MECHANISMS

How nocapy works

The token

$nocapy is a pump.fun coin on Solana (Token 2022, 6 decimals). Every trade pays a creator fee. The fee is split on chain by pump.fun fee sharing, set once and never changed: half to the holders wallet, half to the platform wallet.

Token mint: coming soon.
Holders wallet (H): coming soon.
Platform wallet (P): coming soon.

Holder payouts

Every hour a keeper reads every $nocapy balance, counts the smaller of the balance now and the balance an hour ago, excludes pools, vaults, team and locked wallets, burn addresses and exchange wallets, and pays every wallet holding at least 20 USD of $nocapy its share in SOL. There is nothing to claim. Amounts under 0.0005 SOL carry over. The rows are on the rewards page.

Burn to mint

The collection is 1,337 pieces on Metaplex Core with royalties enforced at the collection (5%). Minting burns $nocapy in the same transaction: the first 337 mints burn 50,000 tokens each, the next 500 burn 75,000, the last 500 burn 100,000. Burned tokens leave the supply. The api builds and simulates every mint transaction; the wallet signs it; the site never holds a key.

Collection: coming soon.
Candy machine: coming soon.
Burn and mint program: coming soon.

The platform pool

All platform income (the platform half of the creator fee, marketplace fees, launchpad fees and art tool fees) enters one pool. A keeper splits it: 40% to the 1,337 NFTs, paid hourly in SOL to the holder of each piece; 30% buys $nocapy on the market and burns it; 30% goes to the treasury that runs the platform.

Treasury: coming soon.

Marketplace

Listings escrow the piece in the market program, bids and collection bids hold SOL in the program, the buyer pays 2% on top of royalties, the seller pays 0%. Royalties are paid in full on every sale.

Market program: coming soon.
Fee vault: coming soon.

Launchpad

Other creators launch on the same candy machine pipeline: upload layers or a CID, set phases and guards in a form, sign the transactions in the browser. The server holds no key. Fees: 5% of SOL mint proceeds plus 0.01 SOL per mint, paid to the platform wallet.

Art tools

The layer builder and trait tools are free. Paid generation is priced in SOL and costs 20% less in $nocapy. Every $nocapy paid to the platform is burned.

Roadmap

Art reveal, launchpad and paid tools open on the dates on the roadmap page.

Notice

Everything above happens on chain. The program addresses, the fee split and the burn records are public. Payouts rise and fall with trading and platform activity. Nothing here is a promise of a return.

Network: Solana mainnet. Chain reads and sends from the browser go through the api gateway on this site; no third party url is called.