WE SUPPORT CONTEMPORARY ARTISTS AND INSTITUTIONS
The MACHFELD FOUNDATION, based in Vienna /Austria will be founded by Michael Mastrototaro.
We use cryptographical techniques to generate a new value for contemporary artists and art institutions in times of big budget cuts.
Until the founding of the foundation, the calls will be awarded by MACHFELD international arts and culture society based in Vienna/Austria.
HOW DOES IT WORK?
During the creation of the KONJUNGATE Blockchain, 1.25% of the total digital asset 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 distributions of Tokens in the future and its task is to ensure a value assurance of the Tokens.
