PLATFORM FEES AND BLOCKCHAIN FEES
In the PROOF OF TOSS ecosystem a fee’s set only for paying a reward to event creators and judges. It totals 1% of the sum of all bets made. The team and founders don’t receive any monetary rewards from the system’s operation and don’t depend on its size and income. Only under this condition can the system be decentralized and protected from developers’ manipulations. To achieve the goals we’ve outlined, part of the money raised during the token sale and a portion of the tokens will be used to establish a fund. The fund will be responsible for evolving the project, interacting with the community and making decisions regarding project development, by voting.
Approximate calculations of gas consumption and RSK mainnet fees are presented in the table below:
DISCLAIMER:
The amount of gas for an operation multiplied by 1.5 to cover an operation’s performance 100%. The price for gas is arbitrary, in reality it changes in real time and depends on the miners network.
Take a closer look at our Technical Paper to learn more about PROOF OF TOSS project and it’s technical insights!
