2023-05-12 20:02:24
++ ONE TO WATCH ++
++ LONG Term Holding ++
++ ERC20 ++
NFAi
Hi everyone! This is a unique project that we have been 'dating' for a good while.
$NFAi took the highlight spot over a couple of months ago bringing a lot of hype and attention, including a direct message of support from Shytoshi ($SHIB) in their official Twitter.
But $NFAi is much more than just a hyped project. $NFAi has been developing a whole protocol that has already a proven concept and product.
$NFAI was touching $30M market cap when all the meme-hype kicked in, draining a bit of the liquidity as we have seen happening to a lot of utility-driven ones.
As we believe that a lot of meme projects will continue to run, we also see that a lot of liquidity and attention might start to get back into utility-driven and AI projects at some point.
$NFAi is one that has A LOT under their belt:
- Canis Lending Protocol: A lending protocol allowing investors to on Shib Ecosystem to earn passive income through the platform and a first mover in a MULTI-BILION dollar market;
- Athena: A 'hedge' fund managed by automation and AI with a current average of 15% in return over a month, along with $1M in TVL in their first 20 days of use and under $500 in fees only - more of Athena below;
- Hecate Insurance;
Athena will be their mainstream product that is estimated to generate a massive amount of income that will be shared among holders. $NFAi team has shared the finance forecasts for a 12 month period after Athena and the products are fully live - which could come within a couple of months.
This is their three forecast scenarios financially-wise within first 12 months after fully live:
Low: 1.4M in revenue with a 26% annual yield;
Mid: 18.5M revenue with a 244% a/yield;
High: 260M in revenue with a 5.300% a/yield.
Although we know the scenarios have a wide range between, knowing its best scenario possible and lowest, give us confidence that a potential range from 10M to 50M in revenue could be expected, turning it out to be a major yield for as passive income for holders, but also a MAJOR benefit for the project with such a high revenue that will only further benefit $NFAi.
On top of that, we could easily see VCs and investors adopting into Athena as a Service due to its high performance. We were looking into a bigger dip yesterday, but Shytoshi just changed his location to Athens, Greece and some big buys started rolling in
12M Market Cap
DCA Entry (if it gets there): 7.5M Market Cap
$NFAi
Website - https://nfa.ai/
White-paper - https://nfa.ai/files/whitepaper.pdf
CoinScan - https://www.coinscan.com/tokens/eth/not-financial-advice
Dextools - https://www.dextools.io/app/en/ether/pair-explorer/0x4b05d62fff53db825b407ba84c40d9d634a28e49
Telegram - https://t.me/nfalabs
Limitations - n.a
Potential: X2, then X6, then (maybe) X8 plus
Tax: 6% on Buys & Sells
Comments: n.a
Liquidity: Locked for 100 Years
MID RISK
Remember to take out your profits.
Not financial Advice.
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