Allocation of Donation Proceeds
The system aligns the interests of the seller, buyer, and the cause being supported. It creates a symbiotic relationship where everyone benefits from a more substantial contribution to a charitable cause.
NFT sellers have the flexibility to choose the percentage of their sale proceeds to donate, allowing them to align with their values and the cause they wish to support. NFT seller can donate 10, 25, 50, 75 or 100% of their NFT sale proceeds.
Incentive for Higher Donations: The incentive structure encourages sellers to consider higher donation percentages. The more the seller donates, the more both the seller and the buyer earn.
25% of the total supply of GOOD tokens will be minted (at actual market price) based on activity on the GOOD marketplace (represented by the volume of donations) and distributed to sellers and buyers of NFTs. Once all tokens have been minted, GOOD is purchased on the market and then distributed.
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