Purpose of the Treasury

• Rewarding Mino NFT rewards winners

Mino NFT is more than just an image. Holders of the Mino NFT series will be rewarded when the represented player achieves something in their respective sports. That means, your players might have just won the Ballon d'Or, the Player of the Month, Man of the Match, or even just scored a goal, and you'll be rewarded as long as you hold that particular player. At any point, 5% of the treasury will be utilized weekly for such rewards.

• Robinos Team Expenses

The Robinos team currently operates on the amount raised on the IDO back in October 2021, and possibly the additional investments of other shareholders in the near future. However, for Robinos to be a sustainable business model, there should be a sustainable way of paying everyone under the payroll. Currently, the team is spending less than US$10,000 per month. However, as Robinos grows, so will the Mino DAO Treasury, which will allow the team to develop and invest more in other departments, such as marketing.

Do bear in mind that, the team expenses will only be funded by the Mino DAO Treasury when the invested amount in IDO and other shareholders is no longer available. Team Expenses will take priority over any other rewards to be distributed.

As of the current runway situation, funds should be good till March 2024.

• Member, Honorary Members & Shareholders

Like any other healthy business, profit exists to help the company grow over time, and investors are rewarded as well.

In this case, Honorary Members will be rewarded 60% of the Treasury, and Members to be rewarded 15% of the Treasury.