2024-01-01
2024-12-31
GoPlus Security MiCAR White Paper
IN ACCORDANCE WITH
TITLE II OF REGULATION (EU) 2023/1114
Regulatory Disclosures
02. Statement in accordance with Article 6(3) of Regulation (EU) 2023/1114:
This crypto-asset white paper has not been approved by any competent
authority in any Member State of the European Union. The person seeking admission to trading of the
crypto-asset is solely responsible for the content of this crypto-asset
white paper.
03. Compliance statement in accordance with Article 6(6) of Regulation (EU) 2023/1114
This crypto-asset white paper complies with Title II of Regulation (EU)
2023/1114 and, to the best of the knowledge of the management body of GoPlus Security, the
information presented in the crypto-asset white paper is fair, clear and
not misleading and the crypto-asset white paper makes no omission likely
to affect its import.
04. Statement in accordance with Article 6(5), points (a), (b), (c):
The crypto-asset referred to in this white paper may lose its value in
part or in full, may not always be transferable and may not be liquid.
05. Statement in accordance with Article 6(5), point (d):
The utility token referred to in this white paper may not be exchangeable
against the good or service promised in the crypto-asset white paper,
especially in the case of a failure or discontinuation of the
crypto-asset project.
06. Statement in accordance with Article 6(5), points (e) and (f):
The crypto-asset referred to in this white paper is not covered by the
investor compensation schemes under Directive 97/9/EC of the European
Parliament and of the Council. The crypto-asset referred to in this white
paper is not covered by the deposit guarantee schemes under Directive
2014/49/EU of the European Parliament and of the Council.
Summary
07. Warning:
This summary should be read as an introduction to the crypto-asset white
paper. The prospective holder should base any decision to purchase this
crypto-asset on the content of the crypto-asset white paper as a whole
and not on the summary alone. The offer to the public of this
crypto-asset does not constitute an offer or solicitation to purchase
financial instruments and any such offer or solicitation can be made
only by means of a prospectus or other offer documents pursuant to the
applicable national law. This crypto-asset white paper does not
constitute a prospectus as referred to in Regulation (EU) 2017/1129 of
the European Parliament and of the Council (36) or any other offer
document pursuant to Union or national law.
08. Characteristics of the Crypto-Asset
The GoPlus Security token ($GPS) is the native utility token for the GoPlus ecosystem, a decentralized security layer for Web3. Holders of $GPS tokens have the right to access a comprehensive suite of security services, including real-time risk analysis for tokens, NFTs, and dApps. The token is used to pay for these services through subscriptions or as a per-transaction 'Security Gas' fee. Token holders can also participate in the project's governance by staking their tokens to vote on proposals, influencing the network's development. The rights and obligations tied to the token may be modified over time based on decisions made by the decentralized governance community.
09. Utility Token Summary
$GPS is the native utility token of the GoPlus Security ecosystem, used to pay for decentralized security services, fuel the SecWare Protocol as Security Gas, stake for participation and rewards, and govern the network — creating a closed-loop economy that aligns users, developers, and operators.
10. Key Information About the Admission to Trading
Admission to trading is being sought for the $GPS token. While the specific trading platforms are not finalized at the time of this publication, the goal is to list the token on one or more regulated crypto-asset trading platforms to ensure liquidity and accessibility for holders.
A. Information about the Person Seeking Admission to Trading
A.1 Name: Goplus Foundation
A.2 Legal Form: 3G60
A.3 Registered address: 3119 9 Forum Lane, PO Box 144, Camana Bay, George Town, Grand Cayman KY1-9006 Cayman Islands
A.4 Head office: N/A
A.5 Registration Date: 2024-10-29
A.6 Legal entity identifier: N/A
A.7 Another identifier required pursuant to applicable national law: CR-415186
A.8 Contact telephone number: N/A
A.9 E-mail address: [email protected]
A.10 Response Time (Days): 007
A.11 Parent Company: N/A
A.12 Members of the Management body:
| Name |
Business Function |
Business Address |
| Glenn Kennedy |
Director |
3119 9 Forum Lane, PO Box 144, Camana Bay, George Town, Grand Cayman KY1-9006 Cayman Islands |
A.13 Business Activity: GoPlus Security is building Web3's first decentralized security layer, providing comprehensive protection across all blockchain networks. Through its open, permissionless, and user-driven architecture, GoPlus can be seamlessly integrated by any blockchain or project to protect their users throughout their entire transaction lifecycle. By leveraging AVS and cutting-edge AI powered security solutions, it conducts thorough risk analysis and delivers smart, efficient and decentralized security services for users. GoPlus aims to create a more secure and user-friendly Web3 on-chain interaction environment by filling the gap of security layer in the current blockchain's architecture, providing users with more effective and better-experienced on-chain security protection.
