Jack Ma's close friend has released an NFT. What kind of entity is Paradise, which penetrates a value of 33 SOL?
In garbage time, you have to find something to do.Author: Scof, ChainCatcher
Editor: TB, ChainCatcher
The Unit Price Soared to 33 SOL, What is Paradise NFT?
As the market gets stuck in garbage time, an NFT project starts to break through.
According to data from the OKX NFT market, the total trading volume of this NFT reached 11,260 SOL, approximately $1.57 million, within one day of its launch on the secondary market; its classic version floor price rose from the public sale price of 7.9 SOL to 33 SOL, while the minimum bid for the legendary version reached an astonishing 456 SOL.
According to RootData, Paradise NFT is a limited collection series of 8,888 pieces on the Solana network, offering legendary and classic versions. They aim to create a Web3 utopia - "Peach Blossom Spring," uniting 8,888 members to mine in Web3. Holders will receive benefits through airdrops. The artwork is produced by Artic Studios, known for collaborating with artists like Juice WRLD and brands like NIKE and SONY.
The image shows the prototype of Paradise NFT.
Currently, the issuer has granted various rights to NFT holders:
- Asset Airdrop: Qian Fenglei collaborates with his billionaire friends to mine Web3 with the community.
- Holder Privileges: Core rights to the FO series products (including FoChat, FoPay, and all future products).
- FoClub Feast:
The core circle of the legendary version, with only 888 spots, will hold quarterly offline gatherings and an annual friends' feast, deeply connecting the entire FO-X resources and ecosystem;
The important circle of the classic version can join the FoClub community, participate in the annual friends' feast, and deeply connect with the entire FO-X resources and ecosystem. - Physical Rights: Legendary version holders can receive a 1:1 exclusive signed commemorative print, limited to 888 copies.
- Super Bottom Guarantee: For users who minted the classic version, the project allows them to apply for a refund within 30 days of receiving the first airdrop asset (Paradise NFT) if there are no transaction or transfer records.
Yesterday, the project announced that all transaction royalties (5%) will be regularly returned 100% to the community and used for continuous community building to enhance holder confidence.
In addition, the project's initiator is also worth pondering.
The Initiator is a Close Friend of Jack Ma, NFT Suspected to be an Entry Ticket for the Wealthy Circle
According to previous reports by The Paper, the initiator of Paradise NFT is Qian Fenglei, who claims to be a close friend of Jack Ma. He walked alongside Ma Yun during Alibaba's IPO process. Besides being known as "Jack Ma's friend," he is also a well-known philanthropist, having generously donated to charitable projects such as Li Yapeng's Yanran Angel Fund.
As the chairman and CEO of Hengfeng International, he has invested in several well-known internet companies, including Ant Financial, Guazi Used Cars, and Alibaba Health. However, the source of Qian Fenglei's wealth has never been fully revealed, becoming a mystery to the outside world.
In 2020, Qian Fenglei disappeared from the public eye after being injured on the streets of Hong Kong, only recently reappearing in the spotlight.
In December last year, Hengfeng International launched the blockchain-based ecological platform FO-X and completed a $100 million financing, with Qian Fenglei personally investing $50 million, while the remaining funds came from his 50 old friends. According to previous disclosures, Hengfeng International's shareholders also include: Shen Guojun - founder and chairman of Intime Group; Cao Guowei - chairman and CEO of Sina Group; Hu Xiaoming - Alibaba partner and former CEO of Ant Financial; Cai Wensheng - former chairman and executive director of Meitu; Sheng Xitai - founder of Hongtai Fund; Wu Guangming - founder of Yuyue Medical, among other business figures.
In the large group of 10,000 people on the social software FoChat developed by FO-X, the administrator often circulates "Qian's Quotes," and group members participate enthusiastically. The 48-year-old Qian Fenglei claims he wants to lead FO-X into blockchain technology and stated in the large group, "fo is the last career in my life, and I am willing to put in all my efforts for it."
During the promotion of Paradise NFT, the administrator repeatedly emphasized in the group, "Does everyone think Qian's circle still needs promotion? Qian wants to give ordinary people a chance."
Qian Fenglei often mentions, "Friends are my keyword." But it is clear to the discerning that this NFT is merely an "entry ticket for the wealthy circle," filtering out capable Web 3 players and providing a platform for collaboration and communication with big shots, profiting from information asymmetry.
However, it seems that its speculative value may far exceed its actual utility.
