How it works

Passes

A pass is an NFT that owns a fixed share of one coin's creator fees.

When a coin is registered on Cassa, its fees are cut into passes. Each pass is an NFT with:

One coin. It only ever earns from that coin.
A share. For example 50%. It never changes.
Its own balance. What it has earned but nobody has claimed yet.

A Cassa fee pass — One coin, three passes. Each one is its own NFT and can be held or sold on its own.

A Cassa fee pass — One coin, three passes. Each one is its own NFT and can be held or sold on its own.

Rules that never change

Number of passes: 1 to 10 per coin, chosen once
Shares: Fixed at registration, always add up to 100%
Who gets paid: Whoever holds the pass when it's claimed
Earnings: Stay with the pass, not with a person

That last rule is the important one. Fees belong to the pass. If a pass changes hands, everything it hasn't paid out yet goes with it.

What's on a pass

The picture is drawn live by the contract, so it's always current:

The ticker and share.
The four coins of the logo, filled to the pass's share. Each coin is 25%, so a 50% pass shows two full coins.
Waiting. What it can claim right now.
Lifetime. Everything this pass has earned since the coin started, including what earlier holders already claimed.
A status label. Shows For sale while listed, or Held for X while it waits for an X account.

Wallets and marketplaces show the same picture.