PULSECHAIN PEACOCK

1 - Date of notification

2026.01.28

2 - Statement in accordance with Article 6(3) of Regulation (EU) 2023/1114

This crypto-asset white paper has not been approved by any competent authority in any Member State of the European Union. The person seeking admission to trading of the crypto-asset is solely responsible for the content of this crypto-asset white paper.

3 - Compliance statement in accordance with Article 6(6) of Regulation (EU) 2023/1114

This crypto-asset white paper has not been approved by any competent authority in any Member State of the European Union. The person seeking admission to trading of the crypto-asset is solely responsible for the content of this crypto-asset white paper.

4 - Statement in accordance with Article 6(5), points (a), (b), (c), of Regulation (EU) 2023/1114

The crypto-asset referred to in this crypto-asset white paper may lose its value in part or in full, may not always be transferable and may not be liquid.

5 - Statement in accordance with Article 6(5), point (d), of Regulation (EU) 2023/1114

Since the token has multiple functions (hybrid token), these are already conceptually not utility tokens within the meaning of the MiCAR within the definition of Article 3 (1), due to the necessity of the "exclusivity".

6 - Statement in accordance with Article 6(5), points (e) and (f), of Regulation (EU) 2023/1114

The crypto-asset referred to in this white paper is not covered by the investor compensation schemes under Directive 97/9/EC of the European Parliament and of the Council or the deposit guarantee schemes under Directive 2014/49/EU of the European Parliament and of the Council.

7 - Warning in accordance with Article 6(7), second subparagraph, of Regulation (EU) 2023/1114

Warning: This summary should be read as an introduction to the crypto-asset white paper. The prospective holder should base any decision to purchase this crypto-asset on the content of the crypto-asset white paper as a whole and not on the summary alone. The offer to the public of this crypto-asset does not constitute an offer or solicitation to purchase financial instruments and any such offer or solicitation can be made only by means of a prospectus or other offer documents pursuant to the applicable national law. This crypto-asset white paper does not constitute a prospectus as referred to in Regulation (EU) 2017/1129 of the European Parliament and of the Council or any other offer document pursuant to Union or national law.

8 - Characteristics of the crypto-asset

PCOCK tokens this white paper refers to are crypto-assets other than EMTs and ARTs, which are currently available on the PulseChain blockchain (at the time of writing this white paper (2026.01.28) and according to DTI FFG shown in F.14). The initial production of the 1,000,000,000 tokens (the so-called "mint") took place on August 01, 2025.

9 - Information about the quality and quantity of goods or services to which the utility tokens give access and restrictions on the transferability

Since the token has multiple functions (hybrid token), these are already conceptually not utility tokens within the meaning of the MiCAR within the definition of Article 3 (1), due to the necessity of the "exclusivity".

A.1 Crypto-asset project name

Long Name: "Peacock", Short Name: "PCOCK" according to the Digital Token Identifier Foundation (www.dtif.org, DTI see F.13, FFG DTI see F.14 as of 2025-05-27).

A.2 Crypto-asset name

Peacock

A.3 Abbreviation

PCOCK

A.4 Crypto-asset project description

Peacock (PCOCK) is a digital asset positioned as a memecoin within the burgeoning PulseChain ecosystem. It aims to cultivate a strong community presence and establish a cultural footprint on this decentralized platform. PCOCK's genesis is tied to the PulseChain blockchain, a Layer 1 network established by Richard Heart, which operates as an Ethereum fork optimized for higher throughput and lower transaction costs, maintaining full EVM compatibility. The project's branding is rooted in the community culture and events surrounding PulseChain, specifically referencing the "Peacock" imagery used by the founder, Richard Heart, in certain social media posts relating to the launch of the PulseX decentralized exchange and Liberty Swap. This imagery was swiftly adopted by the community and transformed into a recognizable memecoin mascot. As a memecoin, PCOCK's primary function is not tied to complex utility or advanced financial mechanics but rather to its role in market engagement. It contributes to the overall liquidity and daily trading volume on PulseChain's major decentralized exchanges, such as PulseX. Furthermore, PCOCK serves as an accessible entry point for new users, attracting those interested in crypto meme culture to explore the broader PulseChain network. The token adheres to the PRC-20 standard, ensuring seamless compatibility and transaction ease across wallets integrated with the PulseChain network. Ultimately, PCOCK represents a significant component of the speculative and community-driven asset class within the PulseChain environment, with its valuation largely influenced by market sentiment and ongoing community participation.

