💰Community Vault

The Community Vault is a fund that each of our holders is a "shareholder" of. The vault consists of $SOL, Tokens and NFTs.

Royalties

We will be collecting a 8.88% fee on sold listings across all marketplaces as royalties. 100% of royalties will be contributed to the Community Vault or Development of our project. Royalties are a fee that an creator charges on the sale of their artwork.

What's a Community Vault?

Our Community Vault is a secure wallet that will receive royalties from the marketplaces where our NFTs are sold. We've allocated 30% of our Mint Proceeds and contribute 100% of our Royalties to the Community Vault.

How are funds handled?

Community Voting — NFT holders can decide on the treatment of the funds by voting on proposals that are posted on the Discord channel. The proposals will be raised by holders or our staff and approved/declined based on poll results.

As mentioned in the SAINTxDAO section, our community will be investing into other assets to further diversify our Community Vault.

Marketing — An allocated amount will be used to promote our NFTs, this includes twitter promotions and giveaways. For example, we may offer other projects Free NFTs from our Community Vault (from the SAINTxDMON collection only) in exchange for Whitelist Opportunities to their project. We believe this will add value to our brand and increase traffic for future phases of our project.

Development — We will be using the Community Vault funds to pay for development or Artwork costs related to our collection.

Enter The Vault

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