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

1. 75% DAO Treasury

2. 25% Whale Incentive Program