IBAT PREMIER LEAGUE OPERATING MODEL
The diagram below shows how funds will flow whenever a user buys an NFT from the battle marketplace. Initially, the funds go to a pool address called the IBAT Stake Pool. All funds are stored in the IBAT Stake Pool until the match ends or the session/league ends. At the end of the session or league fixtures the funds will be divided into three pots and distributed as follows; 5% to the Foundation; 5% for the completion of daily tasks; with the remaining 90% used for rewards distribution to the winners and top teams.
Last modified 7mo ago