A.14 Parent Company Business Activity: N/A
A.15 Newly Established: false
A.17 Financial condition since registration: Since registration, Company has strategically invested in growth, building a solid foundation reflected in its treasury reserve. It achieved steady revenue growth and maintain a healthy runway – significantly above industry benchmarks for startups. Its disciplined investment in talent and infrastructure positions it for scalable growth. Current operations are effectively funded, providing ample time to accelerate its revenue trajectory through existing growth initiatives and explore strategic financial partnerships.
B. Information about the issuer, if different from the offeror or person seeking admission to trading
B.1 Issuer different from offeror or person seeking admission to trading: true, the issuer is different from the offeror or person seeking admission to trading.
B.2 Name: TOPS LABS LTD
B.3 Legal Form: 6EH6
B.4 Registered address: Craigmuir Chambers, Road Town, Tortola, VG 1110, British Virgin Islands.
B.5 Head office: N/A
B.6 Registration Date: 2021-04-19
B.7 Legal entity identifier: N/A
B.8 Another identifier required pursuant to applicable national law: 2060604
B.9 Parent Company: GoPlus Foundation
B.10 Members of the Management Body:
| Name |
Business Function |
Business Address |
| Ming Li |
Director |
Blasenbergstrasse 14, Zug 6300, Switzerland |
| Yufeng Xu |
Director |
Blasenbergstrasse 14, Zug 6300, Switzerland |
B.11 Business Activity: GoPlus Security is building Web3's first decentralized security layer, providing comprehensive protection across all blockchain networks. Through its open, permissionless, and user-driven architecture, GoPlus can be seamlessly integrated by any blockchain or project to protect their users throughout their entire transaction lifecycle. By leveraging AVS and cutting-edge AI powered security solutions, it conducts thorough risk analysis and delivers smart, efficient and decentralized security services for users. GoPlus aims to create a more secure and user-friendly Web3 on-chain interaction environment by filling the gap of security layer in the current blockchain's architecture, providing users with more effective and better-experienced on-chain security protection.
B.12 Parent Company Business Activity: GoPlus is a leading Web3 security infrastructure provider, delivering real-time, dynamic security data for decentralized applications (dApps) and users. Our core services include token risk detection, malicious address screening, smart contract auditing, NFT security analysis, and dApp threat monitoring. Through scalable APIs and developer tools, we empower exchanges, wallets, and blockchain platforms to proactively mitigate risks such as scams, honeypots, and rug pulls. Our mission is to build a safer Web3 ecosystem by providing comprehensive, actionable security intelligence.
C. Information about the operator of the trading platform in cases where it draws up the crypto-asset white paper and information about other persons drawing the crypto-asset white paper pursuant to Article 6(1), second subparagraph, of Regulation (EU) 2023/1114
C.1 Name: N/A, This section is not applicable, as neither the operator of a trading platform nor any other person, apart from the issuer, has drawn up or contributed to the preparation of the crypto-asset white paper.
C.2 Legal Form: N/A
C.3 Registered address: N/A
C.4 Head office: N/A
C.5 Registration Date: N/A
C.6 Legal entity identifier of the operator of
the trading platform: N/A
C.7 Another identifier required pursuant to
applicable national law: N/A
C.8 Parent Company: N/A
C.9 Reason for Crypto-Asset White Paper
Preparation: N/A
C.10 Members of the Management body: N/A
C.11 Operator Business Activity: N/A
C.12 Parent Company Business Activity: N/A
C.13 Other persons drawing up the crypto-
asset white paper according to Article
6(1), second subparagraph, of
Regulation (EU) 2023/1114: N/A
C.14 Reason for drawing the white paper by
persons referred to in Article 6(1),
second subparagraph, of Regulation
(EU) 2023/1114: N/A
D. Information about the Crypto-Asset Project
D.1 Crypto-asset project name: GoPlus Security
D.2 Crypto-assets name: GoPlus Security Token
D.3 Abbreviation: GPS
D.4 Crypto-asset project description: GoPlus Security is building Web3's first decentralized security layer, providing comprehensive protection across all blockchain networks. Through its open, permissionless, and user-driven architecture, GoPlus can be seamlessly integrated by any blockchain or project to protect their users throughout their entire transaction lifecycle. By leveraging AVS and cutting-edge AI powered security solutions, it conducts thorough risk analysis and delivers smart, efficient and decentralized security services for users. GoPlus aims to create a more secure and user-friendly Web3 on-chain interaction environment by filling the gap of security layer in the current blockchain's architecture, providing users with more effective and better-experienced on-chain security protection. User security data usage increased by over 5000 times since 2022, daily API calls reach 21 million. GoPlus APP (launched March 2024) demonstrated high user trust with 12M+ wallets interacted and 2M+ users.
