About Payouts

Payouts terms are as written in the CTK Licensor Agreement.

80/20 split of License Agreement revenue.

• 80% to NFT Holder.

• 20% to CTK for License Deal Brokerage.

 

We currently offer DIRECT ETHEREUM PAYOUTS via Smart Contract Splits.

How it works:

1. Our IP Token Gate logs the Wallet and Token Number to be licensed.
2. When a License Deal is made, A Smart Contract is created for the deal.
3. The Smart Contract has the payout split built-in.
4. Payments to the contract automatically deposit into your wallet.

 

Why it's safe:

• Proof of work - We only make money if you do.
• Transparency - Smart Contract payout split can't be changed once written.
• Transparency - Blockchain Tx proof of all actions from our wallet.
• Tamper Proof - Split is handled via 3rd party Ethereum protocol.*
  *Initiated splits automatically go to payout wallets, eliminating forking or tampering of funds in any way.