Startup Web3 SnowSeed Offers the Concept of Earning Income Through NFT-Based Investments

The enthusiasm for the latest web3-based innovations continues to occur. This time it's SnowSeed, the platform through crowdfunding NFT-based launched by PT Gaudi Verse Indonesia, is present in Indonesia introducing a concept that allows users to acquire "basic income" through USDC interest payments and mining PDT coin through product investment.

This concept was able to gain the trust of the two investors who invested for $5 million (around Rp. 81 billion) at the beginning of March. These investors are Buckingham Holdings Indonesia and MCI (Medi Crypto International). This investment was achieved within a short time after SnowSeed was founded in December 2023.

In the company's official statement, the Chief Investment Officer of Buckingham Holdings said that future value will focus on web3, sharing value between individuals, so his party decided to make a strategic investment in SnowSeed, which understands this more than anyone.

“The crypto market is still in its infancy and undefined stages, and our goal is to invest in companies that can lead the market,” he added.

Quoting from the company's website, SnowSeed is the platform that launched Special NFT Offering (SNO). This platform allows users to earn "basic income" through USDC interest payments and mining PDT coins from invested products.

The founder of SnowSeed is Anang Prayudi, supported by a team with backgrounds in the web3 world from South Korea, the Philippines and Taiwan. Anang, who has a background in the medical world, previously served as a director at Siloam Hospitals, part of the Lippo Group. A number of directors at Buckingham Holdings Indonesia also joined SnowSeed.

SnowSeed's business focus

SnowSeed's main business is NFT combining models "basic income" based on NFT which has never existed before, namely guaranteeing share ownership in various industries in the fields of health, finance, real estate market, and entertainment in Indonesia, then distribute dividends to SNO holders according to their ownership.

As is known, SNO is like ICO (Initial Coin Offering), but is claimed to be more secure and stable because it connects real-world assets to NFT utility. SNO provides more profitable and secure NFTs by connecting real-world assets to NFT utilities.

SnowSeed SNO has a high level of transparency and credibility because behind it it is bound by a strategic business agreement with Sukses Artha Mandiri, a local financial institution in Indonesia. In which case, investment funds will be stored there and used to invest in real assets through that financial institution.

Currently, SnowSeed has issued healthcare-related NFTs and plans to launch an investment product in development real estate market with major Indonesian companies and state governments, as well as entertainment and arts projects through the SnowSeed investment platform. There has been significant interest and inquiries from overseas regarding the next product.

The hospital industry in Indonesia has long been a non-profit entity, allowing for a structure that can generate large profits. It is hoped that the issuance of PDT coins that can be used in hospitals in Indonesia can build a system that expands the practice of using these coins so that they continue to increase their value.

Meanwhile, SnowSeed is actively establishing business partnerships with companies in Indonesia, such as the Lippo Group, the sixth-ranked business conglomerate in Indonesia, and Siloam Hospitals, the largest medical franchise in Indonesia. The formation of this strategic partnership has generated high enthusiasm to see the impact it will have on the crypto market in the future.

Buckingham Holdings has been an official partner of the Lippo Group, since starting a gas pipeline project in Palembang Province in 2017. MCI (Medi Crypto International) is a centralized cryptocurrency exchange licensed by BAPETI, the Indonesian Commodity Futures Contract Trade Regulatory Authority.