1 · Read every promise by status
A protection is only as useful as its delivery state. Every claim on this page carries one of four labels; dates and confident language do not upgrade a proposal into an implemented right.
| Status | Meaning |
|---|---|
| Implemented | Present and testable in the current product surface or trust boundary. |
| Demo-only | Runs only with simulated people, play credits, and no real financial rights. |
| Proposed | Preserved product or protection research. It is not a current user right. |
| Counsel-gated | Cannot become a real-money, real-person promise without approved terms, regulation, operations, and counsel. |
Current product —Preflop is a simulation. No trade uses money, no demo unit is a security or contractual claim, and no displayed outcome is a promise of return.
2 · What the demo can honestly prove
| Surface | Status | What it proves |
|---|---|---|
| Market | Demo-only | A continuous two-sided price can form around one standardized person-level unit. |
| Events | Demo-only | Time-bound contracts can price specific milestones without replacing or settling the underlying claim. |
| Portfolio | Demo-only | Cash, units, reservations, fills, positions, and settlement can reconcile in play credits. |
| Reference value | Demo-only | A versioned model can publish an analytical reference separately from observed spot price. |
The demo is the same instrument architecture we intend to test—not a fake stock chart—but its identities, data, balances, activity, and legal effects are simulated. Reference value, spot price, event probability, and realized distributions remain separate numbers.
3 · The instrument boundary
The target asset is a standardized unit in a defined slice of a consenting issuer’s realized economic benefit. The unit is designed to continue after covenant conversion; event contracts sit on top of it and settle only from their own public resolution terms.
| Layer | Target meaning | Current status |
|---|---|---|
| Underlying unit | A perpetual economic claim after any finite financing leg converts; never ownership or control of the person. | Demo-only architecture; real claim counsel-gated |
| Reference value | A reproducible analytical snapshot based on versioned assumptions and authorized data. | Demo-only |
| Spot price | The latest executed market price, formed by orders and inventory—not overwritten by the model. | Demo-only |
| Event contract | A separate binary claim on a dated, objectively resolvable milestone. | Demo-only |
A backer in the demo owns nothing outside the simulation. A future real holder would own only the financial rights in approved terms: no claim on labor, time, attention, body, name, image, career choice, or personal life.
4 · Identity withdrawal is not financial termination
Consent to publish identity, use data, or promote a profile is purpose-specific and must be withdrawable. Withdrawing that consent stops the relevant public use. It does not retroactively erase trades or silently destroy another party’s financial state.
| Action | Immediate design response | What it does not do |
|---|---|---|
| Identity or publication consent is withdrawn | Hide or limit the profile, stop new processing, halt affected books, cancel executable orders, and preserve an audit record. | It does not invent a buyback price, release capacity, void positions, or settle a real claim. |
| Economic exit is requested | Route to an approved lifecycle process when one exists. | It is not implied by deleting a profile or revoking optional data access. |
Counsel gate —The treatment of outstanding real obligations after identity withdrawal is unresolved and requires a recorded policy, tested migration, and counsel approval before real launch.
5 · Protection ledger
This ledger preserves the strongest ideas from the earlier ethics page while removing the false impression that research is already a product right.
| Promise or mechanism | Status | Truthful scope |
|---|---|---|
| Persistent simulation disclosure | Implemented | Every demo market and consequential action must remain visibly simulated. |
| Archetype-composite profiles | Demo-only | The MVP uses fictional composites, never an unconsented living person presented as a listed issuer. |
| 10,000 units; 0.0025% capacity per unit; 25% person-level ceiling | Demo-only | The demo enforces the signed unit identity. Real issuance remains counsel-gated. |
| Continuous spot market and person-specific event markets | Demo-only | They use play credits. Event outcomes never settle from Preflop's own valuation model. |
| No backer control over a person's work, location, relationships, or life | Counsel-gated | This is a non-negotiable target term for any real instrument, not a live contractual right today. |
| Minimum-effort standard and protected sabbatical | Proposed | Preserved covenant research; exact language, duration, breach standard, and enforceability are not shipped. |
| Hardship delisting and fee-reserve buyback | Proposed | Research is preserved, but exit triggers, funding, holder treatment, and perpetual-unit pricing are unresolved. |
| Identity-withdrawal halt | Proposed | The signed design stops publication and trading while preserving financial state; it is not a settlement rule. |
| Independent ombudsman and public dispute ledger | Proposed | No ombudsman channel, external authority, or live public ledger is represented as operational. |
| Issuer wellness fund and mental-health support program | Proposed | The research remains visible; no funded benefit or clinical service is promised today. |
| Emergency controls and holder revocation | Proposed | No deployed smart-contract governance right is represented as shipped. |
| Privacy audit, ethics board, insurance, and public-interest grant | Proposed | These remain roadmap concepts until they have owners, funding, operating rules, and verification. |
| Real-person onboarding, private economic documents, and real settlement | Counsel-gated | No W-2, tax, payroll, identity, bank, or other private record is requested by the public demo. |
6 · Private data is not demo fuel
The long-term underwriting thesis may use issuer-authorized economic records, including income and entity data, to improve reference values and service real obligations. That data advantage cannot be built by quietly importing private documents into a public demo.
- Implemented: the public demo must not request or imply possession of real W-2s, tax records, payroll, bank records, government identity documents, or nonpublic communications.
- Demo-only: scenario data is deterministic, versioned, and visibly synthetic.
- Counsel-gated: any future private-data category needs a named purpose, minimum fields, explicit consent, access controls, retention treatment, correction and withdrawal paths, and an approved legal basis before collection.
7 · Decisions we will not fake
The perpetual claim is the thesis. Its hard edge cases are not an excuse to dilute it, and they are not settled merely because a prior page contained a formula.
| Open question | Why it remains open |
|---|---|
| Perpetual-unit buyback | Pricing, holder election, funding, partial retirement, and pre-liquidity treatment require market evidence and a founder decision. |
| Death and incapacity | Settlement denominator, estate enforceability, privacy, timing, and succession require founder and counsel decisions. |
| Economic withdrawal and hardship delisting | Triggers, notice, holder rights, capacity treatment, and source of funds are not yet one approved rule. |
| Reporting failure | Grace, cure, pause, arrears, escalation, and holder notice remain policy work. |
| Passive investment returns inside TEB | Recursive exposure and the exact economic-benefit definition remain unresolved. |
8 · The standard
Preflop succeeds only if the market remains legible to every side: issuers know exactly what they offered, backers know exactly what they hold, market makers know the risk they are pricing, and the platform cannot rewrite history when the outcome is inconvenient.
We will publish the model version, separate model output from market price, preserve immutable market and accounting history, disclose conflicts, and label unfinished safeguards as unfinished. A real launch requires the instrument, participant rules, data program, lifecycle treatment, custody, settlement, surveillance, and dispute process to clear their recorded legal and operational gates.
Revision rule —Any material change to claim rights, unit supply, valuation meaning, demo disclosure, identity treatment, or stakeholder rights requires a recorded decision before implementation.
Revision: 2026-09-04 · Legacy promises reconciled against the signed product constitution, lifecycle policy, identity policy, and market governance specification.