How pricing works

Promise Tickets uses a transparent pricing model where producers set the ticket price and patrons pay a small platform fee on top.

Price breakdown

Every ticket promise has two components:

| Component | Who sets it | Who pays it | |-----------|------------|-------------| | Ticket face value | Producer | Patron | | Platform fee | Promise Tickets (10% of face value) | Patron |

For example, if a producer sets the ticket price at $25.00:

• Ticket price: $25.00
• Platform fee (10%): $2.50
• Total charged to patron: $27.50

When promising multiple tickets, the fee applies per ticket:

• 3 tickets at $25.00 = $75.00 + $7.50 fee = $82.50 total

What producers receive

Producers keep 100% of the ticket face value. The platform fee is collected separately and does not reduce the producer's payout.

Using the example above:

• Total charged to patron: $27.50
• Producer receives: $25.00
• Promise Tickets receives: $2.50

When charges happen

Patrons are never charged when they make a promise. Cards are only charged when the producer converts the campaign after the threshold is met. If the campaign expires without reaching its threshold, no one is charged.