[00 // TOKEN LAUNCH PHILOSOPHY] Most tokens begin with a market. $GLOBE begins with a network. We believe value should not exist independently of participation. It should emerge from the relationships people create, the positions they establish, and the structure they build together. That belief shapes every part of the Globe Protocol. ■ Network > Token Most projects launch a token. We launched a network. $GLOBE is the native value layer of that network. ■ Assets > Position Markets reward ownership. Networks reward position. - Ownership is what you hold. - Position is where you stand. The difference becomes more important as the network grows. ■ Participation + Capital - Capital acquires assets. - Participation builds networks. Long-term value requires both. ■ Value - A token derives value from demand. - A network derives value from participation. $GLOBE was designed to capture both. ■ Scarcity Scarcity isn't the beginning. It is the consequence. - Every new link consumes supply. - Every new participant strengthens demand. ■ The Flywheel Networks grow. Growth creates connections. Connections consume supply. Scarcity attracts participation. Participation expands the network. The cycle repeats. The market values assets. Networks value positions. $GLOBE connects the two.