A decentralized marketplace for trading shares in human social capital
PeopleStock is an experimental decentralized platform that enables users to buy and sell shares representing social capital in influential individuals. Using blockchain technology, an initial bonding phase for fundraising, and an automated market maker (AMM) liquidity pool for ongoing trading, PeopleStock creates a dynamic market where the value of a person's shares reflects community interest and engagement. This whitepaper outlines the platform's mechanics, fee structure, and tokenomics.
Each person on PeopleStock has exactly 1,000 shares that can be traded. Persons are typically linked to verified Twitter accounts, with the Twitter account owner having special privileges including fee earnings and withdrawal rights.
The bonding phase is the initial fundraising period where the first 500 shares (out of 1,000 total) are sold at a fixed price. This phase serves three purposes: rewards early supporters, provides significant earnings to the verified profile owner, and seeds a liquidity pool for post-bonding trading.
During the bonding phase, the first 500 shares are available for purchase at a fixed price of 0.0013 ETH (~$4 USD). Once all 500 shares are sold, the person automatically graduates to liquidity pool trading where the remaining 500 shares become available through an AMM.
Half of all bonding proceeds (~$1,000 or 0.325 ETH) are reserved to seed the liquidity pool with the remaining 500 shares after bonding completes
The verified Twitter account owner receives 45% of bonding proceeds (~$900 or 0.29 ETH)
The platform retains 5% (~$100 or 0.033 ETH) to support development and operations
Example: When bonding completes with 500 shares sold at 0.0013 ETH each (0.65 ETH total), 0.325 ETH goes to the LP, 0.29 ETH to the creator, and 0.033 ETH to the platform.
A person automatically graduates from bonding when all 500 bonding shares are sold. Upon graduation, a liquidity pool is initialized with the remaining 500 shares and the LP seed funds (~$1,000 or 0.325 ETH). This creates an immediate market for buying and selling shares through an automated market maker.
After graduating from the bonding phase, shares trade through an automated market maker (AMM) liquidity pool. This ensures continuous liquidity and fair, algorithmic pricing for all participants.
Every liquidity pool transaction incurs a 5% fee split between the creator and platform:
The verified profile owner earns 3% of the trade amount on every LP transaction
Platform operations fee for facilitating trades
Example: If someone buys 50 shares for 0.5 ETH from the LP, they receive 0.475 ETH worth of shares after fees (95%), the creator receives 0.015 ETH (3%), and the platform receives 0.01 ETH (2%).
Verified Twitter account owners earn fees from trading activity on their shares. These earnings accumulate in a smart contract and can be withdrawn at any time.
Earn 45% of all bonding proceeds (~$900 from $2,000 raised)
Earn 3% fee on every liquidity pool trade
Continuous passive income as long as your shares are being traded
PeopleStock is built on Ethereum-compatible blockchain networks using Solidity smart contracts. The platform uses:
Profile information, trading history, and verification status are stored using a combination of:
Experimental Platform: PeopleStock is a social experiment and should be treated as such.
Financial Risk: You can lose all invested funds. Never invest more than you can afford to lose.
Not Financial Advice: This platform does not provide financial, investment, or legal advice.
Smart Contract Risk: Smart contracts may contain bugs or vulnerabilities despite best efforts.
Market Volatility: Share prices can fluctuate dramatically based on social sentiment and market dynamics.
No Guarantees: Past performance does not guarantee future results. There is no guarantee of liquidity or value.
For questions or feedback, please visit our Terms of Service or Risk Disclaimer.