It’s clear to everybody both inside and outside the crypto space that the market is due for a rough few months. Revelations surrounding FTX and its liquidity have boiled into one incident after another and have sent prices going down. On top of that, the DeFi market has also taken a huge plunge, leaving investors with concerns surrounding any passive income means.
With FTX collapsing, and the Luna crash earlier this year also shaking the market, where can investors turn to invest their crypto savings? Fortunately, even in the worst of times, there are ways to invest your capital to protect it. As it turns out the NFT market is where this protection is, as we shall see.
Investing Your Crypto Savings in High-Quality Projects
Bear in mind that the crypto market is always a risky investment and that it can be difficult to predict how the market goes. However, if one has capital that one can afford to lose and which will not have severe repercussions, there are a few places to first look at.
As mentioned, in recent times, one of the most promising places appears to be NFTs. There are several NFT projects that are building unique solutions that offer financial benefits, besides being capable NFT projects.
One of the best examples of this is The Uncharted, a newly launched NFT project that is strongly tied to a High-Frequency Trading fund. The project has 21,000 NFTs but unlike other NFT collections where the value lies solely in the NFT, The Uncharted grants holders benefit linked to the XETA Capital Fund (XCF) High-Frequency Trading fund. Based on past history, it could offer returns of up to 20% per month.
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One feature worth mentioning is that the project will offer a quarterly distribution of profits to holders. The fund compounds over a 36-month investment period, but this is not a strict lock-in – users can exit by selling their NFTs on OpenSea.
Other NFT projects are also working on novel concepts that show how NFTs can be used to generate value. IMPT is an NFT project that is building a carbon credits platform where businesses and individuals can offset their carbon footprint. It has numerous features such as a green NFT marketplace, a shopping platform, and a social platform. Stakeholders are actively encouraged to offset their carbon footprint and this can have an enormous positive impact on society.
Then there’s Calvaria, a P2E card battler game. While the market does have a lot of P2E card battler games, that doesn’t mean that there aren’t new ones that are actually bringing pioneering ideas to the table. Calvaria is changing the landscape of P2E gaming by granting players both F2P and P2E modes. It has a strong focus on accessibility, and players don’t even need a crypto wallet to get started playing.
NFT projects such as The Uncharted and the others mentioned here offer some respite to crypto market enthusiasts. They offer new ideas in a crowded space and/or actively work to better the world as well.
Take Hope in Good Projects
The crypto market looks like it is going to have turbulent times in the near future. There was hope that the market was pulling itself out of its bearish slump and moving upwards. With major shake-ups in the market and an uncertain short-term future, investors will have to look carefully for where to invest their crypto savings.
NFT collections like The Uncharted are proving to be one of the best ways to tackle this crisis. It offers a unique revenue generation scheme in the world of NFTs, and this separates it from the rest. The NFT market generally has a lot of projects bridging investment ideas, social causes and community support together, so it’s where investors should look to invest their crypto capital.