Investments 📈
We will be proactively deploying a portion of the funding pool & royalty funds, mint funds, and personal finances to invest in assets that augment both the funding pool for the DAOs and the social dynamics within The Crews.
Funding pool funds
We've devised a self-perpetuating system that promotes sustainable growth and compounding rather than depleting our funding resources. A percentage of the secondary sale royalties and investment returns are strategically redirected back into the investment pool. This cyclical process not only amplifies the investments but also bolsters the financial resources for the Crews, further reinforcing the investment pool in a virtuous circle of growth and prosperity. Each investment will be coupled with a set re-evaluation period. For instance, as we begin accumulating CFT and FRMD, these investments will be locked and staked for a six-month period. Upon conclusion of this period, we will reassess the investments and decide on the next course of action.
This approach could be particularly beneficial during a bullish market phase. It might be prudent to convert a portion of the investments into stablecoins, which could then be methodically dollar-cost averaged into the market during its subsequent cycle. This strategy allows for tactical navigation through market volatility, capitalizing on opportunities as they arise.
Here's a snapshot of our current and planned investments designed to bolster the funding pool and enhance the social fabric of The Crews:
CFT: We currently hold 250k CFT, with plans to escalate this to 2 million CFT. These tokens will be staked and delegated to the Crews collection, with the rewards distributed to the funding pool. We're bullish on CFT's potential as a multi-chain NFT marketplace, with the CFT token acting as a stake in the business as they share platform fees with token holders. Also with CFT 2.0 it further incentives trading The Crews collection therfore increasing the funding for The Crews.
FRMD: We plan to invest in FRAMD by acquiring and staking their native token FRMD. The staking rewards will be distributed to the funding pool. We have confidence in FRAMD's robust tokenomics, its ever-expanding ecosystem and strong team, indicative of its long-term viability.
ICON Node Operation: We will be investing in setting up and operating an ICON node. Profits from this node will be channeled into the funding pool. Reflecting our commitment to the ICON ecosystem and to bolster the Crews ecosystem.
RFOX Apartment: This investment aims to enhance the social aspect of The Crews, providing a space for socializing with the added benefit of staking the apartment. We envision The Crews collection as more than just a PFP collection - we aim to foster multiple communities where individuals can connect, share ideas, visions and build together.
These initial investments lay the foundation for our long-term growth strategy. However, we have many more investment plans in the pipeline and will announce once we have finished assessing them. We are also exploring real-world investments that could amplify funding for The Crews and elevate the socializing aspect to unprecedented heights.
All wallet addresses that hold investments will be made public for transparency.
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