💸 Transitioning to a Paid Model After Month 3
This information is provided for informational purposes only. Before any changes occur, we will conduct a vote once the DAO is set up, prior to month three.
As the market cap grows, starting after month 3, we'll introduce a paid membership model to support buybacks, token burns and revenue sharing. Initially, we're using a membership model to build trust and help our community win. Eventually, we'll shift to a paid membership using the Sharp Token, while continuing to offer both token-gated and paid options.
Here is a sample of what the pricing would look like: Membership Pricing
All Sports (One Year): $4,999
All Sports (Monthly): $699
Full Season Pricing
NFL Football: $1,499
College Football: $999
College Basketball: $1,499
NHL Hockey: $1,499
NBA Basketball: $1,499
MLB: $1,499
Tennis: $1,499
MMA Yearly: $1,499
*Note: Full season prices will be prorated based on the purchase date.
This strategic move aims to:
Generate Revenue:
Introducing subscription fees will provide a steady income stream.
Revenue will support operational costs and enhance services.
Facilitate Buybacks and Burns:
A portion of the revenue will be allocated to buy back tokens, reducing supply and potentially increasing token value.
Regular token burns will decrease overall circulation, contributing to scarcity and value appreciation.
Keep Memberships with Token Staking
Token Staking Requirement:
Members must lock in their tokens for a defined period to access picks through a membership.
Balanced Access:
Maintain a mix of paid subscriptions and token-gated access to accommodate all users.
Exclusive Benefits:
Staked token memberships provide access to highest tier memberships, rewarding long-term commitment.
Grow Market Cap:
By generating consistent revenue and enhancing token value, we aim to boost the market cap.
Increased market cap can attract more investors, further driving growth and stability.
This transition underscores our commitment to long-term sustainability and value creation for our community.
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