naterudichuk

Definitely, although I think a utility backed NFT could actually have some staying power. I am not so sure we would ever consider creating NFT's without the utility and branding behind the project.

Interesting, I see NFt's as a way to support a thesis or company project! We have the ability to release NFt's simultaneously to our product release so we figured It could be a great opportunity to do both together!

Definitely not easy, we are going to be building the community with our strategy starting this weekend. We are also not releasing an NFT until there is a community around the app. Good points though and definitely something I will think about. Thanks!

Great points! I think rug pulls or outlandish concepts for NFTs are unfortunate for sure. We have a public beta and by the time the NFT drop is out, we will be fully launched, so at least there will be a project to showcase our work. We are working with a fairly well known defi engineer so I am confident that our strategy will have a chance at success! Thanks for the comment!

Also to clarify, there is no return on investment. We are basically showcasing the algorithm access as a cool feature of this collectible. From my understanding if we were to treat this as an investment that will increase in future value or distribute any sort of earnings then we would have to register with the SEC.

NFT is not tied to stock, the only long term value I see it providing users is access to information that our algorithm provides which will be tokenized so that a holder of our NFT can accumulate incrementally or spend tokens on information, which gets more robust and in-depth the longer it is running. Owning this NFT won't make you a shareholder. In terms of exit options, NFT's can be resold at any time. Any concerns, suggestions or inquiries for exit and liquidity options? This part is being put together now so we are still learning!

Great point, we have thought about it too. We are getting a lawyer involved to overlook everything.