Platform Rewards
Fables NFT marketplace aims to create a unique, creator-centric environment that caters to artists of all styles, including PFP collections, gaming NFTs, music NFTs, and CNFTs. To incentivize holders of the official PFP collection, the Fable Bears, Our plans to introduce a unique reward system.
Key Features:
DAO Fee Structure:
A 2.5% fee will be collected on all NFT trades on the marketplace
Distribution of Fees:
1.5% will go directly to the DAO
0.5% Will go to Fable Bear holders
0.5% will be allocated to the Team Treasury to support ongoing development
Treasury Management:
The fees collected will funnel into a multisig treasury
Rewards will be distributed to Fable Bears holders on a rolling 30-day basis
Dynamic Fee Adjustment:
The initial figures are set at launch
Once the DAO and treasury management are fully operational, the DAO will have the authority to adjust the team's take based on marketplace volume
The goal is to maintain a balance, ensuring that only the necessary funds for development and runway are collected, especially if the volume reaches high figures seen on platforms like TreasureDAO
Benefits for Holders:
Regular Rewards: Holders of the Fable Bears PFP collection will receive rewards regularly, incentivizing them to hold onto their NFTs
DAO Governance: Holders will have a say in the management of the marketplace, including fee adjustments, ensuring the platform evolves with the community's needs
Vision:
Fables aims to create the most unique product on the market by continuously building and improving the platform based on community feedback and marketplace performance. The unique reward system and dynamic fee adjustment mechanism are designed to align the interests of the platform, the creators, and the holders, fostering a sustainable and thriving ecosystem.
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