PRIVATE EQUITY

This investment is open to High Net Worth Individuals( HNWI), Accredited Investors, and Private Wealth Management companies. 

OFFERING

We are currently offering a potential Regulation A+ offering for our common shares, which as of July 23, 2022, were valued at $187.50 per share. We anticipate that the offering would seek to raise $82,000,000 with a minimum investment of $1,100,000 for individuals and $2,500,000 for institutional investors.


Pop Highlights

* A diversified portfolio of digital assets across several metaverses.

* Raised more than $10M previously through privately held fundraising campaigns.

* Featured in CNBC, NBC, Reuters, Coindesk, Hypebeast, and more.

* Among the largest NFT RE owners in Sandbox, Axie Infinity, and Decentraland.

* Strategy to develop and operate parcels to maximize returns.

* Return on invested capital of more than 145.26% since March 2021

* Managed by NFT FUNGIBLES., a leading investor in metaverse and NFTs.


Overview

NFT FUNGIBLES ("NFS") business objective and strategy are to achieve attractive risk-adjusted returns primarily through the acquisition, management, development, and sale of digital parcels in blockchain-based metaverses in the form of non-fungible tokens (“NFTs”).

NF is focused on acquiring, managing, developing, and selling digital parcels across various crypto-based metaverses. By employing a unique combination of experience and knowledge in the real estate, development, and digital asset management industries, NF will seek to generate an attractive return on investment, while contributing to the growth, prosperity, and communities in these virtual worlds.


What is the Metaverse?

The metaverse is an alternate digital reality where people socialize, work, play, and transact. Metaverses built on the blockchain are self-contained virtual cities, games, and economies that simulate real-world interactions. The metaverse bridges the gap between the digital and physical worlds, offering new, exciting methods of interaction. Blockchain-based metaverses distribute ownership and value through native cryptocurrency tokens to their users, players, and landowners.


Digital Real Estate Investing

Investment in digital real estate occurs through the purchase and exchange of non-fungible tokens (or NFTs), a special type of cryptographic token which represents something unique; non-fungible tokens are thus not mutually interchangeable. This is in contrast to cryptocurrencies like bitcoin, and many networks or utility tokens that are fungible. Each NFT is distinct or unique, it is indivisible and it is not interchangeable.


Strategy

NF invests in virtual worlds, or metaverses, built on the blockchain. Our asset management strategy is inspired by traditional real estate investment strategies. We look to acquire, manage, and develop virtual real estate, following core tenets. 

We intend to acquire a portfolio of diversified digital assets across a variety of crypto-based virtual worlds. When deciding whether to acquire a digital asset, we generally analyze our potential purchase prices compared to recent sales, the prospect that the digital asset’s location with respect to potential neighbors may add value, and the digital asset’s potential use cases and development viability. 

NF do not intend to actively trade (or “flip”) the digital parcels it acquires. Instead, we generally employ a “buy and hold” strategy, and may sell or dispose of assets when favorable opportunities present themselves.


Portfolio

As of November 2, 2021, NFT FUNGIBLES has made investments into 13 different major metaverses. 

The Sandbox - The Sandbox is a virtual Metaverse where players can play, build, own, and monetize their virtual experiences. This platform seeks to empower artists, creators, and players to build what they have always envisioned, providing the means to unleash their creativity. Using blockchain technology and NFTs, users can build the virtual economy of the future in their created spaces. 

Decentraland - Decentraland is a virtual reality platform powered by the Ethereum blockchain. Users can create, experience, and monetize content and applications. Land in Decentraland is permanently owned by the community, giving them full control over their creations. Users claim ownership of virtual land on a blockchain-based ledger of parcels. Landowners control what content is published to their portion of land, which is identified by a set of cartesian coordinates (x,y). Contents can range from static 3D scenes to interactive systems such as games.

CryptoVoxels - Cryptovoxels is a virtual world built on the Ethereum blockchain. The world consists of a city called Origin City, which has “streets” that are owned by The Corporation, and “parcels” that are owned by individual people. If you have an Ethereum wallet, you can buy a parcel. This world functions primarily as a display for users’ NFTs and art. 

Somnium Space - Somnium Space is an open, social & persistent Virtual Reality platform built on the Blockchain. In this platform, one can buy land, build or import NFTs and instantly use or monetize them. The universe is shaped entirely by players. Somnium seeks to build out its entire platform primarily using VR technology.

Axie Infinity - In Axie Infinity, players buy, breed, and pit monsters called Axies against each other to win in-game currency—called small love potions—that can be exchanged for fiat cash ($). This business model is known as play-to-earn, where players earn crypto rewards for playing a game. Axie Infinity has brought the play-to-earn model to the masses and is currently in the process of upgrading its offering with a virtual land platform, more commonly referred to as a metaverse.

Embersword - Embersword is an ambitious MMORPG-style game with a play-to-earn component built on the blockchain that seeks to be chain agnostic. The game is set to be partially owned and maintained by its player base using in-game incentives like land ownership, stat upgrades, and guilds. The game seeks to create a loyal player base of experienced fantasy RPG fanatics while also burgeoning a healthy economy within its ecosystem. 

