Mask Cult is a collection of 3333 Masked people founded by a doxxed team of experienced financiers and investors. The aim of the collection is to be an income-generative Community Fund to NFT holders. This Fund will have a wide spectrum of investments, starting from investing in different cryptocurrencies and ending on crypto projects implementation.
Profit distribution and NFT floor price regulation are going to be implemented through a staking system and token buybacks. This means that a share of community profit will be used to buy all holders’ tokens on the market at a fixed price. Thus, Mask Cult token will have a real value ensured by the Community Fund and its profits. Every holder with staked NFTs will be able to swap Mask Cult tokens for Ethereum.
The principles of the society governance and investment divisions are based on voting. 1 NFT equals 1 vote.
Our Whitepaper includes a comprehensive description of all Community’s work principles.