Draft — Phase 0 · Not published
ΞyΞ of BΞloved

HonΞy

Honey is the money of the Honey Market — stated here in full: what it is, what it is not, and the terms it moves under. No promises live on this page, because none exist.

Read this before you buy Honey

Honey is the money of the Honey Market. You spend it on music, film, art, courses, and services from the people who sell here. It is not a share in a company. It pays no dividend and no interest, and it is not backed by anything — there is no vault of dollars behind it and nobody promises to buy it back.

100,000,000 Honey exist. That number is fixed in a public contract anyone can check. No more can ever be made.

Nobody promises a price. Honey trades at whatever buyers and sellers agree on, and that price can fall — all the way to zero. Only put in money you can afford to lose entirely.

If you want Honey to spend in the market, welcome. If you are buying it hoping someone will pay you more for it later, this page is asking you not to.

What Honey is · What Honey is not

Honey is

  • A fixed-supply token on the Base network.
  • The working money of the Honey Market.
  • Spendable with any seller who accepts it, in the market and anywhere else people choose to take it.
  • Transferable person to person without asking us.

Honey is not

  • A security, or a share in iFiX Inc or Eye of Beloved.
  • A loan, or a debt anyone owes you.
  • A stablecoin — it is not pegged to the dollar or to anything else.
  • Backed by reserves of money. The word "reserve" in our documents means only the creator's own Honey holdings, published on-chain.
  • A promise of profit, of price, or of future development.

The creator reserve

52 of every 100 Honey (52,000,000) are held by the creator in a public wallet anyone can inspect — its address is published on this page when Honey is minted. The reserve exists for rewards, liquidity, partnerships, and Eye of Beloved sales. Those are the only doors it can leave through, and any sale from it follows this published policy and is disclosed publicly after the fact.

We do not use the reserve to support or control the price. We will never buy Honey back, and no statement by us should be read as a promise that Honey will be worth any amount at any time.

The terms of a Honey sale

  1. A sale is final when delivered to the wallet or market profile you gave us. Check the address — a send to a wrong address cannot be undone by anyone.
  2. No promise comes with Honey — not of price, profit, listing, liquidity, or continued development of the market. The market can change or close; Honey would still exist on-chain, and its price would be whatever the world says it is.
  3. Your keys, your Honey. If you hold Honey in your own wallet and lose the keys, nobody — including us — can recover it.
  4. Taxes are yours. Buying, selling, earning, and spending Honey can be taxable where you live. We do not give tax advice.
  5. Cash borders belong to partners. When money enters or leaves through a payment partner, that partner's terms and identity checks apply at that border. Inside the market, transfers are between buyer and seller, under the sovereignty rules.

Your data

The market itself collects no identity information: no papers at the door, no identity uploads, nothing to verify. What a profile holds is what you put on it in public — a display name, a wallet address, your listings, and your record of sales and reviews. That record is your reputation here, and it is public by design.

Where money enters or leaves Easy St, the licensed partners at that border run their own identity checks under their own terms — theirs, not ours. We never see or store what they collect.