Q1: What is Foxquity?
A: Foxquity is a collection of 3,000 PFP NFTs that act as shares in an investment pool. The team trades using the collected capital and distributes net monthly profits to holders.
Q2: What makes Foxquity unique?
A: Over 1,090 design layers across 15 themes, monthly profit-sharing mechanism, and 50% of secondary royalties added to the trading pool to benefit holders from secondary growth.
Q3: On which network is Foxquity launched?
A: Foxquity runs on Base (Ethereum Layer 2) for lower minting fees, reduced gas costs, and faster transactions.
Q4: Can the collection be traded on major marketplaces?
A: Yes, after minting, NFTs can be listed on secondary marketplaces such as OpenSea, Rarible, and others for secure global trading.
Q5: How are mint costs and fees determined?
A: Costs depend on network conditions. Base network ensures significantly lower gas fees than Ethereum Layer 1. Marketplace fees (e.g., OpenSea) and taxes are buyer/seller responsibilities.
Q6: How can I mint an NFT?
A: Visit the official mint page, connect a Web3 wallet (e.g., MetaMask), follow the steps, and confirm the transaction. NFT will then appear in your wallet.
Q7: Are refunds possible?
A: Primary purchases are final; economic exit is through secondary market sales like OpenSea.
Q8: How do I sell on the secondary market?
A: Connect your wallet, select NFT, click "List / Sell", set price or auction, and confirm. Proceeds (minus fees and royalties) are sent to your wallet.
Q9: Does selling affect monthly profit distribution?
A: Profits are paid to the wallet holding the NFT at snapshot. Selling before snapshot excludes you from that month's distribution; selling after snapshot still grants that month's share.
Q10: How are monthly profits calculated and distributed?
A: Monthly trading income minus expenses is calculated. 50% of distributable profit goes to holders proportional to NFT count, 50% to the trading team. Payments sent to wallets recorded at snapshot.
Q11: When are snapshots taken?
A: At the start of each month, exact dates announced on website and official channels.
Q12: Is there a personal dashboard?
A: Yes, Phase 1 app/dashboard allows holders to view PnL, payment history, and share status.
Q13: How are royalties allocated?
A: 50% of secondary royalties go to trading pool, rest distributed per project rules.
Q14: What incentives exist for holders?
A: Whitelists for future phases, random rewards, special collectibles (LUCK glasses, cups), monthly contests, ambassador/referral programs.
Q15: Are wallet addresses public?
A: Read-only trading wallets and PnL reports displayed on website.
Q16: Is the team treasury multisig?
A: Yes, multisig mechanisms ensure secure fund handling. Details published on site.
Q17: How can transactions be tracked?
A: Deposits and trading activities are blockchain-visible and displayed in dashboard.
Q18: Which wallets are supported?
A: Common Web3 wallets like MetaMask; full list on mint page.
Q19: Is bridging required?
A: If assets are on other networks, a bridge may be needed. Guides provided in documentation.
Q20: What if I lose my private key?
A: Access and profit require control of wallet holding NFT. Foxquity does not recover lost keys.
Q21: How is the $1,000 prize awarded?
A: The prize is awarded to the holder with the most crowns. If crowns are equal, the secondary criterion is the total number of NFTs purchased. This prize is given to only one person after project sellout, provided the sellout occurs within one year.
Q22: What other prizes exist?
A: Special NFTs (LUCK glasses), cups (small cash), monthly raffles, fan-art competitions.
Q23: Are secondary buyers eligible for $1,000 prize?
A: If the project sells out very quickly, the answer is no. However, if the project has not sold out yet, buyers on the secondary market can purchase crowns to increase their total crowns before sellout. After sellout, the holder with the most crowns will win the $1,000 prize, which is awarded to only one person and one time.
Q24: Is this a Ponzi scheme?
A: No. All profits distributed to holders come directly from professional trading activities on cryptocurrencies. The project operates transparently with verified trading pools and regular PnL reporting to ensure accountability and trust.
Q25: Are LUCK and cup NFT prizes available for secondary buyers?
A: No, only primary market buyers are eligible.
Q26: Does Foxquity provide tax advice?
A: No, buyers/sellers are responsible for taxes. Consult local advisors if needed.
Q27: What trading methods are used?
A: The team conducts professional cryptocurrency trading using tested strategies. All activities aim to generate sustainable profits for NFT holders.
Q28: Are additional tools or external information used?
A: Yes, the trading team may use market analysis tools, charts, and verified external sources to make informed decisions. Transparency is maintained via dashboards and PnL reporting.
Q29: Can I join the trading team?
A: Participation in the trading team is by invitation only. If additional members are needed, the project will announce the opportunity officially.
Q30: Is KYC required?
A: Normally not required unless project announces specific regulations.
Q31: How to contact support?
A: Use official channels (email, contact form, social media links on website).
Q32: What happens to the trading pool after 3 years?
A: After 3 years, the trading pool will be transferred to the project creator and a new 3-year project will begin. Depending on community support at that time, part of the pool may also be allocated to the new project to increase benefits for its early backers. All current investors will automatically be whitelisted for participation in the new project.