Marquise Museum Archive
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Evidence-controlled FAQ

Frequently asked questions

A public-facing explanation of the project's Ethereum ERC-20, Waves M-I/M-II architecture, later NFT migration, market routes and evidence boundaries. Answers preserve the distinction between historical documentation, present market access and claims that remain under audit.

FAQ section

Project & chronology

5 questions
What is MARQUISEMUSEUM?

MARQUISEMUSEUM is a historical art-linked blockchain project associated with the Marquise Museum / Pimp Fashion archive. Its surviving token history spans a November 2017 Ethereum fungible token, later Waves M-I/M-II assets, and a separate NFT migration beginning in 2021. Those stages should be treated as distinct technical and historical phases rather than one unchanged token system.

LOCKED
What is the Ethereum token contract?

The Ethereum MARQUISEMUSEUM token contract is 0xA4daaE9552Cd2390Ee1DcdD1a76BC8D0eeA22609. Users should independently verify the contract address before interacting with any market route.

LOCKED
Is the Ethereum token an NFT?

No. The 2017 Ethereum asset is a fungible ERC-20-era project token, not a 2017 NFT collection. The Pimp Fashion NFT migration is a later phase beginning in 2021.

LOCKED
What was the historical purpose of the Ethereum token?

A contemporaneous 9 November 2017 project announcement linked the token initiative to Pimp Fashion artbook/framed-print purchase and authenticity functions. Explicit book-redemption language is publicly documented by January 2018. These records establish the project's historical intent and evolution; they do not prove that every later redemption mechanic was already implemented in the November 2017 smart contract.

LOCKED WITH ATTRIBUTION
What is the Ethereum token supply?

The surviving project and registry record describes a 66,000-unit Ethereum supply. The final technical v1.0 should still recheck the contract directly for totalSupply() and decimals() rather than relying only on secondary metadata.

LOCKED / TECHNICAL DETAIL PARTLY OPEN
FAQ section

Ethereum ERC-20

3 questions
Can the Ethereum token still be traded?

A current Matcha route exists for the Ethereum token. That means decentralized-market access may be available where liquidity exists; it does not guarantee a quoted price, executable depth, continuous liquidity, or successful settlement.

LOCKED AS MARKET-ACCESS WORDING
Does owning the Ethereum token currently guarantee art, a book, an NFT or redemption?

No current redemption entitlement is asserted by the B1 evidence lock. Historical redemption functions are part of the project's documented evolution, but a present 2026 redemption program would require a new explicit current policy.

HISTORICAL / CURRENT-STATE BOUNDARY
Does the Ethereum token represent equity or ownership in a company?

No company-equity claim is established by the B1 evidence set. The token should not be described as shares, equity or a guaranteed financial claim on the Archive.

LOCKED NEGATIVE
FAQ section

Waves M-I / M-II

11 questions
What are M-I and M-II on Waves?

M-I and M-II are two fungible Waves assets from the project's later architecture. M-I is asset ERoumA2EeSYf72XNo2u9DQHADFQSRXFoVEQPz7wgTog, issued 21 December 2017. M-II is asset BS1KFNR8zrXKBEWdUUvpaP6G57Hic3aESkwK7qQKdLpB, issued 23 February 2018. Both were issued from the same Waves issuer address.

LOCKED
Did the complete M-I/M-II system already exist in 2017?

The chain proves that M-I existed in December 2017, but token existence is not proof that the mature later M-I/M-II functional architecture was already specified at issuance. The evidence sequence must remain: token existence in 2017, M-II issuance and formal architecture evidence in 2018, public M-I/M-II differentiation by 2019, and the later anti-double-redemption / 1-of-4400 formulation in 2020.

LOCKED NEGATIVE / ANTI-BACKPROJECTION
What was M-I intended to do?

By the later documented architecture, M-I functions as the lower-liquidity authenticity/validator state associated with completed redemption, while M-II functions as the more liquid purchase/redemption-side asset. This functional distinction is documented later than M-I's original issuance and must not be backdated merely from the 2017 timestamp.

LOCKED AS LATER ARCHITECTURE
What was M-II intended to do?

The 2018 formal filing describes an M-II redemption/retirement step followed by a persistent M-I authenticity state. Later project materials refine that architecture. The historical documents therefore support an evolving dual-state redemption/authentication model, not one frozen protocol that can be assumed unchanged from the start.

LOCKED AS LATER ARCHITECTURE
What is the M-II supply?

The M-II issue transaction created 660,000,000 units. Waves Explorer displayed 659,696,516 units on 12 September 2026, implying a net observed reduction of 303,484 units from the issue quantity.

LOCKED CURRENT SNAPSHOT
Were all 303,484 reduced M-II units redeemed for physical art?

