Executive Summary
As the Bitcoin ETF approval rapidly approaches, the cryptocurrency user base will broaden, bringing in millions of new users. These new investors are going to be looking for something new in the cryptocurrency world; something that transcends the world of meme coins. Pink Fashion Token is the first coin that goes beyond this current meme coin world, ushering in a new era that celebrates fashion and art through the medium of cryptocurrency.
Background
Throughout the millennia, art has been integral to the creation of money. Going back to ancient times, depictions of historical events, animals, rulers, and the personification of Gods have seen themselves portrayed on coins. As we move into the golden age of mint engraving, we see the likes of Augustus Saint-Gaudens, Charles Barber, and George Morgan creating some of the most beautiful coinage ever minted. In the present, current coinage exhibits more physical ideas; historical leaders, national parks, animals, and the like. Irregardless, each piece of art on these coins has reflected the culture of those that made it.
The Future
In its early days, the cryptocurrency market was only available to a select few. It required extensive (relatively speaking) technologic aptitude to navigate this world and to a lesser extent today, still does. As such, the art on these coins reflects the culture of a young technology savvy crowd: meme coins. As the crypto user base begins to broaden and require less technological knowledge to maneuver, the process of creating, exchanging, and distributing crypto tokens will be available to a larger proportion of the population. The resultant rise in the cultural diversity of the crypto community will exhibited through the art incorporated into the new crypto tokens they mint.
What is Crypto Art?
There is no “right” answer that describes crypto art. For some, it is exhibited through the beauty of code. For others, it is in what the coin represents. Over the next several years, we will see emerging artists push new boundaries and provide answers to the question: What is Crypto Art?
Why Pink Fashion Token?
The Pink Fashion Token was created to be a foundation for future crypto artists. Simple yet elegant, this coin takes a basic idea, the color pink, and weaves it into its fabric of existence. From this very paper, to it’s logo, to the number of coins minted, this simple coin celebrates all that is pink, paving the road to a new generation of cryptocurrency art.