Honkenomics

When you mint a HonKling, your payment is automatically split between the project treasury and the parent NFT owners.

Buyer
Minter
1.0 XCH
Base Price
pays
Smart Contract
SplitXCH Puzzle
1.0 XCH
- 1.5% fee
Project
Treasury
90%
0.90 XCH
Wallet 1
Recipient 1
45%
0.45 XCH
Wallet 2
Recipient 2
45%
0.45 XCH
NFT Owner
Parent A
7%
0.07 XCH
NFT Owner
Parent B
3%
0.03 XCH

* SplitXCH takes a 1.5% service fee from the total amount

Popular parents cost more to breed. The price increases based on how many times the most-used parent has been bred before.

Example Scenarios

Fresh Parents
Parent A 0 uses
Parent B 0 uses
Base 1.0 XCH
Surcharge —
Total 1.0 XCH
Popular Parent A
Parent A 5 uses
Parent B 2 uses
Base 1.0 XCH
Surcharge +0.5 XCH
Total 1.5 XCH
Popular Parent B
Parent A 7 uses
Parent B 8 uses
Base 1.0 XCH
Surcharge +0.8 XCH
Total 1.8 XCH

Price Chart

0 uses 1.0 XCH
1 use 1.1 XCH
2 uses 1.2 XCH
3 uses 1.3 XCH
4 uses 1.4 XCH
5 uses 1.5 XCH
10 uses 2.0 XCH
20 uses 3.0 XCH

Price is based on the more popular parent (whichever has more uses)

When a HonKling is resold on the secondary market, 12% goes to royalties — split between the artist and the original minter.

New Owner
Buyer
10.0 XCH
Example Sale
pays
Previous Owner
Seller
88%
8.80 XCH
Smart Contract
Royalty Splitter
12%
1.20 XCH
Fixed Wallet
Artist
50%
0.60 XCH
Original Creator
Minter
50%
0.60 XCH

* Royalty splitter also uses SplitXCH (1.5% fee applies)