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Uncharted has been trending in crypto communities over the last few days. The new NFT project, powered by Xeta Capital Fund (XCF), promises to bridge the gap between TradFi and Web3, bringing lucrative returns to early investors.
Is the project worth the hype? A closer look at Uncharted and how it works should give us the answer.
How Does Uncharted Bring TradFi to Web3?
Uncharted is a collection of 21,000 NFTs that opens up an excellent TradFi income stream for crypto users. A sister project of Xeta Capital, a successful wealth management venture, the NFT collection is underpinned by a highly advanced HFT (High-Frequency Trading) fund. All revenue generated from the sales of the Uncharted NFT collection will be channeled to the XCF fund.
As the fund compounds and grows, a percentage of the monthly profit is distributed back to NFT holders via quarterly airdrops. This way, Uncharted lowers the technical and financial barriers to HFT funds, which have long been accessible to only investors with high initial capital and technical expertise. NFT holders will receive an airdrop quarterly for a three-year period, after which the fund will be split among NFT holders and The Uncharted LTD. With time, the returns are expected to grow as a result of the compounded structure of the funds.
Does that mean you’re stuck with the NFTs for three years? Definitely not. You can sell the NFTs on secondary NFT marketplaces like OpenSea when you want. In the event of an unexpected market downturn, you are not compelled to stay. However, the transfer of the NFTs will also transfer the returns to the new holder.
With the markets being so unpredictable it’s time to seek other planets for stability.
The Uncharted voyage will lead the way to a new to a new era in Web3.#NFT pic.twitter.com/TSXZU5izHN— The Uncharted (@UnchartedNFT_) November 10, 2022
Why is Uncharted Trending?
The recent crypto collapse triggered by the FTX debacle stresses the importance of investing in utility-rich assets, instead of following the herd. It redirects the focus to innovative projects, which are continuously building value by pushing the frontiers of blockchain technology in a decentralized financial system.
Uncharted’s entry into a market swamped with quick money-making schemes and below-par art collectibles is striking, thanks to its unique value propositions. To begin with, the pioneering vision put forward by the project decentralizes TradFi and, in turn, makes it feasible for small-scale investors. The first set of 5000 NFTs from the collection Uncharted – Chapter One – The Southern Ring Nebula will be available for just $295 in ETH per reservation.
Another important factor that instills faith in the project is the multidisciplinary team with 10+ years of track record in the industry. The website has listed all top-tier team members with links to their official Twitter and LinkedIn pages. CEO Mark Johnson has 15 years of experience in the global financial markets and has helped many start-ups raise capital and grow, taking some to IPO listings on NASDAQ AND LSE.
Chief Intelligence Officer Johnny Seymour, on the other hand, has undertaken many roles in the Web3, metaverse, cryptocurrency, and NFT spaces over the last few years. He has also managed advertising campaign teams for global companies like Nike, Adidas, Lucozade, Pepsi, T-Mobile, Samsung, Ford, and Toyota, to name a few. Andrew Ritchings, founder of Thomas Kelly Holdings Ltd – a boutique private consultancy firm – serves as the first officer of the project.
Last but not least, the collectible value of Uncharted NFTs can’t be ruled out. The vibrant collections are themed around space expeditions and open up endless creative possibilities.
Is it Worth Investing in?
Uncharted is not without its shortcomings. For example, three years is a long duration in the NFT market, despite the highly compelling 240% returns. The option to resell the NFT at any point gives flexibility to holders, however. It is also to be noted that the project is still in its early phases.
That doesn’t dull the fact that Uncharted has the potential to climb top-NFT-sales charts next year if it takes off as planned. It is one of the best utility NFTs to buy in 2022.
🚀QUARTERLY AIRDROPS
🚀LIMITED SUPPLY
🚀36 MONTH JOURNEY
🚀UPCOMING CHAPTERS
🚀END OF TOUR BONUS— The Uncharted (@UnchartedNFT_) November 5, 2022
