Secondary Seat Sale
Last updated
Last updated
Once a Team Seat is purchased, the Seat Owner has the option to sell their Seat on the secondary market. As the Seat price will be heavily influenced by Team performance, Seat Owners have an interest in ensuring the overall success of the Team. This alignment between Seat Owners and the Team ensures that each can mutually benefit from the efforts of the other.
The aforementioned relationship is materialized through Seat Owners getting the majority of the revenue generated from a Secondary Seat Sale. A Seat Owner’s contribution to the Team is monetarily quantified by the difference between their final Seat sale price and their acquisition price (i.e. from initial or secondary seat sale).
| No | Config | Beneficiary | Config Owner | Default Value |
|---|---|---|---|---|
1.0.0 | Seat Owner % | Shards Platform | 85% | |
2.0.0 | Team Share % | Shards Platform | 5% | |
2.1.0 | Seat Owners % | Team Governance | -% of Team Share | |
2.2.0 | Fraction Owners % | Team Governance | -% of Team Share | |
2.3.0 | Team Owner % | Team Governance | -% of Team Share | |
3.0.0 | Shards Platform % | Shards Platform | 9% | |
3.1.0 | Game Studio % | Shards Platform | 80% of Shards Platform | |
4.0.0 | Referral % (if any) | Referrer (else Game Studio) | Shards Platform | 1% |
