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Introduction
Ancient Society is an expansive initiative that seamlessly integrates blockchain technology with a robust six-ecosystem structure. Beyond the inherent benefits of its cryptocurrency assets, Ancient Society presents promising opportunities for substantial profits derived from its diverse range of software and associated ventures. This article outlines the allocation framework for profits generated within the ecosystem.
Definition of Profit
In the context of Ancient Society, profit is defined as the revenue generated from various sources—subscriptions, digital asset sales, promotions, Google Ads, advertisements, donations, etc.—after deducting all necessary expenditures. These expenditures include development costs, salaries, taxes, and sustainability-related expenses. It is crucial to note that the profit calculation excludes the original minted coins designated for community distribution. These coins are considered communal assets and must not be treated as profit.
Profit Demarcation Framework
Ancient Society’s profit-sharing model is designed to promote equitable growth, ensure community development, and reward contributors. The profit is divided into three primary allocations:
Ancient Society is fundamentally a project by the people, for the people. To reflect this philosophy, 40% of the profits are reinvested into the community. These funds are distributed among countries based on their membership structure within the society. Community members in each country will vote to decide the areas in which these funds should be invested. This participatory approach ensures that the community remains at the heart of Ancient Society’s growth.
Investors, defined as individuals or entities willing to contribute substantial amounts (over $100,000) to the project, are allocated 40% of the profits. The investor are expected to inject $4 million into the project, a crucial milestone for scaling operations. These resources will:
Unlike traditional financiers, investors form part of the core team, contributing to the project’s day-to-day management and promotion.
Financiers are community members who contribute $1,000 or more after the distribution period. This group plays a vital role in providing financial and logistical support for the project. Contributions can be made incrementally, and members join the financiers’ team upon reaching the $1,000 threshold. The financier window remains open until the investor window commences.
To learn more about the financiers, visit: https://ancientsociety.tech/financiers .
Benefits for Investors and Financiers
The Next Big Move: Early 2025
As Ancient Society approaches its official launch, the following initiatives are planned for early 2025:
With all applications now live on Google Play Store and nearing completion for the App Store, the project is on the brink of revolutionizing digital asset management and community-driven blockchain technology.
As of now, the Ancient Society is progressing steadily toward completing its ecosystem. However, there are a few crucial financial goals that need to be achieved to ensure the project's success.
Conclusion
Ancient Society stands as a testament to the power of blockchain technology in fostering equitable growth and community development. Through its structured profit-sharing model, it not only rewards contributors but also ensures the sustained development of its ecosystem. By early 2025, Ancient Society aims to become a household name, spearheading innovation and inclusion across Africa and beyond.