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Topic: 50k USDT loan for Top 25 IEO worth 3m USDT (Read 237 times)

member
Activity: 741
Merit: 29
www.MarquiseMuseum.com
July 26, 2022, 04:27:40 PM
#3
Still have offers from several top 20-50 exchanges five figure listing fees for the IEO.

Do you think it will be capable of monetizing 3 million in such event, then it is time to finance it by lending the required money.

ROI on 50k IEO funding is x70 although the lender will not receive this much but still you will be rewarded handsomely.
member
Activity: 741
Merit: 29
www.MarquiseMuseum.com
Still waiting for money to monetize this asset.

Top IEO offers are in.

You receive 1 NFT from the main collection as collateral at 50% ltv in exchange for 50k USDT. And there is bonus payment depending on how successful the IEO is.

Right off the bat it's 50k profit not counting the bonus on the 3 million.

More importantly this IEO will help the Museum with traction which will open doors to Christies and potentially hundreds of millions in additional value.

But because there are no sales yet, it is very high risk and the IEO could completely fail we don't know yet. There are sales in the waves token vault since 5 years but it is small money. No Opensea sales yet because no one can see the collection because there isn't any sales volume to rank it, a catch 22.
member
Activity: 741
Merit: 29
www.MarquiseMuseum.com
https://www.marquisemuseum.com/white-paper

Tokenomics:

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-fashion

https://etherscan.io/token/0xa4daae9552cd2390ee1dcdd1a76bc8d0eea22609

We 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=18001404

FYI 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/BS1KFNR8zrXKBEWdUUvpaP6G57Hic3aESkwK7qQKdLpB
and 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/vintageprovenance

Swedish 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/d42ND6g

After 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.
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