That has not been established. The chain snapshot proves a lower current quantity than the issue quantity; it does not by itself prove the cause of every unit reduction. A transaction-level burn/retirement audit would be required before assigning the entire difference to historical redemption.

OPEN / PROHIBITED WITHOUT TRANSACTION AUDIT
Can M-I or M-II be reissued?

Waves Explorer reports M-II as non-reissuable. M-I displays 66,000 units, one decimal and reissuable = yes. Public copy must therefore not describe M-I as a fixed-supply, non-reissuable certificate.

LOCKED
What is the 1/4400 rule?

A 12 July 2020 project-file white paper specifies a 1/4400 M2 burn formulation as part of the later anti-double-redemption design. The exact 2020 revision is strong project-file evidence, but it has not been independently established as a contemporaneously archived public document. It must not be described as the original 2018 burn rule.

LOCKED WITH SOURCE-CLASS QUALIFIER
Was the Waves system patented?

The evidence establishes a Swedish patent application/examination record, SE 1800140 A1. It should not be described as a granted patent.

LOCKED BOUNDARY
Can M-II still be traded?

The current project page publishes M-II/WX and M-II/WAVES WX.Network market routes and corresponding pool links. Publication of those routes does not establish current venue uptime, executable depth, spread, volume or continuous liquidity.

QUALIFIED CURRENT ROUTE LOCK
Does owning M-II currently guarantee physical-art redemption?

No active 2026 redemption entitlement is asserted. A 2025 project update states that the complex fungible-vault/DeFi product layer was decommissioned after OpenSea integration, and no later explicit public policy reopening the historical redemption program was established in B1B.

LOCKED CURRENT-POLICY BOUNDARY
FAQ section

NFT migration, markets & value

4 questions
What changed when the project moved to NFTs?

The OpenSea/Pimp Fashion NFT phase begins in 2021 and should be treated separately from the earlier fungible Ethereum and Waves assets. The later NFT migration does not turn the 2017/2018 fungible assets retroactively into NFTs.

LOCKED
Did Marquise Museum invent NFTs, tokenized art or NFT vaults?

No such priority claim is supported. The evidence can support a historically early art-linked fungible-token experiment and, for the later dual-state design, a precursor analogue or convergent economic topology to some later NFT-vault structures. It does not establish invention of NFTs, invention of tokenized art, or causal lineage to later protocols such as NFTX.

LOCKED NEGATIVE
Is a historical appraisal or AMM market capitalization the same as present fair value?

No. Historical appraisals, token supply multiplied by a thin-market quote, or automated-market-maker outputs should not be presented as a guaranteed present fair value. Market routes may be shown as routes; valuation must remain distinct from route availability.

LOCKED NEGATIVE
Does the Archive operate as an exchange, broker or custodian?

B1 does not describe the Archive as an exchange, broker, custodian, valuation authority or guarantor of market execution. Public pages may link to third-party decentralized-market routes while preserving that distinction.

LOCKED CURRENT-POSITION WORDING
FAQ section

Evidence method

1 questions
Why are some answers deliberately qualified or unresolved?

The Archive separates primary on-chain or institutional records, contemporaneous public records, project-file evidence, later project statements and modern curatorial synthesis. Where the evidence establishes only part of a claim, the FAQ preserves that boundary rather than converting inference into fact.

LOCKED METHODOLOGY
Current-state boundary

Still under audit

These bounded questions are deliberately not converted into definitive public claims. Until each check is closed, the Archive uses the handling shown below.

Direct contract `decimals()` value

May say secondary registry reports 18; label as registry metadata

Direct contract `totalSupply()` vs 66,000 human-readable units

May state surviving/current record describes 66,000

Callable owner/admin/mint/pause controls, if any

Do not claim immutable/non-mintable/no-admin contract

Current holder concentration and LP custody structure

Do not state ownership concentration or LP custody percentages

Exact current Uniswap pool(s), reserves, depth and price impact

Link only to verified route(s); no liquidity guarantee

Explicit current 2026 art/NFT redemption entitlement

State that none is asserted in B1

Causal allocation of the 303,484-unit M-II reduction

State only “net observed supply reduction”

Current executable depth on published WX routes

State only that routes are published

Method

Why some answers are qualified

The Archive separates primary on-chain or institutional records, contemporaneous public records, project-file evidence, later project statements and modern curatorial synthesis. Where the evidence establishes only part of a claim, the wording preserves that limit rather than turning inference into fact.

Related pages

Documentation and access

The ERC-20 and Waves pages contain the evidence-led technical histories and embedded white papers. The Buy Now page keeps third-party transaction routes separate from historical documentation.