Clandestina Investment Thesis

Nil
Balance Capital
Published in
4 min readFeb 8, 2022

Greetings FantOHMies!

Last week, FantOHM DAO welcomed Clandestina NFTs to its treasury. Through our partnership in business development with Wise Beyond Bitcoin, Clandestina Gang offered FantOHM DAO a chance to acquire as many as 7 NFTs for DAO investment / giveaway and we embraced the offer with open arms.

In this article, we would like to present our investment thesis and share why we are excited about this ambitious move, both for ourselves and for the Clandestina Gang.

What are Clandestina NFTs?

Clandestina Gang is a risk-off asset that backs the value of artistic projects, governed by a bohemian DAO community conveniently called Clandestina Digital Society, on the Secret Network. The Clandestina NFTs are a series of 420 interpretations of the beautiful titular character, each representing a share of one staking validator node on the Secret Network. Additionally, these NFTs have over 100 unique traits from 12 different categories making them rare, original, and highly valuable within the already cult-like following of sSCRT NFT communities.

Clandestina NFTs also take maximum advantage of the Secret Network’s privacy capabilities to put secret data into an NFT that only the owner can see. Each NFT includes 1 of 20 public backgrounds and 1 of 20 secret backgrounds, exclusively for the eyes of the owner.

An Important Note on Secret Network

Secret Network is the first blockchain with privacy-preserving smart contracts. As $SCRT, the network’s native token, has remained unrecognized by the larger crypto space during the most bullish months of 2021, FantOHM DAO was eager to seek involvement when offered the opportunity. Through growth initiatives like Shockwavethe next phase of Secret Network’s explosive growth, Secret Network aspires to establish itself as the data-privacy hub for Web 3.0. Strategists at FantOHM DAO see huge potential in this vision.

The secret (pun intended) behind Secret Network is that its SCRT token is completely transparent, whereas all actions involving Secret tokens or Secret contracts are completely private.

Privacy and compliance go hand-in-hand in Secret Network.

This marriage of privacy and compliance must have also inspired Quentin Tarantino to launch his Pulp Fiction NFT project on the Secret Network.

FantOHM DAO believes the Secret Network and their audit-enabling privacy solutions will bring powerful change in the world of finance on the blockchain.

On top of all the positive impact Secret Network is making in the crypto ecosystem, On January 19, 2022, Secret Network also announced $400M in ecosystem funding — including a new $225M ecosystem fund and a $175M accelerator pool — alongside new investment from DeFiance Capital, Alameda Research, CoinFund, HashKey, and more. This reaffirms FantOHM DAO’s position concerning investments in Clandestina NFTs.

FantOHM Is Auctioning More Clandestinas

Last week in our puzzle hunt contest, FantOHM DAO gave away 1 of the 7 claimed NFTs to its community, during which time we built the hype around the wonderful opportunity present in Clandestina’s fractional node ownership structure as well as its intrinsic worth as a community of privacy and cyber security-minded crypto natives.

FantOHM DAO will now auction away 1 more Clandestina NFT from our holdings at the end of these next weeks where we cover educational material on the Secret Network. Those who enter the auction, you will need to use our last puzzle’s cipher to get the required message which will be hidden in our latest content covering the Secret Network. So stay tuned to your communication channels to learn the password!

Clandestina Gang NFTs have a price floor of around 200 SCRT as of 8/2/2022

Our Goal with Clandestina NFT Investments

FantOHM DAO intends to hold up to 5 Clandestina NFTs as part of the FHM Treasury to enable mid to long-term business development as we spread FHUD across all the networks ;-). This will enable us to compound our returns by staking them to the Clandestina Gang’s node while maintaining governance rights and a voice on behalf of our investors as they are now part of Clandestina’s wonderful DAO community.

FantOHM team sincerely hopes that you join us, learn about their community, and participate in our upcoming auction as we develop content on Secret Network’s specific value propositions and how-tos for the benefit of DeFi as a whole. Auction proceeds will be used to further the security and upkeep of SCRT Network while furthering our investment.

Exciting times ahead!

About FantOHM DAO

FantOHM DAO is on the mission to bring sustainable investment opportunities while overcoming ever-increasing inflation and the limitations of traditional financial systems.

We have a team of renowned strategists and analysts that are constantly exploring the potential of the new projects to yield high returns with minimal risk. We strive to simplify investing, maximize returns for investors, and build everlasting trust.

If you would like to learn more about us, please visit our website. We encourage you to join us on Discord and get involved with the governance community of FantOHM DAO.

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