A.5 Utility Token Classification

The token does not classify as a utility token.

A.6 Key Features of Goods/Services for Utility Token Projects

Not applicable.

A.7 Plans for the token

At the time of writing this white paper (2026.01.28), no future plans for the crypto-asset were to be found.

A.8 Planned use of Collected funds or crypto-Assets

There is currently no information available regarding the planned use.

B.1 Crypto-asset type

The crypto-asset described in the white paper is classified as a crypto-asset under the Markets in Crypto-Assets Regulation (MiCAR) but does not qualify as an electronic money token (EMT) or an asset-referenced token (ART). It is a fungible digital representation of value that can be stored and transferred using distributed ledger technology (DLT) or similar technology, without embodying or conferring any rights to its holder. The asset does not aim to maintain a stable value by referencing an official currency, a basket of assets, or any other underlying rights. Instead, its valuation is entirely market driven, based on supply and demand dynamics, and not supported by a stabilization mechanism. It is neither pegged to any fiat currency nor backed by any external assets, distinguishing it clearly from EMTs and ARTs. Furthermore, the crypto-asset is not categorized as a financial instrument, deposit, insurance product, pension product, or any other regulated financial product under law. It does not grant financial rights, voting rights, or any contractual claims to its holders, ensuring that it remains outside the scope of regulatory frameworks applicable to traditional financial instruments.

B.2 Crypto-asset functionality

PCOCK currently has no functionality whatsoever.

B.3 Crypto-asset characteristic

The tokens are crypto-assets which are available on the PulseChain blockchain. The tokens are fungible (up to 6 digits after the decimal point), and a total of 1,000,000,000 have already been issued. The tokens are a digital representation of value, and have no inherent rights attached as well as no intrinsic utility.

B.4 Website of the issuer

https://pulsechainpeacock.com/

C.1 Purchaser rights and obligations

No legally binding real or contractual obligations are linked to the crypto-asset.

C.2 Exercise of rights and obligations

As the token grants no legal binding rights nor obligations, there are no procedures and conditions for the exercise of these rights applicable.

C.3 Conditions for modifications of rights and obligations

As the token grants no legal binding rights nor obligations, there are no procedures and conditions for the exercise of these rights applicable.

C.4 Future public offers

Information on the future offers to the public of crypto-assets were not available at the time of writing this white paper.

C.5 Utility token classification

Not applicable

C.6 Key features of goods/services of utility tokens

Not applicable

C.7 Utility tokens redemption

Not applicable

C.8 Token value protection schemes

No, the token does not have value protection schemes.

C.9 Token value protection schemes description

Not applicable

C.10 Compensation schemes

No, the token does not have compensation schemes.

C.11 Compensation schemes description

Not applicable

C.12 Applicable law

The token is not subject to any predetermined court jurisdiction. Competent court likely depends on the location of any particular party and/or the location of any particular transaction with the token.

C.13 Competent court

The token is not subject to any predetermined court jurisdiction. Competent court likely depends on the location of any particular party and/or the location of any particular transaction with the token.

D.1 Distributed ledger technology (DTL)

PCOCK token is deployed and issued on the PulseChain network.

The contract addresses are:

PulseChain (PLS): 0xc10a4ed9b4042222d69ff0b374eddd47ed90fc1f

D.2 Technology used

The project integrates blockchain assets with consumer-facing platforms. This includes smart contract-based token issuance and wallet verification systems.

D.3 Incentive mechanisms and applicable fees

PCOCK does not include native validator or miner incentives. Standard network transaction fees apply on the hosting blockchains. External partnerships may provide additional rewards (e.g. loyalty points), but these are not part of the token's on-chain economics.

