KONJUNGATE is based on the cyber novel MACHFELD written 1999 by Michael Mastrototaro. Strangely, the main character of the book is called Nakamoto and thus resembles the pseudonym of the BITCOIN inventor Satoshi Nakamoto. What a coincidence, right? Anyway.
In his cyber novel, he describes 9 years before Bitcoin appears on the cryptocurrency horizon the mining of KONJUNGATE.
Now 20 years after publishing the novel online, KONJUNGATE appears as a Media Art project to decentralize the funding of international contemporary Artists and Institutions and to give a strong artistic statement in times of budget cuts.
How dose it work?
During the creation of the KONJUNGATE Blockchain, 1,25% of the total digital assets was premined. This amount of Tokens will be used as an initial fund for distributing the Token to a wide range of international Art-Institutions, to support contemporary Artists and as registered capital for the charitable MACHFELD-Foundation (in establishing) which will ensure further distribution of tokens in the future and its task is to ensure value security by means of art purchases.
We are very pleased to announce that KONJUNGATE (KONJ) will be presented on:
Washington Elite AI Blockchain Summit
June 21st - 22nd, 2019 | Washington, DC, USA
THANKS TO THE ORGANIZERS OF THE SUMMIT FOR THERE GREAT SUPPORT!
WE HAVE SOMETHING TO GIVE
80% OF OUR PREMIND COINS WILL BE DISTRIBUTED DURING CALLS FOR ARTISTS, CALLS FOR INSTITUTIONS AND IN FORM OF MEDIA ART INSTALLATIONS REALIZED BY MACHFELD (SABINE MAIER & MICHAEL MASTROTOTARO)
The premined tokens will also be used to establish the MACHFELD FOUNDATION
which will support contemporary Artists and Institutions in the near future.