NFT transactions have risen from $40.96 million during the early 2018 introduction to more than $338.04 million during 2020, with no signs of slowing down any time soon. Just in those first two years, NFTs grew by more than 8 fold, and that was before we were all stuck indoors as musicians, artists, brands, and celebrities joined in on the trend and started minting new NFTs of their own.
With all of this cryptocurrency changing hands, a new minting opportunity was created. What if there was a way to reward NFT investors for holding on to their digital assets while also using venture capital gained from the sale for impact investing in philanthropies? It is a win-win for the people who want to grow their digital investments while giving back to the society that offered such a unique proposition.
That is precisely the middle ground where the new NFT collection from The Gents Club will make its mark.
What is this Whole NFT Thing?
Simply put, an NFT is a one-of-a-kind digital item that has value. It stands for non-fungible token and typically works on the Ethereum blockchain. Think of it like currency versus pieces of art. A dollar bill is a fungible token because you can trade it for another dollar bill of the same value. An original Da Vinci is a one-of-a-kind item that cannot be exchanged for the exact same thing, only something of similar value.
That is how NFTs work. You are purchasing a piece of digital art, audio, or video that is proven to be owned by you using the public transaction record of the secure and algorithmic-based blockchain technology.
What do NFTs have to do with Impact Investing?
At its core, impact investing is designed to benefit society by using the acquired assets that generate measurable returns for an organization doing something good in the world. If you were to purchase an apartment building and turn it into affordable housing, you are impact investing. You will turn a profit for your money, but you will also be providing a valuable asset to help alleviate the problem of overpriced housing for those less fortunate individuals.
What does this have to do with NFTs? Ask yourself this: if you could invest in an NFT project that also generated income to benefit cancer societies, educational scholarships, and more, wouldn’t you do it?
Even better, you can use the funds earned from your NFT purchase and put them into a group pool where they can be leveraged for venture capital and staking. Venture capital is a foundational financing option for many startups and small businesses worldwide who cannot get access to banks or need more resources than what is available. It is the driving force behind many successful companies listed on the NYSE today.
Enter The Gents Club
A new NFT collection has combined the properties of engaging and attractive design with cryptocurrency ecosystems, resulting in a shared experience for investors. Not only will buyers get direct access to incredible NFT digital assets, but they will also be able to enjoy the potential good being done with multiple charities and organizations seeking to make this world a better place to live.
The Gents Club is an NFT collection of 6,666 unique digital crypto gentlemen that live on the Ethereum blockchain. This is a Metaverse project tailored to the world of impact investing by combining the ideas of philanthropic outreach with venture capital. Together, the funds used by this NFT collection’s roadmap have the potential to change and help so many lives.
Every investor in this new NFT collection will have a small portion of their purchase price placed into different pools. These pools will be distributed to charities like $50,000 for breast cancer research and multiple educational scholarships.
Investors will also be treated to personal benefits like virtual seminars, access to life coaches, dapper-style merch, galas, and membership in an exclusive discord and Metaverse club. Think of The Gents Club as one of those old school organizations of sophistication that is equally focused on improving their family’s fortune as they are for the greater good of society.
If you would like to get in on the ground floor of this phenomenal NFT opportunity, follow the progress of The Gents Club’s roadmap by visiting their website or discord. There you’ll be notified of any news and updates to future distributions, sales, mintings, and announcements.
Change the world while putting a little extra crypto in your digital wallet, and check out the new NFT collection and impact investing opportunity provided by The Gents Club.