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São Paulo, Brazil, October 29, 2021 — 2TM Group, the parent company of Mercado Bitcoin, the largest crypto exchange in Latin America, acquires a $1 million stake of $PRINTS tokens in the Fingerprints DAO, the leading NFT curation and collection group holding some 20,000 ETH worth of NFTs. With this stake, 2TM Group joins Andreessen Horowitz (A16Z), Union Square Ventures (USV), and other participants in one of the world’s most significant NFT art-focused DAOs.
Initially a relatively obscure phenomenon on the fringes of the cryptoverse, NFTs are now in the global spotlight, generating dozens of headlines on a daily basis. Traditional celebrities like Martha Stewart and Snoop Dogg are now exploring the frontier opened by digital artists and blockchain innovators, and NFT trading volume soared past the $10 billion in the third quarter of 2021. The explosion in NFT enthusiasm comes on the back of Beeple raking in $69 million in the world’s first NFT auction by Christie’s in March.
Created in March of 2021, Fingerprints DAO, currently counting over 250 members, has assembled one of the largest collections of smart contract-based artworks, including: Digital Zones of Immaterial Pictorial Sensibility by Mitchell F. Chan, Mutant Garden Seeder by Harm van den Dorpel, and Glitchbox by DEAFBEEF. Artwork by these three artists is currently on auction at Sotheby’s Metaverse: https://metaverse.sothebys.com/
Fingerprints also owns 26 Autoglyphs, one of the largest collections in the world. Created in 2019 by the creators of CryptoPunks, Autoglyphs are the first artwork created and stored entirely on the Ethereum blockchain. Only 512 Autoglyphs exist, and their current price floor is over $1.3M.
“For us, joining Fingerprints DAO is first and foremost a learning experience on how new economic models can impact LatAm,” says Roberto Dagnoni, executive chairman and CEO of 2TM Group. “We are curious about the decentralized autonomous organization model and see it as a more open and democratic version of how business is usually conducted. We are also beyond impressed with what Fingerprints has been able to achieve this far, not just adding some of the most striking digital art in its collection, but also rising to prominence as NFT art curators and leaders.”
“We are thrilled to welcome 2TM Group to the ranks of our members,” says Luiz Ramalho, Founder of Fingerprints DAO. “By joining the DAO, 2TM gains exposure to the bustling global NFT scene and gains a chance to explore a novel organization model, which I am sure, will be adopted by more and more communities moving forward into the future.”
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