Rules v1.0

The rules of the market, as enforced by the canister. Every change is a dated line in the journal.

1. The Board has 100 ranked spots at launch, up to 1,000. Every spot is always for sale at the price its owner set.
2. Buying a spot pays the price to its owner (97%, 3% payment processing), plus a 5% buyer fee and the first fee period. The spot is yours the second the payment goes through.
3. The owner sets a resale price between $5 and 20 × the price paid, $25,000 at most. A new price applies immediately; an increase starts a new paid period.
4. The daily fee is 1% of the displayed price per day, charged every 3 days, at least $1 per charge; the period lengthens until it reaches $1, 30 days at most.
5. A failed fee starts the liquidation: the price falls 10% per hour, anyone can buy now, down to a $5 floor. After 72 hours at the floor the house reclaims the spot.
6. New spots open at five fixed hours (02:00, 07:00, 12:00, 17:00, 22:00 UTC), one at a time, only when the last five spots are owned and the median price they paid exceeds $25.
7. Limits: 5 spots per account or group of linked accounts; 5 purchases per hour; 3 link changes per 24 hours; no purchase between linked accounts.
8. The Throne is one line with no refund. Taking it costs at least $1 more than the current price; the previous holder is not paid. It resets every 7 days: the holder enters the Hall of Fame. A take at $25,000 wins the season. One minute between takes.
9. The Wall of Fame: $5 for 24 hours, 3 posts per account per 24 hours.
10. Links: HTTPS; no adult content, scam, malware, counterfeit, gambling or redirect chains. Checked automatically, reviewed by a human. A frozen link stays in place but is hidden; a second freeze liquidates the spot, loses the Throne without refund, removes the post.
11. Gifting: a spot can be bought for an X account; that account can claim it or refuse. The house never mentions anyone.
12. Quotes freeze amounts for 180 seconds and exclude nobody; the first confirmation wins, the others are refused without charge.
13. Activity points (fame) are awarded by the canister according to public weights. They buy nothing and are not a token.
14. Prices are in United States dollars, net of taxes. No refund except for a technical error.

English terms prevail; other languages are for convenience.