https://twitter.com/aergo_io/status/1907046206372749431
Following recent community feedback, we’ve gathered additional questions and will publish comprehensive answers — Apr 2nd
1/ Since most exchanges — except Bithumb — support ERC-20 tokens, users tend to hold them on exchanges. In contrast, mainnet tokens have been used for staking and governance voting, so users typically store them in personal wallets to access those features. That’s why many users are understandably disappointed that this vote isn’t supported through the Aergo Connect wallet.
As we’ve emphasized, participation from mainnet token holders in governance votes has not been enough. That’s why we decided to adopt Snapshot, in alignment with the outcome of AIP 20.
Reducing friction for most token holders to maximize participation and capture a more representative outcome makes far more sense.
While this setup may not be perfect, we believe it’s a necessary interim measure to ensure that governance remains inclusive, effective, and community-driven.
2/ Roughly how many months will it take after the vote is completed? I’m curious about the timeline for merging the four tokens. Also, when can we expect HPP to be listed and tradable on exchanges?
A brief timeline is included in the proposal. The integration, along with the Layer 2 expansion, will require careful execution and close coordination across all participating teams. Pending a successful vote, we are targeting the rollout of the L2-based HPP in Q3 2025.
Once the vote passes, we will release a set of combined milestones and a unified timeline to provide full visibility into the integration process and the rollout of the HPP ecosystem.
3/ The new issuance of HPP will be on ERC-20, and just like now, it will support swaps via a bridge to the L1 mainnet, correct? The mainnet in question will still be utilizing the Aergo chain, right?
HPP will be issued as an ERC-20 token on an EVM-based Layer 2 network, and it will support swaps via bridge to the Aergo Layer 1. To be clear, L1 and L2 will coexist. Aergo L1 will continue to operate as the foundational chain, providing security, settlement, and interoperability, while the HPP L2 will enable scalability and EVM-based programmability, particularly for AI-native applications.
4/ If either the Aergo DAO or Alpha Quark DAO votes against the proposal, does that mean the merger will be canceled? If so, it seems likely that community members who feel the exchange ratio is unfair might vote against it. Could this lead to significant opposition from those who feel disadvantaged by the current terms?
We cannot proceed without the support of the community. This initiative is entirely community-driven. Your vote is your voice. The swap ratios are calculated based on the average token prices over 1-week, 1-month, and 3-month windows, with liquidity discounts applied — a standard practice in mergers and acquisitions. Again, the choice remains yours.
5/ Does “8-month cliff” mean that it will be locked for 8 months?
Yes — the correct structure is an 8-month cliff followed by a 22-month vesting period. A cliff period means that no tokens are allocated or unlocked during the first 8 months. After the cliff, tokens will vest linearly over the following 22 months. This structure is designed to ensure long-term alignment and accountability across all participating teams.
To further reinforce transparency and trust, we will use a trusted third-party custodian to manage all token vaults. This ensures that allocations are released strictly according to the vesting schedule, under full oversight and regulatory compliance. We will release details regarding this soon.
6/ 41% will be distributed among all 4 projects? So what will be ratio of distribution to each projects?
41% is allocated to current holders. What is distrubted to the launch projects and additional teams that build on the token is determined over a long vesting period and the specific unlocks are linked to KPIs set with these teams
7/ Even if the four projects merge, is there confidence that this synergy will quickly lead to services that drive real utility and demand for HPP? It’s difficult to trust that this will be the case.
I think there may be some misunderstanding. The announced projects — including mine — and future ones that join the ecosystem will be subject to milestone-based vesting. This means there won’t be an immediate surge in circulating supply.
8/ I’m open to an increase in total supply if it’s truly necessary and kept within a reasonable range. However, the concern is that Aergo has yet to deliver on its past roadmap commitments and was even delisted from Binance. Given this context, it’s difficult to justify any increase in token supply at this time.
To respond to the concerns raised, it’s important to first revisit our original model. Our initial focus was on market entry through Aergo Enterprise, our private chain solution, as existing regulations favor private blockchain implementations. Unlike many projects solely centered on on-chain activity, Aergo aimed to build real-world, enterprise-grade use cases from the start.
Legal limitations make it challenging to offer enterprise services directly integrated with the Aergo mainnet. However, we’ve made all necessary preparations to enable this connection as soon as the regulatory environment allows. To that end, Aergo Enterprise has already been deployed across multiple institutions, and we’ve completed the development of the Merkle Bridge. This key technology enables the secure and seamless transfer of data and tokens between public and private chains.
