Payout Solution
Current and Future custody solutions
Enable Games has created a ground-breaking self-custody and payout solution which satisfies and exceeds all requirements for a auditable, reliable and transparent custodian function to succeed. Optimal utilization of a wallet-structure allows incoming funds to be routed, held and paid out efficiently and transparently. As scale of our footprint increases, an external custodian will be employed to be responsible for this function.
Structure
mermaid flowchart per Yev/Ravi
Flow
Players can purchase a game ticket for the P2E feature of SRB, purchase different flavors of a NFT for a F2P version of SRB or....................... do both! Player are able to transact in fiat or USDC and the uniquely created multi-wallet structure allows flow of funds into dedicated wallets to allow seamless payouts(to players and the Enable Games).
________I suggest we delete the language below__________
A custodian in finance is a financial institution, usually a bank or trust company, that holds and safeguards financial assets on behalf of clients. The primary purpose of a custodian is to protect their clients' assets from being stolen, misplaced, or mishandled. The custodian can also provide additional services such as record-keeping and accounting.
The main benefit of having a custodian is asset protection. By entrusting your financial assets with an experienced professional, you are protecting them from theft and other risks associated with investing. The custodian also keeps independent accurate records of all transactions involving the client's funds, which is important for tax purposes and other audit purposes. Additionally, custodians often have access to more secure and diversified investment options than individuals may have on their own.
________I suggest we delete the language below__________
When funds are transferred to the game wallet, they are sent directly to the custodian responsible for distributing rewards. This operational approach ensures the highest level of integrity, safety and independence for all parties involved.
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