The team's finances will be a key part of achieving the goal of reaching professional soccer.
Of the 20 million tokens issued, 4 million have been set aside for team expenses. With a consolidated token and a high capitalization, these 4 million tokens should be enough to cover 4-5 seasons, however our goal should be to reduce the use of these tokens as much as possible to maximize the probability of success of the project. This is especially important in the first season, where the token will not yet have a very high capitalization and a large sale of tokens could harm the stabilities of the coin.
Thus, the first season the team's expenses will be obtained from corporate sponsorship and merchandising sales. In the event that this figure is insufficient to achieve a team that fights for promotion, the developers will complete this budget and only if the currency is stable or in case of force majeure will they resort to the partial sale of those 4 million tokens.
An ideal scenario is that products, services and even the salaries of players and coaching staff are paid in CRUTs. This would be key to avoid devaluing the currency with their sale and also to get more holders and more committed people. We will try whenever possible to make payments in CRUTs.
For all the reasons stated here, this wallet corresponding to the soccer team expenses is not blocked. As we have said, this is the wallet that we will use in the day to day expenses of the team: payment of players, equipment, referees and various expenses of the team, either directly in CRUTs or passing to fiat.
Token transactions carry a 3% fee. 2% goes to the liquidity wallet and 1% to an airdrop wallet that is currently used for marketing. Once the season starts, these airdrop tokens will be used to reward our holders and a reward system will be implemented. With each team victory the airdrop wallet tokens will be distributed to the holders proportionally.
It could be the case that the team generates profits if the sale of merchandising or advertising is high. In any case this income would go to the developers/founders and would be used as a reserve for the next season. In the case that these benefits were really big, we could study with the community to carry out an exceptional action such as the purchase of a place in a higher category.
As in any investment, company or project, anything can happen and the results may not be as expected. There will be objectives that will be met and others that, due to circumstances, cannot be met. There will be setbacks and unexpected joys. Of course, there is the risk that "the ball does not go in" or that the capitalization does not go along with it. All holders or investors in cryptocurrencies must be very clear that it is a high risk investment and the project may end due to lack of resources. However, we will do everything in our hands, together with the community, to make the project go ahead.
The developers have blocked the liquidity wallet and that of the founders for 3 years, thus ensuring our commitment to the project as we can not make use of these tokens until the team has not tried to get to professional soccer.
After those years each of the 4 founders will be able to dispose of their tokens as they wish, but today it is not our intention to sell the tokens, especially when we have achieved that milestone and we are so close to the first divisions of Spanish soccer where the presence of the team will skyrocket and our hundreds of hours and economic resources dedicated to the project will be rewarded handsomely.
In addition to the liquidity provided by the founders at the beginning of the project, 2% of each transaction will go to the liquidity pool.
One of the guarantees of the token and the liquidity is that many of the initial accounts come from part of our circle (family and friends) who bet on the project at the beginning and who will continue to invest over time, trusting us and the project. However, to avoid controversy and to ensure the viability of the project in the short, medium and long term, these tokens from our circle will be blocked for 3 years from the beginning of the project.