Introducing
PhoenixRevoco NFTs
The future is here
The private equity scene is evolving each and every year through new technologies and opportunities for investment.
At PhoenixRevoco, we’re taking a step furrther, revolutionizing private equity by tokenizing shares in our portfolio of high-growth private companies as Non-Fungible Tokens (NFTs) on the Polygon blockchain.
These NFTs make our services accessible to investors worldwide, breaking down traditional barriers like high minimum investments or accredited investor requirements.
Each NFT is a unique ERC-721 token, in which we offer a transparent, secure, and liquid way to invest in private companies, with potential for value appreciation as our portfolio approaches exits like IPOs or acquisitions.
In the following section, we’ll explain how our NFTs work, provide a detailed step-by-step process for purchasing them on OpenSea, and shares our vision for the future.
About our NFTs
What Are NFTs?
Non-Fungible Tokens (NFTs) are unique digital assets stored on a blockchain, a decentralized ledger that ensures transparency, security, and immutability.
Unlike cryptocurrencies like Bitcoin or Ethereum, which are fungible (interchangeable), each NFT has distinct characteristics, making it ideal for representing unique assets.
Why Tokenize Private Equity?
Tokenization converts real-world assets into digital tokens, enabling fractional ownership, global accessibility, and enhanced liquidity.
By using NFTs, we eliminate barriers like high capital requirements or geographic restrictions, while Polygon’s blockchain ensures low-cost, efficient transactions.
This approach aligns with the broader trend of asset tokenization, transforming how investors access alternative investments.
Our NFT Structure
Our NFTs are ERC-721 tokens, meaning each is unique and non-interchangeable.
The key features include:
Asset-Backed Ownership: Each NFT represents a fractional stake in one of PhoenixRevoco’s portfolios of private company shares. These shares include equity in startups, growth-stage companies, or other private enterprises across many different sectors.
Polygon Blockchain: Built on Polygon, a layer-2 scaling solution for Ethereum, our NFTs benefit from fast transaction times and minimal gas fees. It maintains Ethereum’s security while offering cost efficiency, making it ideal for frequent trading or minting.
Total Supply and Pricing: The collection consists of 20,000 unique NFTs, each priced at 0.05 ETH during the initial minting phase. The fixed price ensures accessibility, with potential value appreciation as portfolio companies grow or exit.
No Investor Restrictions: Unlike traditional private equity, which often requires accredited investor status or high minimum investments, PhoenixRevoco’s NFTs are open to anyone worldwide with a crypto wallet and sufficient ETH.
Potential Benefits: While specific benefits depend on the underlying portfolio, NFT holders may gain access to:
Dividends: Distributions from portfolio company profits paid in ETH or stablecoins via smart contracts.
Portfolio Insights: Exclusive reports and updates on PhoenixRevoco’s investments, providing transparency into our performance.
Liquidity: The ability to trade NFTs on OpenSea or other marketplaces, offering liquidity not typically available in private equity.
Smart Contract Security: The NFTs are governed by audited smart contracts, ensuring ownership is verifiable and transactions are secure.
How to purchase our NFTs on Opensea
Purchasing NFTs is a simple process that doesn’t require anyone to be tech savvy.
So here’s a step-by-step:
Step 1: Set Up a Crypto Wallet
Choose a Wallet: Select a non-custodial wallet compatible with Polygon, such as:
MetaMask: Widely used, available as a browser extension or mobile app (metamask.io).
Coinbase Wallet: User-friendly, with mobile and desktop options (coinbase.com/wallet).
Other options include Trust Wallet or WalletConnect-compatible wallets.
Install and Secure:
Download and install the wallet.
Create a new wallet and save the 12- or 24-word recovery phrase offline (e.g., on paper, not digitally). Never share this phrase, as it grants full access to your funds.
Set a strong password for your wallet.
Add Polygon Network:
In MetaMask, go to “Settings” > “Networks” > “Add Network” and enter:
Network Name: Polygon Mainnet
RPC URL: https://polygon-rpc.com
Chain ID: 137
Currency Symbol: MATIC
Block Explorer URL: https://polygonscan.com
For Coinbase Wallet, Polygon is pre-configured or can be added similarly.
Fund Your Wallet:
Purchase ETH: Buy Ether (ETH) on a reputable exchange like Coinbase, Binance, Kraken, or Gemini. Ensure you have at least 0.05 ETH per NFT, plus extra for gas fees.
