Club Owner Responsibilities

As a club owner, you play a crucial role in managing and overseeing the operations of your club. After creating a club, there are several key responsibilities that fall under your purview. Let’s explore them step by step:

1. Wallet Management

In the wallet section, the club owner has three primary options for managing funds:

i) Transfer to Club Wallet The club owner can transfer funds from the master wallet to the club wallet. The club wallet amount is utilized for various club-related expenses and activities. Ensure that there are sufficient funds in the master wallet before transferring to the club wallet.

ii) Transfer to Master Wallet The club owner can move funds from the club wallet back to the master wallet. The master wallet serves as the central pool of funds for the entire club.

iii) Transfer to Members Wallet In this section, the club owner can transfer gems to his club member.

2. Transaction Monitoring

Each club has its own wallet, and the club owner can monitor all wallet transactions in the transaction section. Regularly review transaction records to track inflows, outflows, and any discrepancies. Transparency and accuracy are essential for maintaining financial health within the club.