A team of three Icelanders have come together to launch a unique Viking NFT project, called Valhalla Vacation Club. Their dream: to bring together four things they love—Norse mythology, programming, art, and crypto. What started with a prototype Viking’s drawing on a napkin is now all set to launch this month. Rife with cool artworks and tons of holder benefits, Valhalla Vacation Club NFT collection is a must to watch this year!
The Ethereum-based collection will drop at 4 pm GMT on January 21. Each Viking NFT will cost you 0.065 ETH. Remarkably, for every mint, the project will plant two trees to reduce carbon emissions!
What is the Valhalla Vacation Club NFT project?
The Valhalla Vacation Club is a collection of 9,999 Viking NFTs algorithmically generated from over 250 unique traits. “In the Valhalla Vacation Club you will always be treated as royalty,” the project notes on its website. In other words, all Viking holders will get a lifetime membership to the club as well as a number of monthly benefits. Let’s dive deep into their roadmap!
Firstly, when 9% of the NFTs are sold out, all Viking holders will get a small piece of Iceland. Yep, you heard that right! Basically, the project will distribute pieces of volcanic rock from the currently active volcano at Iceland’s Geldingadalir to all holders. Now that is one perk unheard of in the NFT world!
What’s more, once 29% NFTs are sold, two lucky Viking holders will get flight tickets to meet the founders in Iceland! Not only that, sightseeing and clubbing in the Tavern are also included! Besides, at 39% sold, one holder will receive a one-of-a-kind Volcanic Ash Sword.
Furthermore, 0.5 ETH giveaways, a virtual party in the metaverse, and a treasure hunt is also part of the roadmap. When 99% of the Valhalla Vacation Club collection is sold, the team will also hold a 25 ETH raffle to be distributed among 50 holders.
Along with these, there’s another important perk: their Decentralized Autonomous Organization (DAO).
Odin’s Vault: The project’s DAO
Odin’s Vault, a.k.a the project’s DAO, is one of the major highlights of Valhalla Vacation Club. Initially, the team will allot 0.02 ETH (~30%) of every Viking mint to fund the DAO. In other words, a total of 200 ETH will be the initial funds in Odin’s Vault. Besides, every Viking NFT corresponds to a single vote in the organisation.
So, how will the team utilise the funds? Basically, the plan is to invest in top blue-chip projects in the space like the Bored Ape Yacht Club or Doodles. Every two months, the club will hold a shareholder meeting. During this, the members (or Viking holders) can send investment suggestions. Each member of the DAO will decide which NFT to buy, when to buy, and if/when to sell. If an NFT is sold for a higher value, the club will reinvest 25% of the profits. The remaining profits will be airdropped as dividends to stakeholders!
The project surely sounds promising and we can’t wait to find out how the drop goes! If you’re interested, make sure to follow the project on Twitter and Discord!
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