K21

The K21 closed repository is a separate blockchain network (based on smart contracts) that contains unique works of art in digital format, issued in NFT tokens. In total, there are 21 works of art created by famous contemporary artists in the vault.

Features of K21 tokens If digital works of art locked in a virtual safe will be presented in the form of indivisible and irreplaceable NFT tokens (ERC-721), then K21 is a kind of cryptocurrency related to ERC-20 tokens and based on the Ethereum blockchain. The purchase of K21 tokens gives the right to own a part of the closed collection. And the more tokens you have, the higher your share in the project, respectively. The system is designed so that a limited number of K21 tokens will be issued – a total of 21,000,000 pieces. Today, the cost of K21 ranges from $ 0.50, but soon the price may jump sharply, because, again, interest in the project is constantly growing, as well as the number of users who want to become part of a unique event.

The developers plan to roll out half of the amount to free access. That is, you can just buy them. Another 21% will be distributed in various ways: classic mining; distribution via social networks; bonus programs; liquidity pools with a tight link to the ETH rate. Someone may ask: "Why is all this at all?" Let's answer – after the artists finish their works, Kanon representatives will transfer them to NFT tokens and seal them in a virtual safe. Further, this collection of paintings can be sold, but on condition that the holders of K21 tokens do not veto (at least 21% of the number of all K21 tokens). If the prospective buyer is able to offer a price at auction that will convince the majority of K21 holders, then the collection will pass into his possession. And holders of K21 tokens will receive compensation equal to their share in the project in the ratio of the last lot price expressed in fiat. Simply put, if you invest in K21 now, then in the near future you can get several times more. Of course, if there is a buyer interested in buying the entire collection for an amount that will suit most K21 holders.