Hydro Whales Mining Club - NFT Project Case Study

Blockchain: Ethereum

Links:
Website: https://www.hydrowhalesclub.com/
Opensea: https://opensea.io/collection/hydro-whales-mining-club-official
Whitepaper: https://www.hydrowhalesclub.com/white-paper
Discord: https://discord.com/invite/hydrowhales

The Hydro Whales Mining Club is a collection of 9999 NFT Whales with more than 1000 different traits drawn by a professional artist.

According to their website, the Hydro Whales Mining Club will be a project that will be focused on generating a stable passive income for holders. The project's initial cash flow will be generated using a hydro-powered Bitcoin mining farm purchased using the funds used to mint the 9999 NFTs (Hence the name "Hydro" Whales Mining Club). They will have an estimated 4.5 BTC income every month from this mining farm, 33.33% of this income will be paid out to holders, 33.33% used to buy more miners and increase the farm, and 33.33% paid into the community wallet (Will be used to invest in other projects to generate more income). Some potential projects they will be doing to generate more income with the community wallet include a physical gold project and a medical cannabis project which can be found on the whitepaper with more detail.

This is not a paid promotion for the project, I will only post about projects I'm genuinely bullish on