Merge pull request #263 from algorandfoundation/arc-0049-update

Updating arch-0049
algorandfoundation · Dec 14, 2023 · 485aefb · 485aefb
2 parents 8d15870 + 2b55569
commit 485aefb
Showing 1 changed file with 1 addition and 1 deletion.
diff --git a/ARCs/arc-0049.md b/ARCs/arc-0049.md
@@ -25,7 +25,7 @@ NFT marketplaces applying for this program:
 
 ### Allocation of rewards
 - Rewards will be allocated proportionally based on volume for each qualified NFT marketplace.
-- For qualifying marketplaces with more than 50% of total NFT marketplace volume, rewards will be capped at 50%.
+- For qualifying marketplaces with more than 50% of total NFT marketplace volume, rewards will be capped at 35%.
 
 ### Requirements for initiatives
 1. The rewards (ALGO) must ultimately go to NFT collectors/end users and creators.