1. Abstract
Diaspora Nearby is the world's first Reputation-to-Asset Engine — a platform that converts social capital and community participation into liquid, on-chain assets. The $DIASPORA token (ERC-20 on Base Mainnet) represents the economic layer of a social network purpose-built for the global diaspora community.
Unlike traditional tokens that are purchased, $DIASPORA is primarily earned through daily social activity — making it one of the few tokens whose value is directly derived from genuine human engagement rather than speculation.
Core Thesis: Every connection you build and every trust you earn is minting your future liquid assets. The community controls the value through real economic activity.
2. Token Identity
$DIASPORA is a utility token used within the Diaspora Nearby platform. The primary method of token distribution is community participation through the epoch-based TGE (Token Generation Event) system. A Liquidity Treasury allocates 5% of total epoch supply to provide DEX liquidity for open market access. There is no public sale, ICO, or IEO.
3. DSP vs $DIASPORA — Two Systems, One Journey
DSP (Diaspora Social Points) and $DIASPORA are intentionally decoupled. Understanding the difference is essential to understanding the economic model.
Diaspora Social Points (DSP)
- Off-chain reputation score stored in Firestore
- Earned through daily social activity (verifying, vouching, messaging, transacting)
- Tracks your social contribution to the community
- Accumulates until the next TGE milestone is triggered
- 1:1 matching — for every 1 DSP earned, another 1 DSP is created for distribution
$DIASPORA Token
- On-chain ERC-20 on Base Mainnet — a real, liquid asset you own
- Pre-minted and locked per epoch by the TGE Controller contract
- Conversion rate at TGE depends on your PoCT (Proof of Community Trust) score
- Fully verifiable on Basescan
- Burns are permanent — sent to address zero, verifiable on-chain
TGE Conversion: When the community reaches the epoch milestone (verified user count), all accumulated off-chain DSP points convert into liquid $DIASPORA tokens at your PoCT efficiency rate.
4. How You Earn DSP
DSP is earned through Proof of Activity — genuine social actions within the Diaspora Nearby platform. There is no way to buy DSP. Every point reflects actual community contribution.
| Activity | Reward |
|---|---|
| Welcome Bonus | +1,000 DSP |
| Complete Profile | +1,000 DSP |
| Refer a Friend | +1,000 DSP each |
| QR Identity Exchange | +100 DSP |
| Family Connection | +100 DSP |
| Verify a Profile | +100 DSP |
| Vouch for Trust | +100 DSP |
| Community Event | +100 DSP |
| Host a Traveler | +100 DSP each |
| Economy Transaction | $1 = 1 DSP |
5. Token Distribution Model — 1:1 Matching Expansion
For every 1 DSP earned by a user, the protocol creates a matching 1 DSP — distributed across 10 equal slots. This ensures that community value creation simultaneously funds all ecosystem layers.
Community Treasury Distribution (70%)
The 70% Community Treasuries allocation flows into 7 treasury slots across the user's geographic hierarchy:
- Global Fund Reserve — shared across all users globally
- Home Continent — user's country of origin continent
- Home Country — user's country of origin
- Home City — user's city of origin
- Host Continent — where user currently lives
- Host Country — current country of residence
- Host City — current city of residence
These treasuries power Diaspora Direct Investments (DDI) — community-governed loans and investments that fund businesses, large infrastructure projects, and economic development in both home and host communities.
6. Epoch Scaling & Token Generation Events
The $DIASPORA ecosystem follows a 10-epoch scaling model. Each epoch represents a 10x growth milestone in verified community members. When the community reaches an epoch's milestone, a Token Generation Event (TGE) converts all accumulated DSP into liquid $DIASPORA tokens.
| Epoch | Milestone | $DIASPORA Pre-Minted | Name |
|---|---|---|---|
| 1 | 100 Verified | 1,000,000 | "Genesis Believer" |
| 2 | 1,000 | 10,000,000 | "Growth Partner" |
| 3 | 10,000 | 100,000,000 | "Scale Investor" |
| 4 | 100,000 | 1,000,000,000 | "Institutional Partner" |
| 5 | 1,000,000 | 10,000,000,000 | "Strategic Partner" |
| 6 | 10,000,000 | 100,000,000,000 | "Sovereign Fund" |
| 7 | 100,000,000 | 1,000,000,000,000 | "Global Reserve" |
| 8 | 1,000,000,000 | 10,000,000,000,000 | "Planetary" |
| 9 | 10,000,000,000 | 100,000,000,000,000 | "Universal" |
| 10 | 100,000,000,000 | 1,000,000,000,000,000 | "Infinite" |
Why 10x scaling? Each epoch requires 10x more verified humans than the last. This creates an exponential growth curve where early participants earn at the lowest difficulty, rewarding founding believers.
