Phosphor Ecosystem Rewards Explained

By
Kuba Szewczyk
July 24, 2024
1
min read

Supporting creators and other actors of the digital collectibles ecosystem is core to our purpose.  As such, we’ve implemented a program to reward creators and other stakeholders of Phosphor’s ecosystem.

Currently, for all Drop-to-Earn collections on Phosphor, we charge collectors a flat 0.000777 ETH fee per item, 100% of which goes directly to the Phosphor ecosystem rewards program. See breakdown below:

  • 0.000444 ETH per item (57% of mint fee) goes to the creator
  • 0.000333 ETH per item goes to ecosystem rewards i.e referrers, collectors, platform e.t.c.

The Reward distribution is designed to incentivize creating, experimenting and collecting on Phosphor, with the ecosystem portion evolving seasonally.

Open Beta Season: 100% back to Creators

For the duration of the Phosphor Open Beta, we will be giving away 100% of the ecosystem share of rewards to early creators as a thank you for being the founding members of our ecosystem.

If you are a creator and would want to be a founding member of the Phosphor ecosystem, sign up today and start creating! 

Kuba Szewczyk

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