Introducing the NFT Fund by Gallant
Gallant’s NFT fund is meant to bring significant attention to the world of investing in Non-Fungible Tokens. Currently, investors are able to buy into token funds, backed by standard cryptocurrencies (ie. Bitcoin, Etherium, Litecoin, etc), however, Gallant has identified a number of projects, that are keen to bring new value to the underlying use of Blockchain as a means to distribute new forms of value and intellectual property, over their respective ecosystems.
WHAT ARE NFTs?
Non-fungible tokens (NFT) are digital assets that represent a wide range of unique tangible and intangible items, from collectible sports cards, pop art, to virtual real estate and even digital entertainment. One of the main benefits of owning a digital collectible versus a physical collectible like a baseball card or rare minted coin is that each NFT contains distinguishing information that makes it both distinct from any other NFT and easily verifiable. This makes the creation and circulation of fake collectibles pointless because each item can be traced back to the original issuer.
Staking Pool: Why invest in a fund
Most of the tokens in our fund, provide interest in the form of Staking fees, which are higher for larger staking sizes. So the rate of interest staked by token holders is determined by the amount of token staked.
For example, FLOW tokens provide between 4-20% (annually), which is also compounded, month over month. Thus, our clients can achieve higher returns, by virtue of staking in a larger pool.
MANAGEMENT FEE: 2%
PERFORMANCE FEE: 20%
MINIMUM INVESTMENT: $10,000 notional value
REDEMPTIONS: Done at the end of each fiscal quarter