The Rivals Founders Club token will be the governance token for the Project. Minted with DX, and being offered in a private sale that begins this Friday, Sept 20th, this fee token will help to raise the marketing budget for the Project Token. After the SAFT Application and SEC approval process completes, the RVLS-FC token will migrate to become a Dividend Token. This Profit Share token will distribute shares of the Advertising revenues, non-tokenized games, merchandise, and trading card collections to its holders on an annual basis. Any and all licensing deals, streaming series revenues, and future games that are not part of the token project itself, will be eligible for profit share inclusion in the dividends paid to the holders of this token.
Creating the token was a decision used to help support the marketing costs associated with the main project and the primary token for the ecosystem. The Company operates on the principals that building a project that the community could believe in before announcing the project and beginning the marketing campaign and community development, was a better approach to building a strong reputation and integrity-driven approach for the project. We didn’t want to talk about what we would have… We wanted to put our money where our mouth is and build it. With multiple games and ancillary revenue streams already in place, we believe we have demonstrated our capability for delivering a product that is worthy of the community we now seek to develop and build.
This token will be sold “fee free” to RVLS NFT holders and will be hosted with DX. The sale will last roughly 30 days. The token itself will remain locked for a 6 month period of time, and vested in its distribution. It will offer 3.11% APY to start. It has staking rewards, burn mechanism, and the same tax and donation wallet distribution as the Main Project token. We will lock 50% of the funds raised for the Liquidity Pool in order to ensure the value remains stable as we undergo the Presale of the RVLS token.
An affiliate marketing program will be offered to all Marketing participants and will pay 5% of each transaction total their followers complete to the participating marketing partner immediately. Additionally, purchasers of this token will be given a pro-rata share of RVLS Team tokens as a thank you for being an early supporter and an integral part of the development of this Project overall.
RVLS-FC CA: 0xC787E1Ba67273e74ED69F83dD0DCdA1b6d946dB2
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