Changelog

Published versions of this whitepaper and what changed. PDFs of earlier versions can be downloaded where available.

1. v1.8November 5, 2026Current

   Made Stage 1 pilot reward, catalog and budget tables and exclusions independent sections. Identified price relationships and circulation examples as the ECO-0002 proposal frozen for this edition and standardized annual total reward payout cap terminology. Operating tables, figures and current partnership and feature status are retained.

   PDF (EN) · 676KBPDF (KO) · 1.7MB

2. v1.7November 5, 2026

   Explained the operating rationale for BHCT and its role in Zetaverse before alternatives and conditions. Simplified operational details and corrected section references, annual gross rewards payout cap terminology and the current full treasury holding. Changing operating figures are read from the operating tables. Partnership, service and numerical proposals and operating revision ECO-0002 are retained.

   PDF (EN) · 675KBPDF (KO) · 1.7MB

3. v1.6November 5, 2026

   Aligned receiving responsibilities, eligible-receipt reallocation and brand bonus quotas across the site; strengthened alternative comparisons, product demand and outstanding obligations, mature-cohort recovery, all-pool spending and gross annual payout limits, and cash-funding evidence. Linked immutable operating revisions, disclosures and before/after tables, and fixed operating-table snapshots for PDFs. Proposed figures and current unallocated/preparing/design status are retained.

   PDF (EN) · 664KBPDF (KO) · 1.7MB

4. v1.5November 5, 2026

   Turned the Stage 1 pilot figures (reward amounts by contribution, service catalog prices and capacity, quarterly distribution budget) into tables linked to the admin settings. Each table shows its status (proposed or confirmed) and as-of date, the token page shows the same values, and quarterly adjustments are made by updating these values with a disclosure rather than publishing a new whitepaper version. Added the principle that prices are set in BHCT amounts and not tied to a market price, with a related FAQ. The figures themselves are unchanged from v1.4.

   PDF (EN) · 647KBPDF (KO) · 1.7MB

5. v1.4November 5, 2026

   Added a Token economy chapter: a circular design in which tokens from the fixed supply are distributed only for verified contributions, spent on Zetaverse ecosystem services and access, and recovered to an ecosystem receiving wallet for reallocation to the reward pool. It covers a flow diagram, why BHCT is needed and how it divides work with cash, flows by participant, an annual distribution cap, balancing rules, monthly circulation metrics, a worked example and a staged rollout. Added BHCT's role at each Zetaverse operating step, a proposed allocation and lock schedule in Tokenomics, and proposed Stage 1 pilot figures (reward amounts by contribution, service catalog prices and capacity, a first-quarter budget of 750,000 BHCT and next-quarter adjustment criteria). Allocation shares, the distribution cap and the Stage 1 figures are proposed values and will be disclosed once confirmed.

   PDF (EN) · 622KBPDF (KO) · 1.6MB

6. v1.3November 5, 2026

   Defined a proposed operating model using the supplied Zetaverse strategy: roles of brands, creators, the separate operator and NVEX; optional additional rewards; profile-clinic and production-support candidates; separate token and cash flows; voluntary receipts and reallocation; budgets, quotes, refunds, exit procedures and pilot metrics. Distinguished business, token-use and service-exit references. This release does not establish signed agreements, live utility, allocation percentages, unlock schedules or returns.

   PDF (EN) · 503KBPDF (KO) · 1.4MB

7. v1.2November 5, 2026

   Expanded the proposed operating model with creator readiness criteria, service outputs, campaign monetization and contract topics, KPI definitions, reward procedures and expansion gates, drawing on the supplied Zetaverse strategy and official descriptions of comparable services. Added the ecosystem detail page, Korean and English PDF links, and English change notes. This release does not establish new allocation figures, operating results or signed partnerships.

   PDF (EN) · 463KBPDF (KO) · 1.3MB

8. v1.1November 4, 2026

   Added A4 PDFs in Korean and English and reorganized the chapters into business, ecosystem, token, technology, operations, roadmap, risks, conclusion and appendices. Added technology, conclusion, references and ecosystem component sections. Expanded the operating system, brand deal types, Asian corridor, pilot and roadmap using the supplied strategy. Added utility progress notes and the Preparing status. Clarified that Zetaverse has a separate operator and NVEX is pursuing a BHCT integration partnership. Reorganized roles, campaign workflow, business models, BHCT touchpoints and disclosure plans, separating campaign review from token-transfer verification.

   PDF (EN) · 496KBPDF (KO) · 1.1MB

9. v1.0November 4, 2026

   First public release covering the Zetaverse ecosystem, proposed BHCT utility, token facts, current tokenomics, contract permissions, disclosure principles, roadmap, risks and legal notices.