EarnPark
  • EarnPark Manifesto
    • πŸ“œVision Manifesto
    • Why crypto
    • Tech financial future
      • Is fiat a bubble?
      • Cryptocurrency
      • Bitcoin
      • Ethereum & Blockchains
      • Stablecoins
      • Products
      • Digital future
      • What to do then
      • Guarantees
    • Capital growth
      • Financial planning
      • Financial health
      • Make money. Create value
      • Preserve. Delta
      • Invest
      • Investing principles
      • Issue actualisation
      • Inflation
      • Risks
      • Portfolio
      • Market psychology
  • Business WhitePaper
    • ⛩️Introduction
    • Vision & Strategy
      • EarnPark at a Glance
      • Hybrid Approach to CeDeFi
      • Transition to DeFi
      • Strategy-as-a-Service
    • Problems and Solutions
      • Problem
      • Market Opportunity
      • Solution
      • Business Model
    • Platform Overview
      • Ecosystem
      • Strategies
      • Structure
      • Architecture
    • Go-to-market
    • RoadMap
    • Team
    • Legal Aspects
    • Conclusion
  • TOKEN WHITEPAPER
    • Abstract
    • WhitePaper Versions
    • WhitePaper Summary
    • PARK Token
    • PARK Token Utility
      • Liquidity Mining
      • Marketing Incentives
      • Token Staking
      • Yield Boost
      • Exclusive Opportunities
      • Governance
      • Transparency Through Blockchain
    • Tokenomics
    • Token Sale
    • Technology
    • Legal
      • Regulatory Information
      • Token Legal Structure
    • Risks Overview
  • OFFICIAL LINKS
    • Website
    • Twitter
    • Discord
    • Telegram chat
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  1. TOKEN WHITEPAPER

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: $0.01 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: 76,201,389 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 (Q2 β€˜25): Pre-mint and Token Sale (Tier 1-2).

Phase 5 (Q2 β€˜25): Token staking and Token mining.

Phase 6 (Q2 β€˜25): Token Sale (Tier 3-6).

Phase 7 (Q3 β€˜25): Discounts on fees via token.

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

Phase 9 (Q3 β€˜25): TGE.

Phase 10 (Q4 β€˜25): Token listing.

Phase 11 (Q4 β€˜25): Borrow and lending products.

Phase 12 (Y β€˜26): AI Agents v.1 and Governance.

Phase 13 (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.

PreviousWhitePaper VersionsNextPARK Token

Last updated 1 day ago