GAINS Associates
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GAINS Associates

TwoTwo— Telegram AMA — May 03

On Monday, May 03, we had the pleasure to welcome to our Telegram chat:

Avron Goss, Co-Founder, and
Stacey Maites, Co-Founder.

We asked them questions about the development of TwoTwo.

Some sentences have been slightly edited for readability but the meaning has been conserved.

Summary

TWO TWO re-imagines art, offering an immersive experience that synthesizes a transformational relationship between artist and patron. Static metamorphose into dynamic. TWO TWO is the world’s first Interactive Art Gallery.

TWO TWO resides within the crossroads of spirituality and literature. It is the most powerful of all numbers and often called the Master Builder. The Master number TWO TWO can turn the most ambitious of dreams into reality.

TWO TWO recognizes early adopters and supporters of the Extreme Art™ movement and those that believe in its relevancy and demand access. Early influencers and supporters of the Extreme Art™ movement have even greater opportunities at TWO TWO.

A TWO TWO partner company, the Illusion Factory, will collaborate with Dillion Boy to reimagine his art with Augmented and Virtual Reality and gamification of themed NFT series. Dillon Boy is an emerging Extreme Artist who is well known and has a recognizable style.

Introduction

Q — Ayeley from GAINS: Tell us a bit about yourselves. What did you do before crypto and did you have any other previous venture in crypto?

A — Avron from TWO TWO: I am a co-founder of TWO TWO and have had significant experience setting up and running businesses. I started my career working for Accenture, one of the leading consulting firms in the world. Since then, and before getting involved in crypto, I have been a CEO and advisor to several businesses that I have delivered and have made profitable. I have had several roles in crypto including helping set up a tokenized stock exchange (Tokenise), advising a provably fair crypto casino, and more recently I have been the CSO of Royale Finance (a DeFi company).

A — Stacey from TWO TWO: I am a co-founder of TWO TWO as well as the curator for our art gallery and NFTs. I have been collecting art for over 20 years. I have a career in Global Sales as well and bring experience working with customers all over the world

Steven, our other co-founder has been an art collector for over 30 years and has spent over 30 years launching startups in the gaming and financial industries as well. Also, he is the CEO of TWO TWO.

About TWO TWO

Q — Ayeley from GAINS: Alright then. Let’s talk about the project itself. What is TWO TWO about in a few simple sentences?

A — Avron from TWO TWO: TWO TWO breaks down the barriers between real and virtual art, emerging and established artists, and between the artist and the community.

Our Art industry-focussed DeFi is aimed at providing capital to art projects globally, enabling the community to find the next Banksy.

Our unique ecosystem ties together sales of physical art, NFT art, liquidity pools, and staking to create value for the community.

A — Stacey from TWO TWO: James Joyce was born on the 2nd of his birth month. The number 2 in numerology means many positive things. Those two elements combined made it very easy and meaningful to name TWO TWO.

TWO TWO is extreme art and goes beyond the normal parameters of what we experience in galleries today. Our focus is on graffiti, urban, street, and pop art for NFTs and the gallery. Our gallery will be opening in Las Vegas in a few months.

Q Telegram user Amina Peter: Several artists want to digitize their work but are still struggling with popularity, connections, and sponsors, does your platform empower such artists? If so, what are the requirements needed to qualify? Is your platform open to all artists in any part of the world?

A — Stacey from TWO TWO: We look for emerging artists who are looking for more exposure. I am always open to finding artists whose work will resonate with TWO TWO for NFTs and the gallery. We do the marketing and minting so artists don’t have to worry about this. We welcome artists from all over the world as we welcome diversity and inclusion.

Q Telegram user tehMoonHunter 🤖⚡️: How often do you buy Back?

A — Avron from TWO TWO: We are going to take 5% of the profits of our art sales (real and NFT) and use these to buy back tokens and distribute them. The plan is to do this monthly. We will do a buyback and make, not a buyback and burn.

Q — Twitter user @Lidiamga: Why did you choose to begin your first NFT drops journey with Dillion Boy and how will this collaboration help TWOTWO reimagine the creation of themed NFT series that can get integrated with Augmented as well as combining various gamification features into these NFTs?

A — Avron from TWO TWO: TWO TWO chose to start with Dillon Boy as he represents a lot of what we believe in. Dillon Boy is an emerging Extreme Artist who is well known and has a recognizable style. He is an ideal emerging artist to bring to our community as we believe his work will only increase in value with time.

That being said, choosing a first is a hard choice as we have many that we would have wanted to be first. We are also releasing Alan Teitel, Ouch, and Nick Walker’s works over the next few weeks. And that is just the start.

We are currently working on extending our NFTs to include augmented reality, gamification, and functionality that will make the art we bring to market truly collectable and tradable.

Token

Q — Ayeley from GAINS: What is the token use case and how does it capture the value of the ecosystem you are building?

A — Avron from TWO TWO: The X22 is a valueless governance and coordination tokens on the TWO TWO platform, its uses are:

  1. Governance: Enables voting on the DAO. Each X22 token represents one vote as we want to enable the community.
    2. Staking: X22 tokens can be staked and will receive yield from the staking pool, NFT, and Art sales.
    3. Buy Back and Make: A portion of NFT and Art sales will be used to buy X22 tokens on the open market to boost staking rewards, provide tokens to liquidity providers and ensure we build up reserves in the treasury as insurance.
    4. Stability Fees of art loans: loans will be partially repaid in X22 tokens
    5. Self Service NFT minting
    6. Participation in emerging Artist funds: Because we will be reaching the art world and the crypto world, we believe that we will be creating strong demand for X22 outside of established crypto users.

