Reward Structure

50% of royalties that Arenamon collects will be given back to the community in the form of Ethereum rewards.

The owners of ArenaMon get 10% royalties from every single trade that happens inside the collection.

So for instance, if James decides to sell his NFT to John for 2 ETH, the owners get 10% of this amount i.e 0.2 ETH. From this 0.2 ETH, we are giving back 50% to the community (0.1 ETH).

We have 8 winners per tournament. The first position will get 35% of the royalties, the 2nd 20%, the 3rd 15%, the 4th 10%, and the rest will get 5% each.

Let's say the royalty amount is 1000 Eth. The distribution will be as follows:

Position	Share(%)	Eth Reward
1st	35%	350 Eth
2nd	20%	200 Eth
3rd	15%	150 Eth
4th	10%	100 Eth
5th	5%	50 Eth
6th	5%	50 Eth
7th	5%	50 Eth
8th	5%	50 Eth

These figures are subject to change as Royalty amounts vary with each tournament since this amount will be the royalty amount for each month.

Understanding Payment System

After the conclusion of a tournament, we will check the numbers of the winning Gabimon and go on Opensea to collect the wallet addresses connected to those Gabimon. The winning amount of the respective positions will be sent to the wallet addresses thereafter according to the reward structure presented above and it is very important to understand that winners should not sell their NFT after winning since we will send Eth to the connected wallet of the winning NFTs and it may happen that if you sell your winning NFT before we send you the Eth reward, the reward will be sent to the wallet you sold the NFT to since we will check the connected wallet at the time of sending as well.

Note: The reward distribution and number of winners may change in the future.