STAT and Bloomingbit launch ‘Top Trader NFT’ | National business

SEOUL, South Korea–( BUSINESS WIRE )–29. July 2022–

STAT, a ‘trader Non-Fungible Token (NFT) Platform’ based on Kakao’s Klaytn (KLAY), announced that it officially launched ‘Top Trader NFT Drops’ on July 1 in partnership with Bloomingbit, a blockchain and cryptocurrency investment information app and online service ( coin) by Hankyung Media Group (The Korea Economic Daily). Top Trader NFT Drops is a service that allows users to subscribe to top traders’ real-time portfolios and trade history.

The service supports the issuance and auction of subscription Top Trader Cards (NFT) for traders with excellent performance selected by Bloomingbit and STAT. If you win an NFT from Top Trader Drops, you can subscribe to the real-time portfolio, trade history and various information content of the trader who issued the corresponding NFT.

Earlier last November, Bloomingbit and STAT publicly recruited five ‘Top Traders’ who wanted to issue the world’s first Top Trader card. More than 300 traders joined the competition, creating fierce competition. After verifying investment returns and actual account trading history, five traders—”Momentum Scalper,” “Black Dog (Heukgu),” “Mentalist,” “Accumulator (Bakridamae),” and “Rhino”—were selected as the first traders to issue NFTs -is.

“Momentum Scalper” is the trader who recorded the most profit. After starting with 100 million won in seed money, he achieved more than KRW 18.1 billion in revenue by June 2022. “Black Dog (Heukgu)” achieved the highest return with a small amount of capital. Starting with 10 million won, he made more than KRW 3 billion in profit and reaped a total return of over 18,000% (about 180 times). “Mentalist” recently produced high returns in a short period of time, especially during the downtrend in June. “Accumulator (Bakridame)” pursues absolute safety and trades without losing rather than aiming for a “big gain.” Although the profit is not big, he shows stable trading with over 90% of the gains when he decides to enter. “Rhino” had the highest average daily return last year, even though he started with a small seed, producing an average daily return of 3.96%.

All of these dealers issue NFTs in conjunction with Bloomingbit. It is worth attention as this is the first case of issuance of trader’s portfolio subscription as an NFT. NFT can be obtained through an auction on Bloomingbit. You can bid using KLAY inserted in KakaoTalk Klip connected to Bloomingbit app.

The auction is held as an open auction, and the user who bids the highest price in each round will be awarded the Top Trader NFT. Auctions are held every 24 hours for one NFT per trader, and the winning bid amount from the previous NFT auction becomes the starting price for the next auction.

NFT allocated will be stored in Klip and traders will provide their trade history, portfolio and content in real time only to the NFT holders.

A total of 100 Top Trader cards will be issued per trader. The auction is divided into two parts. The first auction started at 9am on July 1st and ends when 50 Top Trader NFTs per trader are used up. The remaining 50 cards will be auctioned off in the second auction held later.

Top Trader NFT holders can also sell their Trader Cards in major NFT markets, including Open Sea. The following benefits will be provided for the holders; Real-time portfolio browsing of the NFT issuing trader, Browsing protected posts by the trader, Real-time trade history notification of the traders (app push notification), Receive real-time order history of the traders through API (coming soon), A separate community available only to the NFT owners (coming soon), Priority to participate (Whitelist) in the next Top Trader NFT auction, Free new Top Trader card when the NFT issuing trader withdraws, and VIP access to private events hosted by STAT and Bloomingbit.

Sanha Kim, CEO of Bloomingbit said: “Top Trader NFT is an innovative service that connects directly to the Exchange API (application program interface) used by the trader, allowing you to see live trading history and portfolio of real expert traders in real time without the possibility of manipulation.” He added, “With this service, we will strive to establish a healthy investment culture for virtual assets.”

For more information

STAT website:

STAT Telegram: https://t.me/ProjectSTAT

Bloomingbit x STAT Top Trader Card Landing Page: https://bloomingbit.io/event/toptrader-nft-live

See the source version on businesswire.com: https://www.businesswire.com/news/home/20220729005016/en/

CONTACT: CTO

Juhwan Park

[email protected]

KEYWORDS: ASIA PACIFIC SOUTH KOREA

INDUSTRY KEYWORDS: TECHNOLOGY NFT SOCIAL MEDIA BLOCKCHAIN ​​FINANCE APPS/APPLICATIONS PROFESSIONAL SERVICES OTHER COMMUNICATION DIGITAL CASH MANAGEMENT/DIGITAL ASSETS OTHER TECHNOLOGY SOFTWARE NETWORK COMMUNICATION COMMUNICATION

SOURCE: STAT Labs

Copyright Business Wire 2022.

PUB: 29/07/2022 09:00/DISC: 29/07/2022 09:02

Copyright Business Wire 2022.

You may also like...

Leave a Reply

Your email address will not be published. Required fields are marked *