The Bored Ape Yacht Club (BAYC) is currently facing an investigation by the US Securities and Exchange Commission (SEC). This news comes as Metajetz NFT Holdings looks forward to a 5,000 percent growth.
In light of the recent events, it is important to take a step back and understand what exactly is going on.
The BAYC is a yacht club that was founded in 2017 with the intention of being an exclusive members-only club. In order to join, one had to be invited by another member and pay a $2,500 initiation fee. The club promised its members access to luxurious events and exclusive deals on yachts and other luxury items.
However, in 2019, the club began to face scrutiny after it was revealed that many of its members were actually not wealthy individuals, but rather employees of various companies who had been given free membership in order to help promote the club. In addition, it was also discovered that the club was not registered with the SEC, which is required for any organization that offers membership in exchange for money.
As a result of these revelations, the SEC began an investigation into the BAYC. The club has since been shut down and its assets have been frozen.
Meanwhile, FLYVERSE LABS, a multinational technology company founded by Kearvyn Arne, Jack Dulsky, and Christian Perez, has announced that METAJETZ is anticipated to explode by 5,000 percent. This news comes as a surprise to many, as the company has only been in operation for a few months.
Metajetz is an NFT project by Flyverse Labs, an NFT holding company that was founded in 2022. The exclusive travel club membership NFT offers multiple real-world benefits such as discounts on commercial flights, private jets, and access to lounges. People are taking advantage of the presale and signing up for a 50% discount at 0.035 eths.
The value of these NFTs is enhanced not only because they are displayed in 3D in the metaverse, but also because they are made from recycled materials. The company’s focus on environmental sustainability makes their NFTS more valuable, as does their donation of 1% of all royalties to climate change charities. With these added benefits, it is no wonder that MetaJetz sold out its entire private-sale phase in just five minutes.
The company plans to use the funds from the sale to expand its services and products. It is expected that the value of Metajetz will increase significantly in the next few years, as the demand for NFTs continues to grow.
At the moment, it is unclear what will happen to the BAYC. However, Metajetz is poised to take advantage of the situation and grow exponentially in the near future.
For more information about the MetaJetz presale
- MetaJetz PreSale Sign up : https://metajetz.io/?presale
- Socials: https://linktr.ee/metajetz
