Problem & Solution

Problem

• Projects and businesses need a lot of resources and capital to develop their own contracts, NFTs and NFT marketplaces. Especially during the startup phase, where resources and capital are very limited in most cases.

• Projects and businesses each individually need to maintain their own marketplace.

• Projects and businesses cannot focus on their core business (selling assets) when developing their own contracts, NFTs and marketplaces.

Solution

Passive Income introduces NFT as a Service (NaaS).

NaaS offers an NFT framework to support creating NFTs for a wide range of market sectors. Due to the framework that Passive Income has already created, it allows reliable NFT solutions to be developed faster and is much more cost effective than building a brand new marketplace from scratch. This also allows businesses to keep up to date with the latest cutting edge NFT technologies without having to finance the research and development needed to achieve their goals.

As part of negotiations with Passive Income’s NaaS clients, Passive Income stipulates that a percentage of total market volume is shared with PSI holders as compensation for delivering our services and products.

All products within the Passive Income ecosystem make use of the same fee aggregator. Fees from our NaaS clients are sent to a dedicated Passive Income deployer wallet. Once the deployer wallet reaches a certain threshold, the wallet market-buys PSI tokens and then distributes them fairly between all PSI holders. Each of these platforms may have a different percentage, but the income generated from Passive Income’s NaaS clients can be viewed as part of a dashboard in the PSIHUB.

Passive Income will stay true to its original vision of helping businesses, projects and investors around the world generate additional passive income through its applications and will be looking to release new NFT marketplaces for exciting new businesses on a regular basis.

The following figures are an example, used only to indicate the potential level of revenue that our NaaS service can generate for PSI holders.

• If 1 marketplace generates $100,000 in daily trading volume at a 0.5% revenue share, we will be able to redistribute around $15,200 a month

• If 3 marketplaces generate $250,000 average daily volume at a 0.5% revenue share, we will be able to redistribute around $114,000 a month

• If 7 marketplaces generate $350,000 average daily volume at a 0.5% revenue share, we will be able to redistribute around $372,400 a month

The above figures are all examples and not based on real-world figures, but hopefully illustrates the importance of ensuring that all of our NaaS clients succeed. Having successful clients means that Passive Income and it's investors will succeed as well, a mutual benefit!

By working with Passive Income on an NFT marketplace, businesses and projects can join the Passive Income ecosystem and our community will be the first to know when a new NaaS client signs with us. This allows active community members to buy tokens for these new marketplaces early on in development before marketing has begun.