The Register

What is Artefracts#

Artefracts is a gacha for fine art. A vault holds artworks; a machine sells sealed boxes; every box opens into a graded, numbered, on-chain certificate of a fragment of a real work. Odds are published before you open. Every certificate can be sold back to the desk instantly, traded, or claimed as a sealed physical collector card.

Watch the machinery live on the floor, open a box in the cabinet, or read your holdings in the vault.

What you actually own#

A certificate is an ERC-721 token recording: the work, your edition number, your share count, the value at mint, and the draw that produced it. It is not a picture of ownership — it IS the ownership record, held in your wallet, transferable, verifiable by anyone. The physical artworks are held by the studio’s vault; certificates are fractional claims within each work’s stated edition.

Fractional, plainly#

Fractional#

A work is divided into numbered pieces. You own a piece — recorded on a public blockchain, visible to anyone, sellable any time. The whole painting stays safe in the vault. Nothing is cut, nothing is shipped out of the vault to make your share exist: the edition is declared at induction, and every fragment in it is one equal claim within that declaration. Your piece is not a promise from us to you; it is a row on a public ledger that we cannot quietly edit.

The certificate#

Every pull mints a certificate: which work, which edition number, when, to whom. It cannot be forged, lost, or quietly rewritten. It IS the ownership. Lose your bookmark and the certificate is still there; close the site forever and the certificate is still there. Each one lives at its own address, renders its own graded slab, and carries the draw id that produced it, so anyone can walk backwards from the object to the moment it was created.

The mark#

Every fragment carries a published value — its mark. The desk buys any certificate back at 80% of mark, instantly, always. A floor, not a promise. The mark is set at induction and changed only by published policy, never silently, so the number the desk computes from is the same number you read before you played. See Marks and value.

One box, one fragment#

Machine One sells boxes at $25. Every box contains exactly one fragment. There are no empty boxes, no consolation tiers, no variable lots. What varies is WHICH fragment: its class.

The classes#

Expected value per $25 box: $18.50. We publish this because you should price a box knowing it. The premium above expected value is the game; the floor beneath it is the desk.

RARITY AND CROWN CLASSES ARRIVE WITH THE FIRST INDUCTIONS — THE LIVE MACHINE CURRENTLY DRAWS COMMONS; THE PUBLISHED ODDS ACTIVATE ON-CHAIN THE MOMENT RARER CLASSES STOCK.

How a draw works (commit-reveal)#

1. 01Before any box: the studio commits a chain of secret seeds on-chain (their hash, not their content).
2. 02You open: your wallet sends the box fee and YOUR client seed — a random number your browser generates.
3. 03The settler reveals the next secret seed. The contract verifies it against the commitment — a wrong seed is rejected by the chain itself.
4. 04Your result = a deterministic function of (secret seed + your seed + draw id). Neither side can choose the outcome: we committed before knowing your seed; you contributed after we committed.
5. 05Everything needed to recheck the math is public, forever.

VERIFY ANY DRAW→

The desk#

The desk is a standing bid: 80% of any certificate’s current mark, paid instantly, no questions, no listing. It exists so a fragment is never illiquid. Sell in one click from your vault; custody returns to the studio; the edition number is retired from circulation until re-released. The desk is not a marketplace — it’s a floor.

Marks and value#

Every work carries a published mark — its stated value, set at induction and updated by policy, never silently. Class marks: $17.50 / $52.50 / $175.00. The mark is what the desk’s 80% is computed from. Market prices above mark are the market’s opinion; the mark is ours, and we publish it.

Redemption#

Claim any fragment as a sealed physical card with a signed certificate and an NFC chip. Printed and dispatched within one working day.

The moment you claim, the on-chain certificate locks to the card — it can never be sold separately again. The token becomes soulbound to the object: the desk will no longer bid on it, transfers stop, and the only way the fragment changes hands is by handing over the card itself. This is deliberate. A physical collectible whose digital twin can be sold out from under it is not a collectible; it’s a receipt.

One number, one card, ever. Nº 07 / 25 is printed once, sealed once, and never reissued — if the card is destroyed, that number is gone from the physical world for good.

Cards ship worldwide, tracked, in rigid protective packaging from the studio. Claim from your vault; you’ll be asked for a shipping address at that point and never before.

The card#

Sealed collector card: archival print of your fragment, the grading label (class + grade), the holographic seal, and an NFC chip. Grades: COMMON 7 · RARITY 10 · CROWN X — grade is class, honestly; we don’t pretend condition variance on new objects.

