BrokerBeasts NFTs Bring Autonomous Trading with BEAST Token
BrokerBeasts is an innovative NFT collection that combines the nostalgia of 1960s traders with cutting-edge cybernetic upgrades. The project features NFTs equipped with their own wallets, which autonomously trade stocks and crypto on Robinhood via the Lighter platform. Each NFT has a unique, hardcoded personality that dictates its trading style, adding a layer of individuality to the collection.
The ecosystem is powered by the BEAST token, which serves multiple functions. Half of the mint fees go toward funding the wallets of already minted NFTs, ensuring they have capital to start trading. Additionally, a 2% trading tax on BEAST tokens is used to top up these NFT trading accounts. Holding more BEAST tokens can multiply these top-ups, with multipliers ranging from 1.5x to 3x depending on the percentage of the token supply held.
An extra 1% of the BEAST token trading tax is allocated to buy back and burn the token, potentially increasing its scarcity over time. Users have the flexibility to withdraw or top up their NFT's trading balance at any time, with no lock-ups unless funds are actively in a trade. The project also includes a leaderboard that displays the live profit and loss (P&L) of NFT traders, adding a competitive element to the ecosystem.