> For the complete documentation index, see [llms.txt](https://founderz-dao.gitbook.io/founderz/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://founderz-dao.gitbook.io/founderz/web3-startups/chubie.md).

# Chubie

Founderz's first web3 startup

## What is Chubie?

![](https://1890330182-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FrD3IrgLfT2F2VAZZnuw4%2Fuploads%2F58g0DqoitSjznG8M7BnQ%2FLinkedIn%20copertina.png?alt=media\&token=d22cb4be-d40e-486f-9797-cc7cd12e353d)

Chubie is a marketplace where you can mint Time NFTs of your favorite Content Creators to earn a personalized video, a 1:1 call or a metaverse meeting.

## How does Chubie work?

The VIP ( Influencer, Youtuber, Streamer, TikToker, etc. ) **drop** a collection of time NFTs to be minted at a selected price.&#x20;

The minting user can now decide whether to resell or redeem the tNFT to obtain a metaverse meeting, a custom video or a 1:1 call with the VIP.&#x20;

Some tNFT will be "rare" and once redeemed will generate an **additional VIP NFT** \[ vNFT ] with unique utilities that he/she can resell or collect.

## Business model

Three different income streams directly to the Founderz DAO treasury pool:

1. **20%** of tNFT mint price will go to the Founderz Treasury Pool
2. **8%** royalty fee on any resell of tNFT divided as follows: 3% Founderz TP  5% tNFT Creator
3. **10%** royalty fee on any vNFT resells divided as follows: 3% Treasury 3% vNFT Artist 4% VIP

## Find out more

Visit [chubie.xyz](https://chubie.xyz)&#x20;
