Upstream welcomes a new NFT collection to the exchange
By Fernanda De La Torre
This week we announced that we’re powering Paradise NFT Club’s $65 million-dollar NFT collection, which is now available for purchase on Upstream.
The Time-share Membership NFTs, created by BPN Capital Group, grant owners access to 150 luxury Villas in the Dominican Republic, exclusive golf club tournaments, and other private events in and outside the property.
The Paradise NFT Club collection has a total of 7,800 membership NFTs across four tiers which will be minted on Upstream’s Ethereum layer-2 blockchain. The four tiers include:
- Paradise NFT Club — Gold member | PCLUB-GOLD: Price=$3,800; Mint amount=2,250
- Paradise NFT Club — Emerald member | PCLUB-EMER: Price=$7,500; Mint amount=1,950
- Paradise NFT Club — Platinum member | PCLUB-PLAT: Price=$12,000; Mint amount=3,500
- Paradise NFT Club — Diamond member | PCLUB-DIAM: Price=$25,000; Mint amount=100
About Paradise NFT Club
The Paradise NFT Club is located inside a modern eco-friendly city that will be called Ciudad Terrena in Samana, Dominican Republic. The city covers 2,500,000 square meters and features a beautiful beach with white sand, two springs, and a river. The Paradise NFT Club will feature some of the most exclusive luxury vacation villas in the world, complete with 5-star amenities in a prime location.
“Paradise NFT Club was created by a group of people that love traveling with style, having fun, and spending time with their families,” says BPN Capital Group CEO Edward Rodriguez. “Among this group you have NFL Hall of Famer Cris Carter, NBA All-Star Theo Ratliff, Marketing Guru Jossua Parini and TikTok sensation Karen BaraGuz, to name a few. We are thrilled to streamline time-share membership and unlock new digital possibilities for our members with NFTs.”
Aside from the NFT, each Paradise NFT club membership will include a physical card which will unlock unique benefits like being the first to learn about new properties, events, and projects. Once members use all their weeks, they’ll be given the choice of renewing their membership for a charge or receiving a 15% discount on any future visits to the Paradise NFT Club.
The new wave of innovative NFTs
The NFT market continues to grow and evolve, and new ways to use digital assets are constantly emerging. The concept of modernizing the traditional Time-Share model using NFTs, as Paradise NFT club has done, is truly novel.
“Membership NFTs are just one of the many ways we’re innovating to integrate Web 3.0 strategies into Web 2.0 products,” says Upstream Co-Founder Mark Elenowitz. “Proof of ownership on an open ledger along with a blockchain trading ecosystem enables members to unlock new opportunities and trade their memberships safely and securely.”
In addition to Membership NFTs, Upstream has been working on other innovative types of NFTs that bring utility and engagement to the market. Unique Upstream NFT integrations include free NFT airdrops; NFT Social Mint, a unique share-to-receive NFT experience where fans Tweet about a project and instantly receive a free NFT in their Upstream portfolio as a reward for their promotion, geo-fencing NFTs, and ticket NFTs that bring a commemorative aspect to an event.
Upstream has created a seamless, user-friendly experience that makes it easy for users to participate in the NFT market. Some of Upstream’s key differentiators include:
- Upstream is the first regulated securities exchange to offer both NFT and securities trading. We believe we’re at the forefront of investor protections which creates brand longevity in the emerging NFT market.
- Upstream doesn’t charge users gas fees which enables creators to offer millions of NFTs to fans who can purchase using PayPal, Credit, Debit, US dollars, or USDC stablecoin without having to worry about rising gas fees.
- We’re 100% carbon neutral with our own solar “field” for ETH mining used for our Ethereum layer-2 rollups.
- Upstream keeps all blockchain mechanisms under the hood with a familiar user journey.
Concluding thoughts
We’re proud to be powering the innovative Paradise NFT Club collection and to be adding BPN Capital Group to our growing partner and client lists which includes BRON Studios, The Pathway show with the NBA G League, YoMobile, and Volume.com. Make sure to follow us to stay tuned with all the new NFT opportunities coming!
Interested issuers can reach the team at hello@upstream.exchange.
About Upstream
Upstream, a MERJ Exchange Market, is a fully regulated global stock exchange for digital securities. Powered by Horizon’s proprietary matching engine technology, the exchange enables investors to trade shares in IPOs, NFTs, U.S., and international dual-listed equities, and celebrity ventures directly from the app https://upstream.exchange/. Interested issuers can reach the team at hello@upstream.exchange.
About Horizon
Horizon is a fintech company that builds and powers global securities exchanges with an integrated suite of software for compliant issuance, management, and secondary trading of securities. Their in-house solutions combine Wall Street and Silicon Valley to power the next generation of securities offerings and trading in the U.S. and globally. Learn more at https://www.horizonfintex.com/.
Disclaimers
Upstream is a MERJ Exchange market. MERJ Exchange is a licensed Securities Exchange, an affiliate of the World Federation of Exchanges, and a full member of ANNA. MERJ supports global issuers of traditional and digital securities through the entire asset life cycle from issuance to trading, clearing, settlement, and registry. It operates a fair and transparent marketplace in line with international best practices and principles of operations of financial markets. Upstream does not endorse or recommend any public or private securities bought or sold on its app. Upstream does not offer investment advice or recommendations of any kind. All brokerage services offered by Upstream are intended for self-directed clients who make their own investment decisions without aid or assistance from Upstream. All customers are subject to the rules and regulations of their jurisdiction. By accessing the site or app, you agreed to be bound by its terms of use and privacy policy. Company and security listings on Upstream are only suitable for investors who are familiar with and willing to accept the high risk associated with speculative investments, often in early and development stage companies. There can be no assurance the valuation of any particular company’s securities is accurate or in agreement with the market or industry comparative valuations. Investors must be able to afford market volatility and afford the loss of their investment. Companies listed on Upstream are subject to significant ongoing corporate obligations including, but not limited to disclosure, filings, and notification requirements, as well as compliance with applicable quantitative and qualitative listing standards.