GG Collective Litepaper

What Is the GG Collective?

The GG Collective, or GGC, is a decentralized autonomous organization focused on blockchain gaming, decentralized infrastructure, digital assets, and other emerging on-chain ecosystems.

The DAO coordinates community participation and Treasury resources to acquire, develop, operate, and support projects that align with its long-term strategy. Its structure combines public blockchain records, member governance, KYC-based eligibility, and administrator-led execution.

Why the DAO Exists

Web3 ecosystems can be fragmented, technically complex, and difficult for individual participants to access at scale. GGC creates a shared structure through which members can evaluate opportunities, participate in governance, and benefit from DAO activity without having to operate independently.

• Blockchain gaming assets and infrastructure.
• Decentralized physical infrastructure and intellectual property.
• On-chain Treasury management.
• Community-led proposals and voting.
• Systems that connect verified members to governance and revenue sharing.

Mission

To organize and activate community participation in Web3 by aligning members around transparent governance, shared infrastructure, digital assets, and long-term ecosystem involvement.

Operating Principles

• Public by default: Core contracts, proposal activity, and this Litepaper are available for public review.
• One eligible member, one vote: Governance is based on Portal Pass membership rather than token-weighted voting.
• Verified participation: KYC and the Portal Pass establish eligibility for governance and economic benefits.
• Checks and balances: Members determine whether proposals pass, while administrators evaluate whether passed proposals are economically feasible.
• On-chain accountability: Tokens, Portal Passes, proposals, and votes use public blockchain infrastructure.
• Sustainable operations: Revenue sharing begins only after DAO revenues exceed current operating costs.

At a Glance

GGC separates public information, token ownership, portal access, verified membership, and administration into distinct layers.

Layer 1: Public Visitor

Anyone may read this Litepaper and review the DAO's public blockchain activity. No wallet connection, token ownership, KYC, or Portal Pass is required.

Layer 2: $GG Holder

Anyone may hold $GG. The token is transferable on-chain, and ownership by itself does not prove that a wallet has completed KYC.

A wallet holding at least 1 $GG can access the gated GG Portal. Portal access does not by itself grant governance or revenue-sharing eligibility.

Layer 3: Verified Portal Pass Holder

To exercise DAO governance rights and qualify for member benefits, a holder must:

1. Complete the DAO's KYC process.
2. Be approved for Portal Pass minting.
3. Acquire a GG Portal Pass for the current price set by the contract.

The Portal Pass is the on-chain signifier that a wallet is approved for verified participation. KYC records and personally identifiable information are not stored in the Portal Pass itself.

Layer 4: Administrator

Administrators are also community members. They must hold Portal Passes and use the same proposal and voting system as every other eligible member.

Administrator status does not create a separate proposal class, additional votes, or greater voting weight. Administrators have operational permissions needed to maintain the Portal, manage approved contract functions, oversee the Treasury, and carry out feasible proposals.

Administrators also perform a final economic-feasibility review after a proposal passes. This review is described in the Governance chapter.

Regulation Crowdfunding Raise

The GG Collective completed its initial fundraising through Seedstarter under the United States Securities and Exchange Commission's Regulation Crowdfunding framework, commonly known as Reg CF.

The raise allowed eligible non-accredited and accredited participants to acquire $GG at the initial offering price. Participants completed the identity-verification and disclosure process associated with the offering.

Raise Summary

Initial Token Allocation

$GG has a fixed total supply of 21,000,000 tokens.

The tokens not sold during the initial raise were allocated to the DAO Treasury. Treasury-held $GG may be deployed over time to support DAO operations, member programs, partnerships, acquisitions, incentives, or other purposes approved through the DAO's governance and administrative process.

Current Transfer Status

The original Reg CF transfer-restriction period has ended. GGC does not currently impose a DAO-level transfer lock on $GG, and the ERC-20 contract does not contain transfer-restriction logic.

Transfers and transactions remain subject to applicable laws and the requirements of any service, venue, or jurisdiction involved.

Technical Specification

The entire fixed supply was created when the contract was deployed. The token contract has no function that can mint additional $GG, pause transfers, or change balances through an owner account.

Role of $GG

• Access the gated GG Portal when a wallet holds at least 1 $GG.
• Purchase a GG Portal Pass after KYC approval.
• Stake 25 $GG when submitting a governance proposal.
• Measure an eligible Portal Pass holder's proportion of a revenue-sharing distribution.
• Support Treasury programs, partnerships, and other DAO-approved activity.

Ownership Versus Eligibility

• A person may acquire and hold $GG without completing KYC.
• Holding $GG does not automatically create governance eligibility.
• Governance and revenue sharing require an active Portal Pass.
• The Portal Pass represents that the associated wallet has been approved for verified participation under DAO policy.

Revenue sharing is an operational process outside the ERC-20 contract. The $GG contract does not automatically calculate or distribute revenue.

