Appendix
Learn More About the Team and Clarify Terms
Last updated
Learn More About the Team and Clarify Terms
Last updated
Service Modules: The different kinds of services you can request
Service Request: A submission by a Builder to solicit a service from a Service Provider
Lead(s): The request from a Builder
Matches: Leads that a Service Provider accepts.
Linked Parties (LPs): When a Builder and Service Provider both accept the match in Serious AMM and open up communication to negotiate a deal.
Discussing: A tab in every users profile to showcase which parties they are currently in negotiations with.
Engaged: A tab in every users profile to showcase which parties they are currently working with.
Complete: A tab in every users profile to showcase which parties they have completed work with.
Volume: The total dollar amount of closed deals flowing through Serious AMM
Constant Business Formula: The algorithm we are building to fill requests and distribute deal flow across all Service Providers, based on how well Service Providers perform, how well they reply, and how well they engage with the product.
Success Fee: 10% of all successfully closed deals will have the following breakdown - Acquisition & Referrals: 5%, Maintenance Fee: 2.5%, Developer Fee: 2.5%
Slippage: Linked Parties that do not close a deal 😂
Smart contracts: Future improvements to the platform 😉
Service Providers: Anyone who provides a service on Serious AMM. See for more detail.
Builders: Anyone who is building a project. See for more detail