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How an NFT community is building on vision of The Network State

London, UK - August 4, 2022

Eternal Royalty, a positive-sum NFT gated initiative, which aims to build a private community of Web3 entrepreneurs, engineers, creators, angel investors & VCs, is all set to launch its Public and Presale Mint, after the release of its whitepaper last week. Eternal Royalty is building a decentralized global startup incubator to bring together builders and investors in order to leverage the skillsets of entrepreneurs and the expertise of VCs.

Traditional Startup incubators often help early-stage enterprises develop their ideas, create business plans, and connect with other start-ups. The main benefit of a startup incubator for community builders is that it gives entrepreneurs access to a network of prosperous business partners.

In contrast, the value share in the Web3 Era that we are approaching is equally split between Users, Creators, Builders, and Investors. Whether a venture capitalist, computer programmer, marketer, designer, or anybody in between, it is feasible to create distinctive initiatives and permit all investors to exclusively participate in the projects they believe in.

The project founders recognised that the challenge with contemporary projects was discovering like-minded individuals, who could convert the projects' concept into a reality.

Investors who are considering joining the private community should be aware that they will have first access to investments in innovations that have not yet been made public. Additionally, investors in the community would be encouraged to do so, by offering a lower rate of return and/or a higher part of the profits. The project founders want them to be involved in the decision-making and provide business acumen, support and leadership to the community.

As of now, the project has an evolving roadmap, with an emphasis on activities such as launching Work-2-Earn Bounty Program, establishing DAO Charter and launching a web3-based app for executing all the DAO’s operations. They also plan to establish 3rd party partnerships and curate a DAO whitepaper in collaboration with the Crown NFT-Holders.

Recently, the project founders unveiled a noteworthy ‘staking feature’ for the committed Eternal Royalty members. Each stakeholder will receive 20% of all royalties from the project's sales monthly. They indicated that ETH or WETH would be used to pay out staking incentives.

Speaking on the latest launch of the Eternal Royalty Whitepaper, Venture Capitalist, Faiyaz Adam said, 

“In these trying and tough times, when the world faces the rise in the cost of living, we want to create a safe and proven way to allow the public to come together and work for themselves rather than for others and see the rewards for that first hand. Everyone deserves a chance to be successful regardless of their background. I want people with great and bright ideas to see them come to life and have a chance at success.”

Users will be able to construct sub-economies on the platform thanks to the introduction of the Eternal Royalty ecosystem, bringing in the interests of investors and other partners.

The project's Presale and Public Mint are scheduled to begin on 4th August, 2022. Users can take part in the project's bounty programme to obtain a spot on the whitelist for mint. On the official website of Eternal Royalty, there is a form you can fill out to get notifications on future project updates.

A network state as defined by Balaji S. is a social network with a clear leader, an integrated cryptocurrency, a definite purpose, a sense of national consciousness, and a plan to crowdfund territory. Eternal Royalty aims to make it a reality that the next new country will not be a geographical nation-state, but a startup incubator in a discord server of sovereign individuals: Builders, Creators, and Wealth Generators. 

About Eternal Royalty 

Eternal Royalty is a collection of 3,333 unique 3D crowns rendered as NFTs on the Ethereum blockchain. Each individual NFT secures your place as part of the Royal Family. Eternal Royalty's founding members are pioneering in the Web3 sector and are about to upend the social class structure. Eternal Royalty was born with the modern investor in mind.

Join Eternal Royalty Socials

Twitter: https://twitter.com/EthernalRoyalty

Discord: https://discord.com/invite/eternalroyalty

Contact Info:
Name: Faiyaz Adam
Email: Send Email
Organization: Eternal Royalty
Website: https://www.eternalroyalty.io/

Release ID: 89079530

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