Scott ‘Kap’ Kapun founded Arsenal NFT to develop the cryptocurrency industry’s first and only ecosystem that is paid out in USDC.e to all ANFT token holders. His company not only creates and distributes free NFTs, but also distributes 100% of the profits from community built Defi applications back to its token holders.
His growing Arsenal NFT DeFi community votes and decides on NFT and Defi application creation. 100% of all profits from community built applications are sent to their exclusive SPOILS OF WAR Smart Contract. All stablecoins held in this contract are distributed to each and every holder of an ANFT every 30 days based on their average holdings of ANFT during that period. Investors are encouraged to ‘hold and earn’ with confidence as their profits are secured by receiving all payouts in USDC.e. No staking or fancy APY’s are necessary to earn when investors are a part of this ecosystem.
“The more ANFT you hold the more you earn. Not only is ANFT a governance token but it also acts as an IOU that correlates directly with the amount of profits that a holder is owed,” said Kapun. “The Arsenal NFT ecosystem utilizes a bonding system, which most decentralized reserve currency platforms also use, and shareholders are offered ANFT tokens at a premium, via the dAPP in exchange for USDC.e.”
The Quest for Crypto’s First Ecosystem That Pays in Stablecoins.
For Kapun and Arsenal NFT, it is all about the community. As the community grows, so does the ecosystem. The main goal is to see everyone who holds ANFT to see their profits climb.
The team at Arsenal NFT prides itself on communication among its community members. Kapun listens closely to the innovative ideas exchanged within its exclusive Discord channel, taking all feedback and discussions seriously. All NFTs that are created are chosen by the community, making it a refreshing experience in not having to be relegated to accepting what is offered and trending. “NFT’s created will now be born from community sentiment!”
Kapun’s goal in founding Arsenal NFT was born from his current disdain of portions of the DeFi space and the constant rug pulls and scams that have vexed the industry.
His mission was to create an ecosystem that pays entirely in stablecoins and not the platform’s native token, opposite of most defi applications.
His first step was to create the Smart Contracts necessary to achieve his goal, enter THE SPOILS OF WAR. The second was to establish a project built on trust for the community. For Kapun, the utmost importance for this project is that it is built on value, integrity and reciprocation. The third step was to ensure revenue was distributed in USDC.e so that all token holders are immune to fluctuations of its native token, ANFT, and receive their fair payout regardless of ANFT price.
ArsenalNFT also utilizes a smart contract dubbed the WARCHEST. This vessel houses community funds appropriated via its bonding app. Via the WARCHEST, community driven NFT’s and DeFi applications will be created after being put to a vote. In addition, WARCHEST funds will also be used to expand ArsenalNFT’s presence to other block chains. All voting takes place exclusively on their snapshot.org page.
About Scott ‘Kap’ Kapun
Scott ‘Kap’ Kapun is the creator, owner and project lead at Arsenal NFT. He has over eight years experience in network engineering and over a decade in cryptocurrencies. His goal is to change the way Crypto/Defi projects interact with their communities while providing the tools and groundwork for all who participate to earn passive income from the Arsenal NFT Ecosystem. For more information on how to qualify for free NFT’s, please visit https://arsenalnft.org/
