The song market
On a buy, the rest of your trade enters the song’s market vault and sets the price. On a sell, it is what you receive.
CHART ECONOMICSOne fee.
One fee.
Two destinations.
Every buy and every sell on CHART carries the same 1.25% fee. The program splits it in the same transaction — part funds CHART, part goes to the people behind the music.
1.25%per trade
- 0.75% CHART
- 0.50% Creator Reserve
FEE CALCULATOR
See exactly where your money goes.
Calculated with the same rounding the on-chain program uses, to the cent.
Illustrative — network fees are separate.
- Enters the song market
- $98.75
- CHART fee · 0.75%
- $0.75
- Creator Reserve · 0.50%
- $0.50
- Total fee · 1.25%
- $1.25
WHERE EVERY DOLLAR SITS
Three destinations, all on-chain.
CHART
CHART’s fee in every song market. No song-token allocation, no song-token sales, no profit from song-token price moves.
Creator Reserve
Set aside in that song’s own reserve account for its verified rightsholders — 40% of every fee.
About the Creator ReservePRICE DISCOVERY
Prices follow a transparent curve.
Each song starts at the same price. Buying moves the price up the curve and selling moves it down, so early conviction is visible in the market. When a song reaches a $50,000 market cap it graduates: the virtual floor is removed, surplus tokens are locked for good, and trading continues on a pool backed only by real reserves — without a price jump.
Market mechanics in the whitepaper- tokens per song, fixed at launch
- 100,000
- launch price per token
- $0.01
- minimum first buy to launch
- $2
- market cap at graduation
- $50,000
- of buying to graduate
- ≈ $6,148
- default slippage protection
- 1%
The Creator Reserve is not a token return.
The reserve is funded by fees and is set aside for verified rightsholders. Token holders do not receive it, and it does not depend on prices. Song tokens are speculative market positions — not ownership of music, royalties or revenue.