💻PRODUCTS AND SERVICES FEES

OVERVIEW

The product and services fee distribution structure will function similarly to the auction proceeds payout structure, except payouts will be done each Friday (once per week). Weekly payouts will progress linearly in pro rata increments based on the schedule of Dead Kings auctioned for that week. Increases in pool share payouts will be done in increments of 5% according to the completion of Dead King auctions. For example, after the 5th Dead King is auctioned, 5% of this pool will be paid out amongst 5 Dead King Holders. After the 100th Dead King auction is completed, 100% of this pool will be split amongst 100 holders. The important distinction is this will be a continuous revenue stream even after the 100 Dead Kings auctions have concluded.

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:

We remind everyone that the fees generated from Dead Kings products and services will be a more meaningful source of proceeds over the long term for all our most faithful holders. New entrants into the Dead King Society will strengthen the community, further adding value to the ecosystem. All of these factors get baked into the value of the Dead King NFT, which will be reflected in its price. Passive income is important, and we aim to deliver on that premise. The value of Dead King Society NFTs will only prosper as the community flourishes and the NFT appreciates, and we once again encourage all our prospective member to keep this perspective top of mind.