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TattooMoney (TAT2): A Deflationary Token on Ethereum for the $3 Billion Tattooing Industry

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TattooMoney (TAT2): A Deflationary Token on Ethereum for the $3 Billion Tattooing Industry

Ever watched the movie The Tattooist?

If you have or haven’t—the movie depicts the role of tattoos in ancient New Zealand. And how revered and sacred tattooing has been since time immemorial.

For all we know, tattooing is art–and art is as old as humanity itself.

The Tattoo Industry is Worth over $3 Billion

As expected, it has evolved. From crude weapons, the industry caters to all and sundry using sophisticated gadgets. There are dedicated artists and a supply chain to prime the $3 billion industry. 

With people interested in getting their favorite artwork etched and artists eager to showcase their artistry, there is an opportunity for the savvy and investors who read opportunities in the sphere.

As it turns out, Italy is the most tattooed country globally. At the same time, the United States leads in the number of tattoo shops with over 21k parlors to choose from. 

However, that is not to say tattooing is a country “thing.” 

Over 40 percent of the world’s population between 18 and 34 years have at least one tattoo. 

This is a global industry deserving of a worldwide platform baking in new emerging technologies for efficiency and frictionless funds transfer.

What is TattooMoney?

TattooMoney is laser-focused on the $3 billion industry. They are firmly convinced that a large amount of the future of tattooing will be played out in the digital domain. 

At the center of TattooMoney operations is the TAT2 utility token crafted explicitly for the tattoo industry that’s rapidly growing. 

There will be a total supply of one billion TAT2 tokens, of which 48 percent will be sold to the community.

There are several reasons why the token was created. 

Tattooing is a global industry, as aforementioned, and more people are keen on getting at least one tattoo. 

With cultural changes, a suitable token tailored for the industry is necessary. 

TAT2 token is therefore digital and interoperable to reflect the change and the intermingling of culture. Moreover, the development team designed it to be deflationary. 

Out of being cross-chain, funds can be channeled easily from one zone to another cheaply and in real-time. 

TAT2 for Payments, Remittance, and Trading NFTs

However, there are even more benefits. 

One of them is on payments. 

Remittance could be one feature, but nothing is as fulfilling as a tattooing studio receiving payments without carving out a percentage to a middle man. 

Besides, the TAT2 token allows holders to trade NFTs on Tattoo Money’s NFTattoo platform. 

There are even more perks on the line thanks to the innovation around blockchain and the ambition of developers to maximize income streams for token holders. 

The TAT2 token can, for instance, be staked for a yield. 

Additionally, users can supply liquidity on various supported DEXes in exchange for valuable TAT2 tokens distributed from multiple pools. 

As it turns out, staking and liquidity mining are nifty means where participants earn more coins, increasing their bottom lines with minimum risks. 

Holders who choose to stay conservative stand to receive airdrops, increasing their bags.

TAT2 tokens would be easily bought with fiat from Bitcoin ATMs located in tattoo parlors for ease of use. These special ATMs, TAT2ATM, are already installed in various countries. 

For example, there are four in Poland, one in Tenerife, Spain, another in Italy, and over ten more will be distributed to various tattoo shops in Europe in the days ahead.

Launch on Ethereum before Deploying on the Binance Smart Chain (BSC), Polygon, EOS, and Solana

While TattooMoney is on the Ethereum blockchain—the most active public chain globally with a well-developed DeFi and NFT ecosystems–, they plan to branch out to the Binance Smart Chain (BSC)—another active platform–, EOS, Solana, and Polygon. 

The objective is to cater to the needs of tattoo fans in both blockchains without compromise. 

In the future, the goal of TattooMoney developers is to launch their independent chain tagging features available in Ethereum and BSC. 

The decision to first launch on Ethereum is strategic. 

Considering the breadth and depth of the Ethereum ecosystem, TattooMoney plans to tap on the chain’s network effects. 

Furthermore, the development team is desirous to easily integrate with other third parties since most exchanges widely support the ERC-20 and different Ethereum standards. 

TattooMoney is also attracted to Ethereum’s scaling roadmap, especially with the rise of Layer-2 and the shift to a staking network with later sharding for on-chain scaling.

The TattooMoney NFT Platform

The platform also has a dedicated NFT portal for tattooists to sell their designs. 

Collectors, on the other hand, can acquire them before reselling to interested buyers for a profit. 

The NFT platform is an attractive and well-thought-out plan of adding value to the reproduction of tattoo designs, illustrations, and much more. 

Media Contact Details

Contact Name: Adam Lupinski

Contact Email: [email protected]

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