D.5 Details of all natural or legal persons
involved in the implementation of the
crypto-asset project:
| Name |
Business Function |
Business Address |
| Ming Li |
Founder |
Blasenbergstrasse 14, Zug 6300, Switzerland |
| Yufeng Xu |
Co-founder |
Blasenbergstrasse 14, Zug 6300, Switzerland |
D.6 Utility Token Classification: true
D.7 Key Features of Goods/Services for
Utility Token Projects: GoPlus Product Suite
D.8 Plans for the token: Network Architecture and Vision
• Core Objective: We are building an independent decentralized security network focused on security data and security computational services.
• Current Implementation: Although this network itself is not directly built on top of existing blockchains, we have developed the SecWare protocol on BNB Chain, which serves as a bridge connecting our ecosystem with BNB Chain.
• Future Expansion: In the future, we plan to expand to more chains in a prudent manner. Once we achieve stable integration and widespread adoption of our network with BNB Chain through the SecWare protocol, we will evaluate the possibility and timeline for further expansion.
• Ultimate Goal: While specific plans are still being formulated, our ultimate goal is to achieve extensive cross-chain compatibility while ensuring security and stability.
D.9 Resource Allocation: Financial Status & Projections
Current Status
• Achieved net income flow within two months of GoPlus APP launch and now it reaches 2M USDT.
• On track to reach break-even point by year-end 2024.
• Strong revenue outlook for next 12-24 months based on clear business model because we have 3 sources of income.
Revenue Model Evolution
• 2022-now: - Subscription-based Intelligence service model for business users.
• March-May 2024: - Subscription-based model for end user. Monthly and yearly subscription options. Stable recurring revenue from security services.
• November 2024: - Safetoken Protocol. Locker fees for token projects. 4 Launchpads including pancake springboard has integrated locker which means every token launching on them will pay for the locker. Cover ethereum, bnb chain, base, gravity, morph and will support solana, sui.
• After TGE: - Introducing "Security Gas" model. Charge per protected transaction for users. Lower entry barrier for users. Maintaining subscription option for high-volume users. More flexible user pricing options.
• From Security to Secure Trading: - Leveraging our large user base and security expertise to expand into trading services. Revenue from trading fees while maintaining security as core value proposition.
Sustainable Growth
• Revenue from GoPlus security services.
• Multiple revenue streams ensuring financial stability.
• Self-sustaining business model without the need for additional funding.
• Strong user-based product.
Financial Growth Trajectory (2024-2025)
2024: Foundation Building
• Started with moderate monthly revenue of ~$120-200K in early 2024.
• Steady growth throughout the year.
• Break-even achieved by December 2024 ($34.3K profit).
• Cost structure remains stable at ~$290-320K monthly.
• Maintained efficient operations while scaling user base.
2025: Accelerated Growth
• Strong revenue acceleration from $800K to $4.2M monthly.
• 5x revenue growth over the year.
• Moderate increase in operational costs (~10-15%).
• Significantly improved profit margins.
• Scale benefits becoming apparent.
Key Growth Drivers:
• Maturation of security gas model.
• Multi-chain SafeToken Protocol expansion.
• Launch of trading infrastructure.
• Growing B2B intelligence service revenue.
• Expanding paid user base.
This projection demonstrates our transition from the investment phase to profitable growth, with particularly strong acceleration in 2025 as our full product suite reaches maturity.
D.10 Planned Use of Collected Funds or
Crypto-Assets: Treasury Management Plan
Objectives and Principles
• Security: - Ensure the security of $GPS tokens, avoiding unnecessary risks.
• Liquidity: - Maintain sufficient liquidity to meet the needs of the ecosystem's normal operations, user demands, and various emergencies.
• Ecosystem Incentives: - Incentivize security data providers, security computing power providers, and SecWare ecosystem developers through various reward mechanisms.
• Transparency: - Ensure transparency and compliance in all fund management activities.
Risk Management
• Asset Security Measures: - Store the majority of funds in cold wallets with multi-layer security protection.
