A Milestone for Every BPC Holder: Liquidity Is on Its Way

Since 2018, you've been with us every step of the way — funding the build, protecting the token, and believing in what we set out to prove. With over 17 million transactions processed across 2 million blocks, the pilot didn't just work — it exceeded every target we set. Today, we want to share what comes next, and why we believe this next chapter is the one you've been waiting for.

Why Now, and Why a Phased Plan

We're at a genuine turning point — and it's one worth celebrating. Our redesigned merchant app and shopper app are live, our commercial teams are in the field, and we've completed a major upgrade to the underlying blockchain engine that powers the BEEP network. The infrastructure is ready. The market is ready. Now it's time to make BPC liquid — and we're going to do it the right way.

Most crypto projects rush onto public exchanges the moment they can, let speculators pile in, and watch the price collapse just as real merchants start to rely on it. We've never been that project. Instead, we're rolling out liquidity in three controlled phases, each one designed to build on the last — protecting and growing the value of what you hold before opening the next gate.

The 3-Phase Liquidity Plan

Phase 1 — The Merchant Firewall

In this first phase, only verified, active merchants can interact with the liquidity pool. When a merchant joins the network, they deposit real capital — such as Bitcoin — to receive BPC for customer cashback. That capital flows directly into the reserve pool, meaning every single BPC in circulation is backed 1-to-1 by real assets. This structure keeps the pool clean, protected, and growing from day one.

Your legacy holdings are fully recorded and secure throughout this phase — there's nothing you need to do. The foundations are being laid on your behalf.

Phase 2 — The Supporter Release Valve

As merchant transaction volume grows, a portion of those fees flows directly into the reserve pool, deepening it further. Once the pool reaches a secure depth, we open a controlled conversion window for early supporters — that means you, before anyone else.

You'll be able to convert your legacy BPC into the new, fully liquid BPC and cash out. The conversion is algorithmically paced so that the amount being converted never outpaces the new capital coming in from merchant activity — meaning the pool can only grow, and each conversion window will be more favourable than the last.

Phase 3 — The Open Market

Over time, the steady flow of merchant fees will grow the reserve pool until it is significantly larger than the total outstanding BPC supply. At that point, we lift all restrictions and open the network to public exchanges — allowing anyone in the world to buy, sell, trade, and provide liquidity. This is the full, global trading asset we've been building toward since day one.

What This Means for You Right Now

• Your balance is safe. Every legacy BPC balance has been recorded and will carry across to the new network exactly as it stands. Nothing is lost, nothing is diluted.
• No action needed yet. When Phase 2 opens — the window where you can convert and cash out — we'll send you step-by-step instructions directly. You will not miss it.
• You go first. The phased design means early supporters convert using new capital generated by merchant activity — not by draining a thin pool or competing against each other.
• The machine is already running. Our merchant and shopper apps are live and in the hands of our commercial teams right now. Merchant onboarding — and the fee flow that builds the reserve — is already underway.

Frequently Asked Questions

Why can't I cash out right now, in Phase 1?

Opening all legacy balances on day one would drain the fresh capital deposited by new merchants before the network has a chance to grow. That's not the outcome you deserve after eight years of patience. The phased approach ensures you cash out using new wealth — generated by real network activity — not by inadvertently deflating each other's value.

What exactly is a "legacy balance"?

Your legacy BPC is everything you've accumulated during the pilot since 2018. On the new network it's tracked separately from newly issued BPC — which is always backed 1:1 by merchant deposits. In Phase 2, your legacy balance converts into the new, fully liquid token. Your total holding doesn't change — it just becomes transferable and tradeable.

How will I know when Phase 2 opens?

We'll announce it here on the updates page and send a direct notification to every registered account. You will not miss it.

Eight years of building, proving, and waiting — and the machinery is finally in motion. The 3-phase plan exists for one reason: to make sure that when this opens up, it opens up properly. We'll keep you updated at every milestone.

Questions? Reach out to our support team — we're here.