How does a token remain it's value when you keep rewarding holders with the same token? wouldn't this weekly recurring event put a constant pressure on the price? also, how will you reward holders once all tokens are in circulation?
If your expenses in the first year are $1.6M and you aim to raise at least 1M, do you have 600K own money or some other backup? what will happen when you raise only 800K?
It's the same way a stock dividend works: based on the percentage of total stock you hold, you get a share of the profits.
In this case, your percentage of circulating supply multiplied by 5% monthly revenue is your dividend.
The revenue sharing period occurs for one week at the beginning of each month. Just once per month.
Example, let's say you have 140,000 PRD tokens, which is 2% of circulating supply (circulating supply may change over time, but will reach a maximum of 10,000,000).
You send them in to us during the first week of the month, and we give you 2% of 5% of profits in the form of Ethereum.
We hold the PRD tokens until the week is over so you can't pass them around to different addresses to simulate "different" people.
Then, we return the PRD to you after the week ends.
This will all be achieved through an Ethereum smart contract.
Hope that makes sense! If not, I will gladly explain more to you. Thank you.
As for the $1.6 million dollar expense, remember, we are a business that will begin making money as soon as we recruit players. We are exploring many different revenue options. So, we don't need $1.6 million minimum; it would be nice, though! Our soft cap is $1 million.