A · WINNER · 54
Tokenised fund / ETP analogue — AP-funded physically backed tracker
LAUNCH-PATH-V4.0 · PAPER · NOT LEGAL ADVICE
DR LAUNCH PATH — RESEARCH
Winner structure, £0 split, jurisdictions not selected, partners not contacted. Nothing issued.
ISSUED=FALSE · CAPITAL=£0 · PARTNERS=NONE · WINNER=A · ZERO_TOTAL=NO · FOUNDER_BASKET=CONDITIONAL · LIVE_ISSUANCE_FAIL=TRUE
KILL TEST
First real backed DR is not credible at £0 with no entity, counsel, custodian, AP, or frozen DDEI. Shipping a token anyway is the unbacked path, which is blocked. FAIL live issuance. Do not fail Proof of Evidence — it does not require DR.
DR is the proposed native economic asset of the wider Duplios ecosystem and may be used for PoE rewards, bounties and participation.
Incorrect: Proof of Evidence cannot function without DR.
B · KEEP · 50
Traditional ETF/ETP (non-token)
C · KEEP · 44
CIS unit trust / OEIC with crypto overlay
D · SEED_ONLY · 36
Depositary receipt / warehouse receipt
E · KILL · 26
Synthetic / swap / unfunded tracker
F · KILL · 24
Protocol-owned basket / DAO treasury token
G · KEEP · 37
SPV + transferable notes
H · KEEP · 41
Private fund / qualified-investor only (no public token)
Full memo: research hub. Files under institutional/research/dr-launch/.