K21
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Social Impact
Sharing upside equitably with artists means that the K21 token appreciating directly benefits those who bring the most value into the system and the causes they choose to support. ~1.3 million K21 tokens will be distributed equally to each artist and another 1 million will be donated to causes for social good determined by them. NFT artworks will be minted in collaboration with SuperRare, a platform that stipulates a 10% perpetual artist royalty on subsequent sales. Kanon has partnered with Art into Acres to support the preservation of over 21,000 acres of old-growth forest in Peru. "This is the first time we are taking payment in cryptocurrency and it is a significant amount of acreage to conserve for an arts program of any scale,” said Haley Mellin, founder of Art into Acres.
Last modified 7mo ago
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