No lore required
HOW THE
CLUB WORKS.
TAPROOM borrows the social key curve from friend.tech, swaps private feeds for genuinely useful rooms, and turns trade activity into Stock Token drips.
01 · Keys
The key curve
Each creator has a supply of keys. The spot price follows the same exact square curve in the demo and contract, so key #2 always costs more than key #1.
Spot price at supply s
1st key
$0.25
2nd key
$1.00
3rd key
$2.25
Buy quote: sum the next q spot prices, then add a 5% trade fee. Sell quote: sum the q keys being removed, then subtract the same fee. The demo rounds only for display; calculations use full precision.
70%
of the fee · Creator escrow
15%
of the fee · Token buyback reserve
10%
of the fee · Treasury
5%
of the fee · Stock Token drip
02 · Reward
Trade fees become Stock Token drips
Five percent of the trade fee funds the Stock Token drip. The subject chooses SPY by default, or NVDA, AAPL, TSLA, or QQQ. Demo mode converts instantly; a live launch settles queued USDG into the canonical Stock Token through the protected settlement route before it becomes claimable.
Trade moves
A key buy or sell settles in USDG.
Protected settlement
Demo conversion is instant. Live USDG stays queued until the settlement Safe delivers the exact canonical Stock Token.
Room drips
Your share = your keys ÷ total live supply at settlement.
03 · Identity
The room exists before the trader joins
An imported X profile gets a live room and bonding curve immediately. Anyone can buy keys, enter the holder chat, and generate fees. Seventy percent of every trade fee accumulates in creator escrow, keyed to the profile’s immutable X user ID—not a changeable @handle.
UNCLAIMED
Curve and room are live. Creator fees stack in escrow.
VERIFY X
The signed-in X user must match the stored X user ID.
CLAIMED
The trader can host officially and withdraw if they hold an own key.
Privy handles X OAuth and wallet sign-in. TAPROOM verifies the signed Privy session and reloads the trusted identity server-side; it never accepts an X ID supplied by the browser. Visitors can also use the clearly labeled demo account, which cannot claim creator fees.
04 · Account
X sign-in creates a user-owned wallet
Privy creates or restores an embedded EVM wallet for an X login, or connects an existing wallet. TAPROOM stores the public address and signed-in account reference; it never stores a seed phrase or wallet signing key.
05 · Skin in the room
Creators must hold their own key
Verified X + holding ≥ 1 own key
Escrow unlocked
Historical and new creator fees can be withdrawn.
Own-key balance = 0
Withdrawals locked
Creator fees keep accruing in escrow, but claims revert. A public DUMPED badge appears until they buy back in.
Important distinction
Stock Tokens are not legal shares
Robinhood Stock Tokens are ERC-20 tokens issued by Robinhood Assets (Jersey) that provide economic exposure to named equities. They are not legal ownership of the underlying shares, and they do not make you a shareholder.
The issuer can pause, freeze, blocklist, or confiscate tokens.
Chainlink feeds support economic pricing; the TAPROOM demo uses static stub prices.
Robinhood Chain
Why this chain makes sense
The product works here because stocks already exist as transferable ERC-20s. TAPROOM is currently in demo mode; the guarded release path stays disabled until a paused deployment, Safe ownership, canonical token checks, and the launch checklist all pass.
Geo restrictions still matter outside this demo.
Official Stock Tokens are not for US persons and are also restricted in Canada, the UK, and Switzerland. The demo wallet intentionally ignores geography.
TAPROOM is a product prototype, not an offer, legal opinion, wallet, exchange, or investment recommendation.