HAIP White Paper
  • 📜HAIP Whitepaper draft : May 20, 2024
  • Haip at its Core
    • Why we need HAIP?
    • It's the end of crowdfunding as we know it.
    • Who Can Benefit from HAIP?
    • Solving Creative Industries. How we make Web 3.0 funding accessible.
  • Platfrom architecture
    • $HAIP and Project Token
    • Reward System
      • 🎮Project Growth Reward
      • 🤩Community Reward
    • Flow Chart
  • What projects are tokenized with Haip
  • Tokenomics - how it grows in value
    • Token distribution
    • MINT and BURN
  • Haip community rewards
  • Milestones
  • Legal aspects
  • 💪Team
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Project Growth Reward

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Last updated 1 year ago

What is Project Growth Reward?

Fans can stake Project Tokens in a Project Growth Pool.

Each project has its own Project Growth Pool created upon project onboarding. Fans can stake their Project Tokens. In a duration of fundraising, tokens cannot be resold.

When a soft cap is reached, all the gathered funds are transferred to the Creator and all stakeholders are from now on eligible for the future profit share of this particular IP.

When a soft cap is NOT reached until a certain date, all the funds are returned automatically by ProjectGrowth Pool smart contract.

When project yields profit*, Creator exchanges the profit for $HAIP Tokens and transfers the tokens to the Project Growth Pool. The smart contract then distributes the tokens accordingly to all stakeholders.

*conditions upon which the project is considered profitable are to be described in detail in an agreement between a creator and a fan

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