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Cindicator, a crypto funding platform, introduced as we speak that its first NFT on Stoic, an automatic crypto funding app with AI, has bought for 36.75 ETH or over $140,000 on the present price. The successful bid got here from somebody named _satoshi.
The Stoic NFT is known as Zeno of Citium, the founding father of Stoicism. He believed that happiness and peace of thoughts come from residing by motive and nature. His concepts profoundly influenced many generations of philosophers after him.
This 1:1 NFT provides free lifetime entry to the Stoic app, which provides buying and selling methods constructed for Cindicator Capital, a quant hedge fund. The holder of the NFT can join the Stoic algorithm to a Binance account with a steadiness of as much as $10 million. The standard Stoic annual price is 5%.
Launched by Cindicator, Stoic routinely builds and rebalances a long-only portfolio of crypto-assets based mostly on quant analysis and AI. Since its launch in September 2020, over 10,000 purchasers have linked to Stoic holding over $100M in crypto. From March 2020 to September 2021, Stoic returned +2,189%.
“Promoting lifetime entry to a product as an NFT is a novel case. Apart from its collectible worth from rareness, it carries actual utility within the Stoic app. The holder can handle as much as $10 million with Stoic and use the NFT as an on-chain sign of credibility to unlock different alternatives.”– Mike Brusov, Co-Founder and CEO of Cindicator
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