Fuyunpai innovates in circulation to solve the pain points of collection and launches the first round of equity financing.
Recently, Fuyunpai, the registered trademark of Fuyunzang (Zigong) Auction Co., Ltd., which has been deeply involved in the digital operation of cultural artworks, officially announced that it will rely on the "Revival and Restoration Normal Model" to improve the industry layout and comprehensively launch the first round of equity financing. It will open up financing cooperation to cultural industry funds, consumer investment institutions, and industrial capital. The funds raised in this round will be mainly used for cold-starting the market by reserving high-quality art assets, building a blockchain technology database, and promoting compliant operations to accelerate the standardization, popularization, and large-scale development of the domestic cultural collection industry.
I. Industry Status: Multiple Development Pains in the Cultural Artwork Market
Against the backdrop of the continuous promotion of the strategy of building a strong cultural country and the implementation of policies for the active utilization of cultural relics, the scale of the domestic cultural artwork collection market has been continuously expanding, and the group of collectors worth millions has been growing. However, various development problems accumulated in the industry for a long time have always restricted the healthy development of the entire industry, and the transformation and upgrading of the industry are imminent. The traditional collection market has been in a stage of extensive development for a long time. A large number of cultural artworks have been statically stored and idle for a long time, and a vast amount of cultural resources have been in a dormant state, unable to realize the dual release of economic and cultural values. At the same time, the threshold for industry transactions is relatively high, and there are endless trading irregularities. Problems such as fake auctions, pre-charging, trading routines, and illegal operations are repeatedly prohibited, which greatly increases the difficulty for ordinary people to participate in cultural asset allocation.
In addition, the narrow circulation channels for collectibles, the long realization cycle, and the difficulty in asset transfer have become common problems in the industry. Tens of millions of private collectors generally face the real dilemma of difficulty in selling, preserving, and increasing the value of their collections. The entire collection industry has always lacked a unified, standardized, compliant, and recyclable operating system, unable to form a stable and long-term circulation ecosystem. The industry urgently needs a new business model that suits people's livelihoods, conforms to policies, and adheres to the bottom line to reshape the industry's trading order.
II. Innovative Model: The Revival and Restoration Normal Model Builds a New Circulation System
Facing the multiple development pains in the industry, the Revival and Restoration Normal Model created by Fuyunpai came into being. This system was developed by the project founder Zhong Xiyin in cooperation with the industrial team over more than a year. It is deeply based on the natural financial attributes of artworks. Different from traditional single auction trading platforms, it is a new cultural artwork circulation and operation system that benefits the country and the people and meets market demand.
At the mode design level, Fuyunpai has built a full-gradient participation pricing system, setting fixed starting prices in multiple ranges from hundreds of yuan, thousands of yuan, tens of thousands of yuan to tens of millions of yuan, fully covering ordinary people, small and medium-sized enterprises, and high-net-worth collectors, truly enabling the whole people to participate in the cultural collection market. The project has established a perfect transaction guarantee system. Participants do not need to have professional knowledge of collectible appraisal. The platform implements a seven-day no-reason return policy and a commission compensation mechanism, fundamentally eliminating transaction risks and concerns about participation and reducing the psychological threshold for the public to enter the market.
At the trading rules level, Fuyunpai implements standardized operating mechanisms such as fixed starting prices, fixed transaction prices, and fixed premium ratios. The whole process adopts the reservation participation model, and the transaction funds are deposited and managed by the bank throughout the process. All kinds of income rewards are publicly and transparently announced, and illegal models such as insider trading, hierarchical distribution, and capital disk operation are completely eliminated throughout the process. A market trust foundation is established with extremely simple and clear operating rules. In terms of the operation of the value of collectibles, the collectibles obtained through bidding can be put on the shelf for secondary circulation. If the collectibles are idle for more than a year and then transferred again, the starting price will be automatically increased by 10%, creating a stable and long-term value-added space. Collectibles can be traded and circulated, privately collected, passed down in the family, and can also be used as an option for corporate and family asset allocation, fully meeting the diversified market demand for use. It relies on the long-term value logic to stabilize the user base.
III. Industrial Value: Empowering the Livelihood Development of the Cultural Industry in Line with the Development Trend
From the perspective of industrial development, Fuyunpai's overall development layout is deeply in line with the core development directions of building national cultural confidence, promoting common prosperity, expanding domestic demand and consumption, and activating private cultural resources. Through the virtuous cycle and circulation of cultural artwork resources, it effectively revitalizes the dormant private collectible resources, stimulates public cultural consumption, broadens social employment channels, helps narrow the income gap, and promotes the stable and sound development of the social economy. The project always adheres to the bottom line of industry development, firmly abandons bad industry practices such as appraisal monopolies, sky-high entry thresholds, and harvesting-style marketing, and adheres to the real market demand as the core, allowing the cultural collection industry to return to the essence of benefiting the people's livelihood.
At present, Fuyunpai has completed the overall business model construction, internal rule refinement, operation logic closure, and preliminary market testing. The overall business model of the project is mature and clear, and the implementation path is clear, with the basic conditions to quickly enter the national market. Relying on the accurate identification of industry pain points, the operation model that benefits the whole people, and the development positioning in line with policies, the project has outstanding development advantages and broad growth space in the fields of cultural digitization and standardized collectible circulation.
The official launch of the first round of equity financing is an important development node for Fuyunpai to layout the national cultural collection market. The project plans to use the power of capital to accelerate the cold start of the market, continuously optimize the platform's digital operation system, improve the full-process compliant operation system, further amplify the model advantages, and quickly seize the opportunity of industry upgrading. In the future, Fuyunpai will continue to deeply engage in the digital operation of cultural artworks, reconstruct the industry ecosystem with an innovative circulation model, promote the traditional collection industry to become more transparent, standardized, and popular, help the traditional cultural industry regain new business vitality, promote the high-quality development of the green economy, and jointly explore new development opportunities in the trillion-dollar cultural collection market with various capital parties to create long-term value for the collection industry.