The WRKDUP SQUADDIES are the official ASA Collection for WRKDUP, minted on the Algorand Blockchain that act as the mechanism for our Owners-Klub dividends allocations & share representation percentages, for all holders.
WRKDUP DIVIDEND STRUCTURE:
Total ASAs: 3000
Available for Purchase: 2700 ASAs (90% share)
WRKDUP Team Shares: 300 ASAs (10% share)
Note: Team Shares are un-minted ASAs & fixed.
WRKDUP Ownership & Profit Share Breakdown:
OWNERSHIP REPRESENTATION:
Purchasing a WRKDUP SQUADDIE ASA, grants the Holder a 0.033% ownership share, per ASA held, in the WRKDUP Brand.
REVENUE GENERATION:
Revenue is acquired through sales of WRKDUP clothing & merchandise via our, WRKDUP Online Store.
PROFIT SHARE MECHANISM:
After accounting for costs, our profits are distributed via our KOMPOUND staking contracts, amongst SQUADDIES holders, with each receiving their total % Share, relative to their total staked SQUADDIE ASA holdings.
DIVIDENDS MODEL:
Similar to a REITs scheme (Real Estate Investment Trusts), WRKDUP profits are distributed on a % basis, Quarterly, as dividends to all participating WRKDUP SQUADDIE holders.
WRKDUP Legal Commitment Disclaimer:
WRKDUP is dedicated to upholding the highest standards of legal compliance as an international entity. We are committed to adhering to all applicable laws and regulations concerning the sale, distribution, and management of our ASAs and the associated profit-sharing mechanisms. This includes ensuring compliance with securities regulations, anti-money laundering (AML) policies, intellectual property rights, data protection laws, and other relevant legal frameworks across jurisdictions where we operate. Our aim is to provide a transparent, secure, and legally sound investment opportunity for our global community.
This statement conveys WRKDUP's intention to operate legally and responsibly on an international scale without getting into the specifics which would depend on local laws. For actual legal documentation, you'd need to consult with legal professionals to customize it to fit precise regulatory demands and investor expectations.
If you have any questions or would like to learn more, please reach out to us, through WRKDUP SUPPORT