V3.9
PAYMENTS & MONETIZATION INFLOWS FROM OTHER AREAS Estimated Year
2021
2021
2021
2021
2021
2022
2022
2023
Overall Total
In-app Purchases (other than LODE Assets)
In-app Advertising
Advertising Merchants
Premium Account fees for Hyperledger
Fee for premium version of app
Other security tokens traded for AGX
Regulated exchange revenues
Percent micropayment reinvestments
Fiat or Crypto
Both
Both
Both
Crypto/ Both
Both
Crypto
Crypto
Crypto/ Both
Importance to the vision of silver money
Low
Low
Low
Low
Low
Medium
Medium
Low
Importance to Revenue
Low
Low
Low
Low
Low
Medium
MediumLow
Low
Overall Importance
Low
Low
Low
Low
Low
Medium
Medium
Low
LODE SYSTEM REVENUE INFLOWS There are a large number of potential inflows to the LODE System, the chart highlights the main expected inflows along with the projected release timelines of the products and services associated with these inflows.
BULLION ENGINE The LODE Tokens are the virtual equity of the group. LODE Tokens are purchased with fiat capital, or physical private silver or gold assets. The inflows are utilized to construct a silver and gold monetary mass which is utilized for the tokenization and minting of the systems products - AGX and AUX Coins. As the LODE Silver or Gold Reserves grow, new silver and/or gold inflows allow for the minting of new AGX or AUX Coins, to be sold to members for use in daily trade and commerce. The intention is to limit the number of LODE Tokens to a maximum of 77 Million.
LODEMarkets is a trade and commerce marketplace that enables sales and purchases using AGX and AUX Coins. 60
SYSTEM LEDGER & MINTING The LODE System Ledger operates on Hyperledger Fabric. LODE Tokens and AGX/ AUX Coins are minted from the vaulted silver and gold monetary mass via a multi-signature minting protocol. SYSTEM FEES There is a markup on the sale price of retail coins vs the underlying silver, as well as, transaction fees when users send their tokens P2P. Tiered Transaction Fee: a progressively smaller percentage is taken from transactions until it caps out. Demurrage: a small, time-based fee paid daily or hourly, based on the number of coins held, and is not affected by transactions. This fee is not currently implemented and is held in reserve for public blockchains where transaction fees are not able to be implemented. For non-crypto systems, LODE requires a “fees per transaction” like any other payment system.
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