governance

$HAL

Halluceon's governance token is earned by using the platform. There is no sale: the only way to get $HAL is to buy tickets, or to publish films that people buy tickets to.

not live yet. recording starts with November 2026. every month from then on is paid out at the first distribution, so nothing you earn before the token ships is lost.
01 · earning

Two ways to earn

Every ticket carries a 2.5% platform fee. $HAL is paid out against that fee — and only that fee — at 4,000 $HAL for every $1 of it your activity generates. In practice:

  • as a viewer
    10% of what you spend on tickets

    comes back to you as $HAL. Earlier tickets don't earn more here — the fee is the same share of every ticket.

  • as a publisher
    3% of your theater's ticket sales

    comes to you as $HAL, on tickets bought by other people. Your side counts at 0.3× a buyer's, so attracting an audience always pays more than being one.

a viewer spends $100 on ticketsa theater sells $1,000 of tickets to others
platform fee$2.50$25 — the publisher's side counts at 0.3×: $7.50
× 4,000 per $110,000 $HAL30,000 $HAL

Your profile shows your halluceon score for the month as it builds, and the history of past months.

02 · each month

The monthly cycle

  1. 1
    the month closes

    Months run on UTC calendar months. On the 1st, the scorer reads every ticket purchase of the month from the subgraph and works out each wallet's $HAL.

  2. 2
    the budget

    Up to 10M $HAL a month (24% of supply, spread over 24 months). If everyone's rewards add up to less than that, everyone gets exactly their amount and the rest rolls into the next month. If they add up to more, the month's budget is divided by halluceon score — and nobody receives more than their own fee-based amount.

  3. 3
    7 days provisional

    The results are published, then sit for 7 days while they are checked for wash activity. Anything excluded is listed with the reason.

  4. 4
    claim

    The final record is committed and its Merkle root is posted on chain. You claim your $HAL from your profile. Claims stay open for 12 months from the day a month becomes claimable; what isn't claimed by then goes to the treasury.

03 · fair play

What doesn't count

Ticket money streams back to a theater's Points holders, so a theater buying its own tickets through another wallet gets almost everything back — except the platform fee. That is why rewards are paid against the fee alone: there is nothing to gain by going round in circles. On top of that:

  • Only theaters published by approved filmmakers count. Anything minted straight on the contract by anyone else is ignored — by the feed, the player and the scorer alike.
  • A publisher's own purchases in their theater count for nothing, on either side.
  • No single theater can account for more than 10% of a month's budget, buyers and publisher combined.
  • Wallets found to be buying from a theater they fund, dominating a theater's sales, or buying tickets that are never watched are excluded during the 7-day review, with the reason published.
04 · governance

What $HAL decides

The platform fees collected go to the Halluceon treasury. $HAL holders vote on what the treasury does — the first intended use is funding filmmakers' projects for the platform. Voting opens with the token; the details ship alongside it.

05 · the numbers

In one place

recording starts
November 2026
total supply
1,000,000,000 $HAL
activity rewards
240M $HAL — 24% of supply, over 24 months
monthly maximum
10M $HAL · unspent amounts roll forward
platform fee
2.5% of every ticket
rate
4,000 $HAL per $1 of platform fee
publisher side
0.3× a buyer's, on others' purchases
per-theater cap
10% of a month's budget
review window
7 days
claim window
12 months
sale
none — $HAL is only earned

The rate and the caps can change from a month forward as the platform grows; they never change for a month that has already closed, and every month's record names the parameters it was scored under.

The rules in full, and every month's record once recording starts, are published in the epochs folder of the repository ↗, so anyone can re-run the scorer and get the same numbers.