Green Beli Ecosystem Fund
Last updated
Last updated
Green Beli Ecosystem Fund is the total fund obtained from selling in-game assets (seeds, land, and NFT items) and fees charged for activities performed on Green Beli platform, including Breeding, Fusion and marketplace transactions. The Green Beli Ecosystem Fund is used for project operation, future development, environmental activities, and other project related activities to benefit the ecosystem of Green Beli.
Green Beli supports environmental activities via two possible venues. Depending on which amount is greater at the given times, Green Beli commits at least 30% of revenue from the sales of tree seeds, land & NFT items, OR 10% of the total Green Beli Ecosystem Fund, to go to the chosen cause.
For example: If the total Green Beli Ecosystem Fund is $100K, in which the revenue from the sales of tree seeds, land & NFT items is $50K. We will take 30% of the $50K (equivalent to $15K) to fund eco-activities, instead of 10% of the $100K (equivalent to $10K only).
If the total Green Beli Ecosystem Fund is $100K, in which the revenue from the sales of tree seeds, land & NFT items is $20K. We will take 10% of the $100K (equivalent to $10K) to fund eco-activities, instead of 30% of the $20K (equivalent to $6K only).