LAS VEGAS, June 14, 2021 (GLOBE NEWSWIRE) – A new gamechanger on the NFT scene, TWO TWO announced its official launch, dropping big names like Emmy-Award winner Alan Tietel, whose “Match and Arrow” artwork has been converted to NFT and is being auctioned off.
TWO TWO, a US-based gallery, aims to break down barriers between real and virtual art, emerging and established artists, and between artist and community. Its mission is to allow art lovers to re-imagine art, by offering an immersive experience that synthesizes a transformational relationship between artist and patron. The static is transformed into a dynamic.
“For too long, the elite have controlled access to art through exclusive art galleries and auction houses. TWO TWO merges real and virtual art galleries with DeFi to allow the community to be the gallery and have direct access to established and emerging artistic talent, ”said Avron Goss, co-founder of TWO TWO.
Providing capital to artistic projects on a global scale using NFT and DeFi
TWO TWO DeFi focused on the art industry aims to provide capital for art projects on a global scale, enabling the community to find the next Banksy. Its unique ecosystem connects physical art sales, NFT art, liquidity pools and staking to create value for the community using X22, the TWO TWO governance token.
TWO TWO tokens (X22) will allow holders to be “the gallery” as they will have voting rights on the DAO as well as access to exclusive art offers.
Also, what makes them interesting on top of that is that they will be used to enable NFT Marketing to TWO TWO and Third Party Galleries. The TWO TWO Foundation will also have a buyback and blocking program in which the income generated by the marketing of NFTs for these galleries will be used to buy back X22 tokens to be blocked in the Treasury.
To summarize, the uses of the X22 token are:
- Governance: Allows you to vote on the DAO. Each X22 token represents a vote to enable democracy and community empowerment.
- Staking: X22 tokens can be staked and will receive a return from the staking pool, NFT sales, and art.
- Redemption and Creation: A portion of NFT and Art sales will be used to purchase X22 tokens on the open market to increase wagering rewards, provide tokens to liquidity providers, and ensure reserve building in cash as insurance.
- Membership fees for galleries to gain marketing access to the X22 community.
- Art Loan Stability Fee: Loans will be partially repaid in X22 tokens.
- Self-service NFT coinage.
- Participation in funds of emerging artists.
Real World Utility for X22 Art Token
“Because we have real uses for X22 and we will reach the art world as well as the crypto community around the world, we believe that we will create a strong demand for X22 outside of established crypto users,” said Steven Meistrich, Co. -Founder and strategist of TWO TWO.
“Art speaks to all of us,” according to curator and co-founder Stacey Maites. “The X22 token is a natural extension of its language.”
The team of co-founders based in the US and UK are proud of TWO TWO as a community engine, a new revolution in the art space, through its unique value proposition using NFT and DeFi. The circular economy of tokens was developed to allow the community to be the gallery. This goes beyond voting on a DAO and will include direct benefits that will allow communities to benefit from the activities of the gallery.
TWO TWO’s token circular economy brings together real-world galleries, NFT and DeFi galleries, creating a robust business model with multiple independent and uncorrelated revenue streams. Additionally, TWO TWO will bring their community of believable artists together such as Emmy Award winner Alan Tietel, unprinted negatives of music legend Jimi Hendrix, the art of Nick Walker and many more.
Oversubscribed seed investment
TWO TWO has an incredible lineup of early stage investors such as AU21, LVT Capital, Kosmos, Wings Ventures, Magnus Capital, Twin Apex Capital, GAINS, Alphabit Fund, Top7 ICO, BSCPad, MantraDAO, DuckDAO, CryptoDiffer, Moonwalker, Kyros Ventures, DEFIED, Berezka Ventures, Kultivated Capital, Kosmos, ZBS Capital, Spykefast, SportsIcon, Squares Capital and others, raising over $ 1.5 million oversubscribed seed investment.
As it continues to grow, TWO TWO is set to announce more partnerships, artist collaborations, various NFT art drops and several high profile announcements in the coming weeks. Currently, TWO TWO is running a community campaign to further introduce their platform to the crypto community. At the end of the month, TWO TWO plans to list its X22 tokens on several exchanges and to launch an IDO (Initial DEX Offering).
About TWO TWO
TWO TWO is the world’s first interactive art gallery combining NFT and DeFi. It resides at the same time in the convergence of the actual and the virtual. The work of visionary, established and emerging artists is fused with multidimensional technology, to enact coexistence with the illustrative imagination.
In partnership with Syncretism Ventures Worldwide, the first TWO TWO gallery will be located within Resorts World Las Vegas, the city’s most lavish, unique and innovative property, scheduled to open in June 2021.
However, TWO TWO also inhabits the imagination. Patented immersive technology emulates emotional stimuli and translates the experience to any mobile device. From the current to the virtual via the current, the transcendental circle is closed.
From Warhol to Mr. Brainwash, from Basquiat to Banksy, TWO TWO presents rigorously curated Pop, Urban, Graffiti and Street Art exhibitions.
You can find more information about TWO TWO at the following links:
Website – https://www.twotwoart.com/
Twitter – https://twitter.com/Twotwoart
Telegram – https://t.me/TWOTWOofficial
Facebook – https://www.facebook.com/twotwoart
Way – https://medium.com/@twotwoart
LinkedIn – https://www.linkedin.com/company/twotwoart
Marketing, media and public relations contact:
Ken Nizam (Ken)
Blockchain Marketing and Public Relations Advisor @ TWO TWO
Cecilia Wong, yourPRstrategist.com