K

21

Art for the next 100 years

K21 is an ecosystem built around a closed-end art vault of 21 unique and original NFT artworks by a diverse roster of influential and pioneering contemporary, digital, and cryptonative artists. Engineered for composability, durability, and equity, K21 establishes a new protocol for art.

Gallery Kanon Log

Alex Mordvintsev

Arca X Frederik Heyman

Cai Guo-Qiang

China Tracy

Cool 3D World

David OReilly

Filip Hodas

Hank Willis Thomas X Wide Awakes

Jenna Sutela

Liam Gillick

Mika Rottenberg and Mahyad Tousi

Pak

Paul Chan

Precious Okoyomon

Rachel Rose

Raoul Marks

Rebecca Allen

Rirkrit Tiravanija

Simon Denny

Suzanne Treister

Terrell Villiers

K21 Token

The K21 ERC-20 token allows anyone to be a part of this decisive moment in art and technology. There will only ever be 21 million K21 tokens, each representing partial ownership of the vault collection. Roughly half of the token supply was issued to purchase artworks and support social causes. Just over 21% of the tokens will be widely distributed to the community through various mechanisms including mining programs and high initial K21 / ETH ratio locked liquidity pools. K21 is not a governance token but it does carry the right to vote against a buyout of the entire vault through a bid function in a dedicated smart contract. Token holders will be able to veto the bid with a 21% consensus. If they don’t, each token holder will receive a pro-rata share of the proceeds and the 21 NFTs will be released to the successful bidder.

Tokenomics Contract

Built

To Last

KSPEC

Today’s NFTs are not built to last. Kanon brings museological best practices for the documentation and preservation of digitally based art on-chain through KSPEC, Kanon’s open-source protocol. KSPEC extends the ERC-721 NFT standard to allow for complex artworks, their provenance, their curatorial context, and the artist’s identity and intent to be preserved indefinitely and transparently. K21 will be the first KSPEC compliant NFT collection.

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More Than

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An Index

XNFTs

Every NFT artwork in the K21 collection is unique and original. K21 introduces the concept of XNFTs to extend those in the vault with additional serial NFT artworks by the same artists.

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Doing Well, Doing Good

K21 employs protocols that pair equitable profit sharing for artists and the socially relevant causes they choose to support with integrations into decentralized finance to align the incentives of artists and investors. The result is a value flywheel that recasts patronage, philanthropy, curation, and custodianship in novel arrangements for mutual benefit. Roughly 1.3 million K21 tokens will be distributed to the artists and an additional 1 million will be donated to causes for social good determined by them. In partnership with Art into Acres, 21,000+ acres of old growth forest will be preserved.