PORTAL · Certificate of Seat
Floor Trader
FT-#### · one of 1,000
- Access to the trading floor Discord
- Allowlist on every opening bell drop
- Unreleased stems delivered quarterly, we call them dividends, they are stems
- Vote in community polls
Membership · formerly the Portal Membership Cards
A seat onthe exchange
Real exchanges sold seats. Ours do what the old membership cards did, but louder: floor access, every allowlist, curation power over who lists next. Access and community, never a claim on money.
PORTAL · Certificate of Seat
Market Maker
MM-#### · one of 250
- Everything in Floor Trader
- Listing Committee seat: vote on which artists IPO next
- Earnings call invites, quarterly listening parties with the roster
- Merch drops before the bell
- Analyst desk: publish ratings on drops
PORTAL · Certificate of Seat
Board Member
BM-#### · one of 50
- Everything in Market Maker
- Double-weight Listing Committee vote
- Name engraved on the exchange floor page
- Annual in-person closing bell dinner
- First allocation window in every dutch auction
Every benefit, side by side
| Benefit | Floor Trader | Market Maker | Board Member |
|---|---|---|---|
| Trading floor Discord | ✓ | ✓ | ✓ |
| Allowlist on every opening bell | ✓ | ✓ | ✓ |
| Quarterly unreleased stems | ✓ | ✓ | ✓ |
| Community polls | ✓ | ✓ | ✓ |
| Listing Committee vote | · | ✓ | ✓ |
| Earnings call invites | · | ✓ | ✓ |
| Pre-bell merch window | · | ✓ | ✓ |
| Analyst desk access | · | ✓ | ✓ |
| Double-weight committee vote | · | · | ✓ |
| Name on the exchange floor | · | · | ✓ |
| Closing bell dinner | · | · | ✓ |
| First auction allocation window | · | · | ✓ |
| Seat price | 0.005 ETH | 0.015 ETH | 0.05 ETH |
The listingcommittee
Market Makers and Board Members form the Listing Committee. Every artist filing gets heard, debated on the floor, and voted on. Board Members carry double weight because they paid for the big chair. The committee decides who rings the next bell: that is the whole product, taste with a gavel.