🪄Double-Tiered Profit-Sharing

As we meticulously sculpted the revenue sharing model of the Majik project, one thing became abundantly clear – the realm of cryptocurrency projects is teeming with competitors with identical models, making conventional revenue-sharing models seem less appealing. This realization led us to embark on a transformative journey.

In recognition of the high-frequency trading environment on the Majik platform, where transactions occur automatically and often involve smaller ETH values per trade, we made a strategic decision. We set a modest transaction fee, a mere 0.005%, a seemingly small number with profound implications.

However, in theory, this approach has the possibility to be remarkably more profitable. The high volume of transactions (buys and sells) on Majik, far exceeding those found in traditional user-generated-transaction projects that often involve more substantial ETH sums, allows the 0.005% fees to accumulate rapidly. This model thrives on the synergy between trading volume and fees, rather than fixating on the fee percentage itself.

We've ushered in a novel era by placing our focus firmly on transaction volume, birthing the concept of the rapid-fire autobuy/autosell Majik platform. This approach capitalizes on the sheer number of transactions, making every trade count and driving the platform's profitability to new heights, which we share with users of the $MAJIK token; $MAJIK holders receive 50% of fee revenue generated by the platform via the ability to claim their share of ETH on the platform.

But that's not all. In our commitment to transparency and sharing the success of Majik with our community, we've implemented a groundbreaking feature. Users receive an astounding 50% of the $MAJIK spent on acquiring additional bots and premium features, including the indispensable parameter backtesting tool. This unique double-tiered profit-sharing model empowers users, ensuring that they directly benefit from the platform's growth and success.

With these two facets, users receive:

• 50% of fee revenue generated by the platform, paid out in ETH

• 50% of $MAJIK acquired by the platform via users purchasing additional bots and premium features, paid out in $MAJIK