To be part of the "Bluechip-NFT-Index", the all-time traded volume of the collection has to be under the top 10 of all collections.
The ten largest collections are stored in our token as value. The percentage share of the respective collection in the total market capitalization of the ten largest collections is represented physically 1:1 in our token. Thus, the token is allocated by the market itself and is dynamically adjusted. Single collections will be swapped, if following projects reach higher voloume and better standing.
It is dynamically adjusted thanks to the deposit and redemption mechanisms that allow investors to participate in the vault by depositing a balance-helping NFT or redeeming a counter balance NFT.
This is the future of index products, internet nerds have ever dreamed of.