Token Sale
EarnPark is leveraging the token sale mechanism to raise capital from the global crypto community instead of relying on traditional funding sources. This approach ensures that the platform is supported by individuals who believe in its mission and long-term growth rather than institutional investors. By involving the community directly, EarnPark aligns itself with the decentralized principles of blockchain and encourages widespread participation in its future development.
PARK tokens will be available for purchase directly on the EarnPark platform and through partner launchpads, which will be announced separately.
The token sale is not just about raising capital; it also serves as a key marketing tool and a way to build a strong community of early users and contributors.
Token Details
Project: EarnPark — Next-gen, interest-earning App by Binance Pro Market Makers;
Symbol: PARK;
Category: TBD;
Standard: Arbitrum One, ERC20;
Par Value: $0,0075;
Max Supply: 1,000,000,000 PARK Tokens;
Type of Supply: Fixed;
Initial Circulation Supply: 44,455,357.14 PARK Tokens;
Issuer: EARNPARK PLATFORM LLP, UK-based fintech company;
Use of Funds: Growth of TVL, expanding the PARK community;
Utility Features: Yield Boost, Fee reductions, Marketing incentives, Governance participation, etc.
Token Sale Structure
EarnPark will conduct its token sale across multiple tiers, each with distinct pricing, unlock schedules, and vesting periods. This structured approach ensures a smooth introduction of tokens to the market while maintaining liquidity and reducing volatility.
Tier 1
80,000,000
0.0075
600,000
7.5M
7.5%
3
15
Tier 2
110,000,000
0.0150
1,650,000
15M
10%
3
11
Tier 3
50,000,000
0.0200
1,000,000
20M
15%
0
8
Tier 4
50,000,000
0.0400
2,000,000
40M
17.5%
0
7
Tiers 1 and 2 will be available first, followed by later tiers as liquidity and demand increase. Unsold tokens from any tier will be burned.
Soft Cap
A soft cap of $250,000 is set for the EarnPark token sale. If this amount is not raised during the Tier 1 phase, all contributed assets will be refunded to the users' EarnPark wallets. Users can withdraw these funds or allocate them to other EarnPark strategies. If the soft cap is reached, the funds will be converted into PARK tokens as per the sale terms.
Regulatory Compliance
EarnPark adheres to international Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations to protect user assets and ensure compliance with regulatory frameworks. We collaborate with trusted providers to secure user data and maintain platform integrity.
At present, EarnPark does not provide services to residents of the U.S. or U.K. due to additional regulatory requirements. The platform also restricts services to residents of countries under international sanctions or financial restrictions.
KYC Procedure
All EarnPark users are required to undergo KYC verification once their balance reaches $5,000. Until a user surpasses this threshold, they are free to utilize all platform features, including purchasing PARK tokens. However, accounts exceeding this balance will be restricted until KYC is completed, though users will still be able to withdraw funds from the platform.
Use of Funds
The funds raised through the token sale will be allocated to the following key areas:
Marketing (30%): A significant portion will be allocated to promoting the platform and acquiring new users.
Research & Development (40%): Funds will support the development of new products and platform enhancements, including resources for researching, designing, and integrating new investment strategies, strengthening the investment team, and improving asset management strategies.
General & Administrative (10%): This covers operational expenses and general administrative needs.
Legal & Compliance (10%): Ensuring ongoing regulatory compliance and legal infrastructure.
Market Making (10%): Support for liquidity provision and maintaining healthy token trading volumes on secondary markets.
This allocation applies to funds raised during Tier 1 and Tier 2. Most funds from subsequent tiers will be reinvested in marketing to drive user growth and increase TVL (Total Value Locked). This will further ensure the growth and expansion of the EarnPark ecosystem.
Key Performance Metrics
Key performance indicators for the EarnPark ecosystem will focus on the Total Value Locked (TVL), which reflects users' trust and the amount of funds allocated to the platform’s strategies. Other important metrics include network activities, such as the number of active users, transaction volume, and token distribution. These metrics will gauge platform usage, user growth, and engagement within the EarnPark ecosystem.
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