💸AUCTION PROCEEDS

OVERVIEW

The auction proceeds distribution structure we are developing is based initially on a progressive increase in Dead Kings NFTs being minted leading up to all 100 Dead Kings being placed into circulation. The payout system we will establish is meant to provide early minters with a relatively larger share in our Dead King auction success than those who mint later. The DKS team also recognizes that while it is important to reward early investors for their support, we firmly believe discouraging new investors would be disastrous. As such, the DKS team devised a payout system we believe will provide early investors with a healthy reward share for being early but scaled to a degree that will provide all minters with some value.

The following chart is illustrative of what we are aiming to implement and is purely to visualize how we currently view this payout structure for auction proceeds and is still subject to change: