The highest unit price soared to 33 SOL, who is Paradise NFT?
When the market is mired in garbage time and unable to extricate itself, an NFT project begins to break through.
According to OKX NFT market data, the total trading volume of this NFT reached 11,260 SOL within one day of being listed on the secondary market, approximately 1.57 million USD, with its classic version floor price rising from 7.9 SOL at public sale to 33 SOL, and the minimum bid for the legendary version even reaching an astonishing 456 SOL.
According to RootData, Paradise NFT is a limited collection series of 8,888 pieces on the Solana network, offering legendary and classic versions. They hope to create a Web3 utopia - 'Peach Blossom Source', uniting 8,888 members to mine Web3.
Holders will receive benefits through airdrops, and the artwork is produced by Artic Studios, known for collaborating with artists such as Juice WRLD and brands like NIKE and SONY.
Currently, the issuer has granted multiple rights to NFT holders:
Asset airdrop: Qian Fenglei partners with his billionaire circle of friends to mine Web3 with the community.
Holder privileges: Core rights of FO series products (including FoChat, FoPay, and all future products).
FoClub Feast:
Core circle of the legendary version - only 888 slots available, will hold quarterly offline gatherings, annual friends' feasts, deeply connecting the entire FO-X resources and ecosystem;
Important circle of the classic version - can join the FoClub community, participate in the annual friends' feast, deeply connect the entire FO-X resources and ecosystem.
Physical rights: Legendary version holders can receive 1:1 exclusive signed commemorative edition prints, limited to 888 copies.
Super bottom guarantee: The project party allows users who minted the classic version to apply for a refund within 30 days of receiving the first airdrop asset (Paradise NFT) if there are no transaction or transfer records.
Yesterday, the project announced that all transaction royalties (5%) will be regularly 100% returned to the community and used for continuous community building to enhance holders' confidence.
In addition, the initiator of the project is also worth pondering.
The initiator is a close friend of Jack Ma, and the NFT is suspected to be an entry ticket for the wealthy elite.
According to previous reports from The Paper, the initiator of Paradise NFT, Qian Fenglei, who is said to be a close friend of Jack Ma, worked alongside Ma during Alibaba's IPO process. Besides being 'Jack Ma's close friend', he is also a well-known philanthropist, having generously donated to charitable projects such as Li Yapeng's Yanran Angel Fund.
As the chairman and CEO of Hengfeng International, he has invested in many well-known internet companies such as Ant Financial, Guazi Used Cars, Alibaba Health, etc. However, the source of Qian Fenglei's wealth has always remained a mystery to the outside world.
In 2020, Qian Fenglei disappeared from the public eye after being stabbed on the streets of Hong Kong, and he recently re-emerged in a high-profile manner.
In December last year, Hengfeng International launched the blockchain-based ecological platform FO-X and completed a financing of 100 million USD. The company's chairman, Qian Fenglei, personally invested 50 million USD, with the remaining funds coming from his 50 old friends.
According to previous information disclosure, the shareholders of Hengfeng International also include: Shen Guojun - Founder and Chairman of Intime Group; Cao Guowei - Chairman and CEO of Sina Group; Hu Xiaoming - Alibaba partner and former CEO of Ant Financial; Cai Wensheng - Former Chairman and Executive Director of Meitu; Sheng Xitai - Founder of Hongtai Fund; Wu Guangming - Founder of Yuyue Medical and many other business figures.
In the large group of 10,000 people on the social software FoChat developed by FO-X, the administrator often cycles through publishing 'Quotes from Mr. Qian', and group members are very enthusiastic. 48-year-old Qian Fenglei claims he wants to lead FO-X into the blockchain technology sector, and also stated in the large group, 'fo is the last career of my life, I am willing to do my best for it.'
During the promotion of Paradise NFT, the administrator repeatedly emphasized in the group, 'Does everyone think Mr. Qian's circle still needs promotion? Mr. Qian wants to give ordinary people a chance.'
Qian Fenglei often mentions 'friends are my keywords', but it is clear to discerning individuals that this NFT is essentially an 'entry ticket for the wealthy elite', filtering out Web 3 players with certain strength, providing a platform for collaboration and communication with big shots, and making money from information asymmetry.
But it currently seems that its speculative value may far exceed its practical use.
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Written by: Scof (ChainCatcher)
Layout: Jonathan
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