xfam.tech User Guide
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  • Table of Contents
  • Introduction
    • Overview of xfam.tech
    • Unique Features
    • Platform Compatibility
    • Apply for Blue Badge
    • Contact for Business
  • Getting Started
    • Account Creation and Sign-In
    • Account Activation
    • Navigating the App
    • Posting and Interacting
    • Follows and Followers
  • Profile Shares
    • Understanding Profile Shares
    • Buying and Selling Shares
    • Price Dynamics
    • Referrals
  • Chats & Conversations
    • Personal Chats
    • Private Group Chats
  • Account Settings
    • Profile Customization
    • Security and Privacy Settings
    • Managing ETH Deposits and Withdrawals
  • Troubleshooting
    • Common Issues and Solutions
    • Reporting Problems or Feedback
    • Contacting Tech Support
  • Appendix
    • Tips and Best Practices
      • 🛡️Staying Safe on xfam.tech
      • 📈Growing Your Follows
      • 📜Etiquette and Community Guidelines
    • Frequently Asked Questions (FAQ)
    • Our Contracts
    • Web3 Glossary
    • Brand Toolkit
    • Disclaimer
    • Privacy Policy
    • Terms of Usage
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On this page
  • Profile Share Pricing on xfam.tech
  • Buying Price (in ETH)
  • Selling Price (in ETH)
  • In other words...
  • Betting on Success
  • Risk of Decline

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  1. Profile Shares

Price Dynamics

Last updated 1 year ago

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When you buy someone's Share on xfam.tech, it's just like placing a bet on the future success of their xfam.tech profile.

Your potential gains are linked to their success and rising popularity, but there's also the risk of your Shares losing value if their popularity wanes.

It's a dynamic market influenced by the ebb and flow of user engagement and interest in specific profiles.


Profile Share Pricing on xfam.tech

  • Pricing Profile Shares on xfam.tech is as simple as a four-line code within an immutable smart contract.

  • This formula dictates the buying and selling prices, ensuring a transparent and consistent approach.

  • It also operates autonomously on the blockchain, safeguarding its immutability.

Buying Price (in ETH)

The formula for the buying price is elegantly straightforward:

BuyingPrice=(n+1)2/20,000Buying Price = (n+1)^2 / 20,000BuyingPrice=(n+1)2/20,000
  • 'n' signifies the total outstanding supply

  • 20,000 serves as the scaling factor or constant, thoughtfully selected by xfam.tech's economic model

Selling Price (in ETH)

For selling Shares, the formula slightly adjusts:

You can observe this formula in action through the following graphs:


In other words...

Betting on Success

If the person whose Share you bought becomes more popular and attracts more followers and investors who also buy their Shares, the value of those shares will likely increase. It's a bit like investing in a rising stock market.

As their profile gains traction and more people want a piece of it, the value of your acquired Shares may go up.


Risk of Decline

Conversely, if your friend's popularity on xfam.tech declines and a significant number of people decide to sell their Shares, the value of their Shares can decrease. Think of it as a stock that's losing its appeal in the market.

When people are selling, the value tends to drop.

SellingPrice=n2/20,000Selling Price = n^2 / 20,000SellingPrice=n2/20,000