Blockchain startup IO Investment Academy is launching the first decentralized finance (DeFi) NFT project that will allow small investors access to a large hedge fund.
In the press release dated April 21, which stated that its return in 2021 is 300%, the company through NFT sales by increasing its capital not having the necessary money It was stated that small investors will be able to access the hedge fund.
The company said in a statement that the proceeds from the sale of NFT 80% of 100,000 with dollars 500 million will invest in hedge funds in the range of passive income to NFT holders of the interest to be obtained from the fund declared to be distributed.
The company said it will invest in Pantera Capital’s funds.
Pantera Capital, which created the first blockchain-focused investment portfolio in 2013, $6 billion blockchain assets under 8 different funds directed and final They have achieved a 101% profit in 8 years. specified. Click for Pantera Capital’s portfolio.
The company said in a statement:
Under normal circumstances, a qualified investor is required to invest in one of Pantera’s hedge funds. That means you earn more than $200,000 a year or have a net worth of over $1 million.
said.