#21 Proceed with the NFT Vault product

Voting ended almost 3 years agoSucceeded

Dear AGFI Community,

We are excited to share with you our latest project plans, the Vault NFT collection. This investment opportunity is based on our factual recognition of a unique selling point: "95% of traders fail to make money or lose." We believe that instead of spending lots of time and experiencing stress trying to trade, our investors can benefit from having Ed and AGFI manage their investments in real time as he currently does with the AGFI treasury.

The Vault NFT collection allows investors to purchase an NFT valued at $400 USD that acts as a redeemable token for passive income. Ed and AGFI will trade the funds, using Ed's special techniques to ensure low risk and consistent returns. This eliminates the need for investors to spend time researching markets, monitoring trades, and managing investments on their own.

We are confident in our ability to deliver returns for our investors based on Ed's track record, especially during this bear market. To be eligible for profits, the NFT must be staked. Important point for AGFI holders is that 10% of profits generated by the Vault NFT collection are used for buybacks of AGFI. This buyback mechanism will add even more value to AGFI holders by increasing the scarcity and demand for AGFI tokens and as a result the price.

Please give us your thoughts/comments on this idea, we have been discussing and working on this for a few months now at no cost (as volunteers) and we are potentially seeking more volunteers from the community to help find us some NFT artist that can provide some free samples.

In order to launch this project it will need to go through a DAO proposal vote and so prior to doing so, it would be good to hear from the community on the sentiment around this AGFI subsidiary project idea. There will be a slight cost to draw the NFTs but that will be paid out from the operations wallet. Once we have some backing we will offer the community to help us vote on the type of NFT they like, I.e Profile pic characters, Gems, Animal kingdom or simple planets.

Update:

Ed proposed himself to draft the first batch of NFTs, around 1000 pieces, free of charge If the product turns out well received, we will do a second round of nfts with higher value, designed by a professional designer