GPX Token Policy
Understanding the dual-token model: Usage, Rights, and Limitations of Liquid vs. Solid GPX.
1. What is GPX?
GPX is the digital utility unit of the GeoPixo platform. It is designed to facilitate the purchase and ownership tracking of digital real estate assets. GPX is not a cryptocurrency, security, or investment contract in itself, but rather a medium of exchange within the GeoPixo ecosystem.
Liquid GPX
- Freely transferable within platform
- Used to purchase assets
- No voting rights
- Does not earn GIP rewards
Solid GPX
- Locked/Staked in assets
- Represents ownership (m²)
- Potential governance rights
- Earns GIP (Investment Pool) shares
2. Issuance & Supply
GPX is minted based on real-world asset acquisition. The total supply for a given asset is calculated as 4x the land cost (Total GPX = Cost * 4). This ensures that the digital economy is backed by real-world value multiples while allowing for ecosystem growth.
3. Conversion Rules
Solid GPX can be converted back to Liquid GPX upon the sale of the underlying asset m² (Secondary Market) or through specific platform buyback events. Direct conversion (unstaking) may be subject to a cooling-off period and an exit fee (typically 5%) which is redistributed to the GIP.
4. User Rights & Limitations
Owning GPX grants you the right to use the platform and claim ownership of digital assets. It does not grant you legal title to the physical land unless explicitly processed through the 'Deed Redemption' (Tapulaştırma) process. Users must comply with all KYC/AML requirements to hold and trade GPX.