Fundy Investment Product Introduction — HODL-X
There are two products which completed USDT fundraising in our platform Fundy (https://fundy.fund/): HODL-X and Lulu Games. In this article, we will introduce HODL-X .
Background
HODL-X is a Hodl-2-Earn (H2E) NFT project that enables users to create collections with collectible NFTs, and exhibit them to earn.
While HODL-X will allow users to create a collection with any NFTs, we will start from our first collectible series, SNKRS NFT.
Goals
HODL-X aims to build an innovative yet acquainted ecosystem for worldwide collectors by embracing global sneakerheads and PFP NFT holders. HODL-X is stepping towards a whole new and enormous financial platform with the idea of building a decentralized HODL to Earn(H2E) platform where investors become owners of the ecosystem.
SNKRS
HODL-X SNKRS are collectible utility NFTs with four unique types(C70, F1, J4, M1) and five rarities(Common, Uncommon, Rare, Super Rare, Unique).
Each SNKRS has four types of attributes(popularity, design, luck, and size) which can be improved by leveling up.
Showcase
HODL-X Showcases are in-game items with five rarities(Common, Uncommon, Rare, Super Rare, Unique).
Each Showcase adds attribute points to the SNKRS when added.
The available attribute points of a showcase depend on its rarity and level.
Users get a chance to upgrade(level-up) showcases by merging two showcases.
Collectible NFT
Non-Fungible Token, with a unique recognition value, has the right essence as a collectible asset. Over the past year, 70% of the traded NFTs were collectibles. As such, NFTs are gaining popularity as collectible items in the new era, however, stability and liquidity are still a challenge to overcome along with market limitations and public perceptions. Moreover, most of such collectible NFTs still lack in its efficiency and ostentatiousness.
To overcome this challenge, HODL-X has devised the Collect 2 Earn (H2E) model, which allows users to create a collection with collectible NFTs and make profits through the exhibition. HODL-X H2E model will complement the reliability and liquidity of collectible NFTs, by providing a foundation for greater asset value and utility.
Collection
Each user can create a collection with SNKRS NFT.
Collection quality is determined by the SNKRS in the collection.
To improve the collection quality, users can level up their SNKRS, add a showcase, or get a badge, medal, or trophy.
Once the collection is set, users can earn tokens by exhibiting their collection.
Exhibition
The collections can be exhibited at a gallery(virtual city gallery) to earn tokens.
Users can select a gallery, and click exhibit to start their exhibition.
Once the exhibition ends, users earn HDLX tokens.
To increase the token earnings, users can improve their collection by adding SNKRS, adding showcases, or getting badges, medals, or trophies.
*Note that exhibition does not mean user engagement.
Gallery
HODL-X Gallery is a virtual place in HODL-Verse where users exhibit their collections.
Users can select a gallery before the exhibition. Upon completion of the exhibition, users pay exhibition fees to the selected gallery.
Gallery NFT is segregated ownership of a gallery. For example, owning one Bangkok Gallery NFT means owning a portion of the ownership of the Bangkok Gallery.
Just by holding a gallery NFT, users will get a share of the profits generated from exhibition fees paid to the gallery by the exhibitors(users).
Tokenomics
HDLX(Utility Token)
HDLX has an unlimited supply and is earned and burned through in-game user activities. We focus on the stability of HDLX for a balanced ecosystem.
Network: Polygon
Earnings: H2E
Burnings:
- Leveling up SNKRS
Upgrading Showcases
Generating Shoeboxes
Opening Certain Collection Slots
Allocating to the Lucky Pool - Allocating to the Donation Pool
Exhibition Fees
Opening Souvenir Boxes
Roadmap
Beta Phase I
- Launch HODL-X V1.0
- Community Building
- 1st Minting
Beta Phase II
- Fix Bugs
- Add Features
- 2nd Minting
Beta Phase III
- Token IDO
- Community Event
- 3rd Minting
Beta Phase IV
- Launch HODL-X V2.0
- NFT Collection Platform
- Token IEO
Beta Phase V
- Upgrade in-game features
- Governance Building (DAO)
- Royalty Program
Public
- Launch HODL-X services for all NFTs
- Multichain
- Migrate to Ethereum 2.0
Community
Website: https://www.hodlx.club/
Discord: https://discord.com/invite/hodlx
Twitter: https://twitter.com/hodlxnft
Medium: https://medium.com/@hodlx.club
Whitepaper: https://docs.hodlx.club/
Note that the image and content used in this article is sourced directly from HODL-X white paper: https://docs.hodlx.club/
See Hillstone Finance on Twitter:
Fundraising Result
The total fundraising of this product is 100,000 dollars, which is converted to 156,763 HSF as the collateral. The type of fundraising is private funding, with 1 years of fund life and 28% target net return. The platform charges 2% management fee for this product.
