Potential long-term revenue is generated for Creators whenever a Fan sells their CRT. The Creator will receive a royalty each and every time their CRTs are traded in the GigaStar secondary market (expected to launch in 2024.)
When a Fan trades a token in the secondary marketplace, the price they will receive will be based on what others are willing to pay for the CRT at the time of sale. The Creator will get a royalty (a 2.5% transaction fee each time the token trades, regardless of the price.) The higher the price traded in the secondary market, the greater the transaction fee the Creator will receive from the sale.*
* Royalty is defined as the 2.5% of a 5% transaction fee the Issuer receives each time the Channel Revenue Tokens ("CRTs") are traded in the secondary market. A CRT is a digital representation of a security issued under Regulation Crowdfunding by GigaStar Portal LLC. CRTs cannot be traded or transferred for 12 months following their issuance. The GigaStar secondary market trading platform is anticipated to launch in 2024. CRTs are inherently speculative, risky, and illiquid and there is no guarantee of a secondary market.