Transfer ETH to Wallet: Send ETH to your wallet’s public address (copy carefully to avoid errors).
Acquire MATIC: Obtain a small amount of MATIC (Polygon’s native token, ~$0.50-$2) for gas fees via an exchange or a bridge like bridge.polygon.technology. Alternatively, use a Polygon faucet for testnet MATIC if practicing.
Bridge ETH to Polygon:
Since the NFTs are on Polygon, bridge your ETH to Polygon’s network using the Polygon Bridge:
Visit bridge.polygon.technology.
Connect your wallet, select ETH, and bridge it to Polygon (this creates “WETH” or ETH on Polygon).
Approve the transaction and wait ~7-10 minutes for the transfer.
Alternatively, purchase ETH directly on Polygon via exchanges like QuickSwap or through OpenSea’s fiat on-ramp.
Step 2: Connect Your Wallet to OpenSea
Access OpenSea: Visit opensea.io and click “Log In” in the top right corner.
Select Polygon Network: Ensure your wallet is set to the Polygon Mainnet (check the network dropdown in MetaMask or your wallet).
Connect Wallet: Choose your wallet (e.g., MetaMask or Coinbase Wallet) and sign the transaction prompt. This verifies your identity without giving OpenSea control over your funds.
Create a Profile: Optionally, set up an OpenSea profile with a username, email, and bio for notifications about bids, offers, or transaction confirmations. Verify your email to enable alerts.
Step 3: Find PhoenixRevoco’s NFT Collection
Navigate to Our Collection: Go directly to https://opensea.io/0x3ebba8b581fa5f32cbc5ead6ba7037671f9cb797 or search for “PhoenixRevoco” on OpenSea’s search bar.
Verify Authenticity: Ensure the collection matches the smart contract address (0x3ebba8b581fa5f32cbc5ead6ba7037671f9cb797). Check the collection’s profile for PhoenixRevoco’s official links.
Explore NFTs: Browse our unique NFTs, each representing a stake in our private company shares. Metadata includes the token ID, price (0.05 ETH), and details about the underlying asset (e.g., portfolio company sector).
Step 4: Mint or Purchase an NFT
Select an NFT: Click on an available NFT in our collection. The “Buy Now” option will display the fixed price of 0.05 ETH.
Minting Process:
Click “Buy Now” to mint the NFT directly from the collection.
Review the total cost: 0.05 ETH + gas fees (typically $0.01-$0.50 on Polygon).
Confirm the transaction in your wallet by approving the payment and gas fee.
Alternative Purchase Options:
Fiat On-Ramp: OpenSea supports credit/debit card purchases via MoonPay. Select “Buy with Card,” complete identity verification (KYC), and follow the prompts to pay 0.05 ETH equivalent in fiat currency.
Secondary Market: If NFTs are sold out or you’re buying from another holder, you may see “Make Offer” or auction options. Offers require WETH (Wrapped Ether); convert ETH to WETH on OpenSea or QuickSwap if needed.
Transaction Confirmation: After confirming, the transaction processes in seconds on Polygon. The NFT will appear in your wallet and OpenSea profile under “Collected.”
Troubleshooting:
Insufficient Funds: Ensure you have enough ETH (0.05 ETH + gas) and MATIC (~$0.50) in your wallet.
Network Issues: Confirm your wallet is on Polygon Mainnet, not Ethereum Mainnet.
Failed Transactions: Retry during low network congestion or increase gas limits in your wallet settings.
Step 5: Manage and Utilize Your NFT
Verify Ownership: View your NFT in your wallet (e.g., MetaMask’s “NFTs” tab) or OpenSea profile. Check polygonscan.com for transaction details using your wallet address or token ID.
Monitor Value: As PhoenixRevoco’s portfolio companies grow or exit, your NFT’s value may appreciate. Track secondary market prices on OpenSea for insights.
Access Potential Benefits: Visit [PhoenixRevoco’s Website] or check NFT metadata for updates on benefits like dividends, portfolio reports, or investor perks. Benefits may be distributed via smart contracts or off-chain processes.
Trade or Transfer:
Sell: List your NFT on OpenSea at a fixed price or auction. Set a price above 0.05 ETH to capitalize on potential appreciation. OpenSea charges a 2.5% service fee on sales.