7. Dynamic Valuation Model
$DIASPORA's value is not speculative — it's anchored to real economic activity. The implied token price is determined by a multi-factor model that considers network effects, deflation, epoch progression, and fiat GDP.
Pre-TGE Implied Pricing Formula
Factor Breakdown
- Network Factor (N): Based on Metcalfe's Law — value scales with the square of the user count, normalized to a 0–3 range. More users = exponentially higher value.
- Deflation Factor (D): Measures the burn ratio (totalBurned ÷ totalMinted). As more tokens are permanently burned, scarcity increases and the price floor rises.
- Epoch Multiplier (E): Each epoch compounds growth — Epoch 1 = 1x, Epoch 2 = 1.5x, Epoch 3 = 2.25x, etc.
- GDP Factor (G): Actual fiat GDP processed through the platform. Every flight booked, product sold,
and service hired adds real fiat value to the floor. Formula:
$1 fiat GDP = $0.0001 per DSP boost.
Floor Price
This floor price ensures that $DIASPORA always has a minimum value anchored to real economic activity on the platform, not market speculation.
8. Smart Contracts (Base Mainnet)
All contracts are deployed on Base Mainnet (Coinbase L2, Chain ID: 8453). They are upgradeable via the UUPS proxy pattern and secured with OpenZeppelin role-based access control.
9. Security Architecture
UUPS Proxy Pattern
Contracts are upgradeable via UUPS proxies with OpenZeppelin's battle-tested libraries, allowing bug fixes while preserving state.
Role-Based Access
Admin, Minter, Upgrader, and TGE Oracle roles are separated. No single key controls everything.
On-Chain Verification
All minting, locking, and distribution events are recorded on-chain. Anyone can verify on the blockchain.
Immutable Burns
Burned tokens are sent to the zero address — permanently removed from circulation, verifiable on-chain.
Smart Wallet Architecture
Users interact with the blockchain through non-custodial Smart Wallets based on Account Abstraction. These wallets are deterministically generated from phone numbers using CREATE2, enabling gasless transactions where the platform sponsors gas fees on behalf of users.
10. Transparency & Verification
$DIASPORA's value isn't speculative — it's anchored to real economic activity. The floor price is determined by actual Fiat GDP processed through the platform.
Every flight booked, product sold, and service hired adds real fiat value to the GDP floor. More activity = higher floor price. The community controls the value.
How to Verify
- View Token on Basescan — verify supply, holders, transfers
- View TGE Controller on Basescan — verify minting and locking events
- All contract source code is verified and readable on Basescan
11. Community Governance
Governance in Diaspora Nearby is merit-based, not plutocratic. Only community members who meet strict eligibility requirements can participate in governance decisions.
Governance Eligibility
- 100 days active participation minimum
- Must be an admin of a 100+ member group
- PoCT score ≥ 90 (Proof of Community Trust)
- Staking requirement: PoCT score must stay above 90
Governance Types
- Host Community DDI Loans: 51% vote required, 10-day window — for starting, expanding, or operating businesses
- Home Country Large Projects: 67% supermajority, 100-day window — for $1M+ capital expansions and infrastructure
No Token Voting: Governance is based on reputation and community contribution, not token holdings. This prevents whale dominance and ensures decisions are made by active, trusted community members.
12. Liquidity Treasury
The Liquidity Treasury allocates 5% of total epoch supply to provide DEX liquidity for the $DIASPORA ecosystem. Rather than private sales, SAFT offerings, or VC allocations, this approach gives everyone equal access to $DIASPORA on decentralized exchanges.
How It Works
Each epoch has 10 TGE milestones. At each milestone, the Liquidity Treasury releases tokens to the DEX pool with a decile conversion model — earlier releases provide higher conversion rates, creating natural price discovery.
Why Open Market Instead of Private Sales
- No VCs, no private rounds — anyone can access $DIASPORA on equal terms via DEX
- Only 5% of total epoch supply — a modest, controlled release
- Earned tokens stay held — users who earn through community participation tend to hold, creating natural scarcity and making the Liquidity Treasury a key accessible source
- No securities complexity — the Liquidity Treasury provides protocol-managed liquidity, not a securities offering
Community-First: The Liquidity Treasury ensures that token access isn't gatekept by accreditation requirements or minimum investment thresholds. Anyone, anywhere, can participate through a decentralized exchange.
13. Team
Diaspora Nearby is built by diaspora members, for diaspora members.
14. Legal Disclaimer
$DIASPORA is a utility token used within the Diaspora Nearby platform. The primary method of token distribution is community participation. The Liquidity Treasury allocates a portion of epoch supply to provide DEX liquidity — it is not a securities offering. There is no public sale, ICO, or IEO.
This whitepaper is for informational purposes only and does not constitute a prospectus, offering document, or solicitation for investment. The information provided is subject to change without notice.
Please refer to the Liquidity Treasury page for full details on the token distribution mechanism.