NFT

NFT (Non-Fungible Token) is a unique digital identifier stored on a blockchain. It cannot be replaced, altered, copied, or divided. This property makes NFT a perfect way to certify a digital entity's ownership and authenticity.

The NFT industry is predicted to grow by at least a 33% yearly rate for several years. From $25 billion in 2021, it will increase to $80 billion in net sales volume by 2025.

As Eggcellent NFT Club aims for the long-term growth and prosperity of our decentralized autonomous organization (DAO), we believe that NFT is the future. By investing in this venture, we aim to create a reliable and sustainable income stream to support the DAO.

Contrary to popular belief, NFT is not only about digital paintings or artworks. Business ideas, digital products, or anything that can be converted into a digital form and represents intellectual property can be minted as an NFT.

An NFT can either be directly sold or converted into a commodity (similar to shares) with a varying value/price over time. Investors can own a part of the NFT's share in the latter case and sell it when the time is right. Eggcellent NFT follows this model of profit-sharing for stakeholders.

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