Loser Club
Search…
Project Treasury Management

Management of Funds

Loser Club Company

0x709d30f1f60f03d85a0ef33142ef3259392dc9e1 - Loser Club Smart Contract Address
0xB1287C833c17FEb2289D828543458Ed938A40d12 - Loser Club Contract Owner Address
0x25eb3CCadc751E73bff53f1976C62E959D757D5f - Loser Club Company (Gnosis Safe)
Signers:
  • 0xA2754adA78F5B736Cc14BB28C3E7fE59459b5d9F - Authorized Signer 1 - Brinary
  • 0xE92146ab974Cf32842556DB59FB7c8Fb563B2D4C - Authorized Signer 0 - Failsafe Backup Wallet
  • 0x4bb1BDa0d042B6D4D62102d1212334A59Cc96884 - Authorized Signer 1 - Kylie
  • 0x5A58cBf987303f5E271323f392ca32d7DAfFd436 - Authorized Signer 2 - Lawpez
  • 0xB4D13125A01A940870802C114A4C8B89df6DF21c - Authorized Signer 3 - J'Von
  • 0xa211eA64E0E8e7FfFA1e06a105BBa45C526c104A - Authorized Signer 4 - CactusJackCPA

LoserFund (Project Treasury)

0x5389BBAa495eaB694DaD71671e9cB9c705e5f68D - Loser Club Project Treasury Address (Gnosis Safe)
Signers:
  • 0xA2754adA78F5B736Cc14BB28C3E7fE59459b5d9F - Authorized Signer 1 - Brinary
  • 0xE92146ab974Cf32842556DB59FB7c8Fb563B2D4C - Authorized Signer 0 - Failsafe Backup Wallet
  • 0x4bb1BDa0d042B6D4D62102d1212334A59Cc96884 - Authorized Signer 1 - Kylie
  • 0x5A58cBf987303f5E271323f392ca32d7DAfFd436 - Authorized Signer 2 - Lawpez
  • 0xB4D13125A01A940870802C114A4C8B89df6DF21c - Authorized Signer 3 - J'Von
  • 0xa211eA64E0E8e7FfFA1e06a105BBa45C526c104A - Authorized Signer 4 - CactusJackCPA

Distribution of Funds & Royalties

All project funds have/will be distributed as follows:
Who
Mint Revenue
Royalties (7.5%)
Loser Club Company
37%
30%
Artist
30%
20%
Loser Club Project Treasury (LoserFund)
33%
50%

Royalties

Royalties from sales are set at 7.5% and distributed as outlined in the table above.
The whole point of our project was to put the artist and the community at the forefront of the space and 70% is our commitment to the artist and the community - a detailed breakdown of how this will be used will all be published.

Loser Club Project Treasury

The project treasury was seeded with 283.14 ETH following the mint.
This was or will be used to:
  • Pay all of the project team members from the initial mint (of which there were 18).
  • Pay the project team who continue to support and run the project.
  • Fund development of the brand and project. This may be in the form of events, merchandise or development, or any other work undertaken for the Loser Club brand.
  • A proportion will always be reserved to cover company taxes.

Making Decisions About Treasury Spend

Below, we have provided a basic flow for how decisions will be made with regards to holder proposals for spending of project treasury funds.

Voting on Proposals

The following threshold must be met for voting on proposals at each of the following stages:
  • Community Proposals: A set number of voters must be included in the vote to pass a proposal. Thresholds will be decided based on the type of proposal.
  • Loser Club Team: A set number of voters must be included in the vote to pass a proposal.
  • J'Von: All proposals will have the final approval of J'Von.
Copy link
On this page
Management of Funds
Loser Club Company
LoserFund (Project Treasury)
Distribution of Funds & Royalties
Royalties
Loser Club Project Treasury
Making Decisions About Treasury Spend
Voting on Proposals