Business model
DAO
The Ant Club's business model is based on trading NFTs and staking them in liquidity pool.
The founders will use 60% of NFT sales for the DAO to build up the initial portfolio.
The Founders will also assign all their rights for the Ants Club collection to the DAO.
Only the artist who will have designed an Ants collection will keep 5% of the secondary market income.
Example of calculation for an NFT resold at 1 Egld.
Secondary market royalty 10% = 0.10 Egld / 100 * 5 = 0.005 Egld
Airdrops and game prices will be calculated and valued according to the royalties generated by the exchanges.
Royalties:
It will be calculated on the basis of the turnover volume of the Ants NFTs on the different market places. The commission on sales is 10%.
Staking, masternod :
The DAO funds will continuously be staked or masternodded if it holds enough EGLDs.
A delay of 10 days will be required before any budget can be withdrawn. Each month, EGLDs can be released for smart contract management and DAO operation.
All EGLD quarters will be available to fund a project of the DAO members' choice or used for meetings and additional member benefits.
A portion of the returns will be redistributed in game rewards or airdrops for the holders.
Additional funding :
The OG and Pre-Sale 1 sales enable the development of the Beta game. If the two sales phases don't raise enough money, the EGLDs collected will be placed in staking to create the 1st game winnings, and the founding members will provide the funds needed to start development at the beginning of January 2023 and ensure the launch of the Beta game at the end of March 2023. At that time, the DAO will owe this sum to the founders. This sum will be deducted from the 60% due to the DAO. The founders undertake to reclaim this sum as and when NFTs is sold, without jeopardizing the project. Redistribution chart:
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