No one sets its price. The primary-sale price is computed by an open formula from the exchange rates of ten currencies that the European Central Bank publishes every day.
How the price is computed A year in one line
Bezant · BZT · settlement unit · series 1.0 · TON Nº EQB0E6FE…TIHUAIZ supply 5,000,000 · fixed sale not yet open
€0.5962week of 14–18 September
From €0.5898 on 27 January to €0.5992 on 20 July. The scale below is stretched so that the movement is visible at all: the whole span of the line is one and a half percent.
price by formula, every ECB trading daysubscription-window price: Friday fixing, held for the week
Yearly range: the difference between the highest and the lowest rate against the euro, as a percentage of the average. Ten units added together damp the swings of each one: when the dollar rises, the pound may fall.
This is a property of the formula, not a promise. The price applies to the primary sale only: the market may trade below it, and no one is obliged to buy bezants back.
Take the ten largest economies in the world by nominal GDP (IMF World Economic Outlook, April edition). From each, exactly one unit of its currency. If several economies share a currency, it enters as many times as there are economies: the euro enters three times, for Germany, France and Italy. The sum is divided by ten.
(1 USD + 1 CNY + 3 EUR + 1 JPY + 1 GBP + 1 INR + 1 BRL + 1 CAD) ÷ 10 = €0.5962
share of each unit in the sum, at ECB rates of 11 Sep 2026sum €5.9625
| Unit | Economy | ECB rate | In euro | Share |
|---|
This is the primary-sale price, not backing and not a peg: a bezant is not “equal to the basket” and cannot be exchanged for it. The formula sets a ceiling above which buying from the issuer makes no sense; the market price has no floor.
Rates: ECB euro reference rates, published around 16:00 CET every working day. Basket composition: IMF World Economic Outlook, April 2026; fixed for a year. Anyone can recompute it: price.json holds every value for the year.
The window price is the formula applied to the ECB rates of the previous Friday. It is published before the window opens and does not change all week; there are no sales at weekends. The right to withdraw from a purchase lasts 14 days, and the window does not shorten it.
€0.5962
Sales have not opened yet. The date of the first window will be announced on this page.
Before the first window, this page will list the services where the bezant is accepted as payment.
| Window | ECB fixing | Window price |
|---|
The supply is fixed in the contract and the right to mint more has been revoked. Verify it in any network explorer rather than take our word for it.
Status: in design; the network is not running.
A distributed network with a native coin, where a transfer needs no third-party token to pay the fee. Sign-in and signing through W3ID: the key lives in the phone’s secure hardware, recovery goes through trusted people, no seed phrases.
One verified person, one node: the network cannot be captured by buying a thousand servers. Version 1.0 balances carry over one to one by snapshot at launch.
Developer and issuer: Haydamax OÜ, Estonia.
Bezant