Percepta Development Proposal 01 (PDP-01)

Governance

We propose to follow the VITA-FAST IP Token governance framework of a 24 hour voting period on development proposals for the NEURON-Percepta project ("Percepta Development Proposals" or "PDPs"), with a quorum of 1% of the token supply and a majority vote of the voting tokens serving as the final result.

Over the Counter (OTC) Funding Raise to Support Token Liquidity

Under the standard Catalyst auction structure, 1,000,000 Intellectual Property Tokens (IPTs) will be minted. 95% of the tokens will be allocated for funders, and 5% of the IPTs and ETH proceeds will be allocated for a Decentralized Exchange (DEX) Liquidity Pool (LP) to support IPT trading. For the Percepta sale this resulted in only 6.5 ETH (approx $23,000) of the total of 127.7325 ETH raised being made available for DEX LP support. The project team believes this is not a large or deep enough pool to support the anticipated demand for trading the Percepta IPT. The standard Molecule Catalyst structure was designed to be open and flexible so that the project teams can immediately shape the tokenomics as they see fit after an initial successful initial funding.

Therefore, the Percepta project proposes to mint an incremental ten percent (10%) of IPTs to raise additional ETH and IPT supply to support a deeper liquidity pool than was originally provisioned in the Catalyst genesis sale.

Fifty percent (50%) of the newly minted IPTs will be sold in an OTC transaction in exchange for ETH. The price of the IPTs will be based on the final market capitalization of the Catalyst sale of $970,942 at the time the sale closed. The OTC buyer will be paying the highest price that was paid in the Catalyst auction and will not receive any discount benefit relative to any purchaser in the Catalyst auction.

The other fifty percent (50%) of the newly minted IPTs will be reserved for DEX LP support and paired with the ETH proceeds.

The OTC raise will exclusively be used to support the DEX LP and trading of the IPT. The OTC raise will increase LP liquidity from 6.25ETH to approximately 19.25 ETH matched against the equivalent value in Percepta IP Tokens.

Approving this OTC sale authorizes the Percepta project to do the following:

• Mint 100,000 new IPTs (10% increase in supply)
• Sell 50,000 of the new IPTs to an OTC buyer or buyers at the auction closing price of $0.970942 / IPT in exchange for $48,547.10 of value in ETH (approx. 13 ETH)
• Reserve the ETH proceeds and 50,000 IPTs to immediately set up a DEX LP for the IPT

Liquidity Provisioning The Percepta project proposes adding the incremental ETH OTC proceeds and newly minted 50,000 IPTs authorised in the OTC sale to provision a DEX LP on the Base Blockchain.

This DEX LP will be provisioned as soon as possible upon passing of this PDP.

Approving this PDP authorizes the project to provision this DEX LP under the terms herein.