Frequently Asked Questions

Creath
8 min readAug 4, 2022

What is Creath?

Creath is a next-generation tech company that delivers Web3, FinTech, PropTech, and Blockchain services. Our company comprises skilled individuals in Blockchain Development, Web Development, Marketing, Visual & Digital Art, Financial Trading, Art Curation, Community Management, Brand Design, and Project Management.

Our platform has an integrated marketplace built on the Ethereum Blockchain. This marketplace will serve as a gallery for artists to display their digitized artworks to a diverse audience.

What Can I do on Creath Marketplace?

The Creath marketplace is designed to be a digital gallery for artists, curators, collectors, and art lovers. The platform is easy to navigate and provides the best user experience. The marketplace attracts a global target audience that will participate in primary sales of our curated collections.

As an artist in partnership with us, your works will be seamlessly available to potential collectors worldwide.

What is a Curated Art Collection?

A curated art collection is a collection that is carefully selected by a team of professionals for a particular target audience — usually because of its cultural value or aesthetics. Creath has a team of curators responsible for determining the collections to be displayed on the marketplace.

The curated collections will include generative art, hand-drawn digital art, and digitized physical artworks.

Does Creath Digitize Artworks?

We digitise contemporary artworks into high-resolution Non Fungible Tokens (NFT) on the Blockchain. We also convert digital art to framed physical copies. We provide our primary collectors the original physical art of the NFTs purchased on our platform signed by the artist.

What is The Golden Ticket?

The Golden Ticket is a mint pass to all our holders. It will serve as a placeholder in the whitelisting of future projects. There is a limited supply of 1,000 Golden Tickets.

What Other Services Does Creath Offer?

Asides from digital art curation, art sales, and exhibitions, Creath offers other Web3 and Blockchain services. These include:

  • Blockchain & Web Development
  • Brand Awareness & Marketing
  • Market Research
  • Art Style
  • Brand Survey
  • Community Development & Discord Management
  • On-Chain Voting Implementation
  • Roadmaps
  • NFT Release & Token Sale

What is Two Brothers and One Lumbo?

Two Brothers and One Lumbo is a QR Code group Exhibition supported by Creath. The exhibition, taking place from August 5 to August 7, is a way of bringing digital and physical artists together within the Web3 space.

Registration for the event is still ongoing, and anyone interested is welcome to register.

Which Wallets are Compatible with The Creath Marketplace?

The Creath marketplace is built on the ERC-20 chain and is compatible with ERC-20 stable tokens like USDT. Our developers have performed some minting exercises, alongside unit testing, on the marketplace to test the compatibility and functionalities of the platform.

Anyone using a hardware wallet can still make transactions on Creath through WalletConnect and MetaMask.

How Much are The Platform Fees?

The Creath platform charges 20% for any art collection listed on the platform. Once any token is bought, 20% of the token’s price is sent to the Creath treasury address while the 80% balance instantly goes to the artist.

How Do Primary Sales Happen on Creath?

When artists submit their collections to us, we help them convert the art to NFT. The NFT generated through minting is held in the Creath treasury. Once the collection is ready for primary sales, it will be listed at a fixed price (determined by the artist) on the Creath marketplace. Interested external users can proceed to buy the listed NFT and gain ownership of the purchased token. Once ownership is transferred to the buyer, the NFT can be viewed on any secondary marketplace (like OpenSea) or NFT wallet.

Creath marketplace also supports secondary sales. Anyone who wishes to resell their collected tokens to other collectors can do so on our platform.

How does your company ensure the security of its blockchain solutions?

At our company, we take the security of our blockchain solutions very seriously. Here are some of the ways we ensure the security of our blockchain solutions:

1. Encryption: We use encryption to secure data and transactions on the blockchain. This makes it very difficult for anyone to tamper with or access the data without proper authorization.

2. Consensus mechanism: Our blockchain solutions use a consensus mechanism that requires multiple nodes to agree on the validity of a transaction before it is added to the blockchain. This ensures that no single entity can control the network, making it more resilient to attacks.

3. Smart contract audits: We conduct regular audits of our smart contracts to ensure that they are free from vulnerabilities and security flaws that could be exploited by hackers.

4. Penetration testing: We perform regular penetration testing on our blockchain solutions to identify any weaknesses in the system that could be exploited by attackers. This helps us to identify and address any security issues before they can be exploited.

5. Access control: We implement strict access control measures to ensure that only authorized users can access our blockchain solutions. This includes strong password policies, two-factor authentication, and role-based access control.

6. Continual monitoring: We use advanced monitoring tools to keep a constant eye on our blockchain solutions. This allows us to quickly detect and respond to any potential security threats.

