Key Pricing Mechanics

Keys are priced on a curve and have value accrual properties

Creator Key Pricing

The price of Creator Keys follows a dynamic pricing model that adjusts based on supply and demand. The price increases as more keys are minted and decreases as more keys are consumed or sold, creating a natural market equilibrium.

Pricing Curve

All creators share a standardized pricing curve defined by the following formula:

Purchase Price=(Supply+Amount)ASupplyAAB+CAmount\textit{Purchase Price} = \frac{(Supply + Amount)^{A} - Supply^{A}}{A * B} + C * Amount

Whereby,

  • Supply: Total number of creator keys in circulation

  • Amount: Number of keys being purchased

  • A, B, C: System constants

In v1.0, all Creator Keys will be confined to the following constants:

  • A = 2.0 (Curvature)

  • B = 150,000 (Base Divisor)

  • C = 0.001 (Linear Factor)

Future Developments

In future upgrades, customizable Pricing Curves with guidelines will be available for creators to optimize for their reach to fans, either exclusively and/or broadly.

Fee Distribution

As Creator Keys come with built-in fee distribution mechanisms:

  • 1% from key trading volume fees

  • 10% from creator revenue fees

These mechanisms ensure aligned and sustainable value creation for fans from creators.

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