Here is an updated plan for distributing net profits earned through the quasi decentralized autonomous organization Tenqido. This all may be subject to change since Tenqido is a DAO or quasi-DAO.
Net profits derived from social media advertising, and social media site/app memberships, profits will be allocated as follows.
- 5% of net profits will go to healthspan research funding
- 5% of net profits will be devoted to supporting a basic income cryptocurrency blockchain
- 5% of net profits will go to partial cumulative profit dividend fund
- 5% of net profits will be distributed to directors and executives
- 5% of net profits will be distributed to shareholders (if there are any, otherwise this will go back to directors and executives)
- 5% of net profits will go to charities (nonprofits and DAO’s)
- 70% of net profits from advertising will be distributed back to users/members
For profits derived from other efforts of Tenqido, and not from content created through social media services, profits will be allocated as follows.
- 5% of net profits will go to healthspan research funding
- 5% of net profits will be devoted to supporting a basic income cryptocurrency blockchain
- 5% of net profits will go to partial cumulative profit dividend fund
- 15% of net profits will be distributed to directors and executives
- 50% of net profits will be distributed to shareholders (if there are any, otherwise this will be allocated to charities)
- 20% of net profits will go to charities (nonprofits and DAO’s)
This all may be subject to change since Tenqido is a DAO or quasi-DAO. Tenqido will eventually help humanity to experience more happiness.
