# Fortune Teller Collection

### **What is the Fortune Teller Collection?**

Fortune Tellers were released on April 1st, 2021. They are a collection of 2,211 NFTs on the Ethereum blockchain. The NFTs can be used as collateral for DeFi loans on Teller.

### **Is there additional utility for Fortune Teller NFTs in Teller V2?**

Yes. In Teller V1, Fortune Teller NFTs could be used for a loan *within* the protocol. Only a limited number of use cases were supported. With Teller V2, any Fortune Teller can be used as collateral for a loan on Teller that goes to your wallet (ie vs limited to use within the protocol).

Note, Fortune Teller NFTs can still be used in *both* Teller V1 and Teller V2.

For Teller V2, the loan amounts for each Tier, where funds go to your wallet, are as follows:

*Tier 1: 0.1 ETH*

*Tier 2: 0.5 ETH*

*Tier 3: 1 ETH*

### **How do I use my FTNFT?**

Holders can use their NFTs in two ways.

#### *Instant Loan:*

1. Holders can leverage their Fortune Teller as collateral for a guaranteed loan.
2. Borrowed money is available from the Fortune Teller Lending Pool
3. The available loan amount is determined by the NFT Tier.

#### *OTC Loan:*

1. Holders can leverage their Fortune Teller as collateral for a loan on Teller (or any NFT lending protocol).
2. Loan availability & loan terms can vary based on market conditions.
3. OTC Loans are not guaranteed.

### **What rights do holders have?**

Fortune Teller holders have full commercial rights to their NFTs and can use the NFTs in any way.

### **Where can I get one?**

Fortune Tellers can be purchased via secondary markets on [Ape Now](https://apenowpaylater.com/) or [Open Sea](https://opensea.io/collection/fortune-teller-collection).


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