💰NFT's

Service Fee Distribution

The PVP Money platform will gather service fees for every single game that is played. The service fees range from between 1% and 10% depending on the type of game.

A 10% allocation of all service fees incurred on the platform will by ringfenced to those who hold a PVP Money NFT. Each NFT will give the holder access to a portion of the 10% allocation, in proportion to the number of NFT's held and minted.

The cost of each NFT is 1BNB (Circa $330) and there is a limit of 1,000 NFT's for the platform.

Let us say that in a set period, the service fee allocation for NFT's is $100,000 and only 10% of the NFT's are minted:

  • Total # of NFT's - 1000

  • Total # of NFT's minted – 50

  • Cost per NFT – 1 BNB (Circa $600)

  • Profit per NFT - $100,000 / 50 = $2000

In contrast if for the same set period, for the same $100,000 allocation, ALL the NFT's are minted:

  • Total # of NFT's - 1000

  • Total # of NFT's minted – 1000

  • Cost per NFT - 1 BNB (Circa $600)

  • Profit per NFT - $100,000 / 1000 = $100

These scenarios should help to give an indication of the level of revenue that could be made by holding a single NFT at any given time. It should also be easy to scale these numbers to calculate potential returns for multiple NFT's.

Of course, the level of platform activity will primarily dictate the level of earnings that could potentially be achieved, but as more NFT’s are minted, this is diluted more and more.

NFT reward claims are available from the NFT site https://mint.pvp.money, which allow holders to claim their rewards whenever they like.

All cross chain fees are automatically bridged to the NFT resident chain (BSC) every 24 hours, so all gains from all chains can be realised in one place.

Last updated