JPG: A diversified portfolio of the top NFTs | April 20th Newsletter
The JPG NFT Index provides a diversified portfolio of blue-chip and leading NFT collections in a single token.
April 20, 2022
April 20th Newsletter
Hi, there!
Another one? Yes, we’re launching another innovative index this month, JPG. The JPG NFT Index provides a diversified portfolio of blue-chip and leading NFT collections in a single token. To coincide with the launch of JPG, we’re also releasing an NFT project of our own, Collectooors. Check out how you can get 1 of 100 of these originals airdropped into your wallet. And last but not least, we’ll reveal the winning meme from our icETH community competition.
- The Index Coop team
PRODUCT NEWS
A True NFT Index Has Arrived 🎇
Ever wanted to buy into a high-profile NFT project but couldn’t justify the price, or allocating that much of your portfolio to a single asset? Well, you’re in luck. Index Coop is bringing the power of indexing to the NFT space. We’re excited to announce the launch of the JPG NFT Index, a diversified portfolio of leading NFT projects. JPG is designed to provide liquid access to the top NFT collections through a 'simple' Set index token. The allocations include fractional and liquidity vaults, curation DAOs, and currencies. JPG is the simplest way to gain diversified index exposure to top NFT projects.
PRODUCT NEWS
Are You A Collectooor? 🥸
Alongside the launch of JPG, the Index Coop is releasing a project featuring 100 unique NFTs called Collectooors. Collectooors are NFT aficionados who will have the opportunity to vote on future components, direct yield, and airdrops accrued by the index. Holders of this NFT are incentivized to be good stewards of the NFT ecosystem in a way similar to how Index Coop contributes to DeFi by exercising its DPI metagovernance power. Collectooor NFTs will be:
- airdropped to liquidity providers in a first of its kind liquidity mining campaign (30 NFTs)
- reserved for the JPG product team (20 NFTs)
- reserved for the Collectoooors treasury (20 NFTs)
- distributed to the community via an initial airdrop to incubate thoughtful engagement & collaborative ecosystem stewardship amongst the Collectooors (30 NFTs)
Attend our 4/20 launch day events on Twitter Spaces (3pm Eastern) in Discord (4pm Eastern) for your chance to win $JPG and your very own Collectooor NFT.
COMMUNITY NEWS
Seizing The Memes of Production
A picture is worth a thousand words, but a meme is worth a thousand pictures. Memes are a visual form of communication that build community and generate awareness by clearly delivering a message. To engage the community and spread the word of the icETH launch, Index Coop hosted a meme contest with $2,250 of icETH up for grabs. Hundreds of creative videos, photoshops, and custom real-world items were submitted by the community. In the end, KindEagle’s video mashup featuring Wojak, “Ice Ice Baby”, and a Bogdonoff twin, was declared the winner by the community.
Disclaimer: This content is for informational purposes only and is not legal, tax, investment, financial, or other advice. You should not take, or refrain from taking, any action based on any information contained herein, or any other information that we make available at any time, including blog posts, data, articles, links to third-party content, discord content, news feeds, tutorials, tweets, and videos. Before you make any financial, legal, technical, or other decisions, you should seek independent professional advice from a licensed and qualified individual in the area for which such advice would be appropriate. This information is not intended to be comprehensive or address all aspects of Index or its products. There is additional documentation on Index’s website about the functioning of Index Coop, and its ecosystem and community.
You shall not purchase or otherwise acquire our restricted token products if you are: a citizen, resident (tax or otherwise), and/or green card holder, incorporated in, owned or controlled by a person or entity in, located in, or have a registered office or principal place of business in the U.S. (defined as a U.S. person), or if you are a person in any jurisdiction in which such offer, sale, and/or purchase of any of our token products is unlawful, prohibited, or unauthorized (together with U.S. persons, a “Restricted Person”). The term “Restricted Person” includes, but is not limited to, any natural person residing in, or any firm, company, partnership, trust, corporation, entity, government, state or agency of a state, or any other incorporated or unincorporated body or association, association or partnership (whether or not having separate legal personality) that is established and/or lawfully existing under the laws of, a jurisdiction in which such offer, sale, and/or purchase of any of our token products is unlawful, prohibited, or unauthorized).
