# Change over Time

## Fixed Governance & Allocations

As [**previously explained**](/docs/self-decentralization/how-it-works.md), CryptoArena is a hybrid legal entity, and Self-Decentralization is the automated process by which CryptoArena distributes incremental proportions of its platform-generated revenue back to the Users. This is achieved by moving portions of the outstanding supply, into the possession of CryptoArena Foundation, an entity that can't keep revenue, and must redistribute it to Users instead.

#### The Role of Security Tokens

The Security Tokens are at the same time: 

1. the **ownership shares** of CryptoArena (which include pro rata claims on profits & assets)
2. the "**beacon**" that indicates to our distribution blockchain where and how much to send
3. the **enforcers** of the terms that guarantee the outcome of the process

### The Beginning

Will begin concurrently with [**Launch**](/docs/roadmap.md) of our main platform. 

![Left is Non-Profit, Right is For-Profit](/files/-MVlac5Qkowirw7PtXLY)

#### Things to be noticed

#### 1. BV / Stichting

CryptoArena BV is the Holding Entity representing the collective of Holders of our security tokens. 

CryptoArena Stichting is an operating non-profit entity with predetermined, fixed governance:\
Its purpose is to operate the business "as a business", but it also must redistribute all net revenue it generates to the platform's Users, through the glory system. 

By predetermined and fixed, we mean that the rules and processes ensuring this are enforced both legally and practically through the use of smart contracts. 

#### 2. CryptoArena's ownership is split in half between 2 entities from day 1.

This serves the specific purpose of guaranteeing the delivery of our mission. The [**Stichting** ](/docs/structure.md)can't sell shares/tokens, or mint any, thus it is impossible to form a consensus large enough to have the authority to change the fixed terms. Once deployed, the self-decentralization process can't be stopped.

**3. The Allocations**

Of tokens represented in these charts determines the percentage of net revenue from all sources, that is directly allocated to each fund, from each [**primary distribution**](/docs/self-decentralization/how-it-works/distributions.md).

### The End

Self-Decentralization is achieved when Green has finished taking over the rest.

![End = Launch day + 10 years](/files/-MVqw2p7fbK1-dBmCMOg)

### How Change Happens

Visualizing it helps a lot - Check out this crappy little [**video**](https://youtu.be/w29OMmy5zY8)

#### The BBB is the Pivot

That causes change to happen progressively.

Whenever a Holder triggers this mechanism by "exiting", tokens are transferred from outstanding circulating supply, to the non-profit Stichting, whom in turn, automatically allocates them to increasing the weight of Revenue Sharing.

Holders can only claim their share of the [**BBB** ](/docs/self-decentralization/how-it-works/bbb.md)fund upon “Exit”, and is on top of the actual face value at the time of sale.  "Exit" refers to special transaction that happens by clicking a dedicated button in the UI.

This will execute a **market order**, by which the Holder sells his/her [**ARENA Security Tokens**](/docs/security-tokens.md) to [**CryptoArena Foundation**](/docs/structure.md) at the current market price. When this transaction is confirmed, automatically, you also "unlock" your share.

Holders may, alternatively, also sell their Tokens to other qualifying Users through a dedicated OTC market, however, in such case, the claim on the BBB does not trigger, and transfers to the new Holder – thus, if you do intend to, you’d better ask for a **premium** !


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