The first 1,000 tokens for each listing cost $0.10 each. Token price automatically increases by $0.01 for each 100 tokens bought afterward, managed by a bonding curve algorithm.
You can list anyone's account (even @elonmusk), as long as it's not already listed. If you add an account owned by someone else, interest will begin to accrue to their wallet immediately after a purchase is made, and they can claim it anytime.
The listing owner is the person who owns the account represented by a token. For the Twitter listing "@naval," the listing owner is Naval Ravikant. After you verify ownership of your account, you'll be able to claim all of the interest generated by purchases of your account token, forever.
Money spent on tokens is held in compound.finance, a decentralized lending protocol. Compound lends these deposits to borrowers, who pay interest (usually 1-10% annually).
All interest generated by token deposits is paid to the owner of the upvoted social media account.