Frak White Paper
ResourcesCreator DashboardDownload Extension
English
English
  • Overview
  • Smart-Contracts and Audit
  • Essential Terms
  • Introduction
    • Context
    • Genesis
      • Who are we?
      • An algorithm to decentralize the content monetization
      • Why Frak?
      • How to enter Frak
  • THE EXTENSION
    • What is the extension for?
    • How to install the extension?
    • How to use it?
  • FRAK PROTOCOL
    • Wallets
    • Meet the Fraktions
    • Creator Work and NFT
      • Why NFTs on FRAK?
      • IP Certification
      • Revenue Sharing
    • Creator Work Minting
      • Initial Content Minting
      • Fraktion Price Index Formula
      • Fraktion Supplier
      • The gravity coefficient
      • Content Badge
      • Rights granted through the ownership of a Fraktion
    • Earning Model
      • Token Generator Factor
      • Creator Earning Model
      • User Earning Model
      • Creator's Pool
      • Referral Pool
      • Earning Caps
      • Ecosystem Fees and Royalties
      • Anti-cheating System
    • Tokenomics
      • Why a utility token
      • The token: $FRK
      • Hedging Against Inflation
    • Governance
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  • Free Fraktion
  • Initial Supply
  • New Supply
  1. FRAK PROTOCOL
  2. Creator Work Minting

Fraktion Supplier

PreviousFraktion Price Index FormulaNextThe gravity coefficient

Last updated 2 years ago

This function allows to fix automatically every week the new supply of fraktions for a given content and a given profitability

Free Fraktion

Free Fraktion are minted only once when a user is consuming the content for the first time. There is no supply before the minting.

Initial Supply

The number of Fraktions for the initial drop is the same for every content : Date 0

Profitability
Initial Drop
Initial Price

Common

20

FRK 90

Premium

7

FRK 500

Gold

3

FRK 1200

Diamond

1

FRK 3000

New Supply

Every week (Date 0 + 7 days), we check for every profitability if all the fraktions have been sold.

Case 1 : If all the fraktions haven’t been sold

No more fraktion are supplied

The price of the fraktions that haven’t been minted yet is recalculated depending on the algorithm decribed .

Case 2 : All the fraktions have been sold

New fraktions are supplied.

The number of new fraktions nwn_wnw​ supplied depends on :

  • the number of fraktions minted during the former week

  • the velocity at which the fraktions were minted

nwn_wnw​ is in the range of 80% and 200% of the number of fraktions minted the last week, ρw−1\rho_{w-1}ρw−1​.

Let tkt_ktk​ the timestamp when the fraktion kkk is minted

Let t0t_0t0​ the timestamp of the last weekly anniversary (when the new fraktions were supposed to be supplied the last week). t0=t−168t_0=t-168t0​=t−168.

t0t_0t0​ and tkt_ktk​ are set in hour

nw=mw−1×(80%+(200%−80%)×μw−1)n_w=m_{w-1}\times\bigg(80\%+(200\%-80\%)\times \mu_{w-1} \bigg)nw​=mw−1​×(80%+(200%−80%)×μw−1​)

where

μw−1=1−∑k=1mw−1(tk−t0)mw−1×24×7=1−(∑k=1mw−1tkmw−1−t0)×1168\mu_{w-1}=1-\frac{\sum_{k=1}^{m_{w-1}}(t_k-t_0)}{m_{w-1}\times24\times7}=1-\left(\frac{\sum_{k=1}^{m_{w-1}}t_k}{m_{w-1}}-t_0\right)\times\frac{1}{168}μw−1​=1−mw−1​×24×7∑k=1mw−1​​(tk​−t0​)​=1−(mw−1​∑k=1mw−1​​tk​​−t0​)×1681​

Example :

here