What is the this fund?: It's a modern & fresh revenue sharing product, launched by The Association.
It aims to generate revenue for "sharehodlers" via trading various assets with short term profits in mind, harnessing the power of The Association Team, Roster & community contributors.
Concept
The Firm allows anyone to invest in common plays that the team and Partner's make as part of The Association, without having to be active 24/7 and responding to notifications.
Missed a "Wolf low-cap" or a "Babla memecoin" and full of ragrets? Cry no more.
The details
Minimum entry: $500 - this gets 1 share. There are only 400 shares total, so each share is worth 0.25% of sharehodler profits. There is no cap on the maximum number of shares held by any single person.
85% of profits will be paid out in dividends every two weeks (when there is profit).
15% of profits will be used by the Team, Partner's and contributors to attract new talent, develop new products & incentivise consistent prioritisation.
Funds will be kept in a multi-sig managed by the team
Investments will be made by the team, or by select MVPs/Partners directly. To facilitate this, there will small percentage of AUM provided as a slush fund for immediate opportunities to such Partners.
Private sale investors will be airdropped a shareholder token next week to signify their investment and the tokens will attract airdrops of trading rewards in the future.
The team will not hold any share tokens and take their fee without any allocation to dump.
Sharetoken holders have to hold the token through 2 epochs closes to earn rewards, so holders cannot dump after a reward & buy back just before the next reward interval.
The first epoch ends on the 13th of April and distribution of rewards will follow on the 14th of April.
