CSR Initiatives Scheme

Crypto is about giving back. At the core of the Cubix team is its mission to direct CSR initiatives. The team strongly believes in giving back to the community and the less fortunate.

To this end, the company has established the Cubix foundation, and 100% of the funds raised and collected via the Cubix foundation will be reinvested to various causes. These causes include a number of open orphanages, women empowerment movements, as well as feeding and housing children in Africa.

Certainly, the company’s objective is to generate a profit, but the team recognizes that helping and making money don’t have to be mutually exclusive endeavors. As a company, Cubix will make available limited special edition NFT cards of legendary players and various notable sportspersons and winning gaming moments.

From these sales, 100% of the proceeds will go to the foundation, to be redirected to charitable causes. As the managing VC fund partner put it, “We do our little bit to make the world a better place. We’re passionate about this. We don't just say so.”

Via the Cubix foundation, the VC fund partner is working closely with 2 to 3 NFT projects that support several causes. To give readers an idea, one such project entails empowering the world of women. Each NFT will feature 1 woman from every nation, showcasing the nation’s lifestyle, food, and so on, while promoting body positivity.

The CSR scheme is to gather 10% of the platform fees, of which 3% will be redistributed to CSR causes, 2% will be burned until 250 millions of Cubix Token is reached, and the remaining 5% will be delegated to funding further improvements to the platform for an enhanced user experience.

NFT terms of ownership / user agreement / NFT license :

CUBIX Fantasy Sports cards can grant the rights for general use as well as for commercial use:

  1. a personal license to buy, trade, and sell the NFT; and

  2. a commercial license to .

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