4.1 Fundamentals of the Dual-Token Structure

The network is built on a dual-token structure consisting of the "Ecosystem Token (CPT)" and "IP-Linked Project Tokens," pursuing both stability and scalability.

4.1.1 Ecosystem Token (CPT)

CPT (ChiPing Token) is a Solana blockchain-based SPL standard utility token that serves as the foundational token across the platform.

Basic Information:

• Total Supply: 10,000,000,000 CPT

• Chain/Standard: Solana / SPL

• Decimals: 9

Key Functions:

• Governance: Enables voting on key ecosystem decisions (revenue distribution ratios, project selection, etc.).

• Staking: Provides eligibility for swapping into project tokens and earning ecosystem rewards.

• Transaction Medium: Used for NFT purchases, accessing educational content, and swapping into project tokens.

• Access Credential: Grants access to various services and privileges within the ecosystem.

4.1.2 IP-Linked Project Tokens

Sub-project tokens may be issued corresponding to different sectors of the ChiChiPingPing IP. These tokens are directly tied to the specific value and revenue of a given IP sector.

Key Characteristics:

• Direct IP Linkage: Each project token is directly connected to a specific IP sector (educational content, digital assets, etc.).

• Specialized Rights: Provides decision-making rights, exclusive event participation, and access to special content within the relevant IP domain.

• Revenue Linkage: Rewards are tied to commercial revenues generated within the specific IP sector.

• Value Representation: Confers eligibility for profit-sharing based on the success of a particular project.

Project tokens may be issued either as NFTs or as standard tokens, depending on the characteristics and business models of the specific IP domain.

4.1.3 Token Conversion Mechanism

The conversion between CPT and IP-linked project tokens is executed through a swap process:

• Acquisition of CPT: Users purchase CPT tokens on exchanges or receive them as rewards from community activities.

• Swap Execution: Users can exchange CPT for the desired project token.

• Swap Ratio: The conversion ratio is determined by market conditions, project phase, and staking duration.

• One-Way Conversion: Swaps are one-directional; conversion from CPT to a project token is allowed, but the reverse is not. This ensures that each project token’s value is isolated, minimizing the impact of any single project’s failure on the overall ecosystem.

4.1.4 Differentiation Between CPT Utility Token and RWA Token

The network clearly differentiates the roles and functions of the CPT utility token and the IP-linked RWA tokens:

Core Roles of CPT Utility Token:

• Platform-wide service usage and content access (e.g., Edu Passport issuance, content purchases).

• Governance participation in overall ecosystem decisions and RWA project selection.

• Qualification for swapping into RWA tokens through staking.

• Incentives for ecosystem participation (P&L-to-Earn rewards, contributor incentives).

Core Roles of RWA Project Tokens:

• Direct linkage to specific IP business sectors (educational content, publishing, licensing, etc.).

• Receipt of rewards from revenues generated within the sector via smart contract-based distributions.

• Specialized governance within the particular IP domain.

• Exclusive access to premium content and services within the sector.

This clear demarcation allows CPT to focus on overall ecosystem activation and expansion, while RWA tokens implement a reward structure directly linked to the performance of individual IP sectors. Participants can selectively engage in sectors that match their interests and expertise.

This dual-token structure enhances both the scalability and stability of the CPT ecosystem, while enabling participants to directly benefit from the growth and success of specific IP domains. Furthermore, the clear distinction in the roles of each token strengthens regulatory resilience and provides a flexible foundation for adapting to diverse jurisdictional environments.