The Integration of Alpha Quark into the House Party Protocol(HPP) Ecosystem

The Alpha Quark team is currently considering a potential merger with another project to maximize synergy and ensure long-term growth. As part of this process, a governance vote will be held on April 7th. Voting will take place on the Snapshot platform and will be open exclusively to Alpha Quark Token (AQT) holders.

## Abstract This proposal recommends the formal integration into the House Party Protocol ecosystem and the introduction of a unified token, HPP, to consolidate the token economies of Alpha Quark (AQT), Aergo(AERGO), W3DB(A project built by VaaSBlock), and Booost. Formed through a strategic merger, House Party Protocol aims to build a modular, scalable, and transparent infrastructure for AI, data, and blockchain applications.

This proposal defines the technical, tokenomic, and governance implications of this integration, including dual-layer architecture, staking mechanisms, utility design, and token conversion ratios.

This proposal enhances Alpha Quark project’s long-term value by transforming it into a full-stack platform that enables decentralized AI and data marketplaces. With a dual-layer architecture, unified token, and clear economic incentives, House Party Protocol(HPP) creates sustainable growth and interoperability for developers, enterprises, and the community.

## Motivation The current Web3 and AI ecosystems are constrained by fragmented data pipelines, limited scalability, opaque AI models, and a lack of bridges between enterprise systems and decentralized platforms. The evolution into House Party Protocol directly addresses these shortcomings:

• Data Fragmentation: On-chain validation of high-quality datasets for AI training

• AI Transparency: Auditable, traceable AI models with verifiable data provenance

• Scalability: Dual-layer blockchain for enterprise-grade reliability (L1) and AI workloads (L2)

• Enterprise–Web3 Divide: A protocol that integrates real-world systems with public Web3 logic

Following technical architecture is being considered to support blockchain adoption as described above.

• Layer 1 (L1): Enterprise-grade blockchain infrastructure for AI-enhanced smart contracts, compliance, and identity management

Layer 2 (L2): EVM-compatible chain (based on OP Stack) optimized for AI inference, data tokenization, and smart contract modularity

Token Specification

Token: House Party Protocol (HPP)

HPP serves as the unified utility token and core economic engine for the House Party Protocol ecosystem. It facilitates:

• Gas & Fees: Payment for Layer 2 operations, AI executions, and API usage

• Staking & Delegation: Validators and data providers stake HPP to secure network and data integrity

• Governance: Token-weighted voting on proposals and protocol parameters

• Marketplace Transactions: Used to buy/sell/license datasets, models, and synthetic data

## Exchange Ratios

The following conversion ratios are proposed for migration into HPP based on historical pricing and liquidity discounts:

| Legacy Token | Exchange Ratio |

| — — — — — | — — — — — | | AQT | 1 AQT = 7.43026 HPP |

※ Valuation Basis: Ratios are based on the average token prices across 1-week, 1-month, and 3-month windows before Nov 30, 2024, with liquidity discounts applied. ※ Existing AQT holdings will be swapped for HPP without any additional lock-up after the TGE of the merged project. ※ Depending on the outcome of the governance vote, further details regarding the swap method and schedule will be announced at a later date.

## Tokenomics House Party Protocol’s total token supply will vest over 96 months to keep supply limited is capped at 1.7 billion HPP tokens, distributed across multiple vaults to ensure balanced stakeholder incentives and long-term sustainability. The market capitalization of HPP has been determined based on a comprehensive assessment of each project’s market capitalization (or, in the case of unlisted projects, their valuation at the time of fundraising and target valuation), as well as the projected capital requirements (runway) for future technology development and operations:

| Vault Name | Allocation | % of Supply | Vesting Schedule | | Instant Swap | 703,259,408 | 41% | Fully unlocked on Day 0 for legacy token holders | | Investors | 23,260,827 | 1% | 4-month cliff, 18-month linear vesting | | Reserve | 136,000,000 | 8% | 96-month linear vesting | | Team/Advisors | 84,076,747 | 5% | 8-month cliff, 22-month linear vesting | | Ecosystem | 383,379,669 | 23% | 45-month linear vesting | | Community | 370,023,349 | 22% | 80-month linear vesting |

This distribution model is strategically designed to incentivize long-term commitment, align stakeholder interests, and drive sustained growth of the House Party Protocol ecosystem. To ensure market stability and protect investor confidence, all token allocations will follow a strict linear vesting schedule, minimizing the risk of abrupt supply shocks.

## Governance HPP holders will participate in on-chain governance via proposals, voting, and staking. Governance will be phased:

1. Initial council to oversee token migration and mainnet transition
2. DAO formation post-Mainnet to manage treasury, roadmap, and grants

##Voting period April 7th 2025 08:00 (GMT) April 9th 2025 08:00 (GMT)

##Voting method https://snapshot.box/#/s:alphaquark.eth