Looking ahead, if government-led initiatives like K-BTF eliminate the legal uncertainties surrounding public blockchain use, Aergo will be ready to move swiftly and claim leadership in this emerging space.
We fully acknowledge that the Aergo native token has the potential for broader utility. However, we must also confront reality: given Korea’s current political and economic uncertainty, implementing public blockchain solutions remains unlikely in the near term.
This leaves us at a crossroads: Do we wait passively for legislation to catch up with our vision — or do we take bold steps to explore new opportunities beyond our original path?
The choice is up to the community.
9/ I would gladly support this merger if it can increase Aergo’s value and reduce the risk of being concentrated in the Korean market alone. I believe in Aergo’s value. At the same time, I trust the judgment of the Aergo Team. However, relying on the Korean market alone entails significant risk. I hope this merger will strengthen STO, RWA, AI, and additionally, “global partnerships.”
We truly appreciate your continued support!
At the same time, we fully acknowledge the community’s frustration, especially around the new tokenomics we’ve proposed. It’s valid, and we’re listening.
Over the past year, as we geared up to release key technologies and hit roadmap milestones, we took a hard look at the shifting market. What became clear is that some of our previous tactics need to be re-evaluated. The pace of change in this space demands adaptability and we’re responding.
We’re currently assembling a dedicated team to double down on Layer 2 infrastructure development and focused marketing efforts you’ve likely already seen hints of on our social channels.
We’re not here to repeat the past. We’re committed to being different from what we’ve been — and proving it through action.
10/ I’m not opposing progress and change — I simply want us to move in the right direction. If it had been communicated beforehand that the DAO would be migrated to Snapshot, that such a proposal would be introduced, and that Aergo Connect would no longer be usable for voting, I believe the outcome of the vote would not have been the same.
This was clearly stated in AIP 20, which the community approved with a YES vote: governance voting will be migrated to Snapshot. The proposal explicitly outlined that Snapshot will replace Aergo Agora for all future Aergo Improvement Proposals (AIPs).
We fully acknowledge that this setup isn’t perfect — it’s a necessary step as we transition. As Aergo moves deeper into its Layer 2 expansion, a more robust DAO framework will be introduced to better support decentralized governance in the long term.
We sincerely appreciate the community’s active engagement and thoughtful questions during today’s AMA. Given the significance of the proposed changes to the Aergo ecosystem, it’s critical that every voice is heard and every concern addressed. We have compiled a comprehensive summary of the key questions and answers discussed. We encourage all stakeholders to review the information carefully, especially as we move toward essential governance decisions.
1. Will the team continue pursuing the STO and RWA initiatives after the HPP merger, or will those priorities shift?(@HarryAB)
Yes, our focus on STO/RWA remains firmly in place even after the merger. This integration strengthens our ability to execute real-world asset initiatives by offering a more robust infrastructure, expanded ecosystem reach, and tighter coordination between public and private blockchain layers. Far from being a pivot away, the merger is a strategic step forward to scale these efforts more effectively. 2. Why was Alpha Quark selected as a partner in this merger? Many Korean investors are skeptical about the project’s credibility due to past issues and a lack of transparent communication with its community. (@HarryAB)
It’s important to clarify that our collaboration with AlphaQuark is based on their technical team and current capabilities, not past perceptions. Their role in the merger is focused on infrastructure integration and performance-based deliverables, all bound by vesting schedules and roadmap achievements.
3. Why wasn’t this merger or expansion plan disclosed before the Binance delisting? This seems like a significant development that investors should have been made aware of — especially since the delisting impacts how we can buy or sell Aergo. (@hoon1130)
We understand the frustration around the timing, and we want to be clear: the Binance delisting and the HPP merger are not connected. The delisting decision was made unilaterally by Binance, without prior notice or opportunity for engagement. Like many in the community, we were informed at the same time it was made public. While the timing is unfortunate, the HPP initiative has been in development for over months and was always intended to be introduced through a community-driven governance process, not in reaction to any exchange-related decision.
4. Can you clarify the Aergo-to-HPP token ratio? (@hoon1130)
The Aergo-to-HPP token ratio is 1:1. There is no lock-up or vesting applies to retail token holders. All team-allocated tokens across the merged projects (including AQT, Booost, and VaaSBlock) will be subject to strict vesting schedules and milestone-based distributions to ensure alignment with long-term goals.
