Economics

While the Codo Community is set up as A non profit Organisation (more specifically a Wyoming DUNA) there is a financial model around fee collection. In short:

  • Every Task that is being accomplished on Codo is subject to a low fee (currently 4.5 %).

  • Fees are collected via the Project Smart Contract

Codo's Income is distributed to the Codo Project's contributors, the Governance participants and to the larger Community by way of Grants. A fraction is also retained for the operation of the Project.

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