https://www.marquisemuseum.com/white-paperTokenomics:
50k lender receives x1 NFT collateral from E.1 which is the edition that will be posted in the IEO using the Vintage ERC-20 batch:
https://opensea.io/collection/marquise-museum-s-pimp-fashionhttps://etherscan.io/token/0xa4daae9552cd2390ee1dcdd1a76bc8d0eea22609We will be selling the 30 item inventory (divided by 66k tokens 2200 per swap) for 100k floor to Korean buyers using top 25 partner who want security deposit before commencing the integration.
The money will be repaid after IEO is financed with 3m USDT and the lender can keep the NFT from E.1 worth 100k. There is no end date of the loan term because it is a unique circumstance and the project is also quite unique.
APE recently performed a successful entry (14 billion cap) on Binance with their new DAO and there are significant variations between ABTx-M3 (as this ERC-20 is tickered) but fundamentally my project is a progenitor of this type of asset vaulting with patent application 1800-14-04:
https://tc.prv.se/aktinsyn/servlet/akt/?lang=sv&ansnr=18001404FYI there are 2 more series in the Pimp Fashion collection, E.2 and E.3 which is reserved for old Waves investors
http://dev.pywaves.org/assets/BS1KFNR8zrXKBEWdUUvpaP6G57Hic3aESkwK7qQKdLpBand Museum permanent exhibition.
The art was created in 2016 and integrated with crypto in 2017 and it is a one of a kind but not quite at the level of a true vintage NFT because there was never any custom coding in the token contract which was deployed by Minereum devs recruited here on Bitcointalk.
However there is alot of off chain provenance to certify 2017 status and the art was digitally produced.
https://opensea.io/collection/vintageprovenanceSwedish Chamber of Commerce initially appraised the images to 47.000 USDT per item when Cryptopunks were trading at 35k floor (today 200k). The appraisal was redacted after Leonidas on twitter commented that there was no custom coding in the smart contract during his compilement of vintage NFTs.
https://docdro.id/d42ND6gAfter evaluating this industrys emergence for the entirety of 1 year it is my belief that the importance of custom coding in this case is irrelevant moving forward because of other acclaimed properties in this collection such as the HD resolution which at the time could not have been ported on chain.
A few top exchanges are interested in IEO and several are in the top 40 bracket but inorder to monetize 3m USDT it must be partnered with top 30 and now there is an IEO offer on the table fresh from today.
It must be financed with 50 000 USDT which is quite alot but the rewards may be exponentially greater when comparing to APE at 14 billion. I think this may have a shot at Unicorn status depending on the remaining runway of this bull market.
If you have any questions use
[email protected] or pm me here on the forum.