Cindicator NFT for lifetime access to auto trading crypto app sells for 36.75 ETH ($140K)

Cindicator, a crypto investment platform, announced today that its first NFT on Stoic, an automated crypto investment app with AI, has sold for 36.75 ETH or over $140,000 at the current rate. The winning bid came from someone named _satoshi.The Stoic NFT is named Zeno of Citium, the founder of Stoicism. He believed that happiness…
Cindicator NFT for lifetime access to auto trading crypto app sells for 36.75 ETH ($140K)

Cindicator, a crypto investment platform, announced today that its first NFT on Stoic, an automated crypto investment app with AI, has sold for 36.75 ETH or over $140,000 at the current rate. The winning bid came from someone named _satoshi.

The Stoic NFT is named Zeno of Citium, the founder of Stoicism. He believed that happiness and peace of mind come from living by reason and nature. His ideas profoundly influenced many generations of philosophers after him.

This 1:1 NFT gives free lifetime access to the Stoic app, which offers trading strategies built for Cindicator Capital, a quant hedge fund. The holder of the NFT can connect the Stoic algorithm to a Binance account with a balance of up to $10 million. The usual Stoic annual fee is 5%.

Launched by Cindicator, Stoic automatically builds and rebalances a long-only portfolio of crypto-assets based on quant research and AI. Since its release in September 2020, over 10,000 clients have connected to Stoic holding over $100M in crypto. From March 2020 to September 2021, Stoic returned +2,189%.

“Selling lifetime access to a product as an NFT is a unique case. Besides its collectible value from rareness, it carries real utility in the Stoic app. The holder can manage up to $10 million with Stoic and use the NFT as an on-chain signal of credibility to unlock other opportunities.”


– Mike Brusov, Co-Founder and CEO of Cindicator

Read More

Total
0
Shares
Leave a Reply

Your email address will not be published.

Related Posts
Ankr assists its second project in the launch of its own blockchain with ‘App Chain’ toolbox
Read More

Ankr assists its second project in the launch of its own blockchain with ‘App Chain’ toolbox

App Chains: Ankr’s Blockchain in a toolbox enables projects to build on a custom dedicated blockchain serving only their application... Related News TRON, one of the largest and most popular blockchain ecosystems, has announced that Ankr, a web3 infrastructure platform servicing over 50 blockchains is its new Remote Procedure Call (RPC) partner. TRON's public and…
Enjin’s NFT gaming platform launches on Polkadot with 100+ games & apps confirmed
Read More

Enjin’s NFT gaming platform launches on Polkadot with 100+ games & apps confirmed

First-ever NFT parachain is a game-changer in decentralized gaming; will support CryptoBlades’ 1.1M users, with over 100 confirmed game and app partners... Related News Enjin, a decentralized platform for non-fungible tokens (NFTs), today announced over 70 ecosystem partners have committed to building the decentralized Metaverse on Efinity, a decentralized, self-governed, and self-sustaining blockchain for NFTs, featuring…
Crypto custody platform Fireblocks integrates security token issuance solution from Tokeny
Read More

Crypto custody platform Fireblocks integrates security token issuance solution from Tokeny

Fireblocks, a provider of blockchain asset and crypto custody technology, today announced it has integrated Tokeny into its platform. The integration will enable clients of Fireblocks the ability to mint and manage permissioned tokens such as digital securities, stablecoins, and loyalty programs across apps, payment networks, and more. Now, with Tokeny’s product suite underscored by…