• Safe Multisig Wallet: - Use Safe multisig wallets to manage tokens, ensuring the safety and transparency of operations.
• Multisig Mechanism: - Set around 5 signers, mainly team and core members of Governance, requiring more than 3 signatures to execute transactions, reducing the risk of single-point failures and malicious behavior.
• Permission Allocation: - Set different approval levels and the number of signers based on transaction amounts and importance.
• Real-time Monitoring and Auditing: - Monitor all transaction activities in real time and regularly audit transaction records to ensure compliance with internal control and risk management strategies.
Asset Management Plan
Asset Allocation
Financial
• Token Buyback Stablecoin Fund: - Act as a stablecoin guarantee pool, dedicated to token buybacks, ensuring Governance has sufficient token liquidity.
• Protocol Liquidity Pool: - Serve as the liquidity guarantee necessary for SecWare Protocol and network operations, used as ecosystem incentives.
• Revenue Pool: - Act as a profit pool for security services, shared with security service providers.
• Governance Expenditure Fund: - Used for Development, Ecosystem, and Market expenditures.
Development & Ecosystem
• Infrastructure Deployment and Continuous Operation: - Deploy and maintain network infrastructure.
• Research Institutions: - GoPlus Open Research will be dedicated to the research and exploration of underlying security technologies long-term. The foundation will actively sponsor universities and researchers to explore and research topics related to User Security.
• Network Security Operations: - Security monitoring services and continuous audits.
• Grant Ecosystem Investment: - Invest in security ecosystem projects related to User Security, supporting ecosystem project development and incubation.
Market
• Marketing Activities (Advertising, Payments, Partnerships): - Used for daily operations.
• Community and Outreach Activities (Meetups, Hackathons): - Expand the market, promote necessary community activities, conferences, and hackathons.
Revenue Sources
Specifically, the treasury funds come from the following three aspects:
• Subscription-based Security Services: - Users can subscribe to our security services, paying a fixed amount of $GPS tokens periodically to gain continuous access to security services. This model is particularly attractive to users who need stable and continuous security services and provides a stable revenue source for the treasury.
• Security Gas: - Users need to pay $GPS tokens as fees to access various SecWare security applications, protecting and intercepting threats in each transaction. In the future, we will integrate with chains that have USM, consuming native chain Gas directly for settlement.
• Computation Node Slash: - Computation node contributors need to stake $GPS tokens to verify their capability and commitment. When nodes fail to perform their duties or exhibit malicious behavior, these staked tokens will be partially or fully slashed and become treasury income.
• Developer Application Registration: - Developers need to stake and consume a small amount of $GPS tokens before publishing their SecWare applications. These staked tokens ensure application quality and security. Developers can earn rewards through successful application operation and user payments, but applications that fail to meet standards may result in slashed staked tokens.
Incentive Policies
GoPlus Network ensures that ecosystem contributors' efforts are fully rewarded through comprehensive incentive policies. In the entire fund allocation, Protocol Liquidity Pool and Revenue Pool serve as the liquidity guarantee necessary for SecWare Protocol and network operations, used as ecosystem incentives. In the ecosystem, there are three main incentive roles:
• Data Contributors: - Provide high-quality security data, receiving token rewards, reputation enhancement, and higher community visibility.
• Computation Node Contributors: - Run reliable nodes, provide computing power, receiving token rewards related to resource and service consistency.
• SecWare Developers: - Design and develop cutting-edge security services, sharing the Revenue Pool and earning profits.
Governance Rules
In GoPlus Network governance, all users wishing to participate in voting must stake $GPS tokens to obtain voting weight. The user's voting weight is directly related to the number of staked tokens, ensuring that voters have sufficient commitment and responsibility to the ecosystem. The more staked, the greater the user's confidence in the network's future and their influence on shaping network development. This stake-based voting mechanism encourages long-term holding and responsible governance participation. Meanwhile, users can delegate their voting rights to key security nodes in the network. Through these mechanisms, GoPlus Network ensures ecosystem vitality while providing contributors and users the motivation to participate in ecosystem growth. Every security gas fee paid, every stake, and every vote cast demonstrates the user's and contributor's trust and commitment to the long-term success of the GoPlus ecosystem.
Treasury Holdings
No. Tokens / Fiat - Price per Token - Total In USD
Project Treasury
5.22M USDC - - 5.22M
Fiat Bank Accounts
226K USD - - 226K
E. Information about the Admission to Trading
E.1 Public Offering or Admission to trading: ATTR
E.2 Reasons for Public Offer or Admission to
trading: Our primary reasons for admission to trading are raising funds to support project development, enhancing the project's visibility and credibility, providing liquidity for early contributors and investors, and establishing a market-based valuation for the token.
