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Updating arch-0049 #263

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Dec 14, 2023
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Updating arch-0049 #263

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2 changes: 1 addition & 1 deletion ARCs/arc-0049.md
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Expand Up @@ -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.
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