Who’s who
Seller
Sets the price and the deadline, puts down a deposit and announces the reward up front—a share of the sale price
for supporters. If it sells, the seller gets back whatever hasn’t dripped yet plus 40–55% of what has, and pays the reward out of the price. If it doesn’t, the deposit
has dripped away to the doubters, and no reward is paid: there’s nothing to pay it from.
Supporter
Puts their own money into the shared “it will sell” pool—and is not only allowed to promote the lot
but has every reason to. If it sells, supporters split the announced reward by how much they put in × how long they held it. If it doesn’t, they
get everything back except the drop (a small share of the stake, fixed in advance, that goes
to the doubters) and the entry fee.
Doubter
Bets that the sale WON’T happen: freezes money against the lot.
If they’re right, they take what has dripped. If they’re wrong, they get their stake back in full and lose only the entry
fee and the time their money sat frozen. They can leave at any moment—the
stake comes back right away, and the share of the pot they earned before leaving stays theirs if the lot
never sells. That’s the price of their vote.
The platform (protocol)
Earns either way, but not equally. If the sale fails, it gets only fees.
If it sells, it also keeps the part of what dripped that didn’t go back to its owners (45–60%).
So a sale pays it more: in the Lamborghini example below, about $15,900 on a sale
versus $3,100 on a failure; in the demo lot, 0.156 ETH versus 0.018 ETH.
That’s by design: the platform earns when things sell, so it has a reason to bring in buyers. And it can’t confirm a sale on its own say-so: in the first version, the contract does that.
Both sides can make their case out loud—and both put money behind their words.
Supporters praise the lot so it sells. Doubters gain nothing by trashing the lot from day one:
their pot is also fed by the supporters’ drops—scare the supporters off and the pot shrinks.
So doubters tend to keep quiet until closer to the deadline.
Where the money flows
The seller has three separate money streams. Don’t mix them up—each one has its own job.
Sellerprice · deadline · deposit · reward—all announced up front
1 · Deposit
Drips bit by bit—continuously, at a rate set in advance, for as long as the lot is up. The whole stream
goes into the doubters’ shared pot.
→ to the doubters’ pot
2 · Reward—a share of the sale price
Announced with the lot and paid only if it sells, out of the sale proceeds.
Split among the supporters: whoever got in earlier and held longer gets more.
→ to supporters
3 · Fee
A percentage of the sale + a small cut of everything that dripped from the deposit.
On a sale, the platform also keeps the part of what dripped that doesn’t go back.
→ to the platform
The three streams form a closed system: whatever one side loses, another gains. Nothing is printed out of thin air.
The life of one lot
- Lot listed—the seller has announced the price, the deadline and the supporter reward; the deposit is locked in the contract.
- The sides take their positions—doubters freeze money against the lot, supporters bet on it and bring in buyers. You can join and leave at any moment: your stake comes back right away when you leave.
- The deposit drips—at a rate set in advance. The stream is split among the doubters by how much they put in × how long they held it.
- The finish—either a buyer shows up before the deadline or nobody does. There’s no third option.
✓ Sold before the deadline
- Seller: gets the price, minus the announced reward and the fee. Also gets back whatever is left of the deposit and part of what dripped: 40% for NFTs, 55% for expensive items.
- Supporters: split the announced reward by how much they put in × how long they held it; they get their stakes back almost in full, since the same 40–55% of their drop is refunded to them too.
- Doubters: don’t get the pot—they were wrong. But a doubter never loses a cent of their stake: stakes come back in full, and all they pay is the entry fee (plus their money was frozen while the stake was in).
- Platform: its fee on the sale + the part of what dripped that it keeps. That part is why buying from yourself doesn’t pay.
⏳ Not sold by the deadline
- Doubters: the pot becomes theirs—each gets a share by how much they put in × how long they held it, including those who left early. Being right pays.
- Seller: by the deadline the whole deposit has dripped away—all of it to the doubters (minus the platform fee). Pays no reward: there was no sale.
- Supporters: their stakes come back minus the drop fixed in advance—it went into the doubters’ pot.
- Platform: has already collected its fee on everything that dripped (the deposit and the supporters’ drops) along the way, plus the entry fees—and nothing more.
The key to honesty: both sides of the bet risk their time, fees and potential earnings;
supporters also risk a drop whose size is fixed in advance. Only one person risks the deposit itself: the seller,
backing their own claim. That’s what makes this a market that holds sellers to their word.
An example in dollars
Lamborghini
price $300,000 · deadline 45 days
This shows how it would work for things sold off the blockchain. The first version handles only NFTs and tokens
(to see why, read “Who confirms the sale”).
The dealer is sure: “It’ll go for three hundred grand within a month and a half, tops.” Too sure, a lot of people think.
dealer’s deposit $15,000—5% of the price, drips every day
announced supporter reward $15,000 out of the sale price
~$900,000
tied up in the bet: $300,000 “against” + $600,000 “for”
$15,000
supporter reward on a sale—split among all of them by how much they put in × how long they held it
$31,400
the doubters’ pot if it fails: the dealer’s dripped deposit $14,300 + supporters’ drops $17,100 (each gives up 3% of their stake); split by “how much you put in × how long you held it”
$24,000
what success costs the dealer (the reward, the platform fee, the part of the dripped deposit that doesn’t come back)—8% of the price, like a dealership’s commission
−$15,000
what failure costs the dealer: the whole deposit is gone—$14,300 to the doubters’ pot, ~$700 in platform fees
Supporter: a car blogger stakes $2,000, films a review and sends buyers over—their share of the reward grows with every day the stake stays in.
Doubter: a reseller who knows the price is 15% too high—freezes money against the lot and waits.
The honest truth about supporters
A small supporter is a vote, not a sales team. A blogger who staked $2,000 gets
a reward share of about $50 on a sale, about $30 net—that’s not payment for the review, it’s more like
a badge that says “I believed in this.” If the lot doesn’t sell, they lose the drop: $60.
Our own calculation showed that once there are five or more supporters, each one is individually better off
not trying and letting someone else make the sale. So sales are driven by a few large
supporters—the seller’s partners, big fans—for whom the reward share is worth the effort:
a supporter with a $100,000 stake gets a reward share of about $2,500, about $1,400 net.
A crowd of small supporters still helps: it’s a signal buyers can see—“people believe in this.” The fix—a separate
payment to whoever actually brought in the buyer—has been designed but isn’t switched on yet:
it changes the math for cheaters, so we’ll run the numbers first.