Creator Earning Model

Creators are at the center of Frak. Users keep interacting with their content on platforms but few platforms reward them at fair value.

Creators get paid in two ways :

$FRK Earning

Each unit of content consumed within the ecosystem gives Creators the right to earn $FRK. The amount of $FRK earned is calculated following the formula below. It is based on the number of Fraktions minted.

$$n_{k}=B_{Creator}(w) \times \beta_k \times CCU_k \times TPU\times \xi_k$$

$n_k$: number of $FRK earned for the Fraktion holder k ​$B_{Creator}$: Creator’s badge coefficient (defined here) $\beta_k$: Earning factor for the fraction holder $k$ depending of the rarity of the Fraktion

Profitability	beta
Diamond	2
Gold	1
Premium	0.5
Common	0.1
Free	0.01

$CCU_k$ : Number of Consumed content Units (Content Played for video and audio, Content Read for text) by the fraction holder k $TPU$: $FRK per $CCU$ (see here) $\xi_k$: Content support factor depending on the support of the content

Support	xi
Video (not music, video Twitch)	2
Podcast	1
Music	0.2
Twitch	1

Total Number of FRK earned

Then the Total Number​$N_{\$FRK}$ of $FRK earned is defined like below:

$$N_{\$FRK}=B_{Creator}\sum_{k \in T}\bigg(\beta_k \times CCU_k \times TPU\times \xi_k \bigg)$$

​Maximum of tokens minted at the end

Revenue Sharing

For every subscribers who consume one piece of Creator Work, Creator earn a share of the subscription fee depending on this subscriber’s whole consumption during a Standard Period.

A Smart Contract is coded to allow Creators to get paid directly on their wallet.

At first, it considers an ensemble $E_j$extracted from U (all users) containing all the n users $u_{ij}$who made a Qualified Interaction with the Content Work j (ie the Number of Consumed Content Units of Creator Work j by User $u_i$ is positive) :

$$E_j=\{u_{ij} \in U | CCU_{ij}>0\}$$

For a given User $u_i$, the share of revenue received by the Creator of the Creator Work j is :

$$SR_i \times \frac{CCU_{ij}}{CCU_i}\times(1-Fee)$$

Where

$SR_i$ : means the revenue actually received by Sybel, directly connected to providing a Paid User access to the Sybel subscription service, including direct subscription fees and indirect subscription payments received via third party co-operations, excluding VAT and other governmental taxes and fees and deducted payment services charges. If the User ui is a free user, $SR_i$ = 0 $CCU_{ij}$: Number of Consumed Content Units of Creator Work j by User i $CCU_i$: Total Consumed Content Units by User i $Fee$: Fees charged by Sybel going to $FRK Ecosystem (see below). Originally set at 30%

Thus, the all revenue earned by a Creator for a Creator Work j is:

$$\sum_{i\in E_j}^{}SR_i \times \frac{CCU_{ij}}{CCU_i}\times(1-Fee)$$