3rd Collateral NFT Sale
Overview
Third Collateral NFT sale (CPT id 10781). 555 NFTs at 900 $EMP each lock 500,000 $EMP as collateral for upcoming housing projects, with 11.1% APR and a 1-year lockup. FC NFT holders receive priority on 100 NFTs in the first 24 hours.
Key Details
- Launch: 16 December @ 14:00 GMT
- Total NFTs: 555
- Price per NFT: 900 $EMP
- Total $EMP locked: 500,000
- APR: 11.1%
- Lock-up period: 1 year
- Buyback price after 1 year: 1,000 $EMP per NFT
- Reward per NFT: 100 $EMP
- FC NFT holder priority: 100 NFTs in the first 24 hours
What Collateral NFTs Do
Collateral NFTs support housing developers to meet their collateral obligations, while also earning $EMP rewards. This approach ensures our ability to scale across multiple countries while providing investors a liquid form of security.
How to Earn Rewards
- Buy NFT — Purchase for 900 $EMP each.
- Lock $EMP — Tokens locked for 1 year as collateral.
- Earn Rewards — After 1 year, Empowa buys back NFTs for 1,000 $EMP.
Supply & Demand Dynamics
EMP tokens required as collateral for loans are locked away for the agreed term, removing them from the circulating supply. As more projects launch, demand increases while supply decreases.
Key FAQs
- Eligibility — Anyone can purchase; FC NFT holders get priority with 100 NFTs in the first 24 hours.
- Trading — Can be traded on the Empowa NFT Marketplace in $EMP tokens.
- Calculation basis — Explained in the black paper and accompanying video.
Stats
- 555 — NFTs on sale
- 900 $EMP — Price per NFT
- 500,000 $EMP — Total locked
- 1,000 $EMP — Buyback price
- 100 $EMP — Reward per NFT
- 11.1% — APR
- 1 year — Lock-up
- 100 — NFTs reserved for FC NFT holders (first 24h)
Status
Upcoming / active at launch — 16 December @ 14:00 GMT.