Important Updates — IDO and More
Hello, our dear community members,
First of all, we want to thank all of you for your constant support and trust. We can’t do it without you. We are working 24/7 to develop the platform, sign new contracts with celebrities, and establish strategic partnerships with leading blockchain market players. All of this is to achieve our long-term goal to become the largest and most influential NFT ETF platform in the market.
Unfortunately, there have been some changes in the market over the last two months as we are sure all of you have noticed. Based on our rigorous analysis of the current market we have decided to postpone the IDO until the market becomes more confident and stable, and focus all our attention on product and business development. This will ensure that each of you, our valued investors, will get a significant ROI.
We want to also give you some updates regarding product development and our IDO plans.
The project development is going exceptionally well.
We’ve signed 18 contracts with A-level celebs and will begin doing their drops in August. Here is a sneak peek:
- An NBA legend (TOP-5 players of all time, and still really famous person with millions of subscribers).
- A Canadian superstar, one of the top hip-hop/pop artists for the last five years.
- Two TikTok stars with 10 MM followers
- Several other athletes, actors, and KOLs.
Earlier this month we did our first NFT charity drop with the City of Miami and are working on significant cooperation on a technical and charity level.
We will have an AMA in our discord channel next week with more details to be announced soon - stay tuned. More exciting announcements and updates are coming out in July.
ProjectX works to provide the most secure and simplified way to gain exposure to the NFT market by further developing current investment vehicles with the use of indexes and ETFs. The aim is to create different themed pools of NFTs which include Music, Digital Art, Sports Cards, and KOL issued NFTs to name a few. At the same time projectX is solving the liquidity problem for NFT owners.