The Ghostchain NFT Club treasury will be a community multi-sig wallet that helps fund the utility and further development of the GCNFTC ecosystem of projects (including the incubation of CNFT projects by GCNFTC holders).

A 7% royalty fee will be applied on all secondary sales of the GCNFTC collection. Of this, 70% is stored in a public community wallet which is used to buy blue chip CNFTs in the open market for our community portfolio. These CNFTs are then randomly distributed to a lucky GCNFTC holder bi-weekly via our “Guess the Logo” campaign and other community activities such as Discord participation etc.

GCNFTC holders will also be able to create proposals in our community forum to either request for funding or vote to support other CNFT founders in our ecosystem.

The remaining 30% (i.e. 2.1% of the total sale) is reserved for the GCNFTC team to enable further development of the ecosystem. These includes things like paying staffs, hiring new team members, and contracting the development of future projects in our road map.