💼Sustainable and Equitable Funding Model
Investing in Community-Driven NFT Marketplace and Launchpad.
As a community-driven company, For Holders aims to provide a sustainable and equitable revenue model that benefits both the platform and its users. While our launchpad services are free for creators, we do need funds to support our employees, developers, and other staff members, as well as to invest in future platform developments and partnerships.
To achieve this, we have designed a revenue model that only issues royalties on transactions made within the Himalaya collection. The Himalaya collection is the only collection from which For Holders earns royalties. We believe that this approach aligns our interests with those of our users and provides a sustainable and equitable revenue model.
Royalties and Profit Distribution For each transaction made within the Himalaya collection, For Holders charges a 10% royalty fee and 2.5% is distributed back to the platform's NFT holders, while the remaining 7.5% is used to cover the platform's operating costs, including employee salaries, development costs, and other expenses. At the end of each month, the profits generated by the platform are distributed among the 6000 Himalaya holders, with each holder receiving a share of the profits based on the number of NFTs held. This approach ensures that the profits generated by the platform are distributed equitably among the users, creating shared ownership and participation.
Investment in Platform Development and Partnerships In addition to covering our operating costs, the royalties generated from transactions within the Himalaya collection will also be used to invest in the development of new platform features and partnerships. We believe that investing in platform development and partnerships is essential for the long-term success of For Holders and the Himalaya collection.
For Holders is committed to providing a sustainable and equitable revenue model that benefits both the platform and its users. By only issuing royalties on transactions made within the Himalaya collection, we ensure that our interests are aligned with those of our users, while also providing the funds necessary to support our employees, developers, and other staff members, as well as to invest in future platform developments and partnerships. We believe that this approach will help us to achieve our goal of creating a community-driven NFT marketplace and launchpad that benefits all stakeholders.
Last updated