K21

Kanon is made up of leading experts from multiple fields, ranging from curators with decades of museum experience to successful crypto entrepreneurs, blockchain engineers, full-stack developers, designers, lawyers and MarCom experts. K21 is Kanon's first project.

THE K21 token allows anyone to participate in this defining artistic and technical moment. Each token represents partial ownership of the library collection. About half of the token supply is used to buy art and support social causes. Over 21% of the tokens will be widely distributed to the community through various mechanisms, including mining plans and liquidity pools locked in by high initial K21/ETH ratios.

K21 is not a governance token, but it does have the right to vote on an entire vault buyout through the bid feature in a dedicated smart contract. Token holders will be able to reject the bid by a consensus of 21%. If not, each token holder will split the proceeds pro rata and release 21 NFTS to the winning bidder.