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The Fingerprints DAO has acquired a $1 million investment in 2TM Group’s $PRINTS tokens. The latter, in particular, is the premier NFT collection and curation organization. In reality, the company has 20,000 ETH worth of NFTs on hand. Luiz Ramalho, the founder of Fingerprints DAO, states,

We are delighted to welcome 2TM Group to our membership. By joining the DAO, 2TM obtains exposure to the thriving global NFT scene and the opportunity to experiment with a unique organizational form that, I am confident, will be embraced by more and more communities in the future.

Mercado Bitcoin’s parent business is 2TM. It has the distinction of being Latin America’s largest crypto exchange. The 2TM Group will join the world’s most prominent NFT art-focused DAOs with its $1 million $PRINTS token investment.

2TM will be joined by Union Square Ventures (USV), Andreessen Horowitz (A16Z), and a slew of additional investors. Without a doubt, this is a step that demonstrates NFTs‘ expanding importance.

Roberto Dagnoni, Executive Chairman and CEO of 2TM Group, adds that joining Fingerprints DAO is first and foremost a learning opportunity for them. It will investigate how new economic models may affect Latin America. He goes on to remark that he is blown away by what Fingerprints have accomplished thus far. It has elevated their status as NFT art curators and industry leaders.

To explain, Non-Fungible Tokens (NFTs) are seen to have played a significant role in the crypto market’s rebound this year. In Q3, the volume of NFT trading topped $10 billion. In addition, celebrities from all walks of life are becoming increasingly interested in minting their own NFTs. Martha Stewart and Snoop Dogg are among them.

The enthusiasm for NFTs may be traced back to the Beeple, which won $69 million at the world’s first NFT auction in March. Fingerprints DAO started in March 2021, which is a coincidence. It now has over 250 members and is one of the most extensive collections of smart contract-based artworks.

The 26 Autoglyphs, for example, are one of the most important major collections it houses. The first artworks to be generated and saved on the Ethereum blockchain are autoglyphs. The founders of CryptoPunks minted it specifically in 2019. There are only 512 Autoglyphs in all. Their current floor price is more than $1.3 million.

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