The Mutual Fun ๐ช
@themutualfun
Robinhood's first fully permissionless, on-chain mutual funds. Created by @Kingpickle. Take a seat.
6 Following 8.8K Followers
Well well wellโฆ
We wish we had 270 million more TMF Passes for every single American, who will now be allowed to get more heavily involved in tokenized stocks ๐ช
But we donโt. So they will have to try and buy YOUR seat instead. This is going to be fun.
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Tokenization is coming to America.
Thanks to the SECโs leadership, Americans can start to reap the benefits of tokenization: instant settlement, 24/7 trading, fractionalization by default and more. Itโs a good day for US innovation.
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Each day, we will open new parts of the website to help everyone ease into the ecosystem.
Today, all you have to do is bookmark the official link ๐
TMF is proud to welcome @what3verman as Head of Operations ๐
As exciting plans start to take shape, it's clear the team needs to grow. Whateverman is a Web3 veteran with a broad skill set, from marketing to large-scale coordination.
Now, destroy his DMs with congratulations.
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On-chain RWA governance infra is about to become 100x more valuable ๐ช๐
In-kind redemption and voting are coming for Robinhood Stock Tokens
One of our favorite features is that the background trait of your NFT (Seat) determines which fund itโs eligible to be enrolled in ๐ช
This creates a fun mechanic where people intentionally swap between NFTs based on each fund's performance & composition.
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100% of the mint proceeds go directly to the 5 Funds ๐ช
We think the price below makes a nice statement. We know we have built something valuable. But we aren't here to extract. Will you take a seat?
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There will be 5 Funds and each one has a name.
We've locked in four of the five, but want your help with the last one (teamwork matters) ๐ช
Drop an idea for a good 5-letter "Fund Name" below. The best one gets a TMF Pass and their suggestion stamped in the history books.
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Only 2000 TMF Passes will ever exist. Here's some info (since sharing is caring), with more to come:
๐ช Each pass allows you to mint 2 seats.
๐ช Passes are soulbound (non-tradable).
๐ช The website WILL have a UGC application for TMF Passes. Start brainstorming!
Mint Price: TBA
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Everything is better together. Ready to take a seat?
๐๐ฆ๐ฎ๐ช๐ฏ๐ฅ๐ฆ๐ณ: ๐ฏ๐ฐ๐ต๐ฉ๐ช๐ฏ๐จ ๐ช๐ด ๐ฐ๐ง๐ง๐ช๐ค๐ช๐ข๐ญ ๐ถ๐ฏ๐ต๐ช๐ญ ๐ฑ๐ฐ๐ด๐ต๐ฆ๐ฅ ๐ง๐ณ๐ฐ๐ฎ ๐ต๐ฉ๐ช๐ด ๐ข๐ค๐ค๐ฐ๐ถ๐ฏ๐ต ๐ฐ๐ณ ๐ฐ๐ฏ ๐ฐ๐ถ๐ณ ๐ฑ๐ถ๐ฃ๐ญ๐ช๐ด๐ฉ๐ฆ๐ฅ ๐ด๐ช๐ต๐ฆ. ๐๐ฉ๐ช๐ค๐ฉ ๐ช๐ด ๐ค๐ฐ๐ฎ๐ช๐ฏ๐จ ๐ฃ๐ฆ๐ง๐ฐ๐ณ๐ฆ ๐ต๐ฉ๐ฆ ๐ธ๐ฆ๐ฆ๐ฌ๐ฆ๐ฏ๐ฅ ๐ช
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