Profit Share
Our Profit Share program is designed to reward early adopters and ongoing supporters by distributing a share of NFT collection sales and royalties to existing BUDZY NFT holders. This creates a self-perpetuating system that benefits both long-term holders and new buyers, ensuring sustained engagement within our ecosystem.
How It Works
NFT Collection Sales: 15% of each NFT collection sale is allocated to the Profit Share pool. This means that every time a collection is released and sold out, a portion of the funds goes directly to reward existing BUDZY NFT holders.
NFT Royalties: An additional 15% of the NFT royalties is also allocated to Profit Share. This reinforces the cycle of rewards, benefiting holders as the market continues to grow.
Distribution Schedule
Monthly Royalties Distribution: The profit share from NFT royalties is distributed on the 1st of each month.
Post-Collection Release: After an NFT collection is sold out and the funds have been allocated to the appropriate wallets, the profit share for that collection is distributed accordingly.
Why It Matters
Early Adoption Rewards: Early BUDZY NFT holders receive great rewards from both initial sales and ongoing royalties, incentivising long-term commitment.
Encourages Continued Engagement: By rewarding existing holders, the program promotes a vibrant, active community and motivates new members to join in.
Self-Perpetuating Ecosystem: With each NFT minted and traded on the secondary market, additional royalties are generated. This growing profit share pool ensures ongoing rewards and fosters a vibrant, self-sustaining ecosystem.
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