Definitions of Terms

Total Raise
‍The "total raise" is the total amount of money a player aims to raise during a fundraising campaign. This amount is reached once the player sells all of their tokens. Essentially, the total raise is the sum of money the player receives for investing in their career.

‍Prize Money offered
‍This term describes the total share of prize money a player commits to distribute to investors through the fundraising campaign. Achieving the full "total raise" amount means the player will also distribute the entirety of the prize money offered. Conversely, if the player raises only half of the "total raise" amount, they will give away only half of the promised prize money.

‍Price per Token
‍Each fundraising campaign of a player is divided into three distinct categories of shares, known as Bronze, Silver, and Gold tokens. The "price per token" corresponds to the cost associated with each of these different categories or classes of shares.

‍No. of Tokens
‍Refers to the total count of shares, also known as tokens, being sold by the athlete.

‍Payback start
‍The "payback start" refers to the specific ranking a player must achieve before the payback mechanism and contract are activated. Players are required to start repaying their offered prize money only after reaching this ranking threshold: the top 150 in the ATP for men and the top 150 in the WTA for women.

‍Payback period
‍The "payback period" is the time frame during which a player commits to repaying their prize money, after the payback starts.

‍Earnings Threshold
‍The "earnings threshold" is the combined amount of prize money from singles and doubles earnings that an athlete must earn during the payback period and after the payback starts. This amount is necessary for investors to reach the break-even point on their investment. In other words, this threshold represents the valuation of the player throughout the duration of the payback period.