3.7 Fexse Revenue Share
a) Fexse Revenue Share refers to the distribution of revenues generated from real estate, artwork, precious metals, company shares and other assets tokenized on the Fexse platform to token holders in accordance with the provisions of the relevant NFT Contract and Yellow Paper. The revenue model and earnings sharing conditions for each asset are further defined in the relevant NFT Contract and technical documents.
b) Fexse Revenue Share is separate and independent for each tokenized asset. The revenue distribution of NFT tokens belonging to multiple different assets is calculated independently of each other and the revenues cannot be combined.
c) Profit sharing is realized according to the periodic schedule specified in the NFT Contract. At the end of the specified period, Fexse Earnings Share payment is made to investors who meet the earnings sharing criteria.
d) In the event of the termination of the Reference Asset (e.g., sale of a real estate, disposal of a work of art or transfer of a company share) and the related NFT Contract, no Fexse Revenue Share payments can be made for the remaining periods.
3.7.1 Fexse Revenue Share Payment Terms
Investors who have the minimum minimal number of NFT Tokens in their wallet during the specified period are eligible to receive Fexse Revenue Share.
The minimal number of tokens and other payment criteria are defined in the
relevant
NFT Contract.
3.7.2 Earnings Share Calculation
The amount of Fexse Earnings Share to be received by the investor is calculated by multiplying the number of tokens owned by the amount of earnings per share determined for the relevant period.
The calculated amount is transferred to the investor's wallet on the Fexse platform as FEXSE tokens.
The required minimum number of tokens to qualify for revenue share may vary depending on the underlying asset and is specified in the relevant NFT Contract.
3.7.3 Sources of Income
Fexse Revenue Share is provided from revenues generated from the use, lease, sale or valuation of tokenized assets.
The revenue sharing model is clearly defined in the NFT Contract depending on the type of underlying asset (e.g., Rental income for real estate, sale proceeds for artworks or appreciation in value for precious metals.)
3.7.4 Force Majeure
Fexse reserves the right to temporarily suspend the distribution of dividends in the event that income cannot be generated on the asset due to fire, earthquake, natural disasters, legal restrictions or force majeure.
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