KAP Games collects publishing and distribution fees from games on its platform and services, as well as a fee from in-app purchases and microtransactions inside of its games.

KAP Games is a web3 gaming distributor, publisher & studio, specializing in browser and mobile-native experiences. KAP Games was founded by the Kapital Foundation and launched in 2022.

KAP tokenholders own and govern the protocol. They currently take all of the total publishing and distribution fees (revenue). Kapital DAO's investors include Polygon Ventures, Wintermute Ventures, Yield Guild Games, etc.

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KAP Games

# KAP Games Supply-side fees Methodology

## 1. Overview

KapitalDAO supply-side fees represent the portion of total fees that would be distributed to liquidity providers, token holders, or other supply-side participants. However, KapitalDAO's business model retains all fees at the protocol level, resulting in zero supply-side fees. This metric establishes the time series structure and confirms that no fees are shared with supply-side participants.

## 2. Data sources

- **Ethereum token transfer events**: Parsed `Transfer` events showing ERC20 tokens sent to KapitalDAO's multisig address
- **Ethereum native transaction flows**: ETH flows to KapitalDAO's multisig address from transaction data
- **End-of-day token price feeds**: Daily closing prices for converting token amounts to USD values
- **Token metadata**: Decimal place information for proper token amount calculations

## 3. Step-by-step calculation

### Component A: Token fee collection
- **Purpose**: Identifies all ERC20 token fees received by KapitalDAO from gaming organizations
- **Logic**: Filters Ethereum `Transfer` events where the recipient address matches KapitalDAO's multisig address (`0xfa3df5c014bbd5a6a6d1047b82331917c3f9bb9d`). Each transfer represents a fee payment from gaming organizations using KapitalDAO's platform. All transfers are classified under the gaming business sector with game business segment.
- **Key fields**: `block_timestamp` for timing, `token_address` for identifying the fee token, `value` for the transfer amount, and recipient validation through `to_address`

### Component B: Native ETH fee collection  
- **Purpose**: Captures native ETH fees paid to KapitalDAO's multisig address
- **Logic**: Extracts positive-value ETH flows to KapitalDAO's multisig address from Ethereum transaction data. Only positive flows are included to capture incoming payments. These represent fee payments made in ETH rather than ERC20 tokens.
- **Key fields**: `block_timestamp` for timing, `account_address` matching the multisig, `value` for ETH amount (filtered to positive values only)

### Component C: Fee aggregation and conversion
- **Purpose**: Combines all fee sources and converts to standardized USD values
- **Logic**: Unions token transfers and native ETH flows into a single dataset. Truncates timestamps to daily boundaries for daily aggregation. Converts all token amounts to USD using end-of-day price feeds and applies decimal corrections based on each token's metadata to ensure proper unit conversion.
- **Key fields**: Daily `timestamp`, `chain_id` for Ethereum, `token_address`, and USD-converted `fees` amounts

### Final aggregation
- **Combining components**: All fee sources (token transfers and native ETH) are combined into total fees, then aggregated by day, chain, and business classification
- **Currency conversion**: Token amounts are converted to USD using end-of-day price feeds, with decimal corrections applied based on token-specific metadata
- **Time aggregation**: Fees are aggregated to daily boundaries using timestamp truncation
- **Final calculation**: Supply-side fees are explicitly set to zero (0) regardless of total fees collected, reflecting KapitalDAO's business model where all fees are retained by the protocol rather than shared with supply-side participants. The finalization process ensures proper schema compliance and fills any data gaps with zeros.

*This methodology was automatically generated by Token Terminal's methodology analyzer.*

Portion of fees distributed to service providers or supply-side participants.

KAP GamesKAP

Supply-side fees

Supply-side fees

Competitive landscape

Chain breakdown