Phase 07 of Revenue Sharing
This proposal outlines a partnership concept between A Few Bad Newbies and a company such as ExxonMobil, Royal Dutch Shell, Chevron, or Marathon Petroleum which would allow our holders to add to their own Revenue Pool while saving on their vehicle’s fuel. The partnership would involve an allocation of $50,000,000 from the AFBN marketing and development revenue pool to be used for the purchase and then distribution of 6,250,000 gallons of fuel between five different grades (87, 89, 91, 93, and diesel) at a discounted price saving $0.50/gallon for customers who scan the NFT QR code.
The savings from the discount would go to the fuel company, with a portion also going towards the revenue sharing NFT pool. The proposal also includes transparent financial breakdowns for each year of the agreement, with the partnership being renewed and replenished after the third year.
The remaining difference between the projected $8/gallon estimate and actual cost of gas would be a financial gain after the third year to the supporting company as well as provide the finances required as to implement software which enables our discount process, in addition to the listed 05% and 20% of the third year “90% spill over” proceeds previously allocated to purchasing more fuel as explained below.
“The Fifty Million Dollar Step“
- attempted audience: ExxonMobil, Royal Dutch Shell, Chevron, Marathon Petroleum
- Mathematics based on $8.00/gallon value
- Mathematics based on 40 gallon tank
- Difference of estimated & actual cost rewarded to Fuel Company
- 2+ NFTs does not enable additional discount
- NFT QR code scan enables discount: $0.50/gal
- Finances from Marketing & Development Pool
- $50,000,000 allocation to:
6,250,000 gallons of fuel between grades:
- 87
- 89
- 91
- 93
- Diesel
Which is 1,250,000 gallons of each type.
FILL UP COST VS. SAVINGS
- $8.00 × 40gal = $320
- $7.50 × 40gal = $300
15 Overall “Fill Ups” Pays for NFT in Money Saved!
BACKEND: What We’re Doing
YEAR ONE AGREEMENT: $50,000,000
- 6,250,000gal × $0.5 = $3,125,000
- $0.50/gal saved goes to Revenue Sharing Pool
- $7.50 × 6,250,000 = $46,875,000
- $7.50 remaining cost of hypothetical $8 value goes to:
- 05% to Fuel Company: $2,343,750
- 90% to Future Fuel Purchases: $42,187,500
- 05% AFBN Revenue Sharing Pool: $2,343,750
156,250 total “Fill Ups”. 31,250 “Fill Ups” available of each grade.
YEAR TWO AGREEMENT: $42,187,500
- 5,273,437gal × $0.5 = $2,636,718
- $0.50/gal saved goes to Revenue Sharing Pool
- $7.50 × 5,273,437 = $39,550,777
- $7.50 remaining cost of hypothetical $8 value goes to:
- 05% to Fuel Company: $1,977,538
- 90% to Future Fuel Purchases: $35,595,699
- 05% AFBN Revenue Sharing Pool: $1,977,538
131,835 total “Fill Ups”. 26,367 “Fill Ups” available of each grade.
YEAR THREE AGREEMENT: $35,595,699
- 4,449,462gal × $0.5 = $2,224,731
- $0.50/gal saved goes to Revenue Sharing Pool
- $7.50 × 4,449,462 = $33,370,965
- $7.50 remaining cost of hypothetical $8 value goes to:
- 05% to Fuel Company: $1,668,548
- 90% to Future Fuel Purchases: $30,033,868
- 05% AFBN Revenue Sharing Pool: $1,668,548
111,236 total “Fill Ups”. 22,247 “Fill Ups” available of each grade.
YEAR FOUR ARRANGEMENT: Replenish and Resign
What This Means in 3 Years
Target | USD Amount |
Revenue Sharing Pool | $13,976,285 |
Fuel Company | $5,989,836 + difference + 20% spill over |
Holder Savings | $7,986,449 |