Main Goals

  1. Founding a closed investment fund with wide range of investments opportunities;
  2. Efficient payments system development;
  3. Issuance of own ERC Token with the value ensured by Community Fund's Profit;
  4. Staking mechanism implementation to ensure equal payment distribution;
  5. A guarantee of an effective governance of the Community and its Fund;

Main Principles of Mask Cult

  1. NFT holders are the decision makers on how to manage the Mask Cult collection;

  2. Votes distribution corresponds to number of NFTs owned by a voter;

  3. Community leaders implement the investment idea chosen by the community;

  4. Total transparency of Community funds;

  5. NFT holders are guaranteed a share in Community Fund's profit. Percent of distributed profit to the NFT holders depends on the complexity of chosen investment idea;

  6. Profit payments are based on buybacks of all mined Mask Cult Token within 3 days and with a fixed price. A price of buyback calculates according to the following formula:

    <aside> 💡 $BuyBackPrice=NetProfitOfFund/TotalMinedTokens$

    </aside>

  7. NFTs must be used in staking to participate in Community Profit Distribution. 1 NFT generate 1 Mask Cult Token per day;

  8. Remainder profit will return to the fund upon the end of the buyback period. These funds will serve as an reinforcement for the remaining circulating tokens and will be added to subsequent buybacks;

RoadMap 2.0 (After 100% sold)

  1. Creating private channel for Mask Cult NFT holders;
  2. Community Fund forming: $5000 from the main sale + 100% of all royalties within a month and 50% after this period;
  3. Start voting for investment ideas;