Today is the day that will change the whole crypto history. Meet the first-ever NTO powered by Choise.com.
The NTO (NFT Token Offering) is a brand new form of established token distribution “wrapped” in NFT, which creates a new class of assets – overcollateralized NFTs. The NTO is used for secondary market sales of valuable tokens, sometimes with discounts of 3, 4 and even 6 times off their current market price.
Thus, the first-ever NTO can form a new market trend and tools that will become the standard for the entire market and hundreds of companies over the next 5-7 years worldwide. Besides, it will allow communities to receive tremendous benefits regardless of market conditions.
The trendsetter is Choise.com – a leading crypto firm and earn marketplace. Since 2017, the company has been creating superior financial solutions for users worldwide. It combines the ultimate benefits of CeFi and DeFi services into one easy-to-use ecosystem.
The CHO token
At the heart of Choise.com ecosystem stands the CHO token – the company’s native token. Its tokenomics is based on cutting-edge practices from the industry and is presented by a deflationary model. The total number of tokens is capped at 1 billion subject to be burned over the time.
CHO is listed on several major exchanges, as Gate.io, Uniswap, MEXC Global, LBank, CoinTiger and has grown by over 500% in 2022. At the beginning of 2022, 84 million CHO tokens were sold out in seed, private, and public rounds.
Following the Series A investment round Choise.com – through NTO – provides the community with an unrivaled opportunity to get NFTs with valuable tokens on the terms of Tier-1 investment funds – at the price 3, 4 and even 6 times less than the current market price.
Most CHO inside the NFTs have a lockup period of 0-12 months and vesting of 0-36 months. More than 20% of Choby NFTs have shorter periods and some do not have them at all.
- A lockup means that during this period users cannot do anything with the CHO token. At the end of the period, it can be sold or transferred to another wallet.
- A vesting means that during this period users will be evenly credited with a certain number of tokens and at the end of the period will receive them all.
Sounds great? And that's not all.
The NFTs – Chobies – are exclusive, cool and daring characters themselves. A distinctive feature is that they all have unique traits and characteristics – names, appearings, accessories and even zodiacal signs, so that you will never find another Choby alike. Besides, it is highly probable that you will find a Choby NFT with your name.
But the main thing about Chobies is that besides being a digital piece of art and containing tokens, every Choby has additional prizes and perks.
Every 5th Choby has at least one or several bonuses inside, including a grand $100,000 prize and up to 100% cashback. Thousands of NFTs have a specially designed plastic or metal crypto debit card for both online and offline shopping.
Also, at the end of each Stage different prizes will be unlocked – Lamborgini, Tesla and many-many other valuable giveaways. The total prize pool that be raffled off among minters exceeds $5,000,000.
In addition the first owner (minter) of the Choby gets a lifetime royalty of up to 5%. That is, with each resale on the secondary market he will receive income on his wallet. Forever.
The starting price of each Choby NFT is $150. It will increase by $50 each Stage, to reach its maximum on the final, 6th Stage. The number of Chobies sold at each Stage is limited.
All funds collected during the NTO will be used to scale the existing business and significantly increase the audience, as well as strategically capture the market share freed up after the exit of several key players from the market.
The Chobies NTO Collection is only the first step. Choice.com plans to develop its NTO Wallet – a unique and simple decentralized wallet, allowing users to store their valuable NFTs, release the first NTO Launchpad for launching NTOs of other promising projects, deliever NFTs' cross-chain functionality between BNB Chain, Ethereum, Polygon and other blockchains, present NTO Marketplace, and launch lending against NTO assets collateral.
To sum up, NTO is a revolutionary shift that redesigns crypto adoption. This is undoubtedly the biggest crypto initiative of 2023.