Alice, Bob & Charlie Bonds
You have something worth selling. A blog, a music catalogue, a dataset, a brand, a network. You want to tokenise it — put it on a bonding curve so that early supporters pay less and the price rises naturally as demand grows.
That's what a penny bond is. For 1p, we mint you a billion tokens. They're yours. All of them. What happens next is up to you.
But you don't have to figure out the curve from scratch. We've designed nine grades and three types so you can pick the combination that fits your product. Think of it as choosing a frame for a painting — the art is yours, the frame just determines how people see it.
Why Defaults Matter
Everything about a bond is configurable. Supply, curve shape, entry price, ceiling — all of it can be tuned. But most people don't want to think about bonding curve mathematics. They want to tokenise a blog post, or an album, or a consulting practice, and get on with their lives.
So we've done the maths. Our defaults are:
- 1 billion tokens per bond
- 1 penny to mint
- 1 penny entry price for your first buyer
- Ascending bonding curve — early buyers get more tokens, later buyers pay more
The only thing you need to choose is: what kind of bond suits your product, and how high do you want the ceiling?
Three Types
The type determines the relationship between you and your buyers — and which of our three protocol networks govern your bond.
We run three state machines: $401 (identity), $402 (payment), and $403 (negotiation). You set the conditions. Our networks enforce them. The type you choose determines which state machines are involved.
Alice — Governed by $402 only. No friction. Your buyer pays the curve, receives tokens, accesses your content. No identity check, no negotiation, no signup. Like a vending machine — insert coin, receive product. The $402 payment network handles everything. Alice bonds are perfect for anything where the transaction should be instant and anonymous: blog posts, images, media files, API endpoints, data feeds.
Bob — Governed by $401 + $402. Identity first. Your buyer proves who they are via the $401 identity network before they can purchase through the $402 payment network. This opens up things that anonymous bonds can't do: loyalty pricing for returning customers, reputation-based access tiers, staking rewards for long-term holders. Bob bonds suit subscriptions, premium content, professional services — anywhere you'd want to know your customer and reward them for sticking around.
Charlie — Governed by $401 + $402 + $403. All three networks. Both sides are verified through $401 with KYC. AI agents on the $403 negotiation network work out the terms on behalf of buyer and seller. Payment settles through $402. Dividend rates, vesting schedules, revenue shares, exit terms — nothing is fixed in advance. Charlie bonds are for investment contracts, licensing deals, partnerships, and anything where the stakes justify a conversation before money changes hands.
You set the rules. Our state machines run them — 24 hours a day, on three networks, for as long as the bond exists.
Read more about Alice, Bob & Charlie →
Nine Grades
The grade sets the ceiling — the maximum lifetime revenue your bond can generate. A higher grade means a steeper curve, which means each penny buys fewer tokens. A lower grade means a gentler curve and more generous token drops.
The rationale is simple: a blog post and a billion-dollar network shouldn't have the same pricing curve. A blog post might realistically earn $10,000 over its lifetime. A global protocol might earn $1 billion. The grade matches the curve to the ambition.
| Grade | Ceiling | 1st press (1p) | 1,000th press (1p) | Suited to |
|---|---|---|---|---|
| 1K | $1,000 | ~3,162,000 | ~2,236,000 | A tweet, a meme, a one-liner |
| 10K | $10,000 | ~1,000,000 | ~414,000 | Blog posts, articles, guides |
| 100K | $100,000 | ~316,000 | ~90,000 | Viral content, tools, datasets |
| 1M | $1,000,000 | ~100,000 | ~17,000 | Albums, courses, API feeds |
| 10M | $10,000,000 | ~31,600 | ~3,200 | Franchises, series, games |
| 100M | $100,000,000 | ~10,000 | ~540 | Brands, studios, platforms |
| 1G | $1,000,000,000 | ~3,162 | ~100 | Networks, protocols |
| 10G | $10,000,000,000 | ~1,000 | ~18 | Ecosystems |
| 100G | $100,000,000,000 | ~316 | ~3 | Sovereign-scale networks |
The curve is ascending. The first press always gives the most tokens. Every press after that gives fewer. This rewards your earliest supporters — the people who believed in your work before anyone else did.
