🖼️Wofe NFT
Annual Revenue:
$100 million, divided into:
Casino Revenue: 65% ($65 million)
Sports Betting Revenue: 15% ($15 million)
Trading Futures Revenue: 20% ($20 million)
Buyback Mechanism:
Casino Revenue: 10% ($6.5 million) used for buyback.
Sports Betting Revenue: 20% ($3 million) used for buyback.
Trading Futures Revenue: 30% ($6 million) used for buyback.
Distribution of Bought-Back Tokens:
70% of bought-back tokens are burned.
30% of bought-back tokens are distributed to the staking treasury for stakeholders' revenue share benefits.
Genesis NFT Collection
On March 12th 2024 we launched Wofe NFT Genèse collection pre-sale on Helio, over 90% of the NFT was sold out in the first 5 minutes of the start of the sale.
Status: Sold out Pre-sale price: $400 per NFT Supply: 222 Benefits: Holders receive all future benefits provided by WOFE.
WOFE NFT Collection:
Total Supply: 10,000 NFTs. Airdropped NFTs: 1,000 NFTs will be airdropped to community members, platform users, and collaboration partners. Revenue Share and Staking Revenue Distribution: Based on the buyback mechanism, tokens are bought back and distributed as follows:
Casino: 10% of revenue ($6.5 million) used for buyback. Sports Betting: 20% of revenue ($3 million) used for buyback. Trading Futures: 30% of revenue ($6 million) used for buyback. Bought-Back Tokens: 70% burned, reducing the supply. 30% distributed to the staking treasury.
Staking Benefits:
WOFE NFT holders can stake their NFTs to receive a share of the 30% buyback tokens distributed to the staking treasury.
WOFE NFT and WOFE BOOSTERS WOFE NFT: Each NFT has a base revenue share multiplier of 1x, which can be enhanced with WOFE BOOSTERS.
Staking: Each WOFE NFT can stake up to 5 WOFE BOOSTERS to increase their revenue share.
WOFE BOOSTERS: Total supply of 30,000 boosters.
Booster Types:
FULL BOOSTER: 1% of boosters, with the power of 5 usual boosters.
MEDIAN BOOSTER: 3% of boosters, with the power of 3 usual boosters.
LIGHT BOOSTER: 5% of boosters, with the power of 2 usual boosters.
USUAL BOOSTER: 91% of boosters, with the power of 1 usual booster.
Staking Mechanism:
Each WOFE NFT can stake up to 5 boosters to enhance revenue share.
Calculation Examples
Each WOFE NFT can stake up to 5 boosters to enhance revenue share. Example: An NFT with 5 FULL BOOSTERS (5x each) would have the revenue share power of 25 usual boosters.
Usual Booster: Means 2x, which is 1x from WOFE NFT itself and 1x from USUAL BOOSTER.
Calculation Examples Scenario 1: WOFE NFT Holder Without Boosters Revenue Share Multiplier: 1x Calculation: If $1 million is available for staking treasury distribution, this holder gets (1/Total Staked Multipliers) * $1 million.
Scenario 2: WOFE NFT Holder with 1 Usual Booster Revenue Share Multiplier: 2x (1x from NFT + 1x from Usual Booster) Calculation: If $1 million is available for staking treasury distribution, this holder gets (2/Total Staked Multipliers) * $1 million.
Scenario 3: WOFE NFT Holder with 5 Full Boosters Revenue Share Multiplier: 25x (5x from each Full Booster) Calculation: If $1 million is available for staking treasury distribution, this holder gets (25/Total Staked Multipliers) * $1 million.
Detailed Breakdown
1,000 WOFE NFTs airdropped to community members, platform users, and collaboration partners. 30,000 Gear Boost NFTs airdropped for free.
Revenue Share:
Revenue from WOFE operations used for buyback and burn. 70% of bought-back tokens burned. 30% of bought-back tokens distributed to the staking treasury.
Distribution:
Revenue from the staking treasury based on NFT and boosters. WOFE NFT and Boosters Base System:
WOFE NFTs have a base multiplier of 1x affecting revenue share. Multiplier can be boosted by staking WOFE BOOSTERS. WOFE BOOSTERS:
Total Supply: 30,000 FULL BOOSTER (1%): Equivalent to 5 usual boosters. MEDIAN BOOSTER (3%): Equivalent to 3 usual boosters. LIGHT BOOSTER (5%): Equivalent to 2 usual boosters. USUAL BOOSTER (91%): Equivalent to 1 usual booster. Staking Mechanism:
Given the limited supply of boosters (30,000) and the staking limit per NFT (5 boosters), this ensures a balanced distribution, maximizing the potential revenue share benefits for NFT holders while maintaining scarcity and value in the booster system.
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