Transfer: Send the NFT to another wallet via OpenSea or your wallet’s “Send” function, with no restrictions.
Secure Storage: Store your NFT in your wallet or a hardware wallet (e.g., Ledger, Trezor) for added security. Never share your private keys or recovery phrase.
Note: Polygon’s gas fees are minimal but vary based on network activity. Use tools like polygonscan.com/gas-tracker to estimate costs. Always verify transaction details to avoid scams or phishing sites.
Our view on the future of NFTs
Our initiative to create our NFT collections is a bold step toward democratising private equity, and we envision a transformative future for this system.
Specifically:
Global Accessibility and Inclusion:
Our NFTs eliminate traditional barriers like accredited investor requirements, high minimum investments, or geographic restrictions. Anyone with a crypto wallet and 0.05 ETH can participate, making private equity accessible to retail investors, small businesses, or global audiences in regions with limited access to alternative investments.
We aim to expand outreach through multilingual resources, educational campaigns, and partnerships with crypto communities to onboard new investors.
Enhanced Liquidity:
Traditional private equity investments are illiquid, often locked for 5-10 years. Our NFTs can be traded on OpenSea or other Polygon-compatible marketplaces, providing investors with flexibility to exit positions or capitalize on value appreciation.
We anticipate robust secondary markets as portfolio companies approach exits, potentially increasing NFT trading volume and value.
Integration with Other Platforms:
Beyond OpenSea, we plan to explore integrations with other NFT marketplaces (e.g., Rarible, Magic Eden) and Polygon-based platforms to broaden access.
Potential integrations with decentralized exchanges (DEXs) like QuickSwap or SushiSwap could enable NFT fractionalization or trading pools, further enhancing liquidity.
Decentralized Finance (DeFi) Opportunities:
We envision integrating NFTs with DeFi protocols, allowing holders to:
Use NFTs as collateral for loans on platforms like Aave or Compound (Polygon versions).
Stake NFTs in liquidity pools to earn yield, aligning with DeFi’s growth on Polygon.
Participate in governance models where NFT holders vote on portfolio decisions via decentralized autonomous organizations (DAOs).
Smart contract upgrades could automate dividend distributions or profit-sharing in ETH or stablecoins.
Expansion to New Asset Classes:
While currently focused on private company shares, we may tokenize additional assets, such as:
Venture capital stakes in early-stage startups.
Private debt instruments or real estate holdings.
Intellectual property or revenue-sharing agreements.
This diversification would create a broader range of investment opportunities for NFT holders.
Technological Advancements:
Polygon’s ongoing upgrades (e.g., Polygon 2.0) will enhance scalability, potentially reducing gas fees further and supporting more complex smart contract features.
We may adopt advanced NFT standards (e.g., ERC-721 extensions) to include dynamic metadata, such as real-time portfolio performance or exit updates.
Interoperability with other blockchains (e.g., Ethereum, Binance Smart Chain) could enable cross-chain trading or bridging of NFTs.
Regulatory Considerations:
Tokenized securities face evolving regulations globally. We are committed to monitoring frameworks from bodies like the SEC (U.S.), FCA (UK), or ESMA (EU) to ensure compliance.
Potential regulatory requirements (e.g., KYC/AML checks) may be integrated via smart contracts or off-chain processes to maintain accessibility while adhering to laws.
As securities laws clarify, we may tailor NFT offerings to comply with accredited investor rules in certain jurisdictions, while preserving global access where permitted.
Collaboration with legal experts will ensure our NFTs align with emerging tokenization standards, such as those proposed by the Financial Action Task Force (FATF).
Community and Ecosystem Growth:
We plan to build a community of NFT holders through X, Discord, or dedicated platforms, fostering engagement with portfolio updates, AMAs with PhoenixRevoco’s team, or investor events.
Educational resources will empower new investors to understand private equity and blockchain, driving adoption.
We aim to redefine wealth creation, making high-value investments transparent, liquid, and inclusive. As our portfolio companies grow and exit, NFT holders stand to benefit from potential value appreciation, while our scalable system paves the way for a new era of global investment.
Disclaimer: Investing in NFTs and tokenized assets carries significant risks, including market volatility, regulatory uncertainties, and potential loss of principal. Blockchain transactions involve gas fees, which vary based on network conditions. Conduct thorough due diligence and consult financial and legal advisors before participating. For more information, contact our support team: contact@phoenixrevoco.com.