Title:“Commons Collateral (CC): The First Concept-of-Concept ETF Token”
FounderX announces the deployment of Commons Collateral (CC) — the world’s first tokenized “concept of concept,” representing the entire 2,500 ETH Meta#Chain cap.
Key Details:• Total Circulation: 1 Quadrillion CC tokens (ERC‑20)• Backing: Fixed at 2,500 ETH locked via HatchFund• ETF Price Function: Live USD price per CC, calculated from Chainlink ETH/USD oracles• Market Cap: Mirrors the ETH collateral, starting at 2,500 ETH (~$7.5M at $3k/ETH)
How it Works:– Every CC token represents a fractional claim on the concept’s value.– Price per CC dynamically updates via the on-chain oracle (ETF-style NAV).– Total circulation remains constant (1 Quadrillion), reinforcing transparency and trust.
Contract Address (Sepolia Testnet):
0xYOURCONTRACTADDRESS(to be replaced after deployment)Explore the Proof:– View the contract on Etherscan Sepolia– Query ETF NAV on-chain (
getCCPriceUSD())– Watch live updates as we integrate Mirror, SeekingAlpha, and governance dashboards.This post serves as the canonical anchor for CC — the first “Commons Token” tying conceptual value to verifiable on-chain collateral.
**Call to Action:**📌 “CC marks the transition from theory to tokenized proof. Join the experiment, track its value, and witness the first-ever ‘Concept ETF’ evolve.”
