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The Internet Capital Market (ICM) Pillar

Concepts defining the new landscape of on-chain capital formation.
  • Internet Capital Market (ICM): A blockchain-native financial system where capital is pooled, issued, and traded globally without traditional intermediaries. It bridges the gap between early-stage innovation and retail liquidity, allowing anyone with an internet connection to participate in startup growth.
  • On-chain Capital Formation: The process of raising funds directly on a blockchain through transparent smart contracts, replacing traditional “private circle” VC rounds.
  • Consumer Ownership: A shift from “users” to “owners,” where participants hold assets that represent a direct claim on a company’s success rather than just platform utility.

The DRP Token Standard & Ownership Coins

Technical and legal definitions for SOAR’s proprietary standard.
  • Digital Representation of Participation (DRP): SOAR’s patent-pending token standard designed to provide a canonical reference for participation, moving away from the “governance token” model.
  • Ownership Coin (OC): The primary asset type on SOAR. Unlike “Donation Coins,” OCs are tokens used to measure a private claim claim on a company’s future liquidity event (IPO or Acquisition).
  • Senior Debt Obligation: In the SOAR context, this means that the private agreement between SOAR the platform and the company experiencing a liquidity event, must settle the obligation first according to the measurement derived from the OC.
  • The “Burn the Boats” Standard: An integrity-first launch mechanism where founders mint only the tokens required for initial liquidity (typically ~6–7%) and “burn” the ability to access a hidden supply.

SOAR Valuation & Integrity Metrics

Math-heavy concepts that enforce radical transparency.
  • FDV = Market Cap Standard: The core rule that FDV = Market Cap. This eliminates the “low float, high FDV” trap by ensuring no hidden tokens exist in team wallets to dilute holders later.
    • FDV = Total Supply x Current Price
    • MarketCap = Circulating Supply x Current Price
    • On SOAR, Total Supply = Circulating Supply at launch.
  • Launch Freeze: A mandatory 3-month period post-launch where tokens are prevented from further mints to prevent immediate “pump and dump” behavior and force focus on business growth.

Roles & Ecosystem Participants

The people who power the SOAR engine.
  • Founders: Entrepreneurs launching projects on SOAR who agree / may agree to the DRP standard.
  • Participants: Individuals who contribute capital by trading OCs, gaining liquid exposure to startup innovation.
  • Scouts: Ecosystem participants who identify and vet promising projects for the platform, often incentivized through referral or reward programs.