E.3 Fundraising Target: N/A
E.4 Minimum Subscription Goals: N/A
E.5 Maximum Subscription Goal: N/A
E.6 Oversubscription Acceptance: N/A
E.7 Oversubscription Allocation: N/A
E.8 Issue Price: N/A
E.9 Official currency or any other crypto-
assets determining the issue price: N/A
E.10 Subscription fee: N/A
E.11 Offer Price Determination Method: N/A
E.12 Total Number of Offered/Traded Crypto-
Assets: 1
E.13 Targeted Holders: RETL
E.14 Holder restrictions: Yes we have lockup schedule.
E.16 Refund Mechanism: N/A
E.17 Refund Timeline: N/A
E.18 Offer Phases: N/A
E.19 Early Purchase Discount: N/A
E.20 Time-limited offer: N/A
E.21 Subscription period beginning: N/A
E.22 Subscription period end: N/A
E.23 Safeguarding Arrangements for Offered
Funds/Crypto-Assets: N/A
E.24 Payment Methods for Crypto-Asset
Purchase: Cryptocurrencies
E.25 Value Transfer Methods for Reimbursement: transfers of crypto-assets
E.26 Right of Withdrawal: N/A
E.27 Transfer of Purchased Crypto-Assets: on-chain transactions or CEXs
E.28 Transfer Time Schedule: N/A
E.29 Purchaser's Technical Requirements: Digital wallet
E.30 Crypto-asset service provider (CASP)
name: N/A
E.31 CASP identifier: N/A
E.32 Placement form: N/A
E.33 Trading Platforms name: Bitvavo, Kraken
E.34 Trading Platforms Market Identifier Code (MIC): VAVO, PGSL
E.35 Trading Platforms Access: Account registration
E.36 Involved costs: Trading Fees
E.37 Offer Expenses: N/A
E.38 Conflicts of Interest: N/A
E.39 Applicable law: the Netherlands
E.40 Competent court: District Court of Amsterdam
F. Information about the Crypto-Assets
F.1 Crypto-Asset Type: $GPS
F.2 Crypto-Asset Functionality: $GPS Token - Powering the Complete Web3 Security Lifecycle
GoPlus Network Security Infrastructure
GoPlus Network is building a comprehensive security infrastructure covering three critical aspects:
• Secure Asset Issuance: Standardizing token creation and deployment.
• Secure Asset Management: Professional liquidity and token management.
• Secure Trading: Protected transactions and risk prevention.
The $GPS token is designed to power every aspect of this security lifecycle:
Security Service Fees
• End users pay security gas in $GPS when using transaction protection services.
• Business users pay in $GPS to access security intelligence.
• Projects pay in $GPS to utilize SafeToken Protocol for liquidity management.
Staking
• Ecosystem contributors have to stake $GPS to become security service computing nodes or security data providers and earn rewards for their contributions.
Security Trading Fees
• GoPlus APP will expand into DEX trading with built-in security features, focusing on a secure meme token trading experience.
• The platform will offer fast, secure token swaps with built-in security checks.
• Trading fees will be collected in $GPS, with a portion used for ecosystem rewards and development.
Demand and Value Drivers
Demand Drivers
• End Users: Large existing user base, every protected transaction will require $GPS, and alternative payments will be converted to $GPS via buybacks.
• Business Services: 10,000+ projects using services, 30M+ daily requests, and fees for integration, API access, and SafeToken Protocol paid in $GPS.
• Staking Requirements: All ecosystem participants (data providers, compute nodes, developers) must stake $GPS, reducing circulating supply.
Value Drivers
• Revenue-Backed Utility: Profitable business model, high user retention, and continuous revenue from security services.
• Multiple Revenue Streams: Fees from consumer services, business APIs, and the SafeToken Protocol.
• Growth & Expansion: New revenue from secure trading infrastructure, MEV protection, and future security products.
F.3 Planned Application of Functionalities: Fully functionable
F.4 Type of white paper: OTHR
F.5 The type of submission: NEWT
F.6 Crypto-Asset Characteristics: GoPlus Security Overview
• Vision: An open, permissionless, and user-driven User Security Network for Web3.
• Integration: Provides an adaptable user security module designed to seamlessly integrate with any blockchain, enhancing user safety.
• Protection: Offers comprehensive protection across the entire user transaction lifecycle by leveraging AVS and cutting-edge AI-powered security solutions for thorough risk analysis.
