Capital Raised Breakdown for Ascended Vizion NFTs
The Ascended Vizion NFT initiative is designed to build a self-sustaining ecosystem that empowers our community while ensuring the long-term success of the project. Below is a detailed breakdown of how funds will be allocated and utilized:
20%: Community Growth and Sustainability
A portion of the funds raised (20%) will be reinvested directly into the community through initiatives aimed at building sustainability and creating long-term value.
Business Credit Acquisition • Raise $100,000 in business credit to strengthen the project’s financial foundation. • Allocate funds to build and enhance the LLC by establishing trade lines and financial history, enabling access to greater funding opportunities.
Profit-Generating Investments • Once funding is secured, the community will acquire profit-generating assets or businesses, such as real estate properties, car washes, or laundromats. • These assets will generate recurring revenue streams, with profits funneled back to the community as rewards for their support.
Community Profit Sharing • Profits generated from these initiatives will be distributed among NFT holders, fostering sustainability and economic empowerment within the community.
80%: Operational Expenses and Team Compensation
The majority of minting funds (80%) will be allocated to the team and project owners. These funds will cover essential project expenses, including: • Compensation for the development team, marketing efforts, and content creation. • Ongoing operational costs to ensure the project’s continued growth and scalability. • Funding for new feature rollouts and community engagement activities.
3% Royalties
A 3% royalty on secondary sales will be allocated to the team to: • Maintain and support the project’s infrastructure. • Reinvest in the marketplace and community initiatives.
Last updated