Ecosystem
Galactic Mining Club
Galactic Mining Club (GMC) is a 4000 piece NFT collection that launched on Terra in February 2024. GMC earns revenue through operating several ASIC mining rigs and managing various Decentralized Finance (DeFi) investments across the Cosmos ecosystem. Billed as #NFTFi, every GMC NFT is backed by Bitcoin that an owner can claim by burning their NFT. They have expanded to include a clothing line and other merchandise, which also benefits staking revenue, with ongoing plans to increase offerings, add additional hardware and expand revenue streams as they grow. Holders can stake their NFTs to make decisions within the DAO, including influencing investments and mining, revenue distribution, & other aspects of the Club.
No items found.
Added on
March 26, 2024
Updated on
March 26, 2024
Disclaimer
Do your own research and use your best judgement with projects listed on this site. Being listed on the ecosystem page is not an endorsement from Terraform Labs or any related entity.