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:
- Our IP Token Gate logs the Wallet and Token Number to be licensed.
- When a License Deal is made, A Smart Contract is created for the deal.
- The Smart Contract has the payout split built-in.
- 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.