Wofe NFT
Last updated
Last updated
$100 million, divided into:
Casino Revenue: 65% ($65 million)
Sports Betting Revenue: 15% ($15 million)
Trading Futures Revenue: 20% ($20 million)
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.
70% of bought-back tokens are burned.
30% of bought-back tokens are distributed to the staking treasury for stakeholders' revenue share benefits.
Status: Sold out Pre-sale price: $400 per NFT Supply: 222 Benefits: Holders receive all future benefits provided by WOFE.
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.
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.
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.
Each WOFE NFT can stake up to 5 boosters to enhance revenue share.
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.
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.
On March 12th 2024 we launched Wofe NFT Genèse collection pre-sale on , over 90% of the NFT was sold out in the first 5 minutes of the start of the sale.
