Blockchain has always been more than just cryptocurrencies. There are so many advantages of a blockchain network, that we don’t even know where to begin. One such revolutionary byproduct of the Blockchain is NFT. You might have heard of NFTs when the first-ever tweet’s NFT was sold for a few million bucks. In 2022, NFTs have reached a whole new level thanks to the entrepreneurs and innovators that we have today. One such team of visionaries brought a revolutionary platform known as the Ibiza View Club.
Ibiza View Club – What & Why?
For those who don’t know, Ibiza is a beautiful island in Spain that is known for its amazing scenery, nature and wildlife. Yes, it’s more than just beaches. The Ibiza View Club is a platform that has started with 1001 Unique and New NFTs that is meant to celebrate the beauty and innovation in Ibiza. The revenue which these NFTs generate is going to help the island of Ibiza local community, which in many ways was devastated by the pandemic.
These NFTs will serve as a reminder of the island’s splendor and charm for future generations. TheseNFTs will provide the necessary pictures for those who are interested in visiting or living in Ibiza to inspire, delight, and captivate their viewers.
This collection’s success will allow the community to enjoy luxury vacations in Ibiza without having to pay for them. These NFTs are also flexible assets that may appreciate in value. Experts expect that their value may appreciate to 2.5 ETH over time.
1001 NFTs in the Ibiza View Club
An NFT is basically a collection of data stored on the blockchain and protected by cryptography. NFTs may be represented as an image, videos, or even audio files that are located on the blockchain. Ownership of NFTs is limited by contracts with the issuer, who does not own the asset itself.
It also means that creators have a lot of leeway and breadth for commercial usage. Because of the blockchain’s code, NFTs are secure assets. NFT sales have garnered attention and support from developers as digital art and digital assets, with a market value approaching $1 trillion.
NFTs under the Ibiza View Club, which are decentralized applications that can be programmed with rules to create assets on a blockchain, are stored in the ERC-721 registry. The blockchain serves as a digital ledger library like a database because NFTs exist on it. Information is kept across all users of the blockchain network, so that it is protected from threats.
The 1001 NFTs in this collection are all from Ibiza Island. There are many bright and exotic places in Ibiza. The objective with this collection is to support our community in Ibiza by raising awareness. The creators intend to have a website as well so that they may showcase their pre-orders, goods, and rewards packages.
The Roadmap for Ibiza View Club and Early Adopters
The first phase is to define the brand for this one-of-a-kind NFT, which will be struck and released for the price of ETH 0.2 in the following phase. Creators will Airdrop 5 free Ibiza View Club NFTs to early supporters during this time. Supporters will be eligible for special merchandise, tickets, etc.
The second phase will be to wait and let the NFTs gain in appreciation. The expectation is that in this phase NFTs will grow up to 0.5 ETH in value.
Phase 3 will focus on Liquidity and various rewards for Holders. The last and final phase 4 is longevity centered. Creators will focus on long-term growth and appreciation of the NFTs.
