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

# P/F ratio (fully diluted) Methodology

## Overview

P/F ratio (fully diluted) measures the fully diluted market cap relative to annualized fees. It shows how highly the project is valued relative to the activity users are willing to pay for, regardless of whether the project monetizes.

${market_cap_fully_diluted} / (rolling_avg(${fees}, 30) * 365)

Fully diluted market cap relative to annualized fees.

KAP GamesKAP

P/F ratio (fully diluted)

P/F ratio (fully diluted)

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