5. Why is this merger necessary in the first place? I’m not immediately for or against it, but if Aergo is already technically capable of supporting RWA and other core use cases, what’s the actual justification for merging multiple projects into a new ecosystem? I believe AERGO can handle RWA and NFT-related developments without the need for a merger. Why is ALPHA QUARK necessary in this case? (@hoon1130)
While Aergo already has the technical capability to support RWA, especially through Aergo Enterprise, the merger accelerates ecosystem growth and expands the use case surface area. Here’s why the merger matters:
- It brings together complementary technologies and domain expertise, from identity verification (VaaSBlock) to human data and AI pipelines (Booost) to broader tokenization and asset modeling (AQT).
- It enables us to build a vertically integrated value chain for AI and data-driven use cases, especially as we expand into EVM-compatible Layer 2s.
- Critically, it strengthens market presence and credibility. Institutions often assess token maturity through market cap, liquidity, and ecosystem visibility — this merger helps us scale those dimensions in a way that’s difficult to achieve independently.
In short: Aergo can do a lot on its own, but with the HPP merger, we can go further, faster, with greater alignment, more utility, and stronger positioning for the next wave of enterprise and AI-driven adoption.
We agree that AERGO has strong technical capabilities, especially when it comes to supporting RWA, NFT infrastructure, and enterprise-grade deployments through Aergo Enterprise. However, the merger isn’t just about tech — it’s about ecosystem acceleration, visibility, and market credibility. Here’s why AlphaQuark (and the other teams) are part of the picture:
- AlphaQuark brings complementary infrastructure and additional exposure to markets, partnerships, and developer networks that Aergo currently doesn’t reach.
- The merger enables us to build a vertically integrated ecosystem around AI, identity, human data, and RWA — each partner project plays a specific, defined role in that vision.
All team tokens, including AlphaQuark’s, are strictly vested and tied to performance and roadmap delivery. There’s no free ride — only accountability and execution.
6. There are also risks regarding maintaining exchange listings. Is this merger really necessary? Is there any guarantee that existing exchanges where AERGO is listed will support the swap and maintain the listing? (@hoon1130)
Regarding exchange risk, that’s exactly why we’re proposing this through governance and transparency. Exchanges care about market momentum, liquidity, and a credible roadmap. A strong merger with clear community support actually helps reinforce our exchange presence, not weaken it , because it signals alignment, growth, and long-term planning.
As for exchange support, we’ve already begun communicating with exchanges about the proposed merger and will formally present the outcome of the AIP 21 vote as a signal of strong community consensus. While final decisions always rest with each exchange, clear governance, transparency, and a well-structured integration plan are all things that exchanges look for when evaluating ongoing support.
We aim to ensure a smooth transition and maintain or strengthen our exchange relationships post-merger. That’s why we’re being proactive and involving the community at every step.
7. It seems like the approaching token issuance limit has made it difficult for the development teams to generate new revenue streams. As a result, this merger appears to be a strategic move to address that issue. With the proposed integration into HPP, will there be additional token allocations granted to the teams? And if so, how will that be structured and justified to existing Aergo holders? (@MikeO)
Yes, the token supply will change as part of the HPP merger. A new token will unify the four projects under a single ecosystem.All tokens allocated to the teams will be vested over 96 months — that’s 8 years. These tokens are not unlocked upfront, and their distribution is tied to performance, milestone delivery, and long-term ecosystem contribution. There is no short-term gain for any of the teams involved.
The goal here isn’t to dilute value — it’s to restructure incentives responsibly for the builders who are committing to deliver over the long term, while protecting current holders and the integrity of the ecosystem.
Retail holders, by contrast, will retain their value 1:1 with no lock-up or vesting applied. The community remains at the center of this transition. The purpose of the merger is not to bail out any project — it’s to bring together teams with complementary roles and build a unified, value-generating ecosystem with long-term alignment between contributors and the community.
To address any concerns around the team’s token allocation, we want to be absolutely clear: we’re committed to long-term trust, not short-term gains. All team and reserve tokens will follow an EXTREMELY strict vesting schedule. They will be held in vaults managed by one of the most secure and regulatory-compliant custodians in the industry. This ensures full transparency and alignment with both Korean and global financial standards/regulations.
8. If AIP 21 passes, will HPP function as a separate ecosystem — distinct from the existing Aergo Enterprise ecosystem developed by BLOCKO? How will that connection be maintained or evolved?
