> For the complete documentation index, see [llms.txt](https://sg0-1.gitbook.io/untitled/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://sg0-1.gitbook.io/untitled/wofe-nft.md).

# Wofe NFT

### **Annual Revenue:**

$100 million, divided into:

* **Casino Revenue:** 65% ($65 million)&#x20;
* **Sports Betting Revenue:** 15% ($15 million)&#x20;
* **Trading Futures Revenue:** 20% ($20 million)&#x20;

### Buyback Mechanism:

* **Casino Revenue:** 10% ($6.5 million) used for buyback.&#x20;
* **Sports Betting Revenue:** 20% ($3 million) used for buyback.&#x20;
* **Trading Futures Revenue:** 30% ($6 million) used for buyback.

### Distribution of Bought-Back Tokens:

70% of bought-back tokens are burned.&#x20;

30% of bought-back tokens are distributed to the staking treasury for stakeholders' revenue share benefits.

## Genesis NFT Collection

{% hint style="info" %}
Helio Pre-sale: <https://app.hel.io/x/wofe-nft>
{% endhint %}

On March 12th 2024 we launched Wofe NFT Genèse collection pre-sale on [Helio](https://app.hel.io/), over 90% of the NFT was sold out in the first 5 minutes of the start of the sale.&#x20;

**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.&#x20;

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.&#x20;

**WOFE BOOSTERS:** Total supply of 30,000 boosters.

### Booster Types:

* **FULL BOOSTER:** 1% of boosters, with the power of 5 usual boosters.&#x20;
* **MEDIAN BOOSTER:** 3% of boosters, with the power of 3 usual boosters.&#x20;
* **LIGHT BOOSTER:** 5% of boosters, with the power of 2 usual boosters.&#x20;
* **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.&#x20;

{% hint style="info" %}
**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.
{% endhint %}

### 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.&#x20;

**Usual Booster:** Means 2x, which is 1x from WOFE NFT itself and 1x from USUAL BOOSTER.&#x20;

**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.&#x20;

**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.&#x20;

**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.&#x20;

**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.&#x20;

**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.
