💲Business model & transaction flow
Last updated
Last updated
Media receives revenue from the sale of advertising space and also receives royalties from the resale of the NFT on the secondary market.
Business facilitators (Referrer) connect Media and Sponsors.
The treasury of the decentralized sponsoring protocol collects 4% of each sale on the main marketplace, as well as 4% of the royalties earned from the resale of the NFT on secondary markets.
At the beginning of each month, the treasury redistributes the majority of these revenues to $SIB token holders participating in the Staking Program (locking mechanism to get governance voting power).
The rest of the revenue is used for the operation and expenses of the DAO.