GLOBAL POUND (GPND)
Public Technical White Paper
1. Abstract
Global Pound (GPND) is a proposed fungible ERC-20 token to be deployed on the Base network. This document describes its proposed technical specification, supply model and transparency commitments. It is a draft and does not constitute an offer of any kind.
2. Token specification
- Token name
- Global Pound
- Symbol
- GPND
- Proposed initial supply
- 100,000,000 GPND
- Standard
- ERC-20
- Decimals
- 18
- Network
- Base (Ethereum Layer 2)
- Contract status
- Testnet development
3. Network
Development and testing take place on Base Sepolia (chain ID 84532). Deployment to Base Mainnet (chain ID 8453) will occur only after review and approval. Contract source code will be verified on BaseScan.
4. Proposed allocation
- Founding and project treasury: 50% (50,000,000 GPND)
- Community and ecosystem: 20% (20,000,000 GPND)
- Contributors and development: 10% (10,000,000 GPND)
- Liquidity reserve: 10% (10,000,000 GPND)
- Public distribution reserve: 10% (10,000,000 GPND)
5. Contract design
The contract is intended to use audited OpenZeppelin ERC-20 libraries with a fixed initial mint of 100,000,000 tokens at 18 decimals. Any administrative capabilities will be disclosed before deployment.
6. Nature of the asset
GPND is not a stablecoin, is not pegged to or redeemable for pounds sterling, and is not issued by the Bank of England or any public authority. It confers no equity or guaranteed return.
7. Risks
Important: GPND is a proposed digital asset in pre-launch development. It is not a stablecoin, is not pegged to or backed by pounds sterling, is not issued by or associated with the Bank of England or HM Treasury, and confers no ownership or guaranteed return. Nothing on this site is an offer, financial promotion or investment advice. Cryptoassets are high risk and you could lose all value.