No, HPP is not meant to be separate from Aergo Enterprise or Blocko — it’s an extension, not a replacement. Blocko remains a core partner in the Aergo ecosystem, especially in delivering enterprise-grade blockchain infrastructure. The strategic alignment with Blocko remains intact even after AIP21. HPP introduces a broader token economy and integrated ecosystem designed to amplify what Aergo Enterprise already enables, especially as we move toward AI, data, and modular L2 infrastructure.We fully recognize that Blocko’s connection has been a major source of credibility and adoption, and that relevance is not being abandoned — it’s being expanded.
9. I’m very interested in the STO initiatives that Aergo has pursued using BLOCKO’s technology. However, AIP 21 only references “RWA” with no mention of STOs. If AIP 21 is approved, will Aergo’s STO initiatives be paused or deprioritized?
Absolutely not. STOs remain part of our long-term roadmap. What AIP21 proposes is a broader framing under the RWA (Real-World Asset) category, which includes STOs but also allows for other types of tokenized assets — such as invoice financing, carbon credits, synthetic datasets, and more.
We are not abandoning STOs. Rather, the HPP ecosystem provides more flexibility and scalability to pursue these use cases under a more adaptive regulatory and technical structure.
10. Aergo has recently been confirmed for use in major institutions like NHIS. Given Aergo’s proven technology and enterprise adoption, why is a merger necessary ? What unique value do they bring to the table? What have they built or achieved that makes this a strategically important merger?
The reason for this merger is not to “save” any project — it’s to combine complementary technologies and capabilities to build something larger and more competitive:
- AlphaQuark brings infrastructure, multi-chain deployment experience, and a background in digital asset modeling and NFT integrations — particularly in areas like branded IPs and data flows. Their role will be performance-based and strictly vested over months, so accountability is built in.
- BOOOST focuses on human data and synthetic dataset generation — a critical piece for AI pipelines.
- VaaSBlock delivers proof-of-personhood and verification infrastructure — essential for building trusted identity layers in decentralized environments.
- Each project was selected based on a specific role they could play in a unified, AI-enabled, RWA-compatible ecosystem. Aergo brings the infrastructure, enterprise trust, and proven deployments — the others bring modules and capabilities that extend the system’s range and reach.
This merger is about scaling smartly, not just combining tokens. Aergo could continue alone — but with this merger, we build faster, reach farther, and remain competitive in an evolving market.
11. Why the name House Party Protocol? I understand the name might not impact the business case, but I’m curious if there’s a deeper meaning or story behind it. (@palma98n)
House Party Protocol (HPP) is inspired by multiple independent systems working together in sync — much like Iron Man’s autonomous suit system of the same name. In this case, each project (Aergo, AlphaQuark, BOOOST, VaaSBlock) represents a distinct component or “suit,” but together they create a coordinated, powerful system.The name reflects a shift from siloed development to collaborative, modular architecture — something the current Web3 and AI market is clearly moving toward. While the name may sound playful, the vision behind it is deeply strategic.
12. Will HPP be issued as an ERC-20 token, or will it have its own mainnet? Since Aergo is the only one with its own mainnet, wouldn’t this effectively be a rebranding of the Aergo chain?
First and foremost, HPP will be issued as an ERC-20 token on a new EVM-compatible Layer 2 network. This is not a rebranding or fork of Aergo. Instead, HPP represents a strategic Layer 2 expansion of the existing Aergo Layer 1, purpose-built to support the next wave of AI-powered applications. It leverages the strengths of Ethereum’s ecosystem and Aergo’s mainnet to deliver scalability, flexibility, and real-world utility. To ensure seamless integration across the ecosystem, there will be a native bridge between L1 and the new HPP L2, allowing users to easily move assets and interact across both layers.
13. It makes no sense for Aergo Connect wallet holders with mainnet coins to be unable to participate in the vote. Requiring users to unstake and transfer to ERC-20 just to participate is unreasonable.
While we initially considered on-chain or mainnet-based voting, participation from Aergo mainnet token holders in previous governance proposals has been consistently low. As a result — and in line with the outcome of AIP 20 — we made the decision to use Snapshot, which supports ERC-20 AERGO tokens, in order to maximize participation and lower the barrier to entry. Today, the majority of AERGO holders are on Ethereum (ERC-20). By enabling voting through Snapshot, we’re able to engage a broader and more active segment of the community for this important AIP 21 proposal. We want to be clear: we’re not ignoring Aergo Connect users. But for a proposal of this scale, we have to balance inclusivity with practicality.
