1. What is K21?

K21 is a type of token, but the specific functions, technical features, and application scenarios related to it are not clearly mentioned in the provided search results. Here is some general information about tokens:

• Nature of Tokens: Tokens are a form of digital currency that uses cryptographic technology to ensure secure transactions and control the creation of new units. They typically utilize decentralized control methods and record transactions through distributed ledger technology (such as blockchain).

• Regulatory Environment: Tokens face different regulatory environments in different countries. For example, China has banned virtual currency transactions entirely, including services provided by overseas virtual currency exchanges to residents within China.

• Future Outlook: Despite the challenges facing tokens, many experts believe that digital currency will be a trend for the future. Institutions like the International Monetary Fund (IMF) are exploring the development and regulatory issues surrounding digital currencies.

If you need specific information about K21 Tokens, it is recommended to visit relevant official websites or community forums.

2. Who founded K21?

K21 was founded by Kanon, a blockchain-based project aimed at establishing new protocols for art over the next 100 years. The project involves some of the world's most experienced and renowned artists, including Alex Mordvintsev, David OReilly, COOL 3D WORLD, Hank Willis Thomas & the Wide Awakes, and Flip Hodas.

3. Which venture capital firms invested in K21?

According to the provided search results, there is no direct information regarding investments in the token "K21." These results mainly refer to the venture capital financing situation in the global blockchain industry in the first half of 2018, including financing for several blockchain projects and companies such as BHex, CoinMex, and Kuang-Chi China, but do not mention "K21." Therefore, it is unclear which venture capital firms invested in the token "K21."

4. How does K21 operate?

Tokens are a form of digital currency that uses cryptographic technology to secure transactions and control the creation of new units. Here are the key points of how it operates:

1. Blockchain Technology: Tokens are based on blockchain technology, which is a decentralized distributed ledger that records all transactions on the network. It is maintained by a network of computers rather than a central authority, making it difficult to alter or tamper with.

2. Decentralization: Tokens are not controlled by any central authority or government. Transactions are peer-to-peer and anonymous, allowing for higher levels of privacy and security.

3. Security: Tokens utilize advanced cryptographic technology to ensure transaction security and prevent fraud and hacking.

4. Transparency: Transactions on the blockchain are transparent and visible to all users. This creates a high level of accountability and security.

5. Mining Process: The units of tokens are created through a process called mining. Miners create new blocks by solving cryptographic equations and permanently add these blocks to the blockchain.

6. Wallets and Transactions: Tokens are stored in digital wallets, and transactions are completed through transfers between wallets. Each transaction is recorded in a public ledger.

7. Value and Volatility: The value of tokens is determined by market demand and supply and is highly volatile.

In summary, tokens operate through blockchain technology, decentralization, security, and transparency.