Whitepaper Version History

Version 1.0	Apr. 18, 2025	Initial public release
Version 1.1	May 5, 2025	Updated images
Version 1.2	Nov. 24, 2025	Added the ‘Builder Program’ sub-category under the ‘Ecosystem’ category and ‘Treasury’ category to the token allocation. Clarified that the unused tokens from the ‘Early Community’ and ‘Liquidity Provision’ allocations may be reallocated to the ‘Builder Program’ or ‘Treasury’ allocations following public disclosure. Updated the Unlocked Supply section to include a detailed explanation of temporary and permanent removal mechanisms, including the protocol-driven burn process and clarifications on circulation dynamics. See nexpace.io for public disclosure.
Version 1.3	Dec, 16, 2025	Item Fusion system has been updated. The basket inclusion criteria for NFTs were refined, adjusting the rules that determine which NFTs qualify for basket. A fallback mechanism was added so the protocol continues to function even when bid volume is insufficient. All technical specs and documentation were updated to match the new logic.
Version 1.4	Jan, 15, 2026	Item Fusion has been adjusted. The reference price methodology has been refined to better reflect market conditions.