KiX
  • GETTING STARTED
    • 👁️KiX Vision - An Introduction
    • 📣Onboarding Simplified: Wallet or No-Wallet
      • Onboarding using a Social Login
      • Onboarding using a Wallet
    • 🌠KiX Token Ecosystem
      • Buying $KIX platform token
        • Step by step buying KIX with USDT
      • Built on Ethereum & Polygon
  • THE BASICS
    • 🪙KiX Platform Token
      • On-Demand $KiX Issuance Mechanism
      • $KIX Liquidity Program
    • ⚽DAT Footballer NFTs
      • Trading DAT
        • DAT Sales Ticket
        • DAT Liquidity
        • DAT NFT Standard
        • DAT Bonding Curve
        • DAT Commissions
      • Portfolios
      • IPOing Footballers
    • 🪙Rewards
      • KiX Node Runner Program
      • KiX Rewards Contest
      • Game Groups
      • Sustainability
    • 📊Performance Scores
      • Performance Matrix
    • 💰KiX Economy
      • Economy Schematic
      • KiX Tokenomics
      • Locking $KIX
      • Fees & Commissions
  • FURTHER INFORMATION
    • Why KiX is a DAO
      • DAO Voting & Governance
    • KiX Team
    • KiX vs The Competition
      • We're a DAO
      • Trading Tokens vs Collecting NFTs
      • The Importance of Liquidity
      • Complete Ecosystem
      • KiX vs Alt Coins
    • KiX Revenue
    • Roadmap
    • FAQ
    • Glossary
    • Account Abstraction
    • KiX Constitution
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  1. FURTHER INFORMATION

KiX Revenue

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Last updated 1 month ago

The first point to make is that KiX is a non for profit Foundation and the revenue is generated solely to power the protocol and not to generate profits for shareholders as there simply aren't any.

After all operational costs are covered, any excess revenue will be held as a contribution to fund future development. These funds will be held in complete transparency and its distribution will be controlled via votes from DAO members.

The categories eligible for these distributions will be tightly controlled and will be good causes.

For example, the excess revenue may be allocated towards the user token reward programs to encourage community adoption i.e. increasing the amount of liquidity for the eco-system. However the community might equally decide to fund grass roots football, or buy a football team.

Revenue is derived from the trading commissions generated on the KiX DEX and via DATs in the game of skill - specifically this is:

  • $KiX: 100% of all 0.5% commissions on both Buy & Sell transactions from the platform token

  • DAT: 10% of all 1% commissions on both Buy & Sell transactions (the 90% balance being applied to )

In the future revenue will may be derived from the sale of NFTs and also from the sale of our data.

* PLEASE NOTE: Under regulation KiX is not offered or promoted to UK users or residents. *

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