Alpha Island Club

When we launched the Alpha Island Club, the idea was to pool personal funds from a few of the more invested members, or "whales," in the community, to form an investing group. We would vote on investments in NFTs or crypto, and the goal was for the money to flow automatically into each member's wallet each month, creating a passive income stream for everyone involved.

However, things took an unexpected turn. When we launched the collection, a bot managed to purchase 4 of the NFTs right off the bat. The bot buyer didn’t know what they were buying, which wasn’t part of the plan. After realizing this, Amulay and I decided to split the funds from those sales between the two of us, as the situation wasn’t something we anticipated but needed to address.

Additionally, Amulay and I had set up a multi-sig wallet for the project. This meant that both of us had to sign off on any transactions, ensuring accountability and security for the funds involved.

While the Alpha Island Club started as a good idea with the best intentions, this unexpected bot purchase and the need to adapt to the situation added further complexity to the project. Unfortunately, it became another financial strain that we hadn’t planned for, and it showed how quickly things can shift when things don’t go according to plan.