Competitive Advantage

Q — Ayeley from GAINS: Interesting that you chose to revolutionize art with NFTs and DeFi. There have been a lot of NFT related projects on the rise recently. What makes TWO TWO stand out.

A — Avron from TWO TWO: What makes us stand out is that we are not simply creating an exchange. We are mixing NFTs and DeFi to create a complete ecosystem that breaks down barriers between the artist and community, making the community the gallery rather than the elite.

We also blur the boundaries between the real and virtual by having real and NFT galleries. We are going to create real value for the community

A — Stacey from TWO TWO: Extreme art and NFTS gives us the ability to create a new experience for customers. As Avron said, we are a complete ecosystem for the artist, the customer, the crypto community, and one-stop shopping.

We have some really exciting NFTs coming up as well. For example, we have a never before printed negative of Jimi Hendrix at the Monterrey Pops, which we will release as a one-of-a-kind NFT and then burn the negative!

Financial

Q — Ayeley from GAINS: Did you raise funds so far? If so, how did you handle them? And are you planning to do any future raises?

A — Avron from TWO TWO: We are oversubscribed for our seed, private and strategic rounds and are not preparing for our public offering. We are delighted by the response we have and have received the backing of well-known VCs which we will announce shortly.

Business Development

Q — Ayeley from GAINS: What stage is the project at? And what should we look forward to in the coming months?

A — Avron from TWO TWO: We are launching our NFT sales tomorrow, please see our website for details and safelist to have the opportunity to win an NFT.

Our V1 DeFi platform is currently in development and we are planning to launch in 3 months.

Q Telegram user Dayo: You recently welcomed Alan Teitel, a six-time Emmy nominee, and two-time Emmy award-winning filmmaker. How do you plan to take maximum advantage of having such a profile as part of your project? Will ultraslow be implemented in your future works?

A — Stacey from TWO TWO: We will be featuring Alan’s slo-mo video work in our next drop of NFTs. We will continue to work with Alan as he has a cornucopia of options to work with which makes him ideal for NFTs and our gallery. His work is truly optimal for NFTs and extreme art.

Q — Twitter user @mandbnga5: Long-term goals and motivations will help the project grow. I see many projects that often lose motivation and miss out in the middle when investors don’t come to them. So what are TWO TWO’s long-term goals and motivations?

A — Stacey from TWO TWO: Our goal is for long-term partnerships with our artists both with NFTs and our gallery to perpetuate a unique and extreme art experience. We want to take the art world and bring it to a place that is new and exciting.

A — Avron from TWO TWO: A runner once told me that “discipline beats motivation” and that echoes my experience in delivering successful businesses — it all comes down to execution. Businesses do not fail because of the idea behind them, businesses fail when the team spends too much time talking about the idea and not delivering the product.

Of course, a project needs clear goals and motivated leadership. And of course, we are motivated. We are passionate about breaking down the walls of the art establishment.

But most importantly we have assembled a capable team that has a track record of delivering business and crypto projects and we are all working hard to execute on our goal.

Q — Twitter user @antonio50221026: Investigating in your medium, TWO TWO and UltraSlo will donate the proceeds of NFT to support the philanthropic passion of Alan Teitel. Although the project is not presented as a charitable platform, will they continue to help with other charity projects?

A — Avron from TWO TWO: Charity is at the core of everything we do. Once we have V1 of the platform live we will create a charitable pool that will be used to enable emerging artists and to do good in the community. This pool will be managed by appointed trustees who will enable the DAO to vote on charitable causes.

Q Telegram user Femi Oyinloye: What is your plan to assist digital artists and hopefully Sculpture artists who don’t have access to the right tools?

A — Stacey from TWO TWO: We work with artists and animation companies to help bring sculpture and art to life in both the NFTs and in the future, our gallery.

Q — Telegram user Dies Lienas: TWO TWO will have a gallery in Las Vegas that will be open on May 31st, to increase the value of NFTs by authentication and exhibition. How does it work? Will there be another gallery?

A — Avron from TWO TWO: NFTs are an extension of the gallery. We want to break down the barriers between the real and the virtual. I do believe having a physical presence helps create credibility because the community can always come and visit us in the real world. But we also believe in the power of the blockchain to create a fully audited record of NFTs creating all the trust that the community needs.

Avron, Stacey and Steven, thanks for coming in. It was a pleasure having you in our group today, and taking the time to answer all our questions. Anything else you’d like to say? Where can we follow you to stay updated?Ayeley Commodore-Mensah from GAINS Associates 🐋

It was our pleasure. We love the community. Head over to www.twotwoart.com and safelist to be the first to know what is happening next and possibly win an NFT. Follow us on Telegram. — Avron Goss from TWO TWO

We appreciate the opportunity and audience today. Our website will discuss each of our NFTs in detail. We are going to have a large selection of NFTs from great artists. In order to be selected to win NFTs, be the first to know of sales and be invited to private viewings you will need to safelist with us. — Stacey Maites from TWO TWO

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