ACADEMY
MODULE 11
LESSON 4
The Shareholder Model
Some IPOs give token holders a slice of future protocol revenue — usually from fees generated by the project (e.g., marketplaces or apps).
This is coded into the contract and defined upfront:
1% of fees might go to token holders
Holders can claim based on how many tokens they own
Rewards are on-chain and verifiable — no manual claims
You’re not just buying tokens — in some cases, you’re buying a share of future earnings.