Andrond CEG proposal


Andrond is an innovative project that revolutionizes the NFT space by integrating DeFi
mechanisms, creating a novel concept of time-locked, collateral-infused NFTs. It addresses
inherent challenges in the NFT space, such as the absence of tangible value and the risks
associated with price volatility.

The project is built on top of Andromeda, utilizing wrapped NFTs, which are minted with an
initial cost in USDC. The minting fee is then diversified into different cryptocurrency assets
through a routing contract. This diverse crypto collateral is automatically added to a “treasury
NFT” and each newly minted NFT. This gives each NFT a tangible value beyond its artistic or
sentimental value.

Moreover, NFT Bonds implements a unique royalty system where funds from secondary sales
are split between the NFT seller and the treasury, continuously adding value to the NFT
ecosystem. The process for pro-rata distribution of the Treasury NFT’s funds is automated,
ensuring a fair system of wealth distribution.

Platform Benefits
Our platform Enables users to create “NFT Bonds” which are time-locked/wrapped NFT collections that send the mint fee through router contracts into a Treasury NFT essentially creating Mini ETFs from every new collection deployed.

Secondary Market royalties are also routed through the DEX splitter and added to the treasury acting as an inbuilt DCA for the treasury.
The Treasury NFT automatically liquidates at the Time-lock expiry and distributes all the Collateral to the individual wrapped NFTs of a collection for the owners to claim.

So it not only functions as a novel investment platform but can also be used as a launch pad where instead of an IDO or ICO, projects can instead launch an NFT collection as a bond and have their token wrapped and timelocked into the NFT alongside other assets that they chose for the ETF which enables buyers to diverify their risk when investing in a start-up.

Metis Deployment
Our project will be deployed on Andromeda using Heraswap for the routing contracts and the first bond will be an ETF of Current Andromeda tokens which will be purchasable and tradable through our ecosystem With Fiat or Crypto.

Enabling investment into the NFT Bonds with Credit card will bring further liquidiy to the Metis chain and provide an ease of entry to first time investors who gain access to a tradable ETF of promising Andromeda based tokens including $METIS.

Whitepaper - Andrond Whitepaper V1.pdf - Google Drive
Github for Bonds -
Github for Secondary Marketplace -