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2. Purpose and Nature of the GPARK Token

The GPARK token was designed as a key to unlock the architecture and community participation of the Global Park project.

It is:

  • Not a security
  • Not an investment contract
  • Not a passive income vehicle

Its role is to:

  • Enable fair access
  • Activate community participation
  • Support ecosystem coordination through verifiable, non-financial usage

Core Functions of GPARK

✦ Access to Infrastructure

  • Register NFT coordinates
  • Access gated cultural spaces
  • Rent real-life (IRL) installations
  • Participate in dynamic park activations

✦ DAO Governance Participation

  • Any wallet holding 100+ unlocked GPARK may vote in DAO proposals via Snapshot
  • Any wallet holding 5,000+ unlocked GPARK may submit proposals

DAO votes control:

  • Project direction
  • Funding allocations
  • Ecosystem evolution

✦ Staking and Proof-of-Presence Mechanics

  • Unlock access rights
  • Gain participation scores
  • Determine event eligibility
  • Mint NFTs

❗ No financial yield or rewards are attached to staking.

✦ Recording Contributions

GPARK acts as an on-chain marker of participation in:

  • Cultural initiatives
  • Events
  • Partnerships
  • Community memory projects

Token Properties

  • Immutable: The GPARK contract prohibits:
    • Additional minting
    • Ownership changes
    • Admin control functions
  • DAO-managed: All actions related to GPARK:
    • Distributions
    • Vesting
    • Partner allocations

    can only occur via DAO-approved proposals executed through Gnosis Safe.

  • Non-financial: GPARK does not represent:
    • Financial gain
    • Dividend rights
    • Ownership shares
    • Yield mechanisms
  • Anti-speculative Design: GPARK derives value purely from:
    • Active participation
    • Cultural contribution
    • Scarce access to space within the Global Park ecosystem