SERVICE
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    • SBP Revenue Share Model
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  • Revenue Share Model for Service Business Providers
  • 1. NFT Ownership and Revenue Share
  • 2. Smart Contract Implementation
  • 3. Governance and Participation
  • 4. Benefits for Service Business Providers
  • Example Calculation
  1. About

SBP Revenue Share Model

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Last updated 6 days ago

Revenue Share Model for Service Business Providers

To incentivize service business providers to participate in the Service Coin ecosystem, we will implement a revenue share model that rewards them with a percentage of the profits generated by the ecosystem.

1. NFT Ownership and Revenue Share

  • Exclusive NFTs: Service business providers will purchase exclusive NFTs that grant them membership in the Service Coin DAO and entitle them to a share of the revenue.

  • Revenue Allocation: A fixed percentage of the revenue generated by the Service Coin ecosystem will be allocated to NFT holders. For example, 40% of the monthly revenue pool could be distributed among NFT holders.

2. Smart Contract Implementation

  • Automated Distribution: Smart contracts will be used to automate the monthly distribution of revenue to NFT holders, ensuring transparency and efficiency.

  • Transparency: All transactions and distributions will be recorded on the blockchain, providing a clear audit trail and ensuring trust among participants.

3. Governance and Participation

  • DAO Governance: NFT holders will have voting rights in the Service Coin DAO, allowing them to influence key decisions and strategic partnerships.

  • Community Engagement: Participation in the DAO will foster a sense of community and collaboration among service business providers, potentially leading to new business opportunities and partnerships.

4. Benefits for Service Business Providers

  • Predictable Income: Service business providers will receive a predictable monthly income from the revenue share, enhancing financial stability.

  • Exclusive Benefits: Membership in the DAO offers exclusive access to future ventures and strategic decisions, providing additional value beyond financial returns.

  • Community Engagement: Participation in the DAO fosters a sense of community and collaboration among service business providers, potentially leading to new business opportunities and partnerships.

By implementing this revenue share model, Service Coin can create a strong incentive for service business providers to participate in the ecosystem while ensuring that they benefit directly from its success.

Example Calculation

  • Monthly Revenue Pool: $10,000

  • Revenue Share Percentage: 40% allocated to NFT holders

  • Number of NFT Holders: 25

Calculation:

  • Total revenue share for NFT holders = $10,000 * 0.40 = $4,000

  • Each NFT holder's share = $4,000 / 25 = $160

This example demonstrates how the revenue share model can provide a tangible financial benefit to service business providers, aligning their interests with the growth and success of the Service Coin ecosystem.

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