NFTs have been around since 2014, and only since the last year their prices have rocketed to millions of dollars a piece. Total NFT sales hit $25 billion in 2021, and they are only expected to grow as per analysts. The exponential rise of NFTs is due to various factors like their uniqueness, their utility and their rarity.
Many NFT projects have just seen their prices rise due to the popular culture, but if NFTs are to be considered an asset they need some utility. Many traditional market critics of NFTs have raised the same point while rubbishing the valuations of these digital assets. Companies like Aloha have realised that the NFT market has to justify its prices, by giving them real utilities.
A long-term project aimed at creating real and tangible value over time, Aloha is stepping up its efforts to build an ecosystem of its own, which is completely self-reliable. As the market gets ready for the next bull phase, the company feels that the current price of their token is unjustified and far from the true value of the project.
Aloha’s NFT project is a yielding tool for generating returns as the company allows investors to stake their unique Aloha NFTs. The company has had nine seasons of NFT mining, where they have minted 2700 unique NFTS.
The NFTs are focused on generating more utility than their competitors, which only offer rarity. There are typically three types of NFTs offered by Aloha—Rare, Super Rare, and Ultra VIP Rare.
Aloha has sold north of 500 NFTs, and none will be minted except if the excess 2183 are sold. Each season has a special edition of NFTs, which must be acquired through a third-party client for a premium from the listed price—if the investors fail to buy during the official sale.
Other benefits like—
- Vip access to special events
- Bigger discount on upcoming IDOs and other launchpad IDO’s
- Bigger APY in Shaka farm.
- Voting rights on DAO
Aloha has been very productive in 2021 and will continue to do so in 2022. They look forward to capitalizing on emerging crypto markets and methods of financing and staking while closely scrutinizing the entire scene. The idea of generating capital from various streams picked up in 2021, and Aloha has been able to champion it.
Click here to buy Aloha NFTs.
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