NFTs as Allocation: STANDARD Charter vs Tax NFT
- STANDARD: 1,000 soulbound Genesis Charters sold via whitelist (0.15 ETH) and a Dutch auction for 583.59 ETH; holders share daily issuance and must close a Branch (2%–60% exit fee) to claim
- BigPump Tax NFT: 1 NFT = 1,000,000 tokens, held automatically when you buy, with the dividend share of post-graduation trade tax paid in ETH
- One rewards a few early, well-funded participants; the other rewards everyone who keeps holding. The money comes from issuance in one case and trading tax in the other
This week's biggest project on Robinhood Chain, STANDARD, is built around an NFT rather than the token: the Genesis Charter, which decides who receives daily issuance. Every BigPump token is also bound to an NFT, the Tax NFT, which decides who receives trading-tax dividends. Both use an NFT as the allocation key, and the designs are close to opposites. Here is the side-by-side, so you know which kind of right you are actually buying.
How STANDARD's Charter was distributed
Everything below comes from outside reporting published Sep 15 and was not verified on the project's website:
- Per Yahoo Finance: 1,000 Founding Charters in total. Whitelist mints paid a 0.15 ETH liquidity fee; the public sale was a Dutch auction from 1.25 ETH down to a 0.15 ETH floor. Charters are soulbound (non-transferable) NFTs. Each starts with 1 Branch, up to 10, and adding Branches requires burning STANDARD. Mint proceeds go to liquidity and the treasury, not the team.
- Per Phemex: 601 whitelist mints; 399 auctioned for about 493.445 ETH (mostly between 1.23 and 1.25 ETH); 583.594968887 ETH of total on-chain revenue. After 100 Expansion Licenses sold, total Branches reached 1,100, and a single non-expanded Charter's theoretical daily output fell from 700 to 636.36 STANDARD. Closing a Branch carries a dynamic exit fee of 2% to 60%.
- Per Castle Labs: Charter holders must close their Branch to claim accumulated issuance.
In plain terms: 1,000 Charters, held by whoever arrived early, paid up or got whitelisted, share the base issuance of 700,000 STANDARD a day (per KuCoin). The right can't be sold, and cashing out costs an exit fee.
How BigPump's Tax NFT works
From BigPump's product facts and docs:
- Every token launched on BigPump is an x405 hybrid: an ERC-20 token (6 decimals) and an ERC-1155 NFT in one contract, at 1 NFT = 1,000,000 tokens. Holding the tokens means holding the NFT. No separate mint.
- Creators can turn tax on at a total rate of 1%, 3%, 5% or 10%, split across treasury, burn, dividends and liquidity, adding up to 100%.
- Tax and dividends apply only after graduation, on Uniswap trades. On the bonding curve there is no creator tax and no dividend.
- Dividends are paid in ETH, pro rata to holders above the minimum holding threshold. The pair, router, dead address and protocol contracts are excluded.
- No staking or lockup. Accrual stops if you drop below the threshold, and unclaimed dividends carry forward.
Side by side
| Dimension | STANDARD Genesis Charter | BigPump Tax NFT |
|---|---|---|
| How you get it | Whitelist at 0.15 ETH or Dutch auction (1.25 → 0.15 ETH) | Automatic when you buy the token |
| Supply | Fixed at 1,000 | Follows token supply: 1 per 1,000,000 tokens |
| Transferable? | No (soulbound) | Moves with the tokens |
| What it earns | Share of daily STANDARD issuance | Dividend share of trading tax, paid in ETH |
| Where the money comes from | New issuance (dilution for all other holders) | Tax on each post-graduation DEX trade |
| How you claim | Close a Branch; 2%–60% exit fee | Accrues above the threshold; no staking |
| Who benefits | Holders of the 1,000 Charters | Every holder above the threshold |
| When it starts | At launch | After graduation at about 4 ETH |
Where each model can go wrong
The Charter model
Rewards come from issuance, so the more that is issued, the more ordinary holders without a Charter are diluted. At today's $0.2216, 700,000 tokens a day is roughly $155,120 a day, while STANDARD's 24h volume fell from $59.89M to $9.35M (see STANDARD day two). Issuance is fixed sell pressure and volume is variable demand, so the ratio between them is worth watching every day.
The Tax NFT model
Rewards come from trading tax, so no trading means no dividends. If nobody trades a token after graduation, the NFT earns nothing. Higher tax rates also raise costs for traders and can suppress volume. Total cost on a post-graduation Uniswap trade is the creator tax plus BigPump's 1% platform fee, so a 5%-tax token costs 6% in total. Check this on the trade page before you buy.
Which one fits you
As a buyer: with a Charter-style project, first ask whether you hold one of the 1,000 Charters. If not, you are on the diluted side. With a Tax NFT token, check whether it has graduated, what the tax rate is, and whether volume is holding up.
As a creator: if you want to reward a small group of early backers and are ready to run auctions and an issuance schedule, the Charter approach is one path. If you want every long-term holder to earn ETH in proportion to their holdings, with no whitelist, you can turn on tax and dividends with BigPump's one-click launch.
BigPump's slogan: The first Tax RWA/NFT launchpad on Robinhood Chain. Hold to earn. Details are at book.bigpump.ai, and the three kinds of token tax are compared in this breakdown.
FAQ
Can I buy a STANDARD Charter on the secondary market?
According to Yahoo Finance, Charters are soulbound NFTs and cannot be transferred, so you can't acquire one by transfer.
Do I need to claim or stake a BigPump Tax NFT?
No. Holding the token means holding the NFT. After graduation, ETH dividends accrue pro rata while you hold above the minimum threshold.
Does a Tax NFT earn anything during the bonding curve?
No. The curve only charges a 1% pool fee. Creator tax and dividends start with post-graduation DEX trades.
Is STANDARD's issuance model the same as a trading tax?
No. Issuance creates new tokens for Charter holders; a trading tax takes a cut of existing trades. One dilutes holders and the other adds cost to traders.
BigPump is an independent project, not affiliated with Robinhood Markets, Inc. Not financial advice — memecoins can go to zero.
Disclaimer: memecoins are extremely volatile and most go to zero. This article is not financial advice. Do your own research and only spend what you can afford to lose.