E.1 Offer-related risks

PCOCK is already in public circulation and the current action relates to its admission to trading, rather than a new offer to the public. Nevertheless, risks associated with the admission process include:

• Market Volatility: Crypto-assets, including PCOCK token, are subject to significant price fluctuations due to market speculation, regulatory developments, liquidity shifts, and macroeconomic factors.
• Information Asymmetry: Due to the decentralised nature of the PCOCK token, not all market participants may have access to the same level of technical understanding or information, potentially leading to imbalanced decision-making.
• Listing Risk: Admission to trading on specific platforms does not guarantee long-term availability, and trading venues may delist the asset due to internal policy, regulatory enforcement, or liquidity thresholds.
• Jurisdictional Restrictions: The regulatory treatment of crypto-assets varies between jurisdictions. Traders or investors in certain regions may face legal limitations on holding or transacting PCOCK.

E.2 Issuer-related risks

Not applicable

E.3 Crypto-assets-related risks

• Volatility risk: Crypto-assets are subject to significant price volatility, which may result from market speculation, shifts in supply and demand, regulatory developments, or macroeconomic trends. This volatility can affect the asset's value independently of the project's fundamentals.
• Liquidity risk: The ability to buy or sell the crypto-asset on trading platforms may be limited by market depth, exchange availability, or withdrawal restrictions, potentially impairing the ability of holders to exit positions efficiently or at desired prices.
• Regulatory risk: The evolving global regulatory landscape may impose new restrictions, classifications, or disclosure requirements that could impact the legal treatment, availability, or use of the crypto-asset. Changes in regulation may also affect the token's classification or trigger enforcement actions.
• Exchange-related risk: The crypto-asset may rely on third-party trading platforms for liquidity and price discovery. These platforms are subject to operational, custodial, or legal risks, including suspension of trading, delistings, or platform failure, which may adversely affect access to the asset.
• Custody and private key risk: Holders of crypto-assets are typically responsible for managing private keys or access credentials. Loss, theft, or compromise of these keys may result in irreversible loss of the associated assets without recourse or recovery.
• Market manipulation risk: The crypto-asset may be susceptible to pump-and-dump schemes, wash trading, or other forms of market manipulation due to limited oversight or fragmented market infrastructure, which can distort price signals and mislead participants.
• Perception and reputational risk: Public sentiment, media narratives, or association with controversial projects or exchanges may influence the perception of the crypto-asset, affecting its adoption, market value, and long-term viability.
• Forking risk: Blockchain networks may undergo contentious upgrades or forks, potentially resulting in duplicate tokens, split communities, or compatibility challenges that affect the asset's continuity or utility.
• Legal ownership risk: Depending on jurisdiction and platform terms, holders may not acquire legal ownership or enforceable rights with respect to the crypto-asset, which could affect recourse options in the event of fraud, misrepresentation, or loss.
• Network usage risk: A decline in activity or utility on the associated network may reduce the economic relevance of the crypto-asset, diminishing its value and undermining its role as a medium of exchange or utility token.
• Compliance risk: Holders may be subject to local obligations related to tax reporting, anti-money laundering (AML), or sanctions compliance. Failure to meet these obligations could result in penalties or legal consequences.
• Cross-border risk: Transactions involving the crypto-asset may span multiple jurisdictions, creating uncertainty around applicable laws, conflict-of-law issues, or barriers to enforcement and regulatory clarity.
• Incentive misalignment risk: The crypto-asset's economic model may depend on incentives for participants such as validators, developers, or users. If these incentives become insufficient or distorted, network participation and security may decline.
• Token distribution concentration risk: A disproportionate concentration of token supply in the hands of a small number of holders ("whales") may enable price manipulation, governance capture, or coordinated sell-offs that impact market stability and community trust.
• Misuse risk: The crypto-asset may be used for illicit purposes (e.g., money laundering, ransomware payments), exposing the project to reputational harm or regulatory scrutiny, even if such activity is beyond the issuer's control.
• Utility risk: The expected utility of the token within its ecosystem may fail to materialise due to low adoption, under-delivery of promised features, or technical incompatibility, undermining its value proposition.
• Inflation or deflation risk: The token's supply mechanics (minting, burning, vesting, etc.) may introduce inflationary or deflationary dynamics that affect long-term holder value and purchasing power within the network.
• Secondary market dependence risk: The ability of users to access, trade, or price the token may depend entirely on secondary markets. If such platforms restrict or delist the asset, liquidity and discoverability may be severely impacted.
• Taxation risk: The treatment of crypto-assets for tax purposes may vary by jurisdiction and change over time. Holders may face unanticipated tax liabilities related to capital gains, income, or transaction activity.
• Incompatibility risk: The crypto-asset may become technically incompatible with evolving wallets, smart contracts, or infrastructure components, limiting its usability and support within the broader crypto ecosystem.
• Network governance risk: If governance decisions (e.g., protocol upgrades, treasury usage) are controlled by a limited set of actors or are poorly defined, outcomes may not align with broader user interests, leading to fragmentation or disputes.
• Economic abstraction risk: Users may be able to interact with the network or ecosystem without using the crypto-asset itself (e.g., via gas relayers, fee subsidies, or wrapped tokens), reducing demand for the token and weakening its economic role.
• Dust and spam risk: The crypto-asset may be vulnerable to dust attacks or spam transactions, creating bloated ledgers, user confusion, or inadvertent privacy exposure through traceability.
• Jurisdictional blocking risk: Exchanges, wallets, or interfaces may restrict access to the crypto-asset based on IP geolocation or jurisdictional policies, limiting user access even if the asset itself remains transferable on-chain.
• Environmental or ESG risk: The association of the crypto-asset with energy-intensive consensus mechanisms or unsustainable tokenomics may conflict with emerging environmental, social, and governance (ESG) standards, affecting institutional adoption.