Regulatory Position

$GG was offered as a security under Regulation Crowdfunding. It should not be described as an SEC-registered security unless and until a separate registration process is completed.

GGC intends to continue developing its compliance structure as the DAO, applicable regulations, and its technical systems mature.

What Is the Portal Pass?

The GG Portal Pass is a non-transferable ERC-721 Soulbound Token, or SBT. It serves as the DAO's on-chain membership and eligibility credential.

The standard Portal Pass flow requires a wallet to be approved following KYC before it can mint. This structure allows the DAO to keep sensitive identity records off-chain while using the Portal Pass as a public eligibility signal.

Portal Pass Specification

Administrative Controls

The Portal Pass contract includes administrative functions necessary to operate a verified membership system. Authorized administrators can:

• Add or remove wallets from the minting whitelist.
• Mint a Portal Pass administratively.
• Recover a Portal Pass to a new wallet when ownership is verified.
• Revoke and burn a Portal Pass when necessary.

The contract owner can also update the Portal Pass price, payment token, Treasury address, maximum supply, and metadata location.

Administrative minting does not technically require the contract whitelist or a token payment. Under DAO policy, administrative functions are to be used only for approved operational cases and in a manner consistent with the DAO's eligibility and compliance requirements.

Non-Transferability

Portal Pass holders cannot sell, gift, or independently transfer their passes. The contract permits movement only through an authorized recovery process. A pass may also be revoked and burned by an authorized administrator.

This prevents a verified membership credential from being transferred to an unverified wallet.

Governance Model

GGC uses on-chain voting for community decision-making and administrator-led execution for approved actions. All eligible members—including administrators—use the same proposal and voting process.

The governance contract records proposals, votes, voting periods, results, and proposal stakes. Proposal execution is not automatic. A passed vote records the community's approval and then proceeds to administrator feasibility review.

Submitting a Proposal

1. Hold an active Portal Pass.
2. Approve and stake 25 $GG in the governance contract.
3. Publish the proposal content through the GG Portal.
4. Select a voting period of 7, 14, or 21 days.

Proposal content is referenced on-chain through an IPFS hash, creating a public connection between the vote and the material presented to members.

There is no separate administrator proposal process. An administrator who wants to submit a proposal must meet the same requirements as any other Portal Pass holder.

Voting

• Each Portal Pass wallet receives one vote per proposal.
• Voting is not weighted by the amount of $GG held.
• A wallet may vote For, Against, or Abstain.
• A wallet may vote only once on each proposal.
• The vote is recorded on Avalanche.

Determining the Outcome

Only For and Against votes are decisive votes.

• If there are no decisive votes, the proposal fails.
• With fewer than 10 decisive votes, at least 75% must be For.
• With 10 or more decisive votes, For must exceed Against.
• A tie fails.
• Abstain records participation but does not affect the passing threshold, percentage calculation, or result.

Proposal Stake

• If a proposal passes, the 25 $GG stake is returned to the proposer.
• If a proposal fails, the stake is transferred to the governance Treasury.
• Once voting has ended, the proposal can be finalized on-chain and its result becomes part of the public contract record.

Administrator Feasibility Review and Veto

A passed proposal does not execute automatically. Administrators review the approved action to determine whether the DAO can carry it out economically.

Administrators may veto a passed proposal when implementation is not economically feasible. If they exercise that veto, they must publish an explanation describing why the action cannot responsibly be implemented.

1. Portal Pass holders determine whether a proposal passes.
2. Administrators assess the economic feasibility of implementation.
3. Feasible approved proposals move forward through administrator execution.
4. An infeasible proposal may be vetoed only with a public explanation.

Administrator status does not grant additional on-chain voting power. Its distinct authority is operational responsibility and the documented feasibility veto.

Role of the Treasury

The GGC Treasury holds and manages DAO-controlled tokens and assets. It supports operating costs, acquisitions, infrastructure, partnerships, member programs, and other activities consistent with approved DAO direction.

Treasury inflows may include:

• The initial Treasury allocation of $GG.
• Revenue from DAO projects and holdings.
• Portal Pass payments.
• Stakes from failed governance proposals.
• Proceeds or assets resulting from approved Treasury activity.

The gated GG Portal provides members with more detailed Treasury and portfolio information. This public Litepaper uses stable descriptions rather than live balances or performance figures.

Revenue-Sharing Eligibility

Revenue sharing is available to eligible Portal Pass holders and is measured in proportion to their $GG holdings at the applicable distribution record date or snapshot.

To qualify, a wallet must hold an active Portal Pass. The Portal Pass confirms that the wallet has been approved for verified participation under DAO policy.

Revenue sharing occurs only after DAO revenue exceeds current operating costs. Holding $GG or a Portal Pass does not guarantee that a distribution will occur in any particular period or amount.

Distributions are administered separately from the $GG token contract. The ERC-20 contract itself does not collect revenue, determine eligibility, or send distributions.

