ASTERFI: Innovative Solution for Ensuring NFT Liquidity Through Cryptocurrency Backing

The Rise of Asterfi in the Web 3.0 Market

We would like to bring your attention to a collection that has been generating a significant buzz in the NFT market: Asterfi. This collection has gained popularity for its unique concept. However, it is important to note that in this current market, the NFTs that are successful are those that have a clear utility or special application. As the NFT market is still relatively new, we have seen a trend of investors and collectors being drawn to temporary hypes that lack any real value or support. This can lead to a loss of value and harm to investors. One of the major challenges facing the NFT market is the attraction to temporary hype without any real value or support. This is especially prevalent in the current market, where the focus is on liquidity. Asterfi, with its unique concept and utility, aims to address these issues and provide investors and collectors with a collection that has real value and support.

What is Asterfi?

A Revolutionary NFT Collection That Combines Cryptocurrency Investments with Collectability.
This unique collection combines the value of cryptocurrency investments with the collectability of NFTs, offering investors a cash flow stream for each NFT in the collection.

With a limited edition of 2000 NFTs, ASTERFI is the first project of its kind to offer this kind of value proposition. By investing a portion of the mint price of each NFT in a diverse portfolio of 10 cryptocurrencies, ASTERFI aims to capitalize on market bull runs and drive long-term value growth for each NFT. This means that investors can hold on to their NFTs during a bear market and still have the opportunity to sell them and maintain liquidity.
The ASTERFI NFTs also feature unique and visually stunning artwork, adding to their collectible value. The ASTERFI team focuses on increasing the cash flow of each NFT through proposals and initiatives presented through the use of DAOs. This allows NFT holders to vote on and influence the direction of their investments.

A chance to bridge the gap between the crypto and art world

Asterfi has implemented a strategy that involves allocating a portion of the mint price towards a portfolio of 10 popular cryptocurrency assets. This allows holders of Asterfi NFTs to have the option to withdraw their investment at any time. The implementation of this strategy ensures that there will be no issues with liquidity for the collection, as investors have the ability to burn their NFT and retrieve the underlying assets. Additionally, a portion of the mint fee will be dedicated towards project development and proposals that will be presented in the DAO, with the aim of increasing the liquidity of the Asterf collection NFTs. The remaining funds will be invested in the underlying cryptocurrency assets in a randomized manner.

ASTERSFI: Innovative Solution for Ensuring NFT Liquidity Through Cryptocurrency Backing

The chart below displays the 10 underlying assets of the collection, along with their respective weights:

The primary goal of this initiative is to initiate a revolution that connects NFT collections to the cryptocurrency market, leveraging the liquidity of the market and ultimately increasing the value of the project in the crypto market Bull run.

Conclusion

The mission of ASTERFI is to solve the liquidity problem in the NFT market by providing backing for each NFT in the collection. By promoting the belief that unbacked NFTs are too risky, ASTERFI aims to encourage the growth of a digital nation where community members work together to increase the value of their NFTs and have a greater impact on the market as a whole.

The ASTERFI collection was created and developed in response to the challenges faced by many non-fungible tokens (NFTs) in the bear market. Many collections, particularly those that have grown solely through hype without any special or valuable utility, have struggled to maintain value or liquidity as the value of cryptocurrencies has declined.

This article used information found on docs.asterfi.com to provide an in-depth look into the Asterfi collection. For more information on the collection and upcoming releases, be sure to visit the official Asterfi website at asterfi.com and follow them on Twitter @asterfinft.

The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this article is solely the opinions of the writer who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.