The Journey

How Membership Begins, On-Chain

From first interest to full membership — every step explained, in the order you live it. Phase 1 is live on Ethereum Mainnet today. Phase 2 activates alongside the Vienna estate.

The Eight Steps
  1. 01 Discover Phase 1
  2. 02 Pass KYC Phase 1
  3. 03 Buy esPCS Phase 1
  4. 04 TGE Phase 1
  5. 05 Convert Phase 1
  6. 06 Vest & Claim Phase 1
  7. 07 Stake & Tier Phase 2
  8. 08 Use the Society Phase 2

The Eight Steps in Detail

  1. 01 Phase 1

    Discover the thesis

    What you do

    Read the whitepaper. Inspect the live contracts. Decide whether the dual-jurisdiction architecture and the Phase 1 → Phase 2 path match your investment posture.

    What happens on-chain

    Nothing is written yet. The decision is yours alone — no wallet signature, no on-chain footprint.

    Read §1 Executive Summary →
  2. 02 Phase 1

    Pass KYC

    What you do

    Complete identity verification through members.pcs.club. The KYC operator runs the off-chain screening — sanctions checks, restricted-jurisdiction exclusion, source-of-funds.

    What happens on-chain

    On success, the operator writes a Verified status to the KYCRegistry contract against your wallet. The registry stores only a binary status and an informational region code — no personal data on-chain.

    Read §10 Compliance →
  3. 03 Phase 1

    Buy esPCS at the current round price

    What you do

    Purchase your allocation at the alpha price — Round 1 is open at $0.10 per $PCS. Funds route directly into a VARA-approved Qualified Institutional Custodian. No developer hot wallets.

    What happens on-chain

    You receive esPCS to your wallet — a non-transferable 1:1 receipt token marking your committed allocation. esPCS itself cannot be staked, traded, or moved; it is a claim ticket, nothing more.

    Read §5.5 The Presale Mechanic →
  4. 04 Phase 1

    Wait for TGE

    What you do

    Hold your esPCS. There is nothing to claim, stake, or trade yet — by design. The Token Generation Event is the moment the protocol opens the conversion path.

    What happens on-chain

    TGE flips the gate inside the PresaleConverter contract. Until that moment, no esPCS can be converted, and no $PCS sits in any circulating wallet.

    Read §9 Roadmap →
  5. 05 Phase 1

    Convert esPCS → vested $PCS

    What you do

    Make a single atomic call to the PresaleConverter contract from your verified wallet. Your esPCS is burned 1:1; a per-buyer vesting schedule is opened on your behalf.

    What happens on-chain

    The converter checks three preconditions in one transaction: TGE has occurred, your KYCRegistry status is Verified, and the caller is your own address. On success, esPCS is burned and PCSDistributor registers a schedule frozen to your round's terms version.

    Read §5.5 Conversion →
  6. 06 Phase 1

    Vest and claim

    What you do

    Claim your unlocked $PCS as it becomes available. The TGE-unlock portion is claimable immediately at conversion; the rest releases after the cliff, daily, until your schedule completes.

    What happens on-chain

    PCSDistributor enforces the schedule in code. The terms — TGE %, cliff seconds, linear seconds — were frozen to your round at conversion. No admin, no governance, no multisig can shorten, extend, or alter your schedule.

    Read §5.6 Vesting in Practice →
  7. 07 Phase 2

    Stake $PCS to qualify for a membership tier

    What you do

    Activate a tier — Connoisseur, Patron, or Curator — by staking $PCS at the published threshold. Tier governs estate access, fractional NFT allocations, and oracle privileges.

    What happens on-chain

    Phase 2. The staking contract reads your $PCS balance and writes a tier badge against your wallet. Threshold changes pass through the 14-day Treasury Timelock, so any adjustment is visible on-chain before it takes effect.

    Read Membership Tiers →
  8. 08 Phase 2

    Use the society

    What you do

    Visit the Vienna estate. Buy fractional shares of curated cars on the marketplace. Receive dynamic-metadata NFTs whose value tracks live appraisals. Vote on stewardship questions through governance.

    What happens on-chain

    Phase 2. The estate, the marketplace, the oracle, and on-chain governance activate together. Until they are live, every Phase 2 mechanic is marked as forward-looking across the whitepaper.

    Read §6 Dynamic Car NFTs →
A Worked Example

How vesting actually feels

A buyer commits at Round 1 — $1,000 of $PCS at $0.10 — and converts at TGE on terms of 10% TGE unlock, 3-month cliff, and 18-month linear release. Here is the schedule that executes on-chain.

Moment
Conversion (TGE) Unlocked 1,000 $PCS Cumulative 10% Claimable immediately. The other 9,000 $PCS is locked in the schedule.
Months 1 – 3 (Cliff) Unlocked 0 $PCS Cumulative 10% Nothing releases. The cliff is a hard floor in the contract — no admin can fast-forward it.
End of Month 3 Unlocked First daily release begins Cumulative 10% → climbing Linear release starts. The remaining 9,000 $PCS releases at a constant daily rate over 18 months.
Month 21 (Schedule end) Unlocked 10,000 $PCS Cumulative 100% Full allocation claimable. The schedule is closed; no further releases.

Round-specific terms are frozen at conversion. A buyer who participates in two rounds with different terms receives two independent schedules — each governed by its own immutable terms version.

Cumulative unlock — months 0 to 21
0% 25% 50% 75% 100% M0 TGE M3 cliff ends M21 schedule end 10% TGE cliff ends — linear begins 100% claimable
Phase 1 — Live Today

Round 1 is open at $0.10 per $PCS

The presale runs through members.pcs.club. KYC, esPCS, and conversion all happen there. Inspect the live contracts on Etherscan before you commit.

Buy $PCS Verify on-chain →