GGC deploys resources across blockchain gaming, decentralized infrastructure, intellectual property, on-chain protocols, and long-term digital-asset holdings. This section describes ownership and involvement without publishing live valuations or performance figures.

DeEEP Devices

GGC acquired 80 DeEEP devices through a $50,000 investment. The devices support decentralized infrastructure and are intended to operate through a distributed hosting model involving Collective members.

Devices not placed with member hosts may be operated from a secured off-site location. GGC has also reserved 38,800 $GG for the future DeEEP community fund when its DAO launches.

DeEEP and NerdNode Intellectual Property

GGC has signed a letter of intent concerning the DeEEP and NerdNode intellectual property and is working toward a full merger.

The letter of intent represents an active transaction process; it should not be interpreted as confirmation that the merger or transfer of intellectual property has been completed. This Litepaper will be updated if and when the transaction closes.

Star Atlas Fleet Rental Program

GGC was a foundational contributor to the Star Atlas Fleet Rental Program in collaboration with SLY Tools and the Star Atlas team.

The program enables ship owners to make assets available for rental and gives players access to ships for gameplay. GGC receives 15% of platform-wide rental marketplace fees under its continuing revenue-participation arrangement.

Mooncast LLC

GGC owns a 16.84% ownership interest in Mooncast LLC, the company developing the massively multiplayer online game Mooncast Online.

This position gives the DAO direct involvement in the development of a Web3 gaming project without requiring GGC to act as the project's sole developer or operator.

HYPE Ecosystem Portfolio

GGC manages a HYPE-centered portfolio that includes positions across:

• Hyperliquid L1 holdings.
• HyperEVM holdings.
• Project X.
• UltraSolid.

GGC's role is limited to managing its portfolio positions. The DAO does not operate the Hyperliquid network or represent that it controls the underlying protocols.

Long-Term Digital-Asset Holdings

• Bitcoin (BTC).
• Solana (SOL).
• Avalanche (AVAX).
• Ether (ETH).

Holdings and allocations may change through Treasury management and the DAO's governance process. Current balances and portfolio details are available to eligible members through the gated GG Portal.

Public Blockchain Infrastructure

GGC's core token, membership, and governance systems operate on the Avalanche C-Chain. Contract activity can be independently reviewed through Snowtrace and other Avalanche-compatible block explorers.

Official Mainnet Contracts

Contract addresses should always be verified through official GGC channels before interacting with them. A future deployment can replace an active Portal Pass or governance contract even though historical contracts and records remain permanently visible on-chain.

What Is On-Chain?

• $GG supply, balances, and transfers.
• Portal Pass issuance, ownership, recovery, and revocation.
• Governance proposal references and voting periods.
• For, Against, and Abstain votes.
• Proposal outcomes and stake handling.
• Contract-level administrative transactions.

What Is Operational or Off-Chain?

• KYC records and personal information.
• Proposal descriptions and attachments referenced through IPFS.
• Administrator economic-feasibility review.
• Implementation of passed proposals.
• Revenue calculations and distributions.
• Legal agreements, company interests, and merger documentation.
• Certain Treasury assets held outside the core contracts.

The blockchain contracts and operating policies work together. Contracts provide transparent records and enforce defined technical rules, while administrators perform the legal, financial, and operational work that cannot be executed automatically by the current contracts.

Informational Purpose

This Litepaper describes the structure and current operating model of the GG Collective DAO. It is not an offer to buy or sell $GG, an offering document, investment advice, tax advice, or legal advice.

The original offering documents govern the terms of the Reg CF offering. If this Litepaper conflicts with an applicable legal agreement, offering document, or live smart contract, the controlling agreement or contract takes precedence.

No Guarantee of Revenue or Value

Participation in GGC involves risk. Revenue, distributions, asset values, protocol incentives, and token values may rise, fall, be delayed, or never materialize. Neither $GG ownership nor Portal Pass ownership guarantees a distribution, profit, liquidity, or increase in value.

Smart-Contract and Operational Risk

Smart contracts can contain defects or behave unexpectedly. GGC also relies on wallets, networks, service providers, administrators, counterparties, and third-party protocols. Failures or changes involving any of these systems can affect DAO operations and assets.

Governance Limitations

Governance votes do not automatically execute transactions or bind third parties. Passed proposals remain subject to administrator feasibility review, available resources, contractual obligations, and applicable law.

An administrator veto based on economic infeasibility must be accompanied by a public explanation.

Portfolio Changes

Projects, holdings, ownership interests, partnerships, and proposed transactions can change. A letter of intent is not a completed merger or asset transfer. Historical descriptions do not guarantee continuing ownership, revenue, or involvement.

Keeping This Litepaper Current

GGC will update this public reference when material changes are made to its token, Portal Pass, governance rules, Treasury structure, or disclosed project involvement. On-chain records remain available even when the DAO adopts a new contract deployment or operating policy.

Participation Summary