Fayhr Slots
Slots represent distributed consumer product ownership
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:
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.
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