The Holy Ones Gaming Ecosystem will be paying 20% royalties to NFT holders. It will pay these royalties only to those holders that will sign back the commercial Intellectual Property (IP) rights of their NFTs to the Holy Ones Royalties Pool.
All holders receive the rights to both personal and commercial IP of their Holy Ones art when they mint or purchase a Holy Ones NFT. These combined rights allow the holders to do whatever they please with the artwork on their Holy Ones NFT - commercially or otherwise.
However, NFT owners will need to trade back these commercial IP rights to begin earning royalty payments from the Holy Ones Gaming Ecosystem. They will do so by wallet-signing a transaction on the Snapshot platform, launching shortly after minting.
Royalties payments to those who signed back the commercial IP will be deposited into Holy Holders’ wallets quarterly.