São Paulo, Brazil, October XX, 2021 – 2TM Group, the parent company of Mercado Bitcoin, the largest cryptocurrency exchange in Latin America, has acquired a $1 million stake in Fingerprints DAO, the leading NFT curation and collection group holding approximately 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 foremost NFT art-focused DAOs.
What started as a relatively obscure phenomenon on the fringes of the crypto space, NFT has become a global sensation, generating dozens of headlines every day. Traditional celebrities like Martha Stewart and Snoop Dogg are now exploring the frontiers pioneered by digital artists and blockchain innovators, with NFT trading volumes soaring to over $10 billion in Q3 2021. Beeple raked in $69 million in the world’s first NFT auction at Christie’s in March amid an explosion of NFT enthusiasm.
Created in March 2021, the Fingerprints DAO currently has more than 250 members and has assembled one of the largest collections of smart contract-based artwork, including. digital Zones of Immaterial Pictorial Sensibility by Mitchell F. Chan, Harm van den Dorpel’s Mutant Garden Seeder, and DEAFBEEF’s Glitchbox. artworks by these three artists are currently being auctioned at Sotheby’s Metaverse.
Fingerprints also owns 26 Autoglyphs, one of the largest collections in the world.Created by the creators of CryptoPunks in 2019, Autoglyphs is the first artwork to be created and stored entirely on the ethereum blockchain. Only 512 Autoglyphs exist, and they currently have a price floor of over $1.3 million.
“For us, joining the Fingerprints DAO is first and foremost an experience to learn how the new economic model is affecting Latin America,” said Roberto Dagnoni, Executive Chairman and CEO of 2TM Group.” We are curious about the decentralized autonomous organization model as a more open and democratic version of the way business usually works. We are also impressed by what Fingerprints has achieved so far, not only adding some of the most compelling digital art to its collection, but also emerging as a curator and leader in NFT art.”
“We are delighted to welcome the 2TM Group to our membership,” said Luiz Ramalho, founder of the Fingerprints DAO.” By joining DAO, 2TM gains access to the bustling global NFT scene and the opportunity to explore a novel organizational model that I am certain will be adopted by an increasing number of communities in the future.”