Gwantwm Classics Car

unverified
Drop's mint website was not verified by its submitter in our Discord community
February 07, 2022 – February 14, 2022

Marketplace:

OpenSea

Blockchain:

Polygon

Total Supply 2,000,000
Pre-Sale Price 0.0015 WETH, 400,000 copies, 02/07/22 to 02/21/22
Sale Price 0.003 WETH - 0.004 WETH, 1,500,000 copies, 02/22/22 to 05/07/22

Program:

Gwantwm & Co. Inc. forms and manages a subsidiary called Gwantwm Classics 2022 LLC. That the voting rights DAO NFT program (decentralized autonomous organization) could help operate and financially support. The membership NFT is targeted at automotive enthusiasts within the crypto community. For these individuals to have a governance and membership role within the car club. One NFT = One Vote. To select, which cars the club buys and decides how they can be managed. The majority of the cars will be vault held with the goal for the collection to produce long-term valuation gains. 

NFT holding members may receive recurring rewards and be entered into a yearly prize raffle. Gwantwm & Co. Inc. and or its affiliates may buy back NFTs from members throughout the life of the program. Repurchased NFTs will not be resold, to reduce the total circulating supply but Gwantwm & Co. Inc. and or its affiliates will use them to vote on club initiatives. The collector cars will be owned by limited liability companies, which will function as wholly-owned subsidiaries of Gwantwm Classics 2022 LLC. (unless a car is purchased in partnership with an outside party). In most cases, each LLC will be set up to own a single car. Purchases will be made in full through NFT sale proceeds and will not take on any debt financing.
Our admin team is comprised of executives with more than 60 years of asset management, technology development, and professional sports experience.  

 

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