The tap#

Inside every card: an NFC chip. Tap any phone against it and the card opens its own living page — the artwork, its edition number, its full provenance, its verified draw. No app. No login. The card is its own certificate.

What a verifier sees when they tap your card: the work and its series, the edition number and serial, the class and grade, the mark, the draw id with its seeds, and the current on-chain holder. If the card and the chain disagree, the page says so plainly — that is the whole point of the tap.

The Certificate of Authenticity#

Every redeemed card ships with its signed COA: work, series, edition number, on-chain id, serial, date, the studio’s hand. Generated from chain data, downloadable from your certificate page, printed with the physical.

$FRACTS — the studio token#

$FRACTS is the Artefracts studio token on Robinhood Chain, launching alongside mainnet. It is how the vault gets funded, and how the people who believe early share in what the studio builds. It is not required to play: boxes are bought in USDG, always.

The 3% and the Acquisition Reserve#

Every $FRACTS transfer carries a 3% tax.

One percent goes to the pons launchpad as its platform fee — that share is the launchpad’s, not ours, and we have no discretion over it.

The remaining two percent goes to the ACQUISITION RESERVE, which buys artworks for the vault. Every acquisition is announced with provenance before it enters a machine.

Operations — the studio, the vault, the physical programme — are funded from box revenue, not from the token. The Reserve’s wallet is public. Watch it fill, watch it spend, see what it bought.

The Reserve allocation is studio policy, executed by us manually and published here for scrutiny. It is not a contractual obligation to any holder.

1% LAUNCHPAD PLATFORM FEE · 2% TO THE ACQUISITION RESERVE.

What holding does#

Holder benefits at launch (thresholds published at token launch):

• ◆Box pricing — holder discount on every pull
• ◆First access — new machine stockings and Crown restocks open to holders before the floor
• ◆The cashback loop — every box returns a % in $FRACTS
• ◆Free redemption shipping above a threshold
• ◆The nameplate — holders pull under their mark on the Floor

Designs that share studio earnings directly with holders are under legal review and will only ever ship where — and as — the law allows. We will not promise yield we have not structured.

What the token is not#

Not a share, not a claim on artworks, not required to play, not a promise of profit. The certificates own the fragments; the token funds the vault and rewards the room. Trading tokens involves risk of total loss. 18+.

Verify a draw yourself#

Every settled draw has a fairness page. Open it from any row on the floor, or from the certificate itself.

What each field is: the draw id is the position of your box in the machine’s sequence. The commitment is the hash the studio published before anyone played. The secret seed is what that hash was hiding, revealed at settlement. Your client seed is the random number your own browser contributed. The result is the class and serial written on-chain.

Recomputing proves two things: that the revealed seed really is the one committed before your box existed, and that your class follows deterministically from that seed plus your seed plus the draw id. If either check failed, the chain would have rejected the settlement — you are re-running the same arithmetic the contract already enforced.

The fairness reference lists the exact hash functions and the recomputation script.

What we can and can't do#

What we cannot do#

• ◆change odds after commitment
• ◆choose your result
• ◆alter a certificate's record
• ◆un-publish a mark

What we can do#

• ◆add works to the vault
• ◆set marks by published policy
• ◆pause sales of new boxes (never settlement of open ones)

Risks, plainly#

This is a game of chance with a floor, not an investment. Marks are our published valuations, not market guarantees. Expected value per box is below box price — the difference funds the studio, the vault, and the physical program. Play for the objects, within your means. 18+. Not available in Great Britain.

SET DEPOSIT LIMITS◆SELF-EXCLUSION

Contracts & addresses#

Mainnet addresses will be published here at launch.

Glossary#

Fragment

One numbered share of a single artwork, issued as a certificate.

Mark

The published value of a fragment. The desk pays 80% of it.

Class

The odds bracket a pull landed in: COMMON, RARITY or CROWN.

Edition

The total number of fragments a work is divided into (300 / 25 / 5).

Serial

Your number within the edition — Nº 07 / 25. Yours alone, forever.

The desk

The studio's standing bid: 80% of mark, instant, always.

Induction

A work entering the vault: photographed, valued, marked, editioned.

Commit-reveal

The fairness scheme: seeds committed before you play, revealed after.

Client seed

The random number your browser contributes to your own draw.

Settle

The on-chain step that reveals the seed and writes your result.

Redemption

Claiming the sealed physical card for a fragment you hold.

Soulbound

A redeemed certificate, locked to its card and no longer transferable.

FAQ#