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>Inputs>Output>
Sensitivity
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Start datemar.-23Discount Rate30%Discount Rate
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Land price $ - Perpetual Growth Rate5%#REF!20%25%30%35%40%
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Royalty Rate per user [PRIMARY]100,0%Perpetual Growth Rate3%(13.598.714)(9.388.651)(6.860.926)(5.212.943)(4.077.048)
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Royalty Rate per user [SECONDARY]0,0%4%(14.287.950)(9.733.302)(7.054.814)(5.330.925)(4.153.019)
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Advertising revenue first year $ - o
As of Jan-2023 [all governance token holders]
5%(15.069.083)(10.112.418)(7.264.213)(5.456.772)(4.233.331)
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Hosting cost per user $ 0,6 NPV Explicit Cash Flow#REF!6%(15.961.807)(10.531.441)(7.491.062)(5.591.298)(4.318.366)
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Fan share0%NPV Terminal Value#REF!7%(16.991.872)(10.997.022)(7.737.637)(5.735.434)(4.408.556)
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Rev share to partners0%Enterprise Value#REF!
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Corporate Income Tax21%EV/Revenue 20250,00x
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Sales taxon top ofEV/EBITDA 20250,00xLand Price
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#REF! 1.000 1.500 2.000 2.500 3.000
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Land count - Royalty Rate per user6%(7.264.213)(7.264.213)(7.264.213)(7.264.213)(7.264.213)
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e-sports - o
As of Jan-2033 [all governance token holders]
7%(7.264.213)(7.264.213)(7.264.213)(7.264.213)(7.264.213)
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Creators - Terminal Value#REF!8%(7.264.213)(7.264.213)(7.264.213)(7.264.213)(7.264.213)
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Sports - EV/Revenue 20250,00x9%(7.264.213)(7.264.213)(7.264.213)(7.264.213)(7.264.213)
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Fan zone - EV/EBITDA 20250,00x10%(7.264.213)(7.264.213)(7.264.213)(7.264.213)(7.264.213)
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>Graphs [in million except land]
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