🔑Pass

Tikko users can create their own Room within the platform and become Influencers. Creating a Room doesn’t incur any fees.

Once a Room is created, anyone can enter it by purchasing at least 1 Pass. Each Pass serves as an entry pass into an Influencer’s private telegram chatroom.

Influencers don’t need a Pass to enter their own Room and they can buy their own pass.

Pass pricing follows a specific Bonding Curve formula:

• P represents the price of a Pass.

• S represents the current supply of Passes.

Proceeds from transaction of Passes, whether is bought or sold, will be locked in a Bonding Curve Pool and the value locked in this pool will increase or decrease with the buy or sell transactions.

On top of the Pass price for buy or sell for a particular Room, there’s a 10% transaction fee charged by the protocol, half of which goes to the Creator and the remaining goes to the protocol.

Here’s an example to clarify, when there are 20 Passes in circulation for a particular Room:

• Buying the 21st Pass costs 10 TON plus an additional 10% Tax fee (1 TON).

• Selling the 21st Pass also fetches 10 TON but involves a 10% Tax fee (1 TON).