# Private Ticket

**Private Ticket** is an extra and special perk of the staking program, which is only available if the user chooses the High Rewards Stake option. In order to participate in Private Sales, a user has to have Private Tickets.

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The sooner the users stake, the more Private Tickets will accumulate over time.
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* Each Private ticket will be purchased equivalent to 5 BUSD. 
* The maximum amount a user can spend on a Private Sale is 250 BUSD, equivalent to 50 Private Tickets.
* The tickets will accumulate until the end of the staking program
* Private Ticket**s** can not be transferred or transacted.

### The Fee 

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The fee for participating in Private Sales with Private Tickets is 20% of the amount spent on a project, paid in THC (\*). The THC will be burned to decrease the supply of the token in the market.
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*(\*) Each user is allowed to spend up to 250 BUSD/Private Sale. If a user decides to spend the maximum amount, which is 250 BUSD, on a project, then the 20% fee is going to be 50 BUSD. This 50 BUSD is going to be paid in THC. At that time, if 1 THC = 0.012, the fee will be 4,166 THC.*

In order to spend 250 BUSD on a Private Sale, a user has to meet the following conditions: 1) 50 private tickets (each ticket is worth 5 BUSD). 2) 250 BUSD (paid in BUSD) và 3) \~4,166 THC (equivalent to 50 BUSD)