Have you ever been in an NFT project that has refunded you for the failed gas or even failed stake transactions?
Well, that's what Stoned Ape Club (https://stonedapeclub.com/) did with me when I failed a total of .7 ETH. Every investor in the NFT space always know there is that risk of failed transaction, but we would never expect anyone to pay for our failed gas.
It was definitely a pleasant surprise when they offered that to all their investors in the project. I have never done cannabis in my life, but I choose to invest in the project because it was tied to actual real estate and their cannabis business. I actually got to know the founder of the project, Mary Jane, and I got to know more about their project.
Their mission is to create a community around a project is inclusive and equitable as a decentralized syndicate. (Usually syndicates are exclusive and require certain income salary, credit scores, and like 500k cash to even start participating). Their goal is to create a project where people could become investors and a part of a syndication without those things, so that it was inclusive for all people around the world from different paths of life.
They are executing this by gameifying the cannabis industry. They executed this by making a decentralized financial staking game that represents the cannabis industry
This project is not to be confused with Stoner Ape Club.
But let's get into the income portion of this as all of us investors like to know.
There are 5 main pillars to the project:
- Real Estate ownership, specifically in cannabis real estate development
- A creative P2E game with a sustainable ecosystem and tokenomics that include external revenue generation through real estate passive income and ability to mint new NFTs with $Toke. Stoned Ape Club has 5 generations of 10,000 apes. 10% as Fed Apes.
- Social responsibility- donating towards cannabis related causes, for example creating grants that may be given to research towards CBD impacts for cancer patients.
- Holder exclusive events- nursery and grow visits, harvest events, access to the property itself, as well as shelf space designated for brands within our community.
- Crypto cash back, rebates via toke for legal cannabis purchases, as well as merch and access to a secret menu of product/merch. They are already working with a scientist and creating our own strain of delta 8/9 products, and a secret menu of products available only to Stoned Ape Club members.
Their properties are held in a corporation designated specifically for the NFT project. Properties generate a net cash flow/income of $500,000 (for example), and they liquidate 50% of that back into the project’s liquidity pool, which gives value to each $TOKE which can be swapped for ETH if the holder chooses to. There are game components in place that make the project sustainable through burning of tokens, and how the tokens are distributed within the ecosystem that makes it reasonable for token values to be worth a substantial amount.
Fun Fact: A Fed Ape that was minted for 0.08 ETH was sold for 2 ETH
Stoned Ape Club have holders who are estimated to be able to cash flow as little as $50 per month to $11,000 per month based on the number of NFTs held in their wallet and staked, earning $TOKE each day.
There are 10,000 apes in generation 1; 3 different types apes will generate us income: Stone Apes, Fed Apes, and Elite Apes. The Stone Apes produces 10k $TOKE each day when staked. After they cash out, the Fed Apes get 20% of the cash out and there is only 1,000 Fed Apes making it a 10% chance to get it in this generation. The Elite Apes do the same as Stone Apes, however, they are gained by giveaways. Every 1000 minted and staked is entered in the giveaway to get an Elite Ape, and not only do they act as Stoned Apes, they also give you 10,000 dollars worth of ETH. There are only 10 Elite Apps in generation 1, and the grand prize for one of the ape is 250,000 instead of 10,000.
Minting is currently going on and so far about 1330 are minted. Out of all the apes minted, more than 85% are currently staked.generation 1 apes will never be stolen. (The ones paid with eth). This would also increase the value of generation 1 after they are all minted.
(https://stonedapeclub.netlify.app/). The first 2,000 would be for .08 ETH and .15 ETH until 10,000 apes are minted. After that, the rest of the generation will be minted for only $TOKE. Note: There is a mechanic where there is a 10% chance that newly minted can be taken by a Fed Ape when they are minted with $TOKE;however, the
Every 2,000 mint they will add 20,000 liquidity to $TOKE, and on the 4,000th mint, they will flip a real estate to add to the liquidity. In the conservative side, when the first liquidity is added, it will be .001 dollars at 19M $TOKE. If you have 1 stone ape, that will make you $8 a day. If you got the ape for .08 eth, you would be able to make your money back in a couple months
*value of Toke varies, value indicated in this article simple used to provide examples. It would be how much liquidity/total volume that determines the price. Total liquidity will also change when it is added to an exchange.
Note: Adding liquidity is adding money into the coin. They have 6 different ways to increase the value of $TOKE.
- Opensea royalty
- Every 2k minted
- Flipping real estate
- Marijuana business revenue
- Burning toke (by minting with $TOKE, auctions or giveaway entries)
- When it gets listed in an exchange like coinbase or crypto.com
Of course, if you are an experienced NFT investor, we look for 3 things in the project. Who are the creators, what is the utility and how is the community. I covered a good amount of that, but it's always best to make sure you do your research too. Their utility that is promised is already out. Just visit https://www.stonedapeclub.com/ for more information and join the discord.
This project is also one of the first projects to:
- Bridge the gap between web3 and web2 through ownership of actual real estate investments in the real world.
- A creative P2E game with a sustainable ecosystem and tokenomics that include external revenue generation through real estate passive income
The community is a good bunch and very supportive with each other. It is definitely NOT a toxic community where the community name calls each other and talks about how to raise the floor price. There is always people in the voice chat to hop on and chat. Someone even got scammed and someone in the community bought the ape and gave it back to the original holder!
They have done everything organically so far and created and tested the game first before launching their mint. (By the way, you also get to know the traits right away after mint). The team has done everything organically so far and has not paid any influencers and are not planning to pay them to share the project. They rather put the money back into the community. They just set up a marketing team, so we will see where it goes from there. Just something to note is that there are many comments like these from the people in discord
This guy has sold and is selling NFTs from his Superfarm. That project is run by a big OG crypto Youtuber that has been around forever, and EllioTrades is his channel. Lil-Spaced-Out is waiting on his second NFT from the collection to sell for a total of 13 ETH so that he can reinvest the rest into Stoned Ape Club. Those 2 NFTs that he is selling are generation 0 NFTs that where sold to the community before the project launched phase 1. They are unlike the rest of their collection (which are fictional characters) because the collection art is based off him and his partner. It was hard for Lil-Spaced-Out to let go of them which he has been holding for almost 2 years. It was time for him to recycle the profits as he saw the potential gains of Stoned Ape Club. Now he's attached to the fundamentals and community of Stoned Ape Club. Luckily for him, he got a good amount of fed apes as a result after selling his first one from Superfarm! So far he has a total of 53 apes.
It is obvious the team's core values are people first, diversity, transparency, integrity and adaptability; it shows with the feedback of the community members.
My philosophy in investing that has made me the most money is to invest in the leaders of the project I invest in. That's what made me make over $200,000. I have invested a bit more than 6 ETH already in this project in the first week solely on my trust with the founder and their values.
-just some of my apes out of the 73 apes
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@gualteramarelo check out Kevin's post. NFT project tied to real estate ;-)
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Yes! It's also the only way to really make a NFT game sustainable too! If it's only within, eventually money will run out, but this allows them to keep adding more and more money because it's tied to real estate!
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This is so cool! @scaredycatguide the future is here!
@AlchemistNation thr community is growing!
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