BWC Proposal - Revenue Distribution Adjustment

We always keep transparency with cash flow and fund use. As we announced to the community back in June, all the revenue of Baby Wealthy Club will be first collected to the Club Wallet, and then allocated to Bank Wallet and Studio Wallet at a 50/50 ratio. The ongoing revenue includes market royalty fees, etc. This is how we have executed until now.

With the launch of BabyRichCoin, our community is now not only formed by the Baby Wealthy Club NFT holders but also the BabyRichCoin holders. We aim to make the wealthy baby brand known to more people and boost both the Baby Wealthy CLub and BabyRichCoin to a better value. This proposal does not involve approving any budget. This time we want to make an update to the ongoing revenue distribution:

  • 40% of the ongoing revenue will be allocated to Bank Wallet.
  • 40% of the ongoing revenue will buyback BabyRichCoin and add to its liquidity.
  • 20% of the ongoing revenue will be allocated to Studio Wallet.

This proposal is fully aligned with the best interests of all the community members, providing the fuels for a self-sustaining ecosystem.

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Snapshot Link: Snapshot

Start date: Dec 21, 2022, 16:00 PM UTC
End date: Dec 22, 2022, 16:00 PM UTC