> ## Documentation Index
> Fetch the complete documentation index at: https://docs.launchonsoar.com/llms.txt
> Use this file to discover all available pages before exploring further.

# Key Concepts & Glossary

### 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.