💰Funds distribution

Minting funds

• 8% to the team

• 92% to treasury

Treasury fund

• 20% will be used as initial funds for Mint and Burn (4%), Buy Back plan and mint/buy other projects collections (16%) .

• 72% will be the starting point for the final pot.

5% Royalties distribution

Royalties will be used for the Buy Back plan.

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How are we using these funds

💲 Buy backs

We will buy back as many NFTs as we can from the market floor or via GBids. The buy back will be done as follows:

• From Royalties - when enough royalties are there to buy the floor.

• From the 16% of minting funds budget - part of this will be used to place global bids.

❓ What we will do with the buy backs?

🔨 Auctions

• 40% will be auctioned out. The auction price will start as the amount we spent to get it. The auction will be done either on Telegram or on one of the platforms online offering this option like Opensea Auction funds will be distributed as follow: - 70% of the auction funds will be added to the final pot

  - 30% will be added back to Buy back funds

💰 Raffles

• 30% will be raffled out. Raffles will happen on our own website. Each raffle will have its own ticket price, but we aim to keep the price as low as possible per ticket so more can join. Raffle funds will be distributed as follow: - 80% of the raffle funds will be added to the final pot

  - 20% will be added back to the Buy Back fund.

🔥 Burn

• 30% we will burn them right then and there. Burn will reduce the supply, so bigger part of final pot per holder.

More fun activities will be added as we go to contribute to even more burning.

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