Flasko: Bridging Crypto and NFTs With Alternative Investments
Alternative investments have since moved from the sidelines to the center of the global investment scene. But despite reaching the mainstream, retail investors are still unable to diversify their portfolios to include alternative investments even though the sector offers good investment returns.
Low liquidity and lack of verifiable financial data to help them analyze and invest have been identified as major obstacles preventing many investors from going into alternative investments.
But Flasko has designed a game-changer product to help crypto investors diversify into alternative investments. How will Flasko achieve its goal, and what else does the platform offer?
Flasko is a blockchain-based investment platform that bridges the alternative investment industry with the cryptocurrency sector. It offers crypto investors a doorway to alternative investments by giving them access to the premium beverage market.
Through Flasko, investors can benefit from the beverage industry by buying and selling non-fungible tokens (NFTs) that represent an investment in rare and expensive alcoholic beverages/casks.
The platform buys luxury beverages and stores them in insured and licensed bonded warehouses. Then, mints NFTs for each beverage asset which allows users to invest in the drinks. Investors claim ownership of beverages by buying their NFTs wholly or in fractions.
Flasko analysts also track the market daily and provide investors with adequate data to make investment decisions. The platform aims to build a substantial market for expensive and rare whiskeys, champagnes, and wines.
Through governance, Flasko allows investors to decide whether investments are sold back to the global market or auction/sell them independently and share this revenue amongst the token investors.
Features of Flasko
Users can easily invest in rare and luxury, real-world beverages by buying and selling NFTs through the Flasko platform. The platform also delivers luxury drinks to investors who have purchased 100% of the NFT ownership, free of charge.
Flasko has a launchpad for start-up beverage companies to promote new drinks and allow investors to invest early in startups with great potential to become valuable in the future. Startup alcoholic beverage brands can leverage the Flasko launchpad to advertise their products to a wide range of users they would not otherwise have. This will provide Flasko users benefits such as first access to newly released products, as well as discounts from beverage brands around the world.
The staking option offers users another opportunity to earn passive income on Flasko. Stakers can make an average of 28% returns on their staked tokens annually. On top of this, the platform also rewards stakers with part of its revenue from trading fees.
Flasko VIP Membership
Flasko provides investment opportunities for VIP users in three different tiers. Here are the offers and privileges for each level:
The Whiskey Club
This tier is open to investors with a minimum investment of $10,000 and above and has only 75 spots available. Some of the benefits of the Whiskey Club include the delivery of premium Whiskey to investors, access to a personal account manager, and access to 75 Exclusive & Discontinued NFTs.
The Wine Club
The Wine Club is exclusive to only 50 partners with a minimum investment of $30,000. Some of the privileges enjoyed by members of this club include the delivery of premium vintage wine to investors, 24/7 access to a personal account manager, and access to 50 Exclusive & Discontinued NFTs.
Members will also gain exclusive access to wine tasting events worldwide with Flasko partners and priority access to all new wine startups on Flasko’s partnership list.
The Champagne Club
This tier is available to only 25 partners with a minimum investment of $60,000. Members of this club enjoy privileges such as doorstep delivery of premium Vintage Champagne, 24/7 access to a personal account manager, and access to 25 Exclusive & Limited NFTs.
Additionally, investors will gain priority access to all new whiskey and wine startup Flasko partners, NFT Conference Partners, whiskey, wine, and champagne tasting events around the world with Flasko partners, and two trips a year to the Champagne region of France.
Note that the VIP membership is optional, and there is no minimum amount users can invest on the platform, although the maximum investment is pegged at $500,000.
The FLSK Token
FLSK is the utility token of the Flasko platform. FLSK has a total supply of 1 billion tokens, however, as any unsold tokens will be burnt, the circulating supply will be lower. The project plans to lock liquidity for 33 years to eliminate the risks of a rug pull.
Investors will use FLSK to invest and trade NFTs on the Flasko platform. The token will also serve as tickets to Flasko events. FLSK also acts as the project’s governance token, giving holders the right to vote on decisions that could affect Flasko’s growth in the future.
The first stage of Flasko (FLSK) presale is currently in progress at the price of $0.040 and will run until October 20th.
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