Provable messaging,and the economy under it

Two units, kept apart by rules that can be checked against an implementation rather than taken on trust. This page renders the model the product actually runs on.

Summary

Two units, kept apart on purpose: a stable credit that buys the product, and a fixed-supply token that does not.

The boundary

Four rules, each checkable against an implementation rather than against an intention.

The Credit

1,000 Kanvo Credits = $1.00 of application value

Supply

The utility gate

What useful function does this provide to a participant who is not acquiring $KNVO for price speculation?

Four activities, never blurred

Enforced in the interface rather than buried in terms: a flow that moves someone from buying Credits to acquiring $KNVO without an unmistakable transition has failed, whatever the terms of service say.

What is excluded

Each of these ties a participant's economic outcome to the issuer's continuing effort — the relationship that turns an asset into the subject of an investment contract, and the one a consumptive utility token does not need.

Distribution

Weighted toward the rewards users earn and the liquidity that lets them transact. Insider tranches — team, advisors, counsel and the two private rounds — are 24.57% of supply.

Vesting and unlock

11.45% of supply is unlocked at genesis, and the schedule releases in whole tranches on eight dates rather than monthly. Exchange liquidity is the only allocation with an open end, because a liquidity release put on a calendar is a commitment about when supply arrives that no market maker can keep.

Treasury

Sources, uses, and the cost the design imposes on the company that runs it.

The disclosure register

Transparency as a set of artifacts on a schedule rather than a value statement. Every figure must be reproducible from on-chain data by a sceptical reader without Kanvo's cooperation.

What gets reported

Product layer first, and the order is the argument: a $KNVO economy attached to an application nobody uses is not a healthy token economy with a product problem, it is a failure with an active order book.

The utility ratio

One summary statistic, with its numerator fixed before the first figure was ever produced — because a definition that can move after the fact is not a measurement.

Governance

Deferred rather than promised. Protocol governance and corporate governance are legally and operationally distinct.

The sequence

Each stage is gated on the previous one, and the gates are real. Stage 0 is the one most likely to be skipped, under pressure to launch a token before the application has demonstrated retention.