Revenue Generation & Operations
Revenue Generation
Robinos will collect a fee from the proceeds of the Represented Token Sales of each prediction event. Our revenue will be depending on the participation rate of the Represented Token Sales, and also the prediction events hosted on robinos.finance.
By removing liquidity of Represented Tokens that might have been eliminated or mathematically impossible to win or challenge for the minimum league standings will also be done to increase potential revenue generation.
Operating Procedures
Proceeds of the Represented Token Sales will be sent to a Treasury powered by Gnosis Safe at the end of the token sale.
A spending limit will be created to ensure that funds can only be withdrawn at the end of the tournament/league season.
Fund Guardians will be deployed to ensure that no illegal fund transfers can be made before the end of the tournament/league season.
A detailed allocation of prize funds will be presented to all fund guardians on the number of prizes, and the amount allocated for each prize.
Without the approval of at least 2 out of 3 fund guardians, no funds can be removed from the Treasury, ensuring the prize funds be kept safe until the end of the event.
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