• Goal: To create a more secure and user-friendly Web3 on-chain environment by filling the user security layer gap in the current blockchain architecture.
Growth and Achievements
• Exponential Growth: User security data usage has increased by over 5000 times since 2022, with daily API calls reaching 21 million.
• GoPlus APP: The launch of the GoPlus APP (formerly SecWareX) in March 2024 demonstrated high levels of user trust and engagement.
• Ecosystem Support: GoPlus supports over 20 blockchain networks and partners with RPCs, Rollups, and RaaS projects.
Technological Innovations
• Core Technology: Innovations like the SecScan security engine and SecWare protocol leverage an open security data and computing layer.
• Future-Ready: Poised to exploit the capabilities of Eigenlayer's Actively Validated Services (AVSs) to enhance the decentralization and security of the entire network.
Additional Resources
• GoPlus Network Whitepaper
• Messari Report: Understanding GoPlus
F.7 Commercial name or trading name: GPS
F.8 Website of the issuer: https://gopluslabs.io/
F.9 Starting date of offer to the public or
admission to trading: 2025-09-16 (tentative)
F.10 Publication date: 2025-09-16
F.11 Any other services provided by the
issuer: GoPlus Security is building Web3's first decentralized security layer, providing comprehensive protection across all blockchain networks. Through its open, permissionless, and user-driven architecture, GoPlus can be seamlessly integrated by any blockchain or project to protect their users throughout their entire transaction lifecycle. By leveraging AVS and cutting-edge AI powered security solutions, it conducts thorough risk analysis and delivers smart, efficient and decentralized security services for users. GoPlus aims to create a more secure and user-friendly Web3 on-chain interaction environment by filling the gap of security layer in the current blockchain's architecture, providing users with more effective and better-experienced on-chain security protection.
F.13
Digital Token Identifier Code used to
uniquely identify the crypto-asset or each
of the several crypto assets to which the
white paper relates, where available: N/A
F.13 Language or languages of the white paper: English
F.14 Functionally Fungible Group Digital
Token Identifier, where available: N/A
F.15 Voluntary data flag: true
F.16 Personal data flag: false
F.17 LEI eligibility: false
F.18 Home Member State: NL
F.19 Host Member States: AT, BE, BG, HR, CY, CZ, DK, EE, FI, FR, DE, EL, HU, IT, LV, LT, LU, MT, NL, PL, PT, RO, SK, SI, ES, SE
G. Information on the rights and obligations attached to the crypto-assets
G.1 Purchaser Rights and Obligations: Purchaser Rights
• Right to receive the crypto-assets upon valid purchase.
• Right to accurate and non-misleading information.
• Right to transfer, use, or sell the crypto-assets (subject to restrictions).
• Right to reimbursement in certain cases (e.g., unlawful offering, withdrawal right).
• Right to legal recourse under applicable law.
Purchaser Obligations
• Obligation to provide truthful and accurate information.
• Obligation to comply with applicable laws and regulations.
• Obligation to bear risks associated with crypto-asset ownership.
• Obligation to ensure use of compatible technical infrastructure.
G.2 Exercise of Rights and obligations: Procedures and Conditions for Exercising Rights
• Submission of a valid claim or request through the issuer’s designated communication channel (e.g., email, platform interface).
• Identification and verification of the purchaser, if required.
• Exercise must occur within any applicable deadlines or notice periods.
• Compliance with the terms and conditions set out in the offering documentation or smart contract.
• Provision of necessary supporting documentation or wallet address.
• No suspension or restriction of rights under applicable law at the time of exercise.
• Rights may only be exercised if the purchaser has fulfilled all payment and compliance obligations.
G.3 Conditions for modifications of rights and
obligations: Conditions for Modification
• If explicitly permitted under the offering terms or smart contract.
• By mutual agreement between the issuer and the purchaser.
• Due to changes in applicable laws or regulatory requirements.
• Upon approval by a majority vote of token holders, if governance rights apply.
• In response to technical upgrades, forks, or migrations of the blockchain protocol.
• Through amendments to the project’s legal documentation, with prior notice to holders.
• In cases of force majeure or other unforeseen circumstances that materially affect the project.
G.4 Future Public Offers: Plans for Future Public Offers
• No immediate plans for additional public offerings, unless market conditions justify.
• Potential future offerings may be considered to support project development or ecosystem growth.
• Any future offerings will comply with applicable regulatory requirements.
• Details of future offerings, if any, will be disclosed through official communication channels.