E.4 Project implementation-related risks

• Development risk: The project may experience delays, underdelivery, or changes in scope due to unforeseen technical complexity, resource constraints, or coordination issues, impacting timelines and stakeholder expectations.
• Funding risk: The continued implementation of the project may depend on future funding rounds, revenue generation, or grants. A shortfall in available capital may impair the project's ability to execute its roadmap or retain key personnel.
• Roadmap deviation risk: Strategic shifts, pivots, or reprioritization may result in deviations from the originally published roadmap, potentially leading to dissatisfaction among community members or early supporters.
• Team dependency risk: The project's success may be heavily dependent on a small number of core contributors or founders. The departure, unavailability, or misconduct of these individuals could significantly impair execution capacity.
• Third-party dependency risk: Certain components of the project (e.g., infrastructure providers, integration partners, oracles) may rely on external entities whose performance or continuity cannot be guaranteed, introducing operational fragility.
• Talent acquisition risk: The project may face challenges recruiting and retaining qualified professionals in highly competitive areas such as blockchain development, AI engineering, security, or compliance, slowing implementation or reducing quality.
• Coordination risk: As decentralised or cross-functional teams grow, internal coordination and alignment across engineering, product, legal, and marketing domains may become difficult, leading to delays, errors, or strategic drift.
• Security implementation risk: Insufficient diligence in implementing security protocols (e.g., audits, access controls, testing pipelines) during development may introduce critical vulnerabilities into the deployed system.
• Scalability bottleneck risk: Architectural decisions made early in the project may limit performance or scalability as usage grows, requiring resource-intensive refactoring or redesign to support broader adoption.
• Vendor lock-in risk: Reliance on specific middleware, cloud infrastructure, or proprietary tools may constrain the project's flexibility and increase exposure to price shifts, service outages, or licensing changes.
• Compliance misalignment risk: Product features or delivery mechanisms may inadvertently breach evolving regulatory requirements, particularly around consumer protection, token functionality, or data privacy, necessitating rework or geographic limitations.
• Community support risk: The project's success may rely on active developer or user participation. If the community fails to engage or contribute as anticipated, ecosystem momentum and resource leverage may decline.
• Incentive misalignment risk: Implementation plans may fail to maintain consistent alignment between stakeholders such as developers, token holders, investors, and users, undermining cooperation or long-term sustainability.
• Marketing and adoption risk: Even with timely technical delivery, the project may fail to gain market traction, user onboarding, or brand recognition, reducing the effectiveness of its deployment.