Killer Whale Finance and Numiz Announce Agreement for the NFT Art Market
Killer Whale Finance and Numiz have struck an agreement to launch a decentralized fund on the FLEX exchange for blue chip NFTs aimed at the contemporary art market and collectors.
At the moment art prices have outpaced the S&P 500 between 1995 and 2021 by a figure of 164%. In just the last several years, total NFT sales have reached $41 billion and are steadily inching their way toward possibly overtaking the global art market, which is currently at approximately $50 billion.
The NFT space is volatile and prone to speculation. Evaluating the art industry without professional art dealers remains a major challenge.
KW Finance (KWF) has developed a Soft Cooperative Voting mechanism for decentralized investment management, making them the ideal partner for just such an industry and its conditions.
KWF will launch a special Killer Whale Art Fund (FLEX: KWA) which will allow its token holders to allocate funds to selected Numiz collections before they hit the marketplace during KWPC special Live Art Shows. The Show will feature artists, art experts and crypto analysts who will co-host live Numiz auctions for KWA holders.
Numiz are unique NFTs created by blue chip artists from the art, music, fashion and film industries. Ron Millow, CEO of Numiz stated, “We already have some pretty big plans and solid commitments from really talented and notable people who are ready to include their projects on our platform.”
This partnership creates a fund for the Numiz’ decentralized marketplace, which allows for tokenization and fungibility of NFTs. Emmanuel Flipo of https://www.emmanuelflipo.com/ said, “As a professional artist for over 45 years, this is exactly the kind of thing that will bring the right collectors and artists together and create something totally unique and new in the NFT market. I’m excited to be a part of it.”
When asked to comment on Numiz, Composer and DJ Wayu said, “Finally something worth looking at. I have lots of ideas for music on the reverse side that buyers of my works would kill for.”
KWF and Numiz are introducing this DeFi instrument to allow for cooperative, decentralized participation for collectors. Jennifer Bianchi, KWF partner and KWPC co-host stated, “This novel approach will allow collectors to hold some of the most valuable Numiz from some of the world’s most recognized artists. All voting decisions on fund allocations for different collections will be made via special episodes of the Killer Whale Pod Cast, a live investor’s show, and will feature artists, critics and dealers.”
The fund will operate on FLEX, the fastest and most secure, decentralized and distributed order book exchange, which is about to launch on the Everscale blockchain.
About Numiz:
Numiz.org is a decentralized marketplace for 2-sided NFTs with one side visible to everyone and the other only to those who have the private key to view it. The reverse or “tails” side can be an image, a video, music, or any combination of those. As authentic and rare as regular coins, they are impermeable to counterfeiting.
Numiz commemorate interesting events and each has its own unique story. Gifted artists from all walks of life, from art to design to music to film can create one, making Numiz not only collectible, but also truly original works of art.
About Killer Whale Finance:
KW Finance (kw.finance) is a launch fund and launch pool operating on the world’s fastest decentralized exchange — Flex. Using a Soft Cooperative Voting mechanism for decentralized investment management, and a Fair DAO framework so that investor interests are aligned, KW Finance works to provide all the necessary components for decentralized fund allocation decision making. KW Finance operates both the KWF and KWT tokens as well as The Killer Whale Pod Cast — a live show where the community of Killer Whale Token ‘hodlers’ vote for projects in real time.
