Room keys
Pricing, fees and rules for room keys.
Keys are room memberships, priced in USDG on Robinhood Chain. Buy or sell any time.
Pricing
Dynamic Pricing. Each buy raises the price, each sell lowers it. The next key costs the number of keys already issued, squared, divided by 4,000 (Casual), 40 (Club) or 4 (Exclusive).
| Keys already issued | Casual | Club | Exclusive |
|---|---|---|---|
| 10 | $0.025 | $2.50 | $25 |
| 50 | $0.63 | $62.50 | $625 |
| 100 | $2.50 | $250 | $2,500 |
| 200 | $10 | $1,000 | $10,000 |
Prices are before fees. Selling a key moves the price back one step, so you get what the last key was bought for, minus fees.
Fixed Pricing. Every key costs the same. Sell and get that price back, minus fees.
Fees
Each buy and sell pays 2% to the creator and 2% to AlfaClub. The fees are added when you buy and taken off when you sell. Creators claim theirs under Dashboard → Earnings.
The buy screen shows the total cost and the most you'll pay if the price moves before your buy goes through (slippage).
Earning token fees
If the room has a token, keyholders share 50% of its trading fees. A new key starts earning at the second midnight UTC after it reaches your wallet. See Rewards.
The Buy, Sell and Transfer screens show how many of your keys are earning and when the next ones start.
Rules
- The creator's first key is free, and they always keep one.
- Everyone else can sell or send all their keys.
- Send keys to any wallet with Transfer. Access moves with the key.
- If a room has a key limit, buying stops when it's reached ("Sold out"). Selling still works.
- Keys can also be traded on marketplaces that support Robinhood Chain. Those marketplaces may add a 2% royalty, paid to AlfaClub.