The first investment backed revenue-generating NFT collection.
ALL BLACK is a collection of 500 unique pixelated black squares. Intentionally minimalistic in design and aesthetic, ALL BLACKs present a new paradigm for NFTs - productive, revenue-generating assets beyond just PFPs and JPEGS.
Key points:
· ALL BLACK will be backed by a decentralised investment fund – ObsidianDAO
· 95% of funds raised at the genesis auction + 100% of secondary market fees will be put into the DAO treasury to be managed by ALL BLACK holders.
· ObsidianDAO will generate revenue by deploying capital through a variety of investment and liquidity-based strategies across multiple decentralized finance (DeFi) ecosystems and protocols.
· 50% of all revenues generated by the DAO will be directly paid back to ALL BLACK holders.
Obsidian's goal is to generate the highest returns possible for ALL BLACK holders and establish itself as THE premier investment DAO.
