> ## Documentation Index
> Fetch the complete documentation index at: https://docs.ip.world/llms.txt
> Use this file to discover all available pages before exploring further.

# Coin types

> Creator-type and community-type tokens — the two kinds of markets on ip.world.

Every market on ip.world starts with a **Trend** — the canonical page for an idea, a meme, a brand, a movement. Each Trend can have one or more **Tokens** underneath it. The Trend's **type** determines how fees are routed, who controls what, and how verification works. All tokens under the same Trend share the same type.

There are two types: **Creator** and **Community**.

## Creator-type

For cultural phenomena tied to a **specific person, brand, or source**. Think: a YouTuber, a character, an artist, a brand account.

* A verified **owner** receives a direct cut of trading fees (the IP Owner share).
* The owner gets a crown badge, a vested allocation, and control over their Trend page.
* Verification requires proving you are the creator or an authorized representative.

## Community-type

For **emergent, community-driven** culture. Think: a meme with no single origin, a movement, a collective bit.

* There is no single owner. The IP Owner fee share flows into the **community treasury** instead.
* The treasury unlocks when the token **graduates** — a bonding curve milestone.
* Holders vote on how treasury funds are spent.
* Verification roles are `community_lead` or `community_member`.

## Fee distribution

The fee split is the same structure for both types. Every token's LP holds two assets — **\$IP** and the **meme token** — and each side splits differently.

<CardGroup cols={2}>
  <Card title="$IP side" icon="coins">
    * **50%** → Protocol
    * **25%** → LP Re-Add
    * **10%** → IP Owner
    * **10%** → UGC Creators
    * **5%** → Referrer
  </Card>

  <Card title="Meme side" icon="fire-flame-curved">
    * **60%** → Community Treasury
    * **30%** → Token Holders
    * **10%** → UGC Creators
  </Card>
</CardGroup>

<Tip>
  The only difference: on **creator-type** tokens, the 10% IP Owner share goes directly to the verified owner's wallet. On **community-type** tokens, that same 10% flows into the community treasury.
</Tip>

## Choosing at launch

You pick the type when creating a **new Trend**. If you're launching a token under an existing Trend, the type is already set — you don't get to change it.

* Pick **Creator** if there's a clear owner who should receive fees and control the page.
* Pick **Community** if the culture belongs to everyone and should be collectively governed.

## What's next

<CardGroup cols={2}>
  <Card title="Launch a coin" icon="plus" href="/user-guides/how-to/launch-a-coin">
    Walk through the full create flow.
  </Card>

  <Card title="Verification" icon="badge-check" href="/user-guides/verification/verification-overview">
    How to verify a Trend and what it unlocks for each type.
  </Card>

  <Card title="Treasury and proposals" icon="vault" href="/user-guides/manage/treasury-and-proposals">
    How community treasuries work and how holders vote.
  </Card>

  <Card title="Rewards overview" icon="trophy" href="/user-guides/rewards/overview">
    All five reward programs and how they interact with coin types.
  </Card>
</CardGroup>