WhitePaper Summary

Disclaimer

This document is intended solely for informational purposes and should not be considered financial advice. Investing in cryptocurrencies involves intrinsic risks.

Overview

Project Name: EarnPark

Token: PARK (Ticker: PARK)

Token Type: Security

Total Supply: 1,000,000,000 tokens

Initial Price: $0.0075 per token (Token Sale Tier 1)

EarnPark Platform

Founded: 2022

Headquarters: London, United Kingdom

Services: Interest accounts (yield-generating strategies, liquidity provision), swap (via 3d-party provider), buy (via 3d-party provider), crypto-backed loans (upcoming).

Compliance: Supervised by the U.S. Securities and Exchange Commission (SEC)

Token Issuer

EARNPARK PLATFORM LLP, UK

Token Details

Symbol: PARK

Initial Circulating Supply: 44,455,357.14 PARK tokens

Decimals: 6

Smart Contract Address: TBD

Blockchain Platform: Arbitrum One

Token Standard: ERC-20

Minting Mechanism: Fixed Supply, pre-minted

Utility and Benefits

Liquidity Mining: Rewards in PARK tokens for participating in platform services, with incentives for early and long-term contributors.

Yield Boost: Boosted rewards by staking PARK tokens.

Fee Reductions: Up to 30% fee reductions by using PARK tokens to cover platform fees.

Governance: PARK holders can engage in platform governance, voting on updates, changes, and new strategies.

Advanced Utility: Rewards for competitions, access to premium features, and validator rewards for network participants contributing to platform transparency (in the long term).

Tokenomics

Investors: 29% (290,000,000 tokens)

Community: 40% (400,000,000 tokens)

Core contributors: 22% (220,000,000 tokens)

Partnerships: 3% (30,000,000 tokens)

Liquidity Pool: 6% (60,000,000 tokens)

Roadmap

EarnPark’s tentative roadmap for the token launch:

Phase 1 (Q4 β€˜24): Legal structure for token sale

Phase 2 (Q4 β€˜24): PARK Lounge launch

Phase 3 (Q1 β€˜25): Mobile Apps for iOS and Android v.1

Phase 4 (Q1 β€˜25): Pre-mint and Token Sale (Tier 1 & Tier 2)

Phase 5 (Q2 β€˜25): Token staking and discounts on fees via token

Phase 6 (Q2 β€˜25): Token Sale (Tier 3 & Tier 4) and TGE

Phase 7 (Q3 β€˜25): Token mining

Phase 8 (Q3 β€˜25): Yield Boost mechanics

Phase 9 (Q4 β€˜25): Token listing

Phase 10 (Q4 β€˜25): Borrow and lending products

Phase 11 (Y β€˜26): AI Agents v.1 and Governance

Phase 12 (Y β€˜26): DeFi v.1 - Self-custody wallets

Risks

Crypto-Asset Risks: Market volatility, regulatory changes, security breaches.

Issuer-Related Risks: New venture uncertainties, user attraction challenges.

Technological Risks: Smart contract vulnerabilities, no insurance coverage.

Other Risks: Liquidity, adoption, operational management, competition, economic conditions, and token lock-in periods.

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