Idols NFT NFT Prices & Overview
Idols claims to be the first staked ETH NFT which is backed by staked ETH. The staked ETH is held within the Idol Treasury.
The NFTs own 100% of the staking rewards that are earned by the protocol and act as the holder's membership into the Idolverse. The team has introduced the $VIRTUE token which receives 100% of the commission on trades of the Idol NFT and will act as the governance rights of the Idolverse.
The process of the tokenomics goes as followed: 7.5% of the sales of Idol NFTs are paid to $VIRTUE stakers, then the staked ETH goes to the Idol Treasury to procure $VIRTUE, and then the Idol Treasury pays out the staked ETH to Idol NFT owners.