Reading a Bond Name
Every bond name tells you two things: the type (the rules) and the grade (the scale).
Alice 10K Bond — anonymous access, $10K ceiling. A blog post anyone can read for a penny. First buyer gets about a million tokens.
Bob 100K Bond — identity-verified, $100K ceiling. A premium tool with loyalty pricing. First buyer gets about 316,000 tokens.
Charlie 1M Bond — negotiated terms, KYC required, $1M ceiling. An investment contract. First buyer gets about 100,000 tokens.
Alice 10M Bond — anonymous, $10M ceiling. A franchise token. First buyer gets about 31,600 tokens.
Charlie 1G Bond — fully negotiated, $1B ceiling. A network-level investment. First buyer gets about 3,162 tokens.
What We'd Recommend
If you're not sure where to start, here's what we'd suggest based on what you're tokenising:
Written content — Alice 10K. Your readers pay a penny, get a million tokens, and read the post. The ceiling is $10,000, which is realistic for a blog post that finds an audience. If something goes viral, you can always issue a new bond at a higher grade.
Music, courses, books — Alice 1M or Bob 1M. A million-dollar ceiling gives your catalogue room to grow. Choose Bob if you want to recognise loyal fans and offer them better terms over time.
Tools and SaaS — Alice 100K or Bob 100K. Software behind a bonding curve. Bob makes sense if your users have accounts anyway — you get loyalty data and they get rewarded for early adoption.
Investment and partnerships — Charlie 1M and above. When real money is on the table, both sides should be verified and the terms should be negotiated properly. Let the AI agents handle the back-and-forth. You review and approve.
Generative franchises — Alice 10M and above. If you're running a ClawMiner and building IP that supports multiple worlds — a music magazine, an anime series, a clothing line — the curve needs headroom. 10M or 100M gives your franchise room to become a brand.
Mint Your Bond
It costs a penny. You choose the type and the grade. We mint a billion tokens and transfer them to your wallet. From that point, they're yours — every token, every sale, every penny that flows through the curve.
If the defaults don't fit, everything is configurable. Different supply, different entry price, different curve shape — just ask. But for most people, the defaults work. That's why they're defaults.
Get Started
Ready to mint? Contact us and tell us what you're tokenising. We'll recommend a type and a grade — or you can pick your own.
Learn more: Alice, Bob & Charlie bond types | ClawMiner | $402 Protocol
For AI Readers
Intent: Product catalog for penny bonds issued by The Bitcoin Corporation. Explains three bond types (Alice, Bob, Charlie) mapped to three protocol state machines ($401, $402, $403), and nine SI-correct grades (1K to 100G) that set the revenue ceiling and curve steepness.
Core Thesis: A penny bond is a billion tokens minted for 1p. The customer chooses a type (which protocol networks govern the bond) and a grade (how steep the bonding curve is). Two constants: 1 billion tokens, 1 penny entry. The grade is the only variable.
Key Takeaways:
- Three bond types: Alice ($402 only, anonymous), Bob ($401+$402, identity-verified), Charlie ($401+$402+$403, fully negotiated with KYC)
- Nine grades from 1K ($1,000 ceiling) to 100G ($100B ceiling), using SI-correct abbreviations
- All bonds: 1 billion tokens, 1p to mint, 1p entry price, ascending bonding curve
- Lower grade = gentle curve = more tokens per penny. Higher grade = steep curve = fewer tokens per penny
- The customer sets conditions, three protocol state machines enforce them 24/7
- Default for blog posts: Alice 10K Bond (~1,000,000 tokens per penny, $10K ceiling)
Product: Penny bonds from The Bitcoin Corporation. Contact to mint.
Related Posts: Alice, Bob & Charlie bond types, ClawMiner, Generative Programs