Quiver sets out to build the most secure and scalable investment mining system using professional investors and analysts.
In every investment there is a risk. Not only does it involve money, it also involves time and emotion. Yes, emotions!
When you enter into an investment you experience various emotions. You get worried thinking you might have invested on a wrong project, angry for making the wrong decision, or happy that you made a big ROI.
Quiver understands these emotions and we have them captured into an Emotional NFT!
Before divulging into this, first, let’s back up and understand what an NFT is and how they are related to investment.
According to Wikipedia, a non-fungible token (NFT) (previously referred to as Bitcoin 2.0) is a unit of data stored on a digital ledger, called a blockchain, that certifies a digital asset to be unique and therefore not interchangeable.
An item that is non-fungible is one that cannot be exchanged for an identical item. NFTs can be used to represent items such as photos, videos, audio, and other types of digital files, and now in Quiver’s case, we are capturing emotions!
.Access to any copy of the original file, however, is not restricted to the buyer of the NFT. While copies of these digital items are available for anyone to obtain, NFTs are tracked on blockchains to provide the owner with a proof of ownership that is separate from copyright.
As mentioned above, we are not only investing money but emotions, and yet, with all the NFTs around, no one has thought of having these emotions come to live in an NFT, but we did! So don’t get too emotional!
Introducing Quiver Emotional NFTs, the first emotional NFTs that changes emotions based on the current market trend.
Quiver Emotional NFT is an ”investment emotion NFT” with captured emotions like: Angry, Worry, Normal, Rest, Happy.
To characterize these emotions we each have NFT that reflects the investors and the crypto market. NFTs like the Whale, Dragon, Fish, Deer, Bear, Bull, and more coming in the pipe are built and are assigned different emotions.
As it’s an investment emotion NFT, each NFT has its favourite coin. One NFT could only have one favourite coin and the NFT changes its emotion by its favourite coin’s price change.
Imagine the market of ETH getting bullish, then your NFT will show a happy emotion, on the other hand when the market is bearish, then your NFT will reflect your worry!
As a Quiver Investor, you have the option to select your favourite creature to mint.
For coin selection, if you are a big ETH supporter, then you can purchase the ETH-NFT and depending on the price market, your chosen creature’s emotion will be reflected by your coin’s price change.
Another cool feature of Quiver Emotional NFT is that NFT can lock QSTK.
QSTK is a governance token of Quiver IDAO and also it provides ownership of Quiver Protocol rewards. [more on whitepaper]
The locked QSTK into NFT solves two problems:
When users mint NFTs, they buy locked QSTK as part of the process. Locked QSTK tokens are withdrawable after the lock period.
Emotional NFT Sales is currently ongoing. To incentivize users, we offer a cheap price if duration is longer, meaning locked or vested tokens with a longer time duration before they are released and can be withdrawn would have a massive discounted price compared to the shorter time duration. There’s a private sale price in ETH registered inside the contract which we will be announcing in more details soon.
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