halluceon

A filmmaker publishes a theater by minting a Theater NFT, which locks in the theater's core attributes:

Name, description, categorypermanent

usually the title of the film or series.

Theater sizepermanent

how many Ticket NFTs the theater will sell — split into 5 groups, each with its own price curve. Pick a size to see the per-group split:

theater size:smallmediumlarge

tickets are sold over 5 groups, increasing in size1.67M total

ERC-20 ‘HAL’ tickerpermanent

the theater's revenue-share token: 1–10 custom characters + HAL. Ticket minters receive a bag of it, per the formula in step 2.

Mediapermanent

1–50 pieces of media (films, series, etc.) locked behind the theater's Ticket NFT gate — published all at once or over the theater's life.

Publisher distribution split (optional)permanent

optionally allocate part of the publisher's 50% token share to partners — financiers, co-writers, etc.

Once a theater is published and media is attached, viewers mint Ticket NFTs. Tickets are sold in 5 groups (see the price curve above); when one group sells out, the next opens. Minting a Ticket NFT does three things at once:

Ticket NFT purchased

price determined by the group's quadratic curve — earlier tickets are cheaper. The mint fee is pooled into the theater's revenue pool the moment the transaction confirms.

12-hour watch window granted

the holder activates the ticket anytime to open a 12-hour window unlocking all of the theater's media.

HAL token minted to the buyer

the Ticket NFT minter receives the theater's revenue-share HAL token — how much they receive is set by the below formula, and depends on how many tickets are minted, which group they land in, and how early in that group (which decile) they were minted:

HAL per txn = # of tickets minted × group multiplier × decile multiplier

So, concretely:

This formula incentivizes early participation: the earlier you buy a Ticket NFT, the cheaper the mint fee and the more HAL you receive. That asymmetry is the whole point.

A theater's pooled mint fees are paid out to HAL holders every time a group closes:

A group sells out → fees snapshotted

the Ticket NFT group's pooled fees are snapshotted and become claimable by every HAL holder, pro-rata to their balance at that moment.

~50% audience / 50% publisher

the publisher's pre-allocation matches the buyer half over the theater's life, so each snapshot splits roughly half to ticket buyers and half to the publisher.

The next group opens

a new price curve and a lower HALmultiplier (×4.4, then ×2.3…), so each later ticket mints less. The publisher's next pre-allocation tranche mints here too — their 50% vests one group at a time, growing in step with the audience's.

Earlier holders keep earning

Group 1 buyers still hold their HAL, so they claim again from every later close. Minting more and collecting from more closes is why the earliest supporters come out far ahead.

Claim anytime — or let a bot do it

there's no expiry on an unclaimed pool. Claim yourself, or a bot can claim on your behalf for a small (1–5%) bounty — Halluceon runs a sweeper so even dormant holders get paid.

Sales stalled? force a disbursement

if a group's ticket sales stall, the publisher can snapshot the fees collected so far to HAL holders without waiting for the group to sell out.

the upside, in numbers

Across a theater's full lifecycle, a Group 1 ticket earns roughly 22× what a Group 5 ticket earns — early buyers mint more HAL per ticket and collect from more group closes:

At full sellout, a Large theater generates roughly $64.8M in lifetime ticket revenue — half to the audience, half to the publisher.

why “halluceon”

Halluceon tries to replicate the theatrical business model of old Hollywood: an unknown film rolls out to a small audience, and expands its footprint when demand is proven, until it either runs out of steam or becomes a viral hit, making everyone involved rich. Over time, Hollywood has become a factory farm which squeezes the artist at every step. Halluceon is the opposite — small theaters, small audiences, generous compounding for the people who care enough to show up.

if that sounds like something you'd want to be part of, mint a theater, add a film, send your audience the link.