{
  "version": "1.0",
  "name": "IShowSpeed live audience, music, business and attention model",
  "ipo": 100,
  "status": "Declared modelling assumptions applied to sourced observations, not a historical traded price.",
  "streaming": {
    "averageViewersElasticity": 0.55,
    "hoursWatchedPerDayElasticity": 0.15,
    "policy": "Average concurrent audience across comparable, completed IRL tours is the main live-audience input. Monthly YouTube hours watched divided by calendar days supplies a separate activity-and-reach input. Compare only the same provider, scope and series; never compare a single-stream peak to a tour average or mix annual, quarterly, monthly and tour totals. The two inputs are correlated, and their combined elasticity is 0.70. Published figures may be rounded."
  },
  "audience": {
    "elasticity": 0.1,
    "policy": "Compare documented main-channel subscriber thresholds. These are free YouTube subscribers, not paid Twitch subscriptions, revenue, unique viewers or exact daily counts. First observation is neutral; no interpolation between milestones."
  },
  "music": {
    "elasticity": 0.1,
    "formula": "Chart strength = 1 + (101 - rank) / 100; factor = (new strength / previous strength)^0.1",
    "policy": "Compare only consecutive observed weekly ranks for the same track and chart. First entry or a coverage gap establishes a neutral baseline. Missing weeks are not chart exits. Releases and music-video view counts receive no assumed performance premium. Certification events are priced once in news."
  },
  "attention": {
    "windowDays": 7,
    "elasticity": 0.05,
    "pricingStart": "2022-11-29",
    "policy": "Use a seven-day average of observed English Wikipedia views from the start of continuous exact-title coverage. Earlier sparse observations remain downloadable but do not drive price. Missing data, zero-valued averages and new coverage are neutral and reset comparison. Readership is attention, not sentiment, live audience or unique fans."
  },
  "events": {
    "context": {
      "label": "Context only",
      "rate": 0
    },
    "platform-restriction": {
      "label": "Platform access restriction",
      "rate": 0
    },
    "platform-restoration": {
      "label": "Observed platform access restored",
      "rate": 0
    },
    "show-partnership": {
      "label": "Confirmed show or distribution partnership",
      "rate": 0.06
    },
    "industry-award": {
      "label": "Industry award",
      "rate": 0.05
    },
    "global-performance": {
      "label": "Major global performance",
      "rate": 0.08
    },
    "music-certification": {
      "label": "Verified music certification",
      "rate": 0.03
    }
  },
  "platformRestrictions": {
    "YouTube": -0.12,
    "Twitch": -0.03
  },
  "platformPolicy": "Apply one discount per affected platform: YouTube 12%, Twitch 3%. Repeated restrictions do not stack while access is discounted. A source-confirmed reinstatement or observed return reverses that platform's exact active discount. An observed return is not a claim about the exact unban date. Restoring a platform with no recorded discount gives no bonus. A joint show agreement is not automatically a platform switch; undisclosed contract amounts are never invented.",
  "coveragePolicy": "Selected public reports, not a complete per-stream archive. No new report means no live-performance adjustment, not no streaming. Suspicious metrics and incompatible or overlapping summary series are context only. Peaks, VOD views, combined clip impressions and tour crowds are never substituted for average concurrent audience. Each metric's first comparable observation is neutral.",
  "timeBasis": "Reports, subscriber milestones and chart observations enter on their verified publication or availability date, never before a reporting period is complete. Each report retains its actual period. News uses the later of the event date and source publication date when both are known. These are daily closes, not fabricated intraday trades.",
  "execution": "Start at the first sourced input with a declared $100 IPO. Apply live-audience, watch-time, subscriber, music, news and attention factors in that order, rounding to cents after each observation. Daily driver contributions add exactly to the closing-price change. No random noise, invented missing data, title decay or price cap.",
  "score": "The existing tier badge uses a descriptive live-audience score and observed attention; it does not set the price."
}