• The issuer reserves the right to conduct private or strategic sales prior to any new public offering.
G.5 Issuer Retained Crypto-Assets: 1
G.6 Utility Token Classification: true
G.7 Key Features of Goods/Services of
Utility Tokens: $GPS Token Utility
GoPlus Network Security Infrastructure
• Secure Asset Issuance: Standardizing token creation and deployment.
• Secure Asset Management: Professional liquidity and token management.
• Secure Trading: Protected transactions and risk prevention.
Token Lifecycle Integration
The $GPS token is designed to power every aspect of this security lifecycle:
• Security Service Fees: End users pay security gas in $GPS for transaction protection, businesses pay for security intelligence, and projects pay for SafeToken Protocol liquidity management.
• Staking: Ecosystem contributors stake $GPS to become security service computing nodes or data providers and earn rewards.
• Security Trading Fees: The GoPlus APP will feature a DEX with built-in security for a safe trading experience. Trading fees will be collected in $GPS to drive utility and fund ecosystem development.
G.8 Utility Tokens Redemption: $GPS Token Utility and Redemption
GoPlus Network Security Infrastructure
• Secure Asset Issuance: Standardizing token creation and deployment.
• Secure Asset Management: Professional liquidity and token management.
• Secure Trading: Protected transactions and risk prevention.
Token Lifecycle Integration
The $GPS token is designed to power every aspect of this security lifecycle:
• Security Service Fees: End users pay security gas in $GPS for transaction protection, businesses pay for security intelligence, and projects pay for SafeToken Protocol liquidity management.
• Staking: Ecosystem contributors stake $GPS to become security service computing nodes or data providers and earn rewards.
• Security Trading Fees: The GoPlus APP will feature a DEX with built-in security for a safe trading experience. Trading fees will be collected in $GPS to drive utility and fund ecosystem development.
G.9 Non-Trading request: true
G.10 Crypto-Assets purchase or sale
modalities: N/A
G.11 Crypto-Assets Transfer Restrictions: Lockup schedule
G.12 Supply Adjustment Protocols: false
G.13 Supply Adjustment Mechanisms: N/A
G.14 Token Value Protection Schemes: false
G.15 Token Value Protection Schemes
Description: N/A
G.16 Compensation Schemes: false
G.17 Compensation Schemes Description: N/A
G.18 Applicable law: the Netherlands
G.19 Competent court: District Court of Amsterdam
H. Information on the Underlying Technology
H.1 Distributed ledger technology: The GoPlus decentralized security network combines blockchain-based service registration with an off-chain verification network anchored to decentralized consensus.
Service Registration – All SecWare Protocol service registration and related smart contracts are deployed on BNB Chain, leveraging its EVM-compatible architecture.
Verification Network – The network’s decentralized security computation layer is built on EigenLayer’s Actively Validated Services (AVS) framework, enabling a globally distributed set of node operators to execute and validate security computation tasks. EigenLayer AVS inherits Ethereum’s Proof-of-Stake consensus for operator restaking and slashing.
This hybrid architecture ensures that service registry and token operations benefit from on-chain immutability, while high-performance, decentralized computation is provided by the AVS network. Future plans include multi-chain integration to expand compatibility and resilience.
H.2 Protocols and technical standards: We are building an independent decentralized security network focused on security data and security computational services. Although this network itself is not directly built on top of existing blockchains, we have developed the SecWare protocol on BNB Chain, which serves as a bridge connecting our ecosystem with BNB Chain. In the future, we plan to expand to more chains in a prudent manner. Once we achieve stable integration and widespread adoption of our network with BNB Chain through the SecWare protocol, we will evaluate the possibility and timeline for further expansion. While specific plans are still being formulated, our ultimate goal is to achieve extensive cross-chain compatibility while ensuring security and stability.
H.3 Technology Used: We are building an independent decentralized security network focused on security data and security computational services. Although this network itself is not directly built on top of existing blockchains, we have developed the SecWare protocol on BNB Chain, which serves as a bridge connecting our ecosystem with BNB Chain. In the future, we plan to expand to more chains in a prudent manner. Once we achieve stable integration and widespread adoption of our network with BNB Chain through the SecWare protocol, we will evaluate the possibility and timeline for further expansion. While specific plans are still being formulated, our ultimate goal is to achieve extensive cross-chain compatibility while ensuring security and stability.
H.4 Consensus Mechanism: Consensus Mechanism Roles & Responsibilities
Data Contributors
• Participation: Stake $GPS and provide high-quality security data to the GoPlus Network Security Data Layer.
