Official ColossusXT Crowdfund Update — Now earn Masternode rewards with NFT Yield Farming
In 2021, a new sensation was picked up by traditional mainstream media — Non-Fungible Tokens (NFTs). You’ll remember ColossusXT getting involved in this hype with the release of our very own digital collectables.
For ColossusXT — the release of these collectibles was not purely to ride the media hype, but to raise funds for development of a wrapped $COLX (wCOLX) allowing us to bring COLX to the Ethereum Blockchain and with that update, decentralised exchanges.
We’ve now taken it a step further, with NFT Yield Farming, those who buy and hold a ColussusXT CrowdFund Tribute — UNiK in their $ETH address for at least 1 Month from 20th March 2021 are now eligible to get 10% of a Masternode reward. This would be paid out to your $ETH address when wCOLX goes live.
There is also no limit — buy 10 of these and hold, and you’d get 100% of a Masternode reward — that’s right 100%. With only 25 in the world, get in quick to make the most return!
If you cannot purchase an NFT right now but would still like to support the development you can also donate directly to the crowdfunding effort here. We are currently at 30% of our goal, so all donations go a long way to the growth of this project!
What are NFTs, and what is Yield Farming?
What Are the Benefits of Wrapped Tokens?
In short, they give the owners of digital assets freedom to explore other blockchains. A large chunk of the DeFi ecosystem and DApps are based on the Ethereum network.
How Can I Buy wCOLX?
After the solution is delivered, you can either buy COLX and mint wCOLX using our bridge or alternatively, you could go through a DEX (a decentralized exchange) like Uniswap to buy wCOLX directly.