Cryptocurrency research and venture capital firm Delphi Digital has announced the launch of an “on-chain fund” to invest in non-fungible tokens (NFT).
The fund, called Delphi InfiNFT, is based on the Syndicate decentralized investment protocol. The fund will be managed by Delphi Digital specialists together with an investor under the pseudonym Gmoney, who previously bought NFT CryptoPunk for $ 176,000.
“Using Syndicate will automate deposits, pricing table, investment allocation, fund management, reporting, and so on. In addition, the protocol will make our investments transparent, so that anyone interested can get any information, ”said Anil Lulla, Co-Founder and COO of Delphi Digital.
The management of Delphi Digital plans to make from three to five investments per month, and the average investment amount will be $ 250,000. At the same time, it is expected that there will be about twenty investments in the work, which will be directed to companies and projects that create collectible tokens and develop the NFT ecosystem.
“NFT is more than just another revenue stream for content creators. They can change the relationship between fans and artists, from consumption to collaboration. It is difficult to overestimate the impact of NFT on society in the long term, ”says Lulla.
Recall that the recently famous eBay marketplace announced the support of collectible tokens on its platform.
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