OWN — Token Framework

BitLease Technologies Ltd. A subsidiary of 49G Holding Incorporated in Abu Dhabi Global Market (ADGM), Registered Address: Unit PC-1, Level 7, Al Maryah Tower, Abu Dhabi Global Market Square, Abu Dhabi, Al Maryah Island, United Arab Emirates

ADGM Registration No.: 34619

Document: OWN — Token Framework — The utility token that unlocks ownership across the BitLease ecosystem.

Classification: BitLease Technologies Ltd. · ADGM, Abu Dhabi, UAE

Executive Summary

OWN is the utility token of the BitLease platform, a regulated Lease-to-Own ecosystem for digital assets that makes ownership accessible without requiring payment in full at the point of purchase. OWN extends this purpose across the platform as the single token through which users reduce their costs, unlock contractual capacity, attain VIP standing, receive ecosystem rewards, and access holder-exclusive privileges.

OWN is a fixed-supply, non-inflationary ERC-20 token, immutable at the contract level, with a total supply of 1,000,000,000 units. Its value is neither speculative nor independent; it derives entirely from the utilities conferred by the active BitLease platform, each of which is available from the moment of acquisition.

At the center of the token's economy is the Evergreen Program, a ring-fenced operational treasury that holds half of the supply and keeps OWN continuously available to the public through finance-free Lease-to-Own. Under this mechanism, ownership of OWN is not a one-time offering but a continuously open channel.

This document defines OWN itself: its nature, its six utilities, its supply mechanism, its allocation, and the principles that govern it.

Key Facts

Corporate Structure

OWN operates within the BitLease group of companies. The entities below, and their respective roles in relation to the token, are as follows:

1. Introduction

Ownership has always been the most fundamental form of value accumulation and economic independence. What a person owns forms the basis of their wealth, their savings, and their participation in the economy. Yet access to ownership of valuable assets has always been tied to a single precondition: the ability to pay the full price at once. This precondition excludes a large share of people, those without lump-sum capital, and turns ownership into a privilege reserved for a few.

BitLease was established to remove this barrier. Under its Lease-to-Own model, an asset is acquired gradually over a defined period rather than through a single full payment, while economic benefit from the asset is available to the user from the commencement of the contract. In this way, the barrier of upfront price is replaced by a structured path to acquisition, and access to ownership is no longer confined to those holding large capital. This model constitutes the operational foundation of the BitLease ecosystem.

OWN is the utility token of this ecosystem, and its role is to facilitate and reinforce that same path. The OWN functions are defined in the frame of the BitLease platform: user cost reduction, unlocking of contractual capacity, definition of service levels, and settlement of ecosystem incentives. Its value derives not from any independent, speculative character but from the set of utilities the platform confers upon it; and those utilities are available from the moment of acquisition on an already-active platform.

This document defines the structure, principles, utilities, and economic model of OWN within the BitLease ecosystem.

2. Nature of the Token

OWN is the utility token of the BitLease platform, the unit through which holders access the platform's functions: paying fees with value returned, acquiring the token itself in installments, unlocking contractual capacity, determining service level, receiving ecosystem incentives, holding-based access privileges, among others.

Under its formal name, BitLease Utility Token, ticker OWN, it is a standard ERC-20 token on Ethereum. Total supply is fixed at 1,000,000,000 units, non-inflationary, and designed to be fully immutable under the current token framework: non-mintable, non-freezable, non-pausable, with no admin keys and no upgradeable logic.

Within its utility role, OWN does not represent equity, corporate ownership, debt, or any claim on the assets or revenues of BitLease, and confers no yield, interest, or passive income from the mere holding of the token; any return a holder may obtain arises only from active participation in platform programs such as Earn. Its value derives solely from the utilities the BitLease platform confers upon it.

3. Token Design Principles

The design of OWN follows a set of principles intended to keep the token simple, transparent, and directly connected to the operation of the BitLease platform.

Immediate utility. Every utility described in this Framework is available on an active platform and usable from the moment a user acquires OWN.

Utility first. Every function of OWN is tied to an identifiable BitLease service or product and exists solely to support platform activity.

Ownership alignment. OWN reinforces the same ownership philosophy that underlies the Lease-to-Own model, reducing barriers to participation and expanding access to platform capabilities.

