Pooly NFT Analysis
The Pooly Collection raised a total of $2.5 million, surpassing its funding goal of $1.9 million.
Introduction
Pooly Together is a savings protocol designed to help people save money, built on the premise of Prize Savings:
A savings account that offers chances to win large prizes. The prizes are derived from the interest that accrues on deposits and therefore is “no loss”.
The Pooly NFT collection is a set of NFTs owned by people supporting Pool Together in defending itself against legal battles.
Purchasing the Pooly NFT is a way to support PoolTogether Inc. in its legal class action lawsuit.
Onchain Findings
Our analysis of the NFT mint event on the Pooly NFT collection revealed the following key insights:
Pool Together successfully raised approximately 1028 ETH through the sale of its NFT collections.
The Pooly Collection raised a total of $2.5 million, surpassing its funding goal of $1.9 million.
A total of 6327 unique supporters actively participated in the NFT minting event.
The NFT collection achieved a 64% sell-through rate, with 6706 Supporters, 297 Lawyers, and 1 Judge NFTs being purchased.
Notably, the highest amount paid for a single NFT in the Judge collection was 75 ETH.
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Conclusion
The success of the Pooly NFT collection in raising over $2.5 million underscores the strong support Pool Together has garnered from a substantial community. This serves not only as a testament to the commitment of the community but also as a unique and impactful way for individuals to actively contribute to Pool Together's legal defense efforts.
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