Michele Giancarli was born in Lugano, Switzerland to Italian parents and has lived in Montevideo (Uruguay), Rome, Milano/Varese, St. Petersburg (Florida, USA), Zug (Switzerland), and is currently residing in Dubai. He has been working full-time in the cryptocurrency space since 2017 with Poseidon Group Holding (Lugano, Zug), initially as a business developer for the first Italian ICO held in Switzerland, which raised 27 million dollars. The ICO was a mobile app that enabled by the ICO allows users to securely store, convert, and spend Bitcoin, Ethereum, and other ERC20 and ERC223 tokens, featuring a built-in DeFi exchange and a connected crypto VISA debit card. Moreover, the native token of the ICO has established a joint venture with a cross-chain protocol, providing additional functionality.
With Poseidon Group Holding, Michele was also involved in other projects as a project lead, including research and development of a DeFi protocol governed by a DAO for yield optimization, and the creation of a hedge fund in the Bahamas (for accredited investors only, with investment management and fund administration in the Bahamas and advisory services in Switzerland) with various classes of trading and investment exposure, including BTC, ETH, dynamic trading, and NFTs.
With the emergence of NFTs in the WEB3 space and a favorable market, Michele began investing in digital art as an investment and exploring other applications of NFTs. This led him to become a strategic investor and Chief of Business Development for Lucidao – a project under development – a DAO that allows members to participate in the strategic decision-making of Altr (Altr.trade), a decentralized marketplace for luxury goods, including watches and vintage cars, traded in crypto.
With Altr, users can purchase luxury items as investments, linked to NFTs to facilitate ownership and secondary trading (including redeeming), and also fractional ownership of assets by multiple owners who are exposed to a percentage of the value of the object. Altr has already sold a Rolex Daytona 6265/8 for $195,000 and is close to selling a Ferrari F40.
Michele’s interest in digital art is rooted in the market and environment that are laying the foundation for an inevitable reality, considering the fundamentals of traditional art that are repeated in digital art, but with added components driven by technological advancements. His passion for digital art and study of the market’s rules led him to create the Synballein project (synballein.com) to bring together selected artists and new collectors, providing assistance for those who see the great potential in the digital art realm in terms of investment and selection.
Michele is a collector of various NFT digital artists, including the Italians Skygolpe and Federico Clapis, and another favorite, ThankyouX.
Michele Giancarli
Chief Business Development Officer – Lucidao, Altr
Web3 and Digital Art Investor and Analyst