FAPP is a really uncommon nonfungible token (NFT) assortment. It’s not about animals or pixel faces. It depicts, nicely, you’ll be able to see your self.
It’s daring and provocative. However, it has a powerful message: Physique positivity is kind of a development these days, however principally it’s not about males. FAPP reminds us that even males generally don’t settle for themselves.
What makes FAPP particular?
Not solely the message and vivid artwork but additionally critical charity objectives.
FAPP founder Eli states that he’s going to make a donation of $100,000 to one of many HIV/AIDS foundations as soon as the gross sales begin.
There’s already an inventory of organizations. One among them will obtain the cash switch.
FAPP is a venture that can train you to snigger at your self, settle for your self with all of your peculiarities and love your physique.
There’s a full story of venture #FAPP listed on Medium.
Who’re the individuals behind FAPP?
The founder’s identify is Eli and he began investing in Bitcoin (BTC) again in 2016.
Eli has all the time been keen on artwork, investments, automobiles and accumulating varied issues.
He graduated as a monetary supervisor which helped him to know the economics of NFTs. Eli made his first cash from advertising and site visitors acquisition, and he was repeatedly investing all his cash into completely different property.
The NFT artist’s identify is Robert and he’s additionally a tattoo grasp. Eli’s concept shortly resonated in his coronary heart.
There’s an article with far more details about FAPP founders.
What has been completed and what are the plans for the long run?
The artist created 175 hand-drawn traits for NFTs. Then, the builders created a website on Net 3.0.
Then, a wise contract was launched, making the sale of tokens as dependable as doable.
The price of every NFT on the first market might be 0.08 Ether (ETH). Sooner or later, every collector will be capable to resell them on the worth that he considers crucial. 7% of each transaction within the secondary market will go to the venture’s liquidity pool. This cash might be used to develop the venture, put money into charity and assist make the planet extra eco-friendly.
Every collector can have the appropriate to vote and affect the additional improvement of the venture.
Extra details about the FAPP plans could be discovered right here: The FAPP Roadmap.
FAPP advertising technique
There’s a skilled advertising crew engaged on the venture promotion.
The declared advertising funds is over $150,000, and it’s distributed between many channels: celebrities, YouTube and Twitter influencers, Instagram and Fb adverts.
FAPP additionally partnered with Hennessy Carolina — Cardi B’s sister.
The place can I learn extra details about FAPP?
Right here you could find a brief video explainer:
Right here’s an article explaining the economic system of the token deeper:
Listed below are some key hyperlinks to FAPP:
How are you going to purchase a FAPP NFT?
The mint-pass will go on sale on Nov. 23. The creators promise that the homeowners of the primary assortment will be capable to obtain the next privileges:
- Obtain one free NFT from the next assortment;
- Obtain a further merchandise accessible solely to you;
- Vote on the selection of a charitable group;
- When shopping for a token on the first market, it can price considerably much less which suggests you may make good cash.
The joy across the assortment is kind of appreciable, so we consider that it’ll price a number of instances greater than on the day of launch after some time.
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