At the core, both Genesis MONA NFT holders and $MONA token holders will be eligible to receive a portion of the platform’s marketplace revenue from Auctions and Instant Buy sales. The revenue distribution will be taken out of the protocol fee collected by the platform for sale items. The governance contracts allow the community to propose and vote on proposals across monetary, treasury policies, and the protocol’s development.
In order to receive revenue, rewards and participate in voting, Genesis MONA holders and $MONA token holders will stake their tokens into the DIGITALAX Governance contract. The revenue from the platform will be periodically re-distributed out to stakers, only after the Protocol Treasury has reached a $50, 000 reserve from the marketplace protocol fee. The Protocol Treasury will be used across development initiatives, operational expenses and platform maintenance.