Excited about this. Looking forward to more information.
Do we have more information of what does this means?
Perpetual Founder’s Bonus of 5% for all subsequent periods
You are viewing a single comment's thread from:
Excited about this. Looking forward to more information.
Do we have more information of what does this means?
Perpetual Founder’s Bonus of 5% for all subsequent periods
I hope this explains it better:
Perpetual Founder's Bonus of 5% for all subsequent periods refers to a bonus that is paid out to the founders or initial investors of a company or project on an ongoing basis.
This bonus is perpetual, meaning that it continues indefinitely, and it is typically calculated as a percentage of the company's profits or revenue. The bonus is usually awarded to the founders or initial investors as a way to reward them for their contribution to the company's success and to incentivize them to continue to support the company in the future.
For example, if a company has a Perpetual Founder's Bonus of 5%, and it generates $1 million in revenue in a given period, the founders or initial investors would receive a bonus of $50,000 (5% of $1 million). This bonus would continue to be paid out in subsequent periods as long as the company continues to generate revenue or profits. @baltai