14. How does this merger benefit Aergo investors? Since HPP is not developing a new mainnet but will be issued on the Aergo chain, this is essentially just a rebranding.Please explain why this proposal was even introduced and what actual benefits Aergo investors will gain from it. The roadmap and plans being proposed are things that the Aergo team could continue pursuing independently. (@hoon1130)
Let’s address this head-on: this is not a rebranding of Aergo, and it’s not about inflating supply or merging for the sake of consolidation. HPP will be built as an EVM-based Layer 2 that operates on top of Aergo’s Layer 1 infrastructure. That means Aergo will serve as the security layer, settlement layer, and bridge infrastructure that underpins the entire HPP ecosystem. This merger brings together multiple AI and Web3-native teams, pooling their resources, talent, and communities. That accelerates the development of apps and protocols on top of Aergo’s base layer — something that would take far longer (and more capital) for Aergo to achieve alone. It’s not about what Aergo could do — it’s about moving faster. Could Aergo have pursued AI and L2 development independently? Possibly. But this merger allows us to move faster, leverage new expertise, secure strategic partners, and activate a focused narrative around AI and modular blockchains — all while maintaining Aergo’s core chain, identity, and community. Most importantly, it’s about making Aergo more relevant, more usable, and more visible in a world where infrastructure alone is no longer enough.
15. Honestly, if you had mentioned anything about AIP 21 before proceeding with AIP 20, the vote on AIP 20 would have probably failed. It’s truly hard to understand why such an unreasonable governance proposal is being pushed immediately after the transition to Snapshot.
We understand the frustration, but we do not agree with the assumption that AIP 20 would have failed. As we’ve stated multiple times: governance only works when there is meaningful participation. Past on-chain votes lacked that — so transitioning to Snapshot (AIP 20) was a necessary step to ensure broader, fairer community involvement.
Yes, the proposals came in succession — but that’s because the work behind AIP 21 was already in motion, and we needed the right tools in place to capture a more accurate representation of community sentiment. We’re not here to play politics. We’re here to do what needs to be done to move the ecosystem forward — even if that means making tough, sometimes unpopular decisions in the short term. Ultimately, the community still decides. Every token holder now has the opportunity to vote on AIP 21.
16. BOOOST is a project that you incubated, and after over a year of being left without a TGE, suddenly including it in this merger and increasing the token issuance — does that even make sense? (@hoon1130)
We hear your concern, and it’s completely valid to question why BOOOST — a project that was incubated over a year ago and has yet to complete its TGE — is now being included in this broader token and ecosystem strategy.
Here’s the honest perspective:
(1) BOOOST was never abandoned. While the project may have seemed dormant externally, BOOOST has remained part of our long-term roadmap. The delay in its TGE wasn’t due to neglect — it was because market conditions, timing, and ecosystem readiness weren’t aligned. Launching a token prematurely would have done more harm than good.
(2) BOOOST fits the new AI-driven L2 vision. As we began designing HPP — an EVM-based L2 focused on AI-native applications — it became clear that BOOOST’s vision and tooling fit naturally into this narrative. Rather than launching it as a standalone token in a fragmented ecosystem, the decision was made to roll its value and mission into a unified architecture. This allows BOOOST to benefit from shared infrastructure, shared liquidity, and faster go-to-market.
(3) Aergo investors are not footing the bill. BOOOST’s inclusion doesn’t mean Aergo holders are being diluted. Token allocation, vesting, and supply controls are being structured carefully to ensure fairness and long-term sustainability. This isn’t about shortcuts.
17. Aergo’s ICO was launched at $0.28 in 2018, and now in 2025, the price has dropped to $0.058 after almost all tokens have been circulated. With the upcoming merger, there’s a proposal for a 144% inflation, where 41% of tokens will be in initial circulation. Why not consider a simpler approach with the same valuation and a more gradual inflation of 8–10% annually, rather than a large single inflation event of 144%? (@nikmittal)
While the token price is one data point, it’s important to look at this from a market cap and ecosystem value perspective. Price fluctuates with market conditions, but what ultimately matters is what the combined ecosystem is worth and how well it’s positioned to grow.
We fully agree on the importance of controlled, sustainable inflation — especially in an environment where investor trust is paramount. That’s why all additional token allocations to the team will follow an EXTREMELY strict vesting schedule based on performances — spread over 8 years. – There will be no large, short-term unlocks that could create sell pressure or disrupt the market. – This is not a cash grab — it’s about long-term alignment and incentivizing ecosystem builders, not short-term liquidity events.