in an ever-growing asset portfolio that will appreciate in value as history has shown us truly fine art has done over the centuries. It is the primary purpose and vision of the Premier founders to create a currency that is backed by an unparalleled and ever-growing collection of the world’s finest art.

You will remain in a secured position while the Premier team works to make this a reality, and unlike traditional fiat currencies issued by governments, whose buying power is diminished each year because of inflation, if centuries of appreciation in art values holds true, the value of the PREMR Token is likely to appreciate in value.

PREMR represents the appraised and insured value of the art, not the purchase price. In addition, art, especially known, vetted, and established art, appreciates over time. As the art in the portfolio appreciates, and as more art is added to the collection, the value per token will also increase.

PREMR uses the Chintai.io platform and will be providing the first offerings under US Securities laws under an exemption from registration. Initially, investment will be limited to accredited investors.

Initially, these digital asset securities can be resold to other accredited investors, subject to the restrictions under applicable SEC regulations.  Premier will work towards PREMR being freely traded with anyone, as soon as benchmarks are reached under applicable securities laws and regulations. Details of this process will be shared with accredited investors after registering with our site.  Premier is committed to working through lawful channels to make PREMR available to everyone to be used as a secured, asset backed currency.

Initially, PREMR will not be utilized as a currency for purchases of any kind. However, the goal is for PREMR to eventually be utilized as a currency. At that time, individuals, art dealers, as well as other merchants, will have the option of accepting PREMR as a form of payment.

Currently, PREMR is a Security Token, and is, therefore, subject to all securities regulation. Premier will remain compliant with SEC and other regulatory requirements. Premier will stay on the cutting edge of changes in technology, the law and regulations to make PREMR more easily exchangeable so it may function the same as a digital currency.

Upon launch, users must use the Chintai.io platform, or another exchange trading digital assets on which PREMR may be offered, and will not be able to use traditional crypto wallets, such as Coinbase, Kraken, Metamask, etc. Premier is working to make PREMR as universally accessible and fungible as any other digital assets.

Initially, only Accredited Investors who have completed and satisfied the onboarding AML and KYC requirements are eligible to purchase PREMR.

The works of art in the Premier Art Collection will be visible to subscribed members, in the “Collections” section of the Premier.art website. As the works are placed on exhibit in museums and other exhibitions, their location will be notated within the art profile.

If someone is interested in selling their art, they should contact Premier Art Holdings Ltd. at info@premier.art. They will then be forwarded to Premier’s acquisition partner division, where the art will be thoroughly vetted by Premier’s curators to see if it is right for the collection.

Think of the art in Premier’s portfolio as the gold in Fort Knox. The intrinsic value of the art, which has a proven history of appreciation for centuries, provides the backing of the token.