3️⃣ Token Economy

Dual-Asset Structure and Utility Mechanism of the CONDOR Platform

The CONDOR platform establishes a dual-asset token economy within its urban blockchain ecosystem, enabling real asset flows and value exchange. This model consists of the CONDOR Token, which powers governance and advanced utility functions, and Dordor Point, a participation-based reward system designed for users. Together, they form a hybrid structure that lowers the entry barrier for Web2 users while facilitating a gradual and seamless transition into the Web3 environment.

1. CONDOR Token (Symbol : DORDOR)

The CONDOR Token serves as the core crypto asset powering the platform’s utility functions and ecosystem governance. Issued on the Ethereum mainnet under the ERC-20 standard, it features an extensible architecture with the potential for future migration to a proprietary mainnet. Far beyond a simple digital currency, the CONDOR Token functions as an operation token, driving the governance mechanisms and operational logic of smart city infrastructure within the CONDOR ecosystem.

Core Functions of the CONDOR Token

• Payment Utility Usable for everyday payments across city infrastructure, including commerce, transportation, utility bills, and healthcare services.

• Participation Incentives Provides rewards for contributions such as policy proposals, DAO voting, and community engagement.

• Governance Rights Grants voting power within the CONDOR DAO when a certain amount of tokens is staked.

• Access to Premium Services Enables use of advanced features like bio-health reports, AI-based recommendations, and industrial analysis APIs.

• Automated Urban Operations Supports automated execution of policies, citizen service responses, and budget allocation through smart contracts.

The technical characteristics and scalability of the token design include support for both DEX and CEX trading (a listing structure on major decentralized and centralized exchanges to secure liquidity), staking-based liquidity provision (ensuring funding for DAO operations and user reward distribution), and an on-chain burn mechanism (automated supply adjustment and value stabilization through fixed burns triggered by transactions or events).

The CONDOR Token functions as a multi-utility asset encompassing the real economy, digital assets, administrative processing, and participatory governance. It acts as the digital fuel that powers and integrates the operations of the entire city ecosystem.

2. Dordor Point (The Bridge Between the Real Economy and Web3)

Dordor Point is a participatory reward point system designed to offer a familiar experience to Web2 users while smoothly guiding them into blockchain-based systems. It automatically accumulates based on users’ activity data within the city and functions as a unit of value that can later be converted into CONDOR Tokens.

Key Features of Dordor Point

• Everyday Utility-Based Accumulation Automatically awarded for daily digital activities such as using transportation cards, making purchases, accessing public services, and participating in community actions.

• Wallet-Free UX Design Targeted at Web2 users, the interface operates on a point-based system without requiring blockchain knowledge or wallet installation.

• Path to Asset Conversion Upon reaching a predefined threshold, points can be converted into CONDOR Tokens through the internal exchange system (default rate: 10,000:1, subject to change).

• Reward Pool and Issuance Control Minting and burning are governed by an algorithm based on user contributions, contributing to platform liquidity management and inflation control.

The strategic advantages for Web3 expansion include traceable on-chain records (unlike traditional closed-loop point systems, all accrual and conversion histories are transparently recorded on the blockchain), secured practical use cases (converted CONDOR Tokens are directly linked to real-life applications such as payments, administrative participation, and data service utilization), and an incentive bridge that encourages participation (guiding Web2 users to gradually enter the Web3 economy through their contributions).

As a result, Dordor Point goes beyond simple rewards and serves as the entry point to the CONDOR ecosystem, establishing a micro-incentive structure that channels user behavior into the urban data economy. It functions as a crucial connecting medium that bridges the gap between real-life activities and blockchain, enabling an organically linked digital urban economy through its circulation with the CONDOR Token.

This token economy of CONDOR does not act as a short-term means of transaction, but rather functions as a “digital operating system” that designs the operational logic of the entire city, integrating citizen participation, economic activity, and administrative transparency into a unified next-generation blockchain-based smart city structure.