Cryptocurrency investment platform Cindicator announced today that its first NFT on Stoic, an automated cryptocurrency investment app with artificial intelligence, has sold for 36.75 ETH or over $140,000 at its current price. The winning bidder was a man named _satoshi.
Stoic NFT was named after Zeno of Citium, who is the founder of Stoic Doctrine. He believed that happiness and peace of mind came from living a rational and natural life. His ideas profoundly influenced many generations of philosophers after him.
This 1:1 NFT offers free lifetime access to the Stoic app, which offers trading strategies built for Cindicator Capital, a quantitative hedge fund.NFT holders can connect the Stoic algorithm to Binance accounts with balances up to $10 million. The usual annual fee for Stoic is 5%.
Launched by Cindicator, Stoic automatically builds and rebalances long-term portfolios of crypto assets based on quantitative research and artificial intelligence. Since its launch in September 2020, over 10,000 clients have connected to Stoic, holding over $100 million in cryptocurrencies. From March 2020 to September 2021, Stoic has returned +2,189%.
“Selling lifetime access to a product in the form of NFT is a unique case. In addition to the collector’s value that comes with its rarity, it carries real utility in the Stoic application. Holders can manage up to $10 million with Stoic and use the NFT as a credibility signal on the chain to unlock other opportunities.” – Mike Brusov, co-founder and CEO of Cindicator