Funding

Funding

After upfront investments for the project are covered (~50ETH), 40% of the mint revenue from all phases of the Bullish Bears Club will go towards funding the DAMF. The DAMF is estimated to have ~850ETH in funding following a full sell-out of all 4 launch phases.

The DAMF will be further funded by 100% of the second-hand market royalties on a monthly basis to ensure the long-term success of the fund.

The DAMF is a complex decentralized utility and will require time and funds to construct. As outlined in the Bullish Bears Club Roadmap, the fund's creation and operation will align with the funding phases (known as launch phases). Each new funding phase will progress the development of the DAMF and will require capital. This capital will be deducted from the fund's total value after the mint of each phase. It's a community-driven initiative, operated by the community, created for the community!