Airdrop Funding
Initial funding for the monthly luxury watch draws will come from a specific percentage of the cryptocurrency holdings, raised from the initial sale of Chronos Club NFTs. This initial approach allows the project to secure the necessary funds to begin this exciting initiative, ensuring that early participants and NFT holders can enjoy the benefits and rewards from the beginning.
With the launch and successful operation of the Chronos Club's own marketplace, the funding structure of the draws will evolve into a self-sustaining structure. Revenues generated by the club's activities, including sales on the marketplace, will be used to fund future draws. This change marks an important step towards the financial autonomy of the project, ensuring that draws and other promotional activities can continue in the long term without relying on the initial pool of cryptocurrencies.
This funding model not only demonstrates Chronos Club's strategic planning and vision but also its commitment to sustainability and the continuous growth of the project. By transitioning to funding generated by the club's own profits, it reinforces stability and promotes a virtuous cycle of reinvestment and reward within the Chronos Club community.
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