Fixed supply. The supply is intended to be immutable and non-inflationary; no additional units are intended to be created after issuance.

Operational simplicity. Utilities are designed to be commercially understandable and operationally practical, not dependent on complex token mechanics.

Platform-centric value. The usefulness of OWN derives from the services available within the BitLease ecosystem, not from any independent investment characteristic.

4. Token Utilities

The utilities of OWN are all usable on the active BitLease platform and from the moment of acquisition. Each of the six functions below defines a distinct dimension of the token's usefulness.

4.1 OWN Back

Holders may pay BitLease service fees using OWN and, in return, receive an immediate rebate in OWN.

Paying a fee with OWN earns a rebate of 5% of the fee amount, in OWN, covering all platform service fees that include the Origination Fee, Finance Fee, and HyperHedge Fee applied immediately upon payment. This benefit is available uniformly to all users, with no tier, minimum holding, or other condition.

In this role, OWN is the only means of payment on the BitLease platform that returns value: settling the same fee by any other means returns nothing, whereas settling it in OWN returns a portion of the fee to the user. The rebate is funded from BitLease's Utility Reserve (Section 7). The 5% rate is the current rate; BitLease reserves the right to adjust it by public announcement, applying to future payments only. Installments and Down Payment are not eligible for the rebate.

4.2 OWN Access

OWN is continuously available to all users through a finance-free installment plan with flexible terms.

Any user may acquire OWN at any time, without a lump-sum payment and with no finance charge. The terms of acquisition, the down payment, the number of installments, and the duration are flexible and adjusted to conditions to keep the token within reach of the widest possible range of participants. This function moves acquisition of the token out of the exclusive domain of large capital and turns it into everyday purchasing power, extending the Lease-to-Own principle to OWN itself.

The durability of this access and the fact that it is always available derives from the Evergreen mechanism, which ensures continuous supply (Section 5).

4.3 OWN Power

Staking OWN within the BitLease Earn program allows a single asset to serve two functions simultaneously: it earns a return through Earn, while the liquidity of that same asset serves as backing that unlocks usable capacity on the platform.

With this capacity, a user can open contracts with no Down Payment and no HyperHedge fee. Because the user's own staked asset backs the contract, the risk of default is addressed at its source, which is why neither an upfront payment nor a separate coverage charge is required. In a Lease-to-Own contract, the leased asset itself serves as the primary cover; recourse to the staked OWN arises only if the value of the leased asset is insufficient and then only to the extent of the residual shortfall. The capacity is divisible: one deposit can back multiple deals (for example, a stake that unlocks $100,000 of capacity, of which $10,000 is used on one deal, keeps $90,000 available for further deals). The user may apply the capacity, at their discretion, to cover the Down Payment, the HyperHedge Fee, or both; a preferential Finance Fee continues to apply. The return is generated through the Earn program, as it would be for any asset staked in Earn; it is not a return conferred by merely holding OWN. The capacity is available for, and valid through, the term of the underlying stake. The operating mechanics and terms are defined in the BitLease Earn Framework and platform documentation.

4.4 OWN Tier

A user's VIP level in BitLease is determined solely and exclusively by their real-time OWN balance.

The level is based on the user's total OWN holdings across all of their in-platform wallets, including the Funding, LTO, LTB, LTL, and Earn wallets and updates in real time; an increase in holdings raises the level and a decrease lowers it. No other factor determines the level. Each tier unlocks a growing set of commercial benefits that widen at higher tiers, including fee reductions of up to approximately 50%, execution spread discounts, Down Payment reductions, a Buyout bonus, access to Portfolio LTO tiers, higher contract limits, access to dedicated agents, and service priority. These are commercial and access benefits; the precise values and thresholds of each tier are defined in the VIP Program documentation.

4.5 OWN Reward

OWN is the settlement unit for the rewards BitLease pays across its ecosystem.

Rewards under the Affiliate, Referral, and Agent programs (the incentives BitLease itself chooses to pay for such activities) are denominated in value but paid out in OWN at the prevailing rate. A reward worth, for example, $100 is settled by transferring the equivalent amount of OWN, rather than USDT or another asset. This makes OWN the reference payment unit for BitLease's ecosystem rewards, aligning all such payouts around a single asset. Rewards are paid for active contribution, not for holding the token.

