Vault Allocation and Governance
Game Token
The consumed FIRE and other game tokens consumed by other products in the future will be destroyed from players' payment accounts.
Profit Allocation
Net platform revenue: Platform revenue represents revenue from the royalties and transaction fees in our NFT marketplace and DEX. Net platform revenue is equal to the platform revenue deducts related channel costs, commissions, and NFT collaboration costs and other related operating costs. No less than 85% of net platform revenue will be allocated into the vault.
Royalty: The proportion of royalties in the transaction is determined by the project team. The platform will obtain a certain proportion of the commission as distribution revenue, and the sharing ratio will be determined by the MAX token holders in the future.
Channel cost: DEX business may incur channel costs. For example, DEX may have to pay fees to other external DEX to complete transactions, so the business may not be profitable in the early stages.
Commission: Affiliates, curators, and other external sales entities will receive commissions when they facilitate platform transactions.
NFT collaboration cost: After paying commission costs, the platform will give share of revenue to the Project Team as NFT collaboration cost. And the Project Team might have to pay a certain amount of NFT revenue to its NFT brand partners or creators, and the sharing ratio will be determined by the project party itself.
Project revenue: Project revenue is the non-platform revenue, or revenue from the tokens players consume in the game and services directly from the Team. It will be allocated to the corresponding Project Team, mainly used for paying the day-to-day operating expenses of the Project Team.
Vault Allocation
The ve-MAX holders could vote to determine whether and how to allocate the vault.
Voting Rights
MAX holders could stake MAX to get ve-MAX for voting rights.