GCBC is giving rare NFT holders a seat at the owner’s table

Toronto — Great Canadian Beaver Club (GCBC), an original and private club with a collection of over 10,420 nonfungible tokens (NFT), has announced its decision to offer holders of these rare NFT memberships a seat at the owner’s table. Tagged the first community-structured NFT platform, GCBC is allowing these holders to sit and speak for the community.

The first Canadian club with no borders, GCBC has a clear roadmap that includes the launch of its decentralized finance app — a free-to-use platform for all GCBC holders. Additionally, this private club seeks to incentivize tokenholders by offering an opportunity to stake GCBC NFT memberships to earn PELT tokens. Members must stake 30 days in a contract-integrated burn period. PELT tokens that would otherwise be rewarded if staked will be sent to a burn address if not staked, creating a deflationary PELT supply.

PELT tokens will also have in-app usage, allowing owners to execute transactions and undertake tasks on the network.

GCBC has a firm resolve to foster proper compensation of tokenholders and community members, and a community bank has been initiated as part of this plan. To fund this bank, GCBC has partnered with one of the leading Bitcoin (BTC) ATM providers. Under the agreement, 100% of the generated revenue will be sent to the bank in addition to 50% of aftermarket sales from day one, as well as 20% of PELT’s total supply.

GCBC also offers the Most Valuable Beaver facet. This feature is aimed at rewarding “beavers” for their extensive work toward the club’s growth and will aid in the promotion of a role-based colony where constant support is appreciated and rewarded.

GCBC lodges — Giving NFT holders a seat at the owner’s table

GCBC has instituted an array of lodges to give holders private access and input in the overall decision-making process. The first of these lodges is the Political Lodge, which will allow NFT holders exclusive access to govern the colony based on a set of evolving guidelines.

The Beavers Den, on the other hand, will give GCBC NFT owners access to make input on blockchain investments to diversify their portfolios. The Celebrity, Technology and Party Lodges will allow holders of these rare NFTs access to give input on advertising campaigns, colony technological developments and the planning of exclusive annual parties, respectively.

About GCBC

GCBC is an exclusive club with a collection of 10,420 rare and unique NFTs that exist on an ERC-721 contract on the premiere decentralized application network Ethereum. Comprising 250-plus hand-drawn traits from talented artist Dino Tomic, each of these NFTs is one of a kind. GCBC aims to give membership holders access to a plethora of lodges and incentives and offers these owners seats at the decision-making table.