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The rulesPhotofin · hourly edition

Rules of racing.

The whole mechanism in plain words: who does what, how coins are ranked, where the purse comes from and how an hour settles.

Art. 1

Overview

A creator launches a coin with their own wallet and commits a share of that coin's creator fees to the prize pool, which we call the purse.

Rounds run on a clock, one per hour. Coins compete on trading volume, and the top three split the purse.

Photo-finish photograph of one Photofin hour An illustration of one round. Left: five coins in racing silks leave the starting stalls; each launch sends a share of creator fees along a red line into the purse at the top right. The coins roll right; the further right, the more trading volume. At the green wire, the end of the hour, the three coins furthest right wear rosettes for first, second and third and are paid from the purse; fourth and fifth get no share. The coins are an example field, for illustration only. ABCDE ABCDE 1st2nd3rd4th: no share5th: no share THE PURSE the hour EXAMPLE FIELD · ILLUSTRATION ONLY LESS VOLUME ← → MORE VOLUME THE WIRE
One hour in one picture: entry, purse, the running, the wire. The coins shown are an example field, for illustration only.

the whole thing, in two sentences.

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How an hour is scored

Each hour shows a countdown to its end, the wire.

Within the hour, coins are ranked by trading volume. When the countdown ends, the three coins with the most volume share that hour's purse.

volume. that's the only judge.

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Where the purse comes from

The purse is made of creator fees that launchers chose to share. The share is locked at launch and can't be changed afterwards.

Each fee contribution is counted once, by its unique source signature, so nothing is counted twice.

counted once. not twice. not never.

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Closing an hour

Each hour settles once. Payouts to the top three are sent onchain.

Every payout is listed on the Results page with a link to a block explorer.

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Payout status

  1. 1EstimatedThe hour is still running and the order can change.
  2. 2FinalThe clock has ended and the order is fixed.
  3. 3SentThe payout transaction has been submitted.
  4. 4ConfirmedThe payout is recorded onchain.

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Rules of racing

  1. You launch with your own wallet and sign everything yourself; Photofin holds no funds and no private keys.
  2. The fee share you commit is locked at launch.
  3. Ranking is by trading volume within the hour.
  4. Each contribution counts once and each hour settles once.
  5. Memecoins are volatile; nothing here is financial advice.