Issuer: THE CR SPORTS CONSULTING GMBH ("TSM")Revenue Participation: The ‘HQ' tokens represent revenue participation rights of TSM. All rights in connection with the revenue participation right are linked to the possession of the token.
Holders of "HQ" tokens participate in TSM's revenue derived from the 33,000 MAIN NFTs as disclosed in TSM's most recent income statement. HQ token holders have a total 10.5% interest in TSM's issuer "revenue". As there are 500 HQ tokens in total, this means that each individual HQ token participates in 0.02772% of the revenue of the entire TSM company.
TSM calculates the revenue on a quarterly basis according to the revenue (Umsatzerlöse) stated on TSM's latest profit and loss statement under the sub-entry entitled ‘HQ' tokens or similar.
Distributions: Revenue is distributed on a quarterly basis in Ether (ETH) or Concordium (CCD) to the respective addresses where the tokens are located as at 23:59:59 CET on the last calendar day of each calendar quarter. TSM has to distribute the revenue within 15 days from the end of each calendar quarter.
Terms and conditions apply. Further information can be found at https://the-sports-museum.io/tokenholder-relations.