Reward Structure
Reward Structure Terms
TRAF will not make any transactions or payments in FIAT or cryptocurrencies to any TRAF NFT holder.
Buying a TRAF NFT is not an investment, nor an investment contract, and should not be considered as such.
TRAF NFTs are not securities and should not be considered as such.
The below Reward Structure can be changed to accommodate any new laws or regulations made by the SEC. This is to protect all our US-based TRAF NFT holders from violating any SEC securities laws.
Before we start, it is worth mentioning that listing a TRAF NFT on or under the public mint price, excludes the NFT holder from all the benefits listed below.
GENESIS HOLDERS
Holders of Genesis Episodes are Executive Producers who get rewarded for their contribution to the show. Genesis holders are holders of Episode 1, Episode 2, or Episode 3.
25% of streaming revenue*
2.5% of royalties*
All benefits of “Other Episodes”.
*The revenue generated get directly poured in the staking pool of $OCA. Only holders that stake their NFTs have access to the rewards.
HOLDERS OF OTHER EPISODES
Possibility to have your favorite NFT star in the show. Selected holders receive a free TRAF NFT for their IP rights.
Possibility to win NFTs from our partners.
Claim your GRAVITY brand NFTs.
Get automatically Allow listed for the next episode
Get TRAF Merch discounts (When TRAF merch is launched).
OTT (Streaming Platform) Revenue
We don’t just want TRAF to exist and thrive in the NFT world. And that is why, in late December 2021, TRAF and RONIN Services signed a deal to distribute TRAF through Ronin's ALTRD.TV platform. By doing so, TRAF's content is now available on AppleTV, Roku, Samsung, Sony, LG, TCL, rad.live, Struum, PLEXTV and more (TRAF is now available in over 45M homes!).
What does this mean to our holders?
First, this announcement gave a huge visibility to TRAF and the NFT space in general!
Second, the more TRAF Episode NFTs a holder has, the more he will receive from this deal! And the more TRAF minutes and Ads we all watch, the more our holders will be incentivized!
Regarding the math behind the Ad revenue:
FAQ
(1) Will TRAF continue to be displayed on YouTube?
Yes.
(2) If I have an NFT of Episode 1, will I also benefit from the revenue generated by Episode 2?
Yes. We take the total generated revenue of the first 2 episodes (Genesis Episodes) and divide it by the total number of minted NFTs of the first 2 episodes. That's how we calculate how much each NFT will get.
(3) How to watch and generate income?
This presentation explains the following:
How to install the ALTRD.TV App.
How to stream TRAF content and generate revenue.
CPM Calculator
For the first 2 quarters of 2022, TRAF founders decided that 100% of the payment received from RONIN and YouTube will go to the TRAF NFT holders.
Episode Giveaways
For each episode, TRAF NFT holders might be automatically entered into a raffle to win NFTs made by TRAF or by another Partner project.
For Episode 1, we've kept it Bored Ape Yacht Club-centric, and we gave away 1 Bored Ape and 3 Mutant Apes!!!!
For our giveaways, all episode NFT holders’ wallet addresses get exported from the TRAF contract, and one address/winner is randomly picked by the generator built in the smart contract.
Winners are announced via our Discord and Twitter. The TRAF project team is not eligible for this giveaway.
IP rights earning structure
Each TRAF Episode NFT holder is eligible for a CASTING CALL. We want other NFTs to guest-star in the show and we’ll pay for the IP rights!
Here’s how it works:
If you are a Ep1 NFT holder, you can enter the casting call by submitting the NFT of your choice in our Guest-Appearance channel on Discord.
After the release of each episode, the TRAF team will select 10 NFTs and then the community will vote and select 3 winners.
Selected NFT holders to give TRAF the rights to use their NFT IP. This includes, among other things, using the NFT for creative purposes such as animation. Selected TRAF NFT holders are rewarded for the use of these IP rights. As of now, we are rewarding our winners by 1 TRAF NFT of the episode where they appear.
Airdrops, claimable NFTs, and in-show assets
We’ve explicitly designed TRAF as an open platform that can continuously integrate, and spin-off, a huge range of monetizable opportunities for the benefit of our NFT holders.
This includes:
Gravity Sneakers
Designed as a futuristic hi-top basketball shoe, the Gravity Sneaker counteracts the difference in gravity on the red planet and stops wearers from floating away to certain death.
Notable features:
The gravity sneakers feature in all episodes and seasons of TRAF.
333 NFTs of the sneakers are claimable by TRAF Episode NFT holders (free of charge, excluding gas fees).
One lucky holder won a REAL pair of Gravity Sneakers.
There are huge opportunities for this in-show asset going forward, including collaborating with artists, shoe designers and manufacturers.
Last updated