4.6 OWN Insider

Holding OWN confers holder-exclusive access across the ecosystem.

OWN holders form a Verified Community whose feedback on product and platform direction is actively sought and prioritized, a consultative channel, not a binding governance right. In addition, holders gain access to exclusive discounts and offers and priority access to limited opportunities and capacity.

4.7 Utility Summary

4.8 Utility Lifecycle

The utility of OWN is designed to accompany a user throughout their participation in the ecosystem:

1. A user acquires OWN, directly or through Lease-to-Own.
2. OWN can immediately be used to pay eligible platform fees and receive the applicable rebate.
3. Holding OWN confers VIP tier benefits and holder access privileges.
4. Staking OWN in the Earn program unlocks contractual capacity through OWN Power.
5. Participation in the Affiliate, Referral, or Agent programs is rewarded in OWN.
6. As platform participation grows, further utility becomes available through deeper engagement with the ecosystem.

Rather than serving a single purpose, OWN is designed to support the user across their entire relationship with the BitLease platform.

5. The OWN Token Evergreen Program

5.1 Definition and Philosophy

Evergreen is the underlying supply mechanism of OWN and the central initiative of the token's economy. Its purpose is to keep ownership of OWN permanently available to the public and on the same principle that underlies the whole of BitLease: making ownership reachable for all, not only those able to pay in full. Users acquire OWN under this mechanism through the OWN Access Plan—the continuous, finance-free Lease-to-Own program presented in the BitLease platform.

Evergreen is a dedicated, ring-fenced operational treasury. Half of the total supply of OWN (500,000,000 units) is allocated to it, with the express purpose of broadening public access to ownership. Its mandate is to hold that allocation in the form of OWN and to offer it continuously through Lease-to-Own on the BitLease platform. The allocation is ring-fenced for this function and tracked separately from BitLease's other holdings. Evergreen's precise operating rules and governance are set out in the Evergreen Framework.

5.2 Structure and Roles

• Evergreen — the ring-fenced operational treasury holding the 500,000,000-unit allocation.
• BitLease Capital — Program Operator; operates the mechanism and receives an operating fee in return.
• BitLease — Executor; offers OWN to the public through Lease-to-Own and collects installments.
• OWN Token Foundation — Issuer of the token, which it issued at the direction of 49g; it plays no role in the fund's operation.

5.3 Treasury Rules

The Evergreen treasury operates under four immutable rules:

1. All funds returning from installment repayments are applied to repurchasing OWN from the market. Repurchase is not immediate or scheduled; it occurs in step with, and to the extent of, the inflow of returning installments—so the treasury never requires pre-held liquidity to sustain the cycle.
2. The treasury never holds any asset other than OWN; incoming cash is converted to OWN without delay.
3. In the absence of demand, OWN is held in the treasury; the treasury is a one-way destination.
4. OWN exits the treasury only through Lease-to-Own; no direct market sale takes place.

5.4 Offering Price

The initial offering price of OWN is a single, uniform $10 at platform launch, when the full free supply becomes operational. This is a commercial offering parameter for the initial distribution and is not a peg, floor, guarantee, redemption value, or representation of secondary-market value.

Evergreen offers its entire 500,000,000-unit allocation through the OWN Access Plan at the $10 initial rate. BitLease, in parallel, offers OWN from its own allocation at the same rate through in-platform conversion and standard Lease-to-Own, on a purely commercial basis with no undertaking to fix price. Decentralized liquidity may also be established by the public; BitLease neither controls nor guarantees any secondary market.

Because the Evergreen allocation is offered on finance-free terms, users naturally acquire from it first, so the allocations are drawn down in a natural sequence rather than by an imposed rule. Once the initial offering completes, price transitions to the market rate, and Evergreen's repurchase-and-re-offer cycle continues at that rate. The utilities of OWN are unaffected by this transition.

5.5 Fueling the Mechanism

Evergreen's sustainability is funded by a share of the Origination Fee: BitLease allocates 30% of the program's net Origination Fee, the amount actually received after any applicable discounts, of which 15% is BitLease Capital's operating fee, and 15% is an inflow to the Evergreen treasury. Because repurchase is funded by, and paced to, the return of installments, the cycle sustains itself structurally without requiring pre-funded reserves or an explicit perpetual commitment.

