DGES Documentation
  • Welcome to DGES
    • Problem Statement
    • Tasks
    • Goals
    • Proposed Solutions
  • Ecosystem Overview
    • Platform Overview
    • Ecosystem Tokens
      • GeoNFT (GNFT)
      • LandNFT (LNFT)
      • RoyaltyNFT (RNFT)
  • Ecosystem Commissions and their Distributions
  • DAO and Governance
    • Voting Mechanism
    • DGES DAO Reserve
    • Mitigation of DAO Attacks
    • No Native Token
  • Use of Funds
  • Technology
    • Blockchain Infrastructure
    • GNFT
      • GNFT Extensions Library
    • LNFT
    • RNFT
    • DAO
    • Integration with Other Blockchains
    • Development Tools
    • Security Measures
      • Audits
  • Use of Funds
    • Road Map
  • Socials
    • Contacts
  • Marketplace
    • NFT Marketplace
      • Mint
      • Sell
    • Terms and Definitions
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Ecosystem Commissions and their Distributions

PreviousRoyaltyNFT (RNFT)NextDAO and Governance

Last updated 5 months ago

Revenues generated from transactions involving ecosystem tokens are automatically and decentralisedly distributed as follows:

  1. For each GNFT transaction, the fee collected by the ecosystem is split as follows: 50% goes to the holder of the LNFT corresponding to the plot where the GNFT transacted, and the remaining 50% is evenly distributed among all RNFTs held in the DGES Governance Pool at the time of distribution.

  2. For each LNFT transaction, the fee collected by the ecosystem is allocated as follows: 50% is directed to the DGES DAO reserve, and the other 50% is evenly distributed among all RNFTs held in the DGES Governance Pool at the time of distribution.

  3. For each RNFT transaction, the entire fee collected by the ecosystem is directed to the DGES DAO reserve.

Most of the economic activity, and consequently the royalties for ecosystem participants, is generated through the issuance and subsequent resale of GNFTs. Proceeds from initial RNFT sales go toward supporting the DGES team’s activities and project development. Commissions from secondary RNFT sales are entirely directed to the DGES DAO reserve. The funds in the DGES DAO reserve are intended for providing grants to support promising projects within the DGES ecosystem, as determined by DAO voting.