Overall, we are committed to ensuring the highest level of security for our blockchain solutions, and we take a proactive approach to identifying and addressing any potential security risks.

Can blockchain technology be used for purposes other than cryptocurrency?

While blockchain technology is most commonly associated with cryptocurrencies like Bitcoin, its potential applications extend far beyond the realm of digital currencies. Here are just a few examples of other uses for blockchain technology:

1. Supply chain management: Blockchain can be used to track goods and products as they move through a supply chain, providing a secure and transparent way to verify the origin and authenticity of products.

2. Identity management: Blockchain can be used to create a secure and decentralized system for managing personal identities, allowing individuals to control their own data and protect their privacy.

3. Voting systems: Blockchain can be used to create secure and transparent voting systems that prevent fraud and ensure the integrity of the electoral process.

4. Smart contracts: Blockchain can be used to create self-executing smart contracts that automatically enforce the terms of an agreement, reducing the need for intermediaries and streamlining complex transactions.

5. Decentralized applications (dApps): Blockchain can be used as a platform for developing decentralized applications that run on a network of computers rather than a centralized server, providing increased security and reliability.

These are just a few examples of the many potential applications for blockchain technology beyond cryptocurrency. As the technology continues to evolve and mature, we expect to see even more innovative and exciting use cases emerge.

What is the process for developing a blockchain solution?

The process for developing a blockchain solution varies depending on the specific needs of the client and the complexity of the solution. However, there are some general steps that are typically involved in the process:

  1. Define the problem: The first step is to clearly define the problem that the blockchain solution is intended to solve. This includes identifying the stakeholders involved, the existing processes and systems, and the desired outcomes.
  2. Design the solution: Once the problem has been defined, the next step is to design the blockchain solution. This involves determining the specific features and functionalities that the solution will include, such as the type of blockchain platform to be used, the consensus mechanism, and the smart contracts.
  3. Develop the solution: With the design in place, the next step is to develop the blockchain solution. This involves writing code to implement the various features and functionalities, as well as testing the solution to ensure that it works as intended.
  4. Deploy the solution: Once the solution has been developed and tested, it can be deployed to the production environment. This may involve setting up nodes, configuring the network, and establishing connections to other systems.
  5. Monitor and maintain the solution: After the solution has been deployed, it is important to monitor its performance and maintain it over time. This may involve monitoring the network for security threats, fixing bugs and issues as they arise, and updating the solution as new features or functionality are needed.

Overall, the process for developing a blockchain solution requires a deep understanding of the technology, as well as expertise in software development, security, and other related areas. At our company, we have a team of experienced blockchain developers who can guide clients through every step of the process to ensure that their blockchain solutions are effective, secure, and meet their specific needs.

What industries can benefit from blockchain technology?

Blockchain technology has the potential to benefit a wide range of industries, including finance, healthcare, supply chain management, and more. By providing a secure, transparent, and immutable way to store and share data, blockchain technology can help to streamline processes, reduce costs, and improve trust between parties.

In the finance industry, blockchain technology is being used to facilitate faster, more secure transactions, as well as to create new financial products and services. For example, blockchain-based platforms can be used for cross-border payments, peer-to-peer lending, and digital asset trading.

In healthcare, blockchain technology can be used to securely store and share patient data, while ensuring patient privacy and confidentiality. This can help to improve the quality of care, reduce errors, and facilitate medical research.

In supply chain management, blockchain technology can be used to track products from their origin to their destination, providing greater transparency and accountability. This can help to prevent fraud, improve efficiency, and ensure compliance with regulations.

Overall, the potential uses for blockchain technology are vast and varied. At our company, we work with clients across a range of industries to identify ways that blockchain technology can help to address their specific needs and challenges, and to develop customized solutions that deliver real value.

What is a cryptocurrency?

A cryptocurrency is a digital or virtual currency that uses cryptography for security and operates independently of a central bank. Cryptocurrencies are decentralized, meaning they are not controlled by any government or financial institution.

The most well-known cryptocurrency is Bitcoin, which was created in 2009. Since then, thousands of other cryptocurrencies have been created, each with its own unique features and use cases.

Cryptocurrencies can be purchased through cryptocurrency exchanges, which allow users to exchange fiat currency or other cryptocurrencies for the desired cryptocurrency. Some popular exchanges include Coinbase, Binance, and Kraken.

Where Can I Get More Information About Creath?

If you need more information about Creath, you can connect with our community on Discord. Our Discord channel has daily conversations that you can join for details about current and expected drops. You can reach out to our moderators for help. The channel also provides information on how to apply as an artist to Creath — announcements, user feedback, and more are available to you.

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