NFT Royalties
NFT royalties will be a core driver for the DAO treasury in addition to being a passive income across 2 different models as an incentive mechanism for holders and the community.
What are the Royalties
During smart contract initiation, we decided to capitalize on a 10% NFT royalty fee however, this will progressively decline over 4 months for healthy trade volume.
| From Mint Date | % | Remarks |
|---|---|---|
June | 10% | For project development |
July | 10% | DAO Treasury |
August | 7.5% | DAO Treasury |
September | 5% | Indefinite fee of 5% |
Where do the royalties go?
The royalties will be distributed into two wallets
75% DAO Treasury
25% Whale Incentive Program
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