/ALGOBULL NFT Quick Overview 🐂

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*DISCLAIMER: I AM A PART OF THE DEV TEAM.*

/ALGOBULL NFT

Official Link:
https://algobull.art

AMA Video:
https://youtu.be/eTSxnXzeyqI?si=RXAhy2pv6UD66nLm

Revolutionizing Rewards Protocols:
/946 NFTs Availible for Mint as of 10/01/23
6,346 BUSD Airdropped to Holders as of 10/01/23
Weekly Rewards Airdropped in BUSD

From the /ALGOBULL Website:

“By utilizing an NFT for community ownership, we can share the success of our trading team with 1,000 individuals while only needing to update and maintain one instance of the trading algorithm.

Unlike traditional cryptocurrency yield farms, ALGOBULL will never increase in supply. This means that holders will have a higher chance of avoiding dilution in the future. ALGOBULL also has two mechanisms to benefit holders:

-Holders receive weekly rewards from their ALGOBULL NFT based on the performance of the Algorithm that week and their amount of NFTs owned.

-Holders can buy & sell their NFTs on the secondary market, where price is free to fluctuate.

By allowing holders to buy & sell NFTs without negatively affecting the balance of the algorithm, holders are free to focus on their own goals instead of being affected by dilution or buy/sell pressure from other holders.

What does this mean for our holders?
NO DILUTION MEANS NO MAX PAYOUT!

Each NFT has an uncapped airdrop limit, and with only profits being removed from the algorithm’s deposit ALGOBULL is designed to be fully sustainable.

How does this work?

Since only 1,000 NFTs will ever exist the total wallets holding NFTs will be capped to a select few, unlike traditional yield ‘farms’ where holders are steadily diluted as adoption increases.

With ALGOBULL adoption can only increase the floor price, and since every secondary market sale also feeds the algorithm’s deposits, holders can now benefit from the effects of increased adoption.

As more holders buy & sell NFTs the marketing budget of the project also increases, allowing for a continued increase in adoption.
To put it simply, when others sell NFTs, holders will benefit from the increased funds available for the algorithm (from the 10% royalty). When investors buy NFTs, holders will benefit from the increased funds available for the algorithm and from the increased price of the NFT. By separating the NFT from the funds, we allow this win-win situation.

The Algorithm itself is proprietary and we have taken thousands of hours to refine the trading strategy it is based on. At its core, the Algorithm targets high likelihood setups based on Level 2 Order Book Data across various exchanges to identify whales and trade alongside them.”

See you guys in the next video!