TokTok - Web3 Short Video Social Platform
  • Foreword
  • What is Toktok
  • Opportunities for KOL and fans
    • Opportunities for KOLs
    • Opportunity for fans
  • Creator Token
    • Each creator has a corresponding token
    • The price curve of creator tokens
    • Creator Rewards
  • Minting NFT
  • Content subscription
  • How to join TokTok
  • Token information
  • Laws and Regulations
    • Legal issues of tokens
    • Regulations
    • Security and Audit
  • Risk Warning
    • Policy risks
    • Regulatory risk
    • Coordinate risk
    • Technical risk
    • Security risks
  • Disclaimer
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  1. Creator Token

The price curve of creator tokens

PreviousEach creator has a corresponding tokenNextCreator Rewards

Last updated 2 years ago

Creator tokens are scarce, and the system allocates 1 million by default . As more and more people buy creator's " creator tokens", the price of the tokens will rise faster and faster . Below is a graph of the price change of Creator Tokens as a function of the amount of Creator Tokens in circulation in a given account.

According to the price curve above, as more and more tokens are purchased, it becomes more and more expensive. The funds that users use to buy tokens are "locked" in the account in exchange for tokens. On the other hand, if a user wants to sell tokens, the account uses locked funds from previous purchases according to the curve. Thus, buying generates tokens while pushing up the price and locking funds in the account, while selling destroys tokens while lowering the price and unlocking funds from the account. This is often referred to as an "automated market maker" and is the same concept that powers protocols like Uniswap and Bancor .

PriceinTT =0.003 ∗ CreatorCoininCirculation^2