# Benefits

## Owners

Owners of the Shadows NFT will be eligible for rewards in the form of payouts from subscription fees as well as royalties from merch that can be sold with the image of the NFT.

### Subscription Payouts

Subscription payouts will be based on the following:

* First $5,000 in subscription fees per collection is retained for ongoing operational costs.
* 75% of all remaining subscription fees collected will be dispersed amongst eligible holders while 25% is retained to the company.
* 5% of the dispersed amount is spread across all of the NFT holders as a base amount.
* 95% of the dispersed amount is spread across those that have given additional content and will be weighted based on their rankings that have been given.
  * Cover-up/Verifiable rank will give a weight of 3 per vote
  * Interesting/Plausible rank will give a weight of 2 per vote
  * Stupid/Hoax rank rank will give a weight of 1 per vote
  * No rank will give a weight of 0
  * The formula per NFT will be $$Payout = (sum(vote \* weight) / TotalVotesWeight) \* AvailableFunds$$
* Early Adopter fees are not included in the payouts

{% tabs %}
{% tab title="Example 1" %}
Subscription fee collection of $25,000. &#x20;

Available for payout is $15,000.

Total NFTs = 2,000

TotalVotesWeight = 9,000

<table><thead><tr><th width="88" align="center">NFT</th><th align="center">Verifiable</th><th align="center">Plausible</th><th width="78" align="center">Hoax</th><th align="right">Base</th><th align="right">Content</th><th align="center">ROI(MTH)</th></tr></thead><tbody><tr><td align="center">1</td><td align="center">0</td><td align="center">0</td><td align="center">0</td><td align="right">$0.38</td><td align="right">$0</td><td align="center">26/53</td></tr><tr><td align="center">2</td><td align="center">5</td><td align="center">2</td><td align="center">0</td><td align="right">$0.38</td><td align="right">$30.08</td><td align="center">0.3/0.7</td></tr><tr><td align="center">3</td><td align="center">3</td><td align="center">4</td><td align="center">1</td><td align="right">$0.38</td><td align="right">$28.50</td><td align="center">0.4/0.8</td></tr></tbody></table>

{% hint style="info" %}
ROI is showing the Whitelist ROI first and then the public price after the slash.  No additional content will get money back, just takes longer.  Those who add the content will be eligible for greater rewards.
{% endhint %}
{% endtab %}

{% tab title="Example 2" %}
Subscription fee collection of $8,000. &#x20;

Available for payout is $2,250.

Total NFTs = 2,000

TotalVotesWeight = 7,000

<table><thead><tr><th width="88" align="center">NFT</th><th align="center">Verifiable</th><th align="center">Plausible</th><th width="78" align="center">Hoax</th><th align="right">Base</th><th align="right">Content</th><th align="center">ROI(MTH)</th></tr></thead><tbody><tr><td align="center">1</td><td align="center">0</td><td align="center">0</td><td align="center">0</td><td align="right">$0.06</td><td align="right">$0</td><td align="center">167/333</td></tr><tr><td align="center">2</td><td align="center">5</td><td align="center">2</td><td align="center">0</td><td align="right">$0.06</td><td align="right">$6.11</td><td align="center">1.6/3.2</td></tr><tr><td align="center">3</td><td align="center">3</td><td align="center">4</td><td align="center">1</td><td align="right">$0.06</td><td align="right">$5.79</td><td align="center">1.7/3.4</td></tr></tbody></table>

{% hint style="info" %}
ROI is showing the Whitelist ROI first and then the public price after the slash.  No additional content will get money back, just takes longer.  Those who add the content will be eligible for greater rewards.
{% endhint %}
{% endtab %}

{% tab title="Example 3" %}
Subscription fee collection of $4,000. &#x20;

Available for payout is $0.

Total NFTs = 2,000

TotalVotesWeight = 7,000

<table><thead><tr><th width="88" align="center">NFT</th><th align="center">Verifiable</th><th align="center">Plausible</th><th width="78" align="center">Hoax</th><th align="right">Base</th><th align="right">Content</th><th align="center">ROI(MTH)</th></tr></thead><tbody><tr><td align="center">1</td><td align="center">0</td><td align="center">0</td><td align="center">0</td><td align="right">$0</td><td align="right">$0</td><td align="center">N/A</td></tr><tr><td align="center">2</td><td align="center">5</td><td align="center">2</td><td align="center">0</td><td align="right">$0</td><td align="right">$0</td><td align="center">N/A</td></tr><tr><td align="center">3</td><td align="center">3</td><td align="center">4</td><td align="center">1</td><td align="right">$0</td><td align="right">$0</td><td align="center">N/A</td></tr></tbody></table>

{% hint style="info" %}
If the subscriptions are down, the ROI will not be applicable. &#x20;
{% endhint %}
{% endtab %}
{% endtabs %}

### Merch

We are working with merch suppliers in which we will be able to create a store front based on a users individual NFT.  This will then allow viewers to purchase merch from their store and they will collect on the royalties.

{% hint style="warning" %}
The Merch details are still being ironed out and will be updated once things have been finalized.
{% endhint %}

## Subscribers


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