project overview
project name: TreeNFT (also known as TREE or Tree of Alpha, etc.).
Release date: February 2023 (official OpenSea shows "Launched Feb 2023"
). Public chain: Ethereum (Ethereum)
total amount: 100 NFTs, the sole owner holds one each, and the total holding address is also 100
initial price: not publicly disclosed, but the current floor price is about 99 ETH (≈ $250,000).
background and issuance
TreeNFT is an official member of the Tree News platform NFT, holders get the right to subscribe to Tree News for life, At the same time,
NFT holders can also participate in community governance and have the right to
market data and performance
floor price: about 99 ETH (≈ $250,000)
24-hour trading volume: about 40 ETH (no new sales have been generated at this time)
Total market capital: about 100 tokens NFT × 99 ETH ≈ 9,900 ETH ≈ 25 million USD
holder distribution: currently 100 addresses each own one, all NFTs are fully decentralized
ecosystem and business model
TreeNFT is natively bound to the Tree News brand, with the intention of building media membership club functions and community governance functions, and has not yet been expanded into a broader cross-chain or DeFi tool
There are philosophical differences with the earlier TreeNFT team (the Tree NFT DeFi platform in 2021); The latter is the DeFi NFT-Farming stage, and the early core members include CEO Cleve Van, CTO Denton Manny, etc.,
and the current TreeNFT focuses more on high-end membership, media subscriptions, community decision-making power, and ELITE rights
intellectual property and legal structure
undisclosed IP licensing agreement: According to similar membership-type NFTs, media subscriptions and community participation are usually provided, and do not necessarily include avatar commercial rights
The core role comes from Niem's public subscription NFT, and the ownership of intellectual property rights is subject to the white paper or contract agreement, and the specific terms
disputes and challenges
sustainability issues: the extremely high threshold (floor price of nearly $250,000) leads to an extremely high threshold for the community, and the matching of long-term activity and actual value is questionable
. However, at present, there is no widely implemented voting mechanism or lack of transparency in regular membership activities
: the operation team, roadmap, route execution, and usage benefits are not fully disclosed, and the market concentration is high between user expectations and reality or exists
: 100 NFTs are distributed across 100 addresses, and there is no rich interaction with decentralized supporters in the secondary market
Summary and
SuggestionsTreeNFT is a well-positioned high-end media membership NFT project, which enjoys the subscription and governance rights of the Tree News platform through holding NFT. It exhibits extreme scarcity and high premium characteristics in terms of total issuance, price, and holder distribution.
From a business point of view:
has the potential to become a representative of the "media + NFT contract" model
, but the current application such as voting, activities, and other membership rights and interests are not clear, and there are risks of cashing out and transparency
The long-term value will depend on whether the Tree News platform can truly build an active member community and continuously increase the value of NFT holders through the mechanism
