LandTrust Sandbox Vault #1

Strategy by

LandTrust

Deadline

May 29 2022

Vault Address

Mint starts:

29.04.2022, 3 PM UTC

Price:

ETH

Already minted:

Vault NFTs in wallet:

Total Price:

ETH + Gas Fee

Gas Price:

Latest Block:

Metaverse: The Sandbox
Vault size: 4 ETH
Number of NFTs: 80
Mint price: 0.05 ETH
Strategy: Buy below floor with bids, flip 2x or auction off in 1 year
Rewards: 4,000 $LAND per each NFT minted (claimable together with the final ETH proceeds when the lands are sold)
MINT DEADLINE: May 29, 2022
Management Fee: 5%
Success Fee: 20%

How does the Vault #1 work?

LandTrust Vault #1 pools together ETH by minting 80 NFTs at 0.05 ETH and buys Sandbox land with bids below the floor price. The vault lists acquired Sandbox lands at 2x price until sold. If the assets are not sold during the next 360 days, the vault auctions off the assets.

Each holder of vault #1 NFT is able to claim pro-rata proceeds of the vault when the assets are sold (minus fees). By claiming the proceeds the vault #1 NFTs will be burned.

All the proceeds and assets are kept inside of the vault throughout the whole period.

5% management fee is applied to initial mint proceeds used by the team to cover the vault’s smart contract deployment costs. 20% success fee is applied to the vault’s profit (difference between the total buying and selling price of the pool assets in ETH after the liquidation of all of the assets).

BROUGHT TO YOU BY

DIGITAL LANDOWNERS SOCIETY

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