DeHorizon - DeHorizon’s metaverse, DeVerse, is a game that will let you explore a vast world built on the blockchain with the ability to participate in many different activities. Players will get to mint unique NFT monsters, embark on quests, do battle with each other, and even play their version of Quidditch. DeHorizon also seeks to provide a play-to-earn component in the game. 

Bit.Country - Bit. Country enables everyone to start their metaverse for their people with the 3D world, NFTs, play-to-earn & build communities to earn, and takes community engagement to a new dimension on web 3.0. In Bit.Country, everyone can start their metaverse for their fans, followers, and group members! Bit.Country enables users to truly own their community and bring in the power of a tokenized economy! Create a virtual world with NFTs for your Telegram group, Wechat group, Twitter followers, or Facebook group.

HighStreet - Highstreet bridges the physical and digital worlds with a brand-new MMORPG. Built natively with Unity and Blockchain technology, Highstreet provides real products with additional utilities by turning them into in-game items. With a merchant portal developed on Metaplex, both established and new brands can leverage Highstreet and seamlessly establish virtual storefronts both on web3 and within the metaverse. 

Nifty Island - Nifty Island is a new open-ended social metaverse and game hub developed by Nyft Studio expected to launch by the end of this year. It aims to create a community-owned and driven metaverse where digital assets can be brought together in a single realm. On joining Nifty Island, every new citizen is given a separate island and a customizable avatar. They can play games, display their NFT collections, trade NFTs, and get incentives for playing and contributing content to the gameverse.  

Cradles - Cradles: Origin Of Species begins in prehistoric times. A blockchain game, Cradles allows real-world time and space rules to mesh in a game for the first time with the introduction of the time and entropy system. Cradles adopt a dual token economic model that combines traditional money with a cryptocurrency design. Crystals, the in-game currency, has an inflation rate controlled by smart contracts. Cradles propose a new gaming concept: “Play to Enjoy, Enjoy to Earn.” 

Treeverse - Treeverse is an open-world, fantasy, and sci-fi-based MMORPG with an action-packed MOBA-style combat system. Slay beasts, forge mighty weapons, lure the biggest fish, form guilds, defeat dungeons and explore the deep lore. The living world of Treeverse awaits those bold enough to conquer it.

Note, one investment is currently confidential and cannot be disclosed.


Market Opportunity

In 2020, the total annual transaction volume for NFTs was $338M. 2021 saw an explosion of growth nearly quadrupling to $1.2B in transaction volume in Q1 alone, followed by $1.3B in Q2 2021 and a blockbusting $10.7B in Q3 2021, according to data from DappRadar.  Virtual real estate and metaverse assets have seen rapid growth as well. Over the past two quarters, Q2 and Q3 2021, there has been over $107M in transaction volume (data from nonfungible.com).  There is a steep upward trend in sales volume, price, and the number of transactions each week for metaverse real estate assets.  

The metaverse opportunity is enormous. Pitchbook research predicts that the market will be valued in the hundreds of billions of dollars by 2025, and will cross the trillion-dollar threshold by 2030.  

We are strongly looking at investing strongly in this goldmine. 


Valuation

As of November 2, 2022, NF's return on invested capital since inception is 145.26%. The Net Asset Value ("NAV") per share of common stock was $187.50 net of fees.

The table below provides a summary of our investments in metaverse assets and investment as of May 2, 2021.

Net Asset Value ("NAV") for our common stock is calculated using a process that reflects, (1) the estimated values of each of our portfolio assets and investments, including related liabilities, based upon (i) independent third-party valuation reports which primarily rely on comparable sales information, and (ii) for portfolio assets that have development or value add plans, progress along such development or value add plan and (2) the price of liquid assets for which third-party market quotes are available, such as coinmarketcap.com or another reputable third-party pricing source.

Notes to Valuation of Metaverse Assets:

1.  Decentraland: current value includes an adjustment in value equal to costs incurred related to the development of certain parcels.

2. Sandbox: current value includes a value adjustment to reflect the Company’s ownership of 10 Fantasy Islands at an estimated value of 66.6 ETH each which was based on recent sales.

* Valuations based on acquisition price or publicly available pricing information from coinmarketcap.com


Team

NFT FUNGIBLES is one of the most active investors in and developers of the metaverse real estate ecosystem. We invest in, manage, and develop assets including NFTs, virtual real estate, metaverse platforms, gaming, and infrastructure.

NFT FUNGIBLES has created a governance and operating model that reflects its mandate and objectives and builds on global best practices. The operating model ensures transparency, efficient decision-making, and the ability to evolve.

NFT FUNGIBLES has holdings in major 13 metaverse platforms, has helped develop 2 metaverse real estate projects, and owns over 2,000 NFTs. We are a pacemaker in the metaverse. In addition to The Museum Collection, which is a digital culture museum for NFTs, we also developed a sustainable model for passive income with crypto and NFTs as vehicles. We are also working on establishing Fungibles ACADEMY the first online university set in the metaverse and driven completely by tuition NFTs. 


For more information and documentations, please send an email to privateequity@nftfungibles.com