Music Gods Whitepaper
  • The Reason, The Vision
  • What is Music Gods?
  • Who is the Music Gods protocol for?
  • Yield Distribution
  • Minting Process
  • Phase 1 Attributes and Total Supply
  • Phase 2 Attributes and Total Supply
  • Amplifier NFTs
  • Minting Details and Cost
  • Rarity of Assets
  • Giveaway Drawing Schedule
  • Protocol Mechanics
  • Revenue Streams
  • Avalanche Chain
  • Phase 3
  • In Closing
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Yield Distribution

Yield distribution of net profits (profits less fees for subscriptions, trading fees, developer fees, and applicable tax withholdings for TradFi yields, etc) will be performed in the following ratios:

  • 35% to Music Gods NFT holders (Backstage Pass excluded from this distribution)

  • 35% will be compounded into the treasury

  • 15% to the operations wallet

  • 10% to the Revenue share for holders of Backstage Pass NFTs or those who “Formed a Band”

  • 5% will be allotted for giveaway drawings (2.5% of which will be for rarity bonuses)

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Last updated 1 year ago