THE SPECIFICATION

Art. I — The Coin

$TAPE is a single fungible coin of fixed supply, 1,000,000,000, minted on Robinhood Chain. It is the only way in. No presale, no allocation, no second coin.

Art. II — The Wind (burn-to-mint)

Winding a ticker converts coin into machine. Each wind burns 300,000 $TAPE permanently and pays a 0.02 ETH surcharge. The burn is executed inside the wind instruction itself — the transaction is all-or-nothing, so the coin is destroyed before the machine exists. Only 3,333 tickers will ever be wound; a full fleet retires 999,900,000 $TAPE — essentially the entire supply reduced to machines.

Art. III — The Pot

All revenue converges on one pot:

• 80% of $TAPE creator fees (20% keeps the lights on),
• 0.018 ETH of every 0.02 ETH wind surcharge,
• 100% of secondary-market royalties.

The moment the pot clears 0.05 ETH, it is spent — all of it, in one purchase.

Art. IV — The Rotation

The pot buys Robinhood Chain tokenized equities in a fixed twelve-stop rotation, then returns to the top:

Stop	Asset	Stop	Asset
1	NVDA — NVIDIA	7	MSTR — Strategy
2	AAPL — Apple	8	HOOD — Robinhood
3	TSLA — Tesla	9	COIN — Coinbase
4	SPY — S&P 500	10	NFLX — Netflix
5	GME — GameStop	11	GLD — Gold
6	PLTR — Palantir	12	TAPE — buyback & burn

Stop twelve buys $TAPE itself and burns it, closing the loop: the machines' own dividend wheel shrinks the coin that builds the machines.

The Double Print. After every full revolution of the wheel, the next print is charged to 2× the trigger (0.1 ETH) and the Golden Tape cut doubles to 20% — once per revolution, the machines print double and one machine takes a doubled draw.

Art. V — The Print (distribution)

90% of each purchase is divided across machines by gauge weight — a fresh machine prints at 1.0×, and every machine is guaranteed its share. The remaining 10% is the Golden Tape: one machine, drawn at random each print, takes it as a bonus. Deliveries into each machine's vault are permissionless: one transaction per machine, and anybody may trigger them. Assets sit in the vault until the bearer withdraws.

Art. VI — The Gauge (overwind)

Here the machines part ways with their ancestors: the burn never stops. Any wound ticker can be overwound — another 100,000 $TAPE into the fire steps its gauge up +0.1×, to a maximum of 2.0× print weight. A fully overwound machine has consumed 1,300,000 $TAPE total. QUOTRONS and OTC Desks burn once, at the mint; TICKERS gives every holder a reason to keep burning forever.

Art. VI-a — The First Series

Machines No. 1 through No. 333 carry the First Series patent plate: a permanent +0.2× print weight, forever, on top of any gauge. The plate cannot be earned later at any price — only wound early.

Art. VII — The Golden Tape

Every print, 10% of the pot lands on a single machine, drawn weighted by print weight — overwinding buys you lottery odds as well as base share. With prints firing every 0.05 ETH, every machine on the floor is a lottery ticket that never expires — and the draw costs nothing. The ledger records every golden strike, forever.

Art. VIII — Why it beats its ancestors

• Prints 2× as often: our trigger is 0.05 ETH; OTC Desks spends at 0.1 SOL.
• The burn never stops: overwinding keeps destroying supply long after the mint; theirs burn once.
• Juicier for conviction: gauge up to 2.0× print weight — earned by burning, not by holding.
• The Golden Tape: a bonus draw on every single print. Neither ancestor has one.
• The twelfth stop: the wheel itself buys and burns the coin.

Art. IX — Provenance

The mechanism descends from QUOTRONS on Robinhood Chain (4,444 ERC-404 terminals) by way of OTC Desks on Solana (5,000 desks). TICKERS reaches one machine further back: Edison's Universal Stock Ticker, 1871 — the first machine that ever printed a price. The lineage is honored; the works are our own.