Macabris is a DeFi protocol simplifying what life insurance companies are doing all the time.
Receive increasing monthly payouts for 50 years, as long as the underlying celebrity is alive.
Macabris is a non-fungible token (NFT) on the Ethereum blockchain. Each token is unique and represents a specific celebrity. Owner of each token receives share of the monthly payout from distribution pool as long as the underlying celebrity is alive. Since total monthly payout amount is fixed, every token receives an increasing payout as other token celebrities keep on dying. Read more about how Macabris functions here.
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Overall Stats
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Return is calculated for the owners of the contracts of the celebrities, that remain alive.
The return is the estimation if only one celebrity stays alive after 50 years.
The return is the estimation if only one celebrity stays alive after 50 years.
3000%
Max possible return % in 50 years
70.00
Estimated max possible return
“No one wants to die. Even people who want to go to heaven don’t want to die to get there. And yet, death is the destination we all share. No one has ever escaped it, and that is how it should be, because death is very likely the single best invention of life. It’s life’s change agent. It clears out the old to make way for the new.”
Steve Jobs (56)
Passed away: Oct 5, 2011