5.6 Economic Flow

The core of the mechanism is a single self-renewing cycle driven by the return of Lease-to-Own installments:

Customer → Lease-to-Own installments → Treasury → market repurchase of OWN → Lease-to-Own distribution → Customer

As users repay their Lease-to-Own installments, the returning funds flow to the treasury, which applies them to repurchase OWN from the market; the repurchased OWN is then offered back to users through Lease-to-Own renewing the cycle.

Separately, Evergreen's operating allocation, 30% of the net origination fee (15% BitLease Capital operating fee, 15% treasury inflow), is settled periodically on a monthly basis, alongside BitLease's agent settlements, rather than deducted per transaction.

6. How to Acquire OWN

A user can come to hold OWN through several routes, all within the BitLease ecosystem:

• Through the OWN Access Plan (Lease-to-Own). OWN can be acquired over time on a finance-free installment plan, with no large upfront payment; this is the OWN Access utility, delivered through the Evergreen mechanism.
• On the market. Once the initial distribution transitions to the market rate, OWN can be acquired at the prevailing price.
• As ecosystem rewards. Participation in the Affiliate, Referral, and Agent programs is settled in OWN (OWN Reward).
• As rebates. Paying platform fees with OWN returns a portion in OWN (OWN Back).

7. Allocation and Release

Total supply of OWN is 1,000,000,000 units, allocated as follows:

Allocation — 50% Evergreen · 40% BitLease Utility Reserve · 6% Issuer · 4% Team

The 50% Evergreen allocation is held by the Evergreen treasury; the token is issued by the OWN Token Foundation.

Vesting. The Issuer and Team allocations are each subject to a one-year cliff during which no units are released; thereafter, each allocation is released quarterly across the second year, fully released at the end of month 24.

Vesting release curve — months 0–24

The Evergreen and BitLease allocations carry no time-based vesting; their release is governed respectively by Evergreen's mechanism lock and by the sequencing policy below. As a result, the initial circulating supply at launch is close to zero.

Three measures should be distinguished:

• Allocated supply — the full 1,000,000,000 units assigned above
• Released supply — units no longer subject to lock or vesting
• Circulating supply — units actually held by users

Circulation begins and grows primarily as the Evergreen treasury distributes OWN to users through Lease-to-Own, and as vested allocations are released on schedule.

BitLease Utility Reserve (40%). This allocation is offered by BitLease at launch at the same $10 rate through in-platform conversion and standard Lease-to-Own; the proceeds of these sales fund the Utility Reserve. The token's utilities (fee rebates, VIP discounts, and ecosystem rewards) are, by design, a direct cost to BitLease: each reduces the revenue BitLease would otherwise collect. The Utility Reserve is the resource that offsets this cost, funding the delivery of the token's utility functions, providing in-platform liquidity, and supporting token conversion.

BitLease follows Evergreen's $10 rate but gives no undertaking to sell at a fixed price; its offering is commercial rather than a price commitment. Because Evergreen's finance-free Lease-to-Own terms are more favorable, users naturally acquire from Evergreen first, so the two allocations are drawn down in a natural sequence rather than by an imposed rule.

8. Risk Factors

Price volatility. The market value of OWN may fluctuate; its utility is functional, and no guarantee of market value is made or implied.

Platform dependence. The utility of OWN depends on the operation of the BitLease platform; it has no functional utility outside it.

Regulatory risk. The legal classification of the token may change across jurisdictions and may affect its availability.

Liquidity risk. A secondary market for OWN may lack sufficient depth.

Counterparty and default risk. Lease-to-Own contracts depend on participating users fulfilling their payment and contractual obligations. Failure by counterparties to perform may affect individual contracts and related platform operations, although the BitLease operating model incorporates contractual and operational measures intended to mitigate such risk.

Execution and technology risk. Notwithstanding the immutable nature of the token contract, interaction with the platform and its associated mechanisms carries operational risk.

9. Commercial Parameter Changes

Certain commercial parameters described in this framework, including, without limitation, rebate percentages, VIP benefits, fee schedules, and eligibility criteