Contributors and NTTs Rewards

Non-transferable tokens (NTTs) are used to measure collaborator contributions and ensure fair compensation when projects generate revenue.

When a project is launched, a DAO and a non-transferable token (NTT = non-transferable ERC20) is created. NTTs, tied to a project and its individual contributors, cannot be traded. They are minted to reward validated contributions and primarily serve as a measure of involvement within a project.

As the project starts generating revenue, profits are distributed fairly among contributors based on their earned tokens. Each contributor receives a portion of the profit determined by their earned tokens divided by the total token supply.

It's important to note that contributors will continue to receive rewards as long as the project is ongoing and they retain their tokens.