• Proof of Contribution: Data is validated through a combination of programmatic and human-in-the-loop verification.
• Rewards: Rewarded with $GPS, financial incentives, and reputational benefits.
• Penalty: Poor quality or malicious data can result in slashed stakes, loss of reputation, and future rewards.
Compute Node Contributors (AVS Operators)
• Participation: Stake $GPS and operate reliable nodes to provide computational power for SecWare.
• Proof of Contribution: Proven through stable node operation and the amount of computational resources provided, monitored by the system.
• Rewards: Receive $GPS based on computational resources supplied and service consistency.
• Penalty: Unreliable operation or malicious contributions will lead to slashed stakes and potential removal from the network.
SecWare Developers
• Participation: Stake $GPS, register as a developer, and create user security services within the SecWare ecosystem.
• Proof of Contribution: Utilize the network's computing power via the GoPlus Security Engine to develop effective security services.
• Rewards: Share in ecosystem profits by selling security services through subscription or gas models, earning $GPS.
• Penalty: Ineffective or harmful services may result in slashed stakes and a ban from further contributions.
H.5 Incentive Mechanisms and Applicable
Fees:
Incentive Policies
GoPlus Network ensures that ecosystem contributors are fully rewarded through comprehensive incentive policies. The Protocol Liquidity Pool and Revenue Pool provide the necessary liquidity for SecWare Protocol operations and are used for ecosystem incentives.
Incentive Roles
•
Data Contributors: Provide high-quality security data and receive token rewards, reputation enhancement, and increased community visibility.
• Computation Node Contributors: Run reliable nodes, provide computing power, and receive token rewards based on resource contribution and service consistency.
• SecWare Developers:Design and develop cutting-edge security services, sharing in the Revenue Pool and earning profits.
H.6 Use of Distributed Ledger Technology: false
H.7 DLT Functionality Description: N/A
H.8 Audit: true
H.9 Audit outcome: fully compliant
I. Information on Risks
I.1 Offer-Related Risks:
• Crypto-asset prices may be highly volatile
• Trading may be illiquid or unavailable at times
• Regulatory changes may impact legality or usage
• Technical or cybersecurity failures may lead to loss
• The project may not meet its development goals
I.2 Issuer-Related Risks:
• Issuer may face financial difficulties
• Management or governance issues may arise
• Legal or regulatory problems could occur
• Dependence on key personnel or partners
• Negative reputation may impact the project
I.3 Crypto-Assets-related Risks: High price volatility may lead to investment losses
• Technical vulnerabilities may pose security risks
• Trading may be limited or illiquid
• Legal and regulatory uncertainties may arise
• Holding and managing crypto-assets require technical expertise, posing operational risks
I.4 Project Implementation-Related Risks:
• Delays or failures in delivering planned features or milestones
• Insufficient funding or resources to complete the project
• Technical challenges or unforeseen obstacles
• Dependence on third-party providers or partners
• Changes in market demand or user adoption rates
• Possible security vulnerabilities during development or deployment
I.5 Technology-Related Risks:
• Potential software bugs or vulnerabilities
• Risk of smart contract exploits or hacks
• Dependence on third-party protocols or infrastructure
• Possible blockchain network failures or forks
• Rapid technological changes may require costly upgrades
I.6 Mitigation measures:
• Conduct thorough smart contract audits by reputable firms
• Implement regular security testing and code reviews
• Use multi-layered security protocols and encryption
• Maintain backups and disaster recovery plans
• Monitor network performance and upgrade technology proactively
• Collaborate with trusted third-party service providers
• Keep the community informed about updates and vulnerabilities
J. Information on the sustainability indicators in relation to adverse impact on the climate and other environment-related adverse impacts
S.1 Name: Goplus Foundation
S.2 Relevant legal entity identifier: N/A
S.3 Name of the crypto-asset: GoPlus Security Token
S.4 Consensus Mechanism: See Section H.4.
S.5 Incentive Mechanisms and Applicable Fees: See Section H.5.
S.6 Beginning of the
period to which the
disclosure relates: 2025-05-20
S.7 End of the period to
which the disclosure
relates: 2025-05-20
S.8 Energy consumption: 0.038kwh
S.9 Energy consumption
sources and
methodologies:
The energy consumption of the GPS token is determined through a multi-network allocation methodology. First, the total energy consumption of the underlying blockchain network(s) is calculated. The token's proportional energy footprint is then derived from its gas consumption relative to the network's total transactional activity during the measurement period. The final consumption value represents the aggregated energy impact across all network instances where the token operates.