$0.01513881
- Market Cap$272,903.268
- 24 Hour Trading Vol$571.457
- Fully Diluted Valuation$317,915.051
- Circulating Supply18,026,698
- Total Supply21,000,000
- Max Supply21,000,000
- K21 Price$0.01513881
- Trading Volume$571.457
- Market Cap$272,903.268
Loading...
About Kanon
Kanon develops protocols aimed at the next 100 years of art.
By structuring incentives for artists and investors, Kanon brings important works on-chain and reshapes patronage, philanthropy, curation, and custodianship into new contract-level arrangements designed for shared advantage.
Kanon brings together specialists across multiple fields-from curators with decades of museum experience to crypto founders, blockchain engineers, full-stack developers, designers, lawyers, and MarCom professionals.
K21 is the first initiative launched by Kanon.
The K21 Token
There will ever be only 21 million K21 tokens, and each one represents partial ownership of the vault collection.
K21 is not designed as a governance token, but it does allow holders to oppose a full vault buyout using a bid mechanism in a dedicated smart contract.
Token holders can reject the bid if they reach 21% consensus. If they do not, each holder receives a pro-rata portion of the proceeds, and the 21 NFTs are delivered to the successful bidder.
Initial Token distribution of K21
Art Purchase - 40.3%Collaborators - 15%Locked Liquidity - 11.9%Mining & Community - 9.5%Cash Reserves - 8.3%Prepaid Art Royalty - 6.3%Artist Causes - 4.8%Marketing - 3.9%Vesting
Artists, collaborators, and private and institutional purchasers follow a 90-day linear vesting timeline, with 10% of their token allocation vesting at launch.
Private and institutional purchasers will receive ETH <> K21 Uniswap LP tokens (LP tokens) priced initially at a USD equivalent of 12.4c per K21 token, matching the price available to those purchasers. These LP tokens are locked for 12 months, then vest linearly over the following 12 months. This LP token design aims to ensure liquidity comparable to roughly 12% of the initial supply.
Tokens intended for philanthropic purposes-chosen by each artist-are fully liquid at launch. Tokens set aside for mining and community incentives are also fully liquid at launch.
Purchasers - 10.3m tokens - 49.2% of supply - vesting: 10% liquid, 90% linear vest over 90 daysETH LP Purchasers - 2.5m tokens - 11.9% of supply - vesting: 12 month unlock, 12-month linear vest after unlockArtists - 1.3m tokens - 6.3% of supply - vesting: 10% liquid, 90% linear vest over 90 daysArtist Causes - 1m tokens - 4.8%of supply - vesting: fully liquidMining & Community - 2m tokens - 9.5% of supply - vesting: fully liquidCollaborators - 3.2m tokens - 15% of supply - vesting: 10% liquid, 90% linear vest over 90 daysMarketing - 0.7m tokens - 3.3% of supply - vesting: 10% liquid, 90% linear vest over 90 days| Exchange | Pair | Last Price | Change (24H) | High (24h) | Low (24h) | Spread | Volume (24h) |
|---|
