- Financial Advisors Club NFTs now Minting live.
- This is the first NFT providing 25% in rewards from tax to its holders.
- The NFTs now mints live on the Ethereum Blockchain as an ERC721 Token.
According to their official announcement on Twitter, this is the first of its kind.
Financial Advisors Club NFTs Now Minting Live!🚀
FIRST NFT collection providing 25% in rewards from tax to holders. Austin Mahone, B Lou, Wall Street Bets and others have talked about their project & they have an insane community!
— Carlo Armilo (@carlo_armilo) September 28, 2021
Also, the team revealed its minimum viable product will be the first NFT to give 25% in rewards from tax to holders. This means all NFT enthusiasts can experiment with their Minimum viable products (MVP).
To clarify, the Financial Advisors Club is a community of 5,000 unique financial advisors that call themselves “Degenerates”. They love to wear financial advisor’s avatars as their profile pictures. The Financial Advisors Club is a branded meme-inspired series of 10,000 unique NFT mints that is now live on the Ethereum blockchain as an ERC721 Token.
Specifically, NFTs have existed for a few years but the market is recently gaining traction. To add on, NFTs are non-fungible digital assets that can be bought and sold like any other traditional work of art. That is to say, NFTs have created room for artworks to be tokenized.
Going back, one news that turned a lot of interest towards NFTs was the animated Gif of Nyan Cat — a 2011 meme of flying pop-tart cat — sold for more than $500,00. Besides this, weeks later, Canadian musician Grimes sold some of her digital art for more than $6m.
Furthermore, we can go on and on about many feats NFTs have achieved since their launch. Thanks to much good news surrounding it, many crypto investors are turning towards NFTs.
To conclude, according to statistics, the Financial Advisors Club NFTs sold 29 times in the last 7 days. The total sales volume for the Financial Advisors Club stands at $7.64k. They also recorded an average price for one NFT at $263.4.