Alpha Whale Fund is about to be the first NFT project to ever run a community Crypto hedge fund. Alpha Whale Fund will be releasing 5,000 unique NFTs soon
. Get ready to mint an Alpha Whale, hold it in your wallet, and start claiming your rewards.
The tremendous growth of the non-fungible tokens (NFTs) space is double-edged. While it may have transformed the wealth of countless investors and artists alike, it has also become a cash grab for people looking to line their pockets at the expense of the community.
Quality and utility are thrown out of the window while the community is ghosted once the founders have vacuumed money out of their supporters’ pockets.
While community relations may not be the top priority to many NFT artists or developers, the Alpha Whale Fund team is here to help the community flourish by rewarding holders, especially those who mint their digital art.
Frustrated at the lack of utility and unrewarding tokenomic designs of most projects, the Alpha Whale Fund team is committed to rewarding Alpha Whale holders for their loyalty and support. This drop is particularly unique as it is the first NFT collection to reward holders, allowing everyone to earn passive income from holding their NFTs.
Earn Passive Income with Alpha Whale
The Alpha Whale Fund is more than your traditional NFT because holders will have access to a vault accumulation fund, where 50% of proceeds from NFTs sales, mint, and royalties are shared. Alpha Whale Fund’s primary focus is building long-term, hands-off wealth for its community. This is why each holder will receive a share of the vault’s holdings based on the number of NFTs one holds.
Alpha Whale Fund will be sending holders of the NFTs their share of the vault at the end of the year via Airdrop – where each holder will receive ETH proportionally to how many NFTs they have. If there are 5,000 worth of ETH in the vault, for example, and 5,000 NFTs are outstanding, each holder will be airdropped 1 ETH per NFT that they own.
First Community NFT Hedge Fund
The project team has a proven track record of success in NFTs and crypto investing. With over 10+ years of stock & options trading experience, the team has launched a crypto hedge fund to invest in the best projects in the crypto space. The team wanted to share the love and profits they have received over the past decade back to the community.
Through a community-driven voting system, Alpha Whale holders will vote for which Crypto projects the vault will be investing in next. In addition, the team will consult the holders and listen to their ideas on how else the vault capital may be invested.
The creation of the DAO NFT hedge fund provides a real use case for Web 3.0 and a commitment to empowering the crypto community. Holders can decide the project’s actions and initiatives.
With the NFT rewards concept and the commitment to sharing success with the community, Alpha Whale Fund allows the holders to earn passive income and flourish.
The Alpha Whale NFT sale will begin soon on their website. You still have time to get on the Alpha Whale whitelist and be one of the first to join. Follow the project on social media for more details on the minting and ongoing community-building initiatives.
For more information, please visit the Alpha Whale Fund website.