Every seal is mined in your browser, and every seal mined after yours pays you. Seal #1 costs 0.0001 ETH. The price only climbs from there.
Seal #1 costs 0.0001 ETH, #1,000 costs 0.05, #2,500 costs 0.25; the price climbs with every seal. When one is mined, 70% of its price is split between every seal that already exists. So seal #1 is paid by every seal after it, and seal #2,000 by only a few.
| Seal | Costs | Collects | × |
|---|
Each seal is drawn by the contract from the hash you find. Every extra zero bit beyond the target halves the odds, and the wax shows it.
What your seals have earned waits in the contract until you claim it. Sell a seal and its unclaimed rent stays yours, not the buyer's.
Mine it. Connect a wallet and press Mine a seal: your browser searches for a hash under the target, about 15–25 seconds on a laptop at the start. When it finds one, the seal mints to your wallet at the current price. There is no other way in: no buying without mining.
Seal #1 costs 0.0001 ETH, #1,000 costs 0.05 and #2,500 costs 0.25. The price rises a little with every seal, so the next one is always the cheapest it will ever be.
Every mint after yours puts 70% of its price into a pot split equally between all seals that exist at that moment. Early on that's about 0.000015–0.00002 ETH per seal for each later mint, rising to about 0.00007 near the end as prices climb. Seal #1 collects from every seal after it; the chart above shows the rest. It's real ETH from real mints, and it only comes if people keep mining.
Yes. Seal #1 needs 24 zero bits of work, about 15–25 seconds in a laptop browser. Every 400 seals the target gains one bit, so the work doubles: around #1,000 it's about a minute, by #2,000 several minutes. The early seals are the cheapest and the easiest to find.
Every solution is tied to your address and to the last mined seal. When anyone mints, the puzzle changes for everyone and your browser starts over on the new one automatically. Nobody can mine ahead of time or use someone else's hash.
Its unclaimed rent stays with you; the buyer starts collecting from the next mint. Forgetting to claim never costs you.
25% of every mint goes into a fund that buys $CACHET on its Pons curve and sends it to the dead address. Anyone can push the fund through at any time; the button is above. If $CACHET ever leaves the curve, the creator buys and burns on the DEX by hand.
Yes. The contract draws each seal from its hash and returns it from tokenURI. No server, no IPFS. The picture you see when you find a seal is the one you get.
70% of every mint to earlier holders, 25% to the $CACHET buy & burn, 5% to the creator. The creator also earns the usual Pons trading fee when $CACHET trades.
No. Seals pay rent only while people keep minting; nobody knows how many will. Prices rise with every seal and you can lose what you put in. $CACHET is a memecoin with no promised value.