Hi all $WSPP holders,
As CEO of the $WSPP Project, I am very happy to announce that we have an official business in the real sector, namely oil palm plantations. that it is true that yesterday on October 3, I had paid off the purchase of a 7 hectare land in Duri, Riau, Indonesia.
The purchase of the land included the cost of oil palm seeds, fertilization during this 3 year growth made $WSPP already have a business in the real sector. Oil palm is a very promising business even though it looks very long in growth but when it produces 1 palm tree it can bear fruit +- 15–22 years.
This will also be a challenge for the $WSPP team to collaborate with the #NFT world, the most important thing is that the holders must survive during the fertilization period until harvest and it’s not a short time.
How did the $WSPP team handle this?
As CEO of $WSPP we will try our best in an unstable market to take advantage of ERC721/15 as a major role in inviting $WSPP holders to invest in the long term. We promise 1 ha / -+ 136 #NFT will be able to be purchased using $WSPP tokens, but we are not sure which network we will start with.
What are the benefits they get if they have #NFT?
- In the first 3 years they will get nothing but just wait until the harvest time arrives.
- 1 NFT ownership will represent a land area of 9 x 9 m2 which may later be converted into a title certificate in their own name.
- Get profit sharing according to NFT ownership at least once a month / max once every 3 months after harvesting for +- 15 years.
How will this collaboration work?
- Everyone needs to know that the land has been purchased and is ready for nurseries.
- CEO $WSPP will not issue a new token, because we will add the utility of the WSPP token.
- We plan that if all NFTs are successfully sold, we will transparently use the funds to expand the palm oil sector again in the Duri area, Riau, Indonesia up to a maximum target of +- 100 hectares.
- Financial reports will be submitted to all NFT owners so that they can find out the dividend results that will be distributed to them.
- the advantage for the team apart from paying salaries will be to buy back slowly on the Binance Network so that supply is in 5 network chains
For the price of each NFT we can’t confirm but it will be soon and we make sure this is the cheapest NFT which coincides with getting a real plot of land.
Thank you for your attention.
$WSPP to the moon
Alfian Bambang Yuliato