Creators build platforms, not tech companies.
Unlike other content platforms, we believe creators are our partners, not our product. We also understand the risks early creators take in trusting new technology. Web3 isn’t easy, but it is inevitable. We think you’ll agree that the advantages far outweigh the learning curve.
To put our money where our mouth is, BackedBy is distributing 10% of the foundation token supply to early adopters of the platform. These ERC-20 tokens will represent ownership in the protocol and offer voting rights in the BackedBy DAO, which will govern the development of the platform.
Creators will receive a pro rata distribution of total BackedBy tokens at the following milestones:
|Total Monthly Processing Revenue||$BackedBy Token Grant|
Here is an example of what that means for you as a creator.
|Total Monthly Processing Revenue||You make $X/month||You get $BackedBy|
An additional 1% of BackedBy tokens will be distributed to early supporters and ambassadors of the platform. Email us if you’d like to know more.