Slots are tokenized shares in a particular product/service crowdfund, representing the holder's entitlement when the product is distributed, making them valuable.
Slots consist of three payments: Floor Price, Delivery Dividend, and Agency Fee. The details of each are as follows:
A Diagram showing the Components of A Fayhr Slot.
Floor Price: The minimum price for shares in the crowdfund, with user entry in multiples of this price.
Delivery Dividend: The distributed transportation cost per minimum share, collectively sharing logistics costs proportionally to members' stakes in the crowdfund.
Agency Fee: A small fee collected by Fayhr for management, research, procurement, and partnerships. The intended charge is between $0.3 - $1 per slot, shared as follows:
- Fayhr Labs: 30%
- Contractors: 50%
- Fayhrers: 20%
Slots are tokenized as ERC1155 NFTs on Lisk and cNFTs on Solana, allowing for cost-effective distribution while creating token accounts.
