There are multiple utilities related to the ArtPunks NFT collection, as well as a utility token with a buyback-and-burn mechanism. "Landscape NFTs" are low supply, upgradeable, and gamified NFTs. There are people in this picture The main element of $ARTE will be the unique burn mechanism based on the ArtPunks royalties. 5% of the ArtPunks collection will be used to burn $ARTE. The circulating supply of $ARTE will be reduced and its value increased thanks to this. There are people in this picture There is more information in the litepaper.
