> For the complete documentation index, see [llms.txt](https://allovr.gitbook.io/docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://allovr.gitbook.io/docs/whitepaper/a-next-generation-decentralized-autonomous-art-network/abstract.md). # Abstract ALLOVR is a decentralized autonomous network establishing a novel model of interaction between artists, gallerists, collectors, and the society in general. ALLOVR provides a token economy tailored to the art market that enables emerging and established artists to effectively interact with their community based on aligned economic incentives. High transaction costs – primarily resulting from asymmetric information – are significantly reduced through lowered market entry barriers, economic signaling and alignment, price transparency and verifiable authenticity. Therefore, a holistic token economy based on (i) Artist Tokens, (ii) Artwork Tokens and ALLOVR Ecosystem Tokens (AOVR) is proposed. Furthermore, a governance model built around AOVR token holder voting rights is introduced that allows the transition into a fully decentralized autonomous organization (DAO). We propose the implementation of the ALLOVR DApp (ovr-program) on the Solana network. Therefore, a Solana based decentralized program based on Rust is introduced. However, the ALLOVR concept is technology agnostic and could also be implemented on other programmable decentralized infrastructures that fulfill the technical requirements in terms of verifiability and performance. --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter: ``` GET https://allovr.gitbook.io/docs/whitepaper/a-next-generation-decentralized-autonomous-art-network/abstract.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.