Heart of Gold is the world's first web3 NFT project with a buy-back function enabling users to sell their NFTs to mysterious Deus ex Machina for up to 100X returns. The rarer the NFT, the more substantial Deus's compensation becomes.

Username

Heart of Gold

Grant Description

"Heart of Gold is the world's first web3 NFT project with a buy-back function based on lottery mechanics enabling users to sell their NFTs to mysterious Deus ex Machina for up to 100X returns. The rarer the NFT, the more substantial Deus's compensation becomes. Key Features: -Win-win game mechanism -An absolutely transparent process for users -The project is inherently designed for long-term sustainability -Elimination of human error, with all fund movements executed by a smart contract 👉Already launched on BNB Smart Chain (BSC)"

Overview

Heart of Gold is the world's first web3 NFT project with a buy-back function enabling users to sell their NFTs to mysterious Deus ex Machina for up to 100X returns. The rarer the NFT, the more substantial Deus's compensation becomes.

Our business model targets a 1.5x increase in both gross profit and user base with each minting event. This aligns with our project's core objective: addressing the prevalent issue in the current NFT market—lack of utility—by offering our users opportunities to expand their investments.

Team expertise: -Over 50,000 NFTs sold in total. -Justin Sun purchased our NFT for $15,000,000 and has been using it as his profile picture since then. -ROMI > 4000% in our NFT projects. -The team previously worked together to successfully reach the breakeven for Choise.com (ex-Crypterium), turning it profitable.

Value to Synthetix

Project Implementation Plan

Certainly, most of our team members have been involved in web3 and crypto since early 2017, with extensive expertise in their respective professional spheres, including product development, marketing, data science, design, community management, and more. Additionally, we have been actively engaged in building NFT projects since early 2021, demonstrating significant achievements and acquiring a deep understanding of this sphere. Moreover, we have previously collaborated in crypto and web3 startups, collectively resolving project challenges, initiating projects from inception, and successfully scaling them. My team and I have collectively sold over 50,000 NFTs. Out of these, 30,000 were sold in 2022, a period when the initial hype subsided, causing significantly poor results for other collections launched at the same time. During this phase, we identified several unconventional marketing channels and geographical regions not typically associated with NFTs. These discoveries resulted in enormous sales, showcasing a total ROMI of over 4000%. The current challenge in the NFT market is the lack of utility and transparency in projects created between 2021-2022. To address this, our ready-made product offers essential functionalities, capital preservation, community-centric features, protection against dumps, credibility, audited storage contracts, and buyback options. It's poised for launch to rekindle interest in NFTs by meeting these market demands. "Our product was initially launched on the Binance Smart Chain; however, we are keen on migrating to Polygon. The move to Polygon offers improved scalability, reduced transaction costs, and a vibrant ecosystem, making it an attractive choice for our project's growth.

Furthermore, we aspire to transition our project into an open-source model, fostering greater community collaboration and innovation." The number of NFTs in each minting event is 10,000. The price of each NFT is 0.3 BNB. The project's revenue will primarily come from the sale of NFTs. Up to 80% of the funds go back to users as a prize reward pool. A portion of the minting income will be allocated to the development team and HoG brand to ensure sustainable growth of the collection's value in the secondary market. Our plans include building the largest stable NFT community and organizing minting events each week. Additionally, we aim to potentially increase the number of available NFTs in each minting event.

Additional Information

Here is our Pitch Deck > https://drive.google.com/file/d/11ChRh-cBCC7svA_3hNsmZ9qPg1qFRq-s/view?usp=drive_link

Funding Request

$100,000