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Home»NFT»Introducing Infinity Checks: A bold response to volatile NFT trends
Introducing Infinity Checks: A bold response to volatile NFT trends
NFT

Introducing Infinity Checks: A bold response to volatile NFT trends

2023-08-09No Comments3 Mins Read
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In the rapidly evolving landscape of digital art, one name continues to resound with unprecedented success: Jack Butcher. In addition to its experienced team, Visualize value has already carved its mark in history by creating two successful and innovative collections: Checks and Openen. And now it’s back with its latest project, Infinity Checks.

With Infinity Checks, Butcher and his partner-in-crime, Jalilembark on a mission to recalibrate the delicate balance between artistic appreciation and monetary gain.

If many people are interested in an NFT project in 2023, the price will rise and the barrier to entry will be high. This profit-oriented strategy promotes quick turning for profit, leaving little room to simply enjoy the art itself.

Such behavior has led to tumultuous fluctuations in the value of digital art collections, casting shadows of uncertainty over the empire. This behavior has caused the values ​​of digital art to be unstable, creating uncertainty in the market. Butcher and Jalil want to fix this.

1/

the Infinity collection is live!

– infinite tokens; infinite supply of each piece
– immutable & completely onchain generated
– price is forever fixed at 0.008 Ξ per piece
– destroy the art to redeem the Eth at any time pic.twitter.com/fqh48hVjnj

— jalil.eth (@jalil_eth) August 8, 2023

An infinite number of Checks for a fixed price

Visualize Value wants to use Infinity Checks to solve this problem. True to its name, this collection offers an infinite supply, each with a clear essence of artistry. But what stands out the most is the steadfast price of 0.008 eth, which brings stability even when the financial situation is uncertain.

See also  Binance Announces New Non-fungible Token (NFT) Lending Program, Binance NFT Loan

But how does Infinity Checks maintain its price balance? The catch: This fee isn’t set in stone. Collectors retain the privilege of recovering their investment at any time, a feature that resonates as a testament to Butcher and Jalil’s commitment to artistic integrity. The ETH deposited to hit an Infinity Check is held securely within the collection smart contract, ready to be withdrawn if a collector chooses a refund. The art is then destroyed.

Continuing their mission, Jack and Jalil envision a scenario where monetary rewards may be lacking, but the ecosystem gains immeasurable value. This avant-garde approach has the potential to lure numerous new collectors into the Visualize Value fold, creating a community of enthusiasts who value artistry over monetary pursuits.

“Communities are best based on shared experiences, and all too often in Web3 such shared experiences cost thousands of dollars to participate in,” Matt O’Brien, an avid Checks collector and supporter, now shared with nft. “With Checks, Opepen and now Infinity Checks, the VV team continues to demonstrate that teams building in Web3 don’t have to charge outrageous prices to participate in their projects.”

Infinity Checks is now live and can be beaten on the official website. You can view the Opensea (non-tradable) of the project here.

The post Introducing Infinity Checks: A Bold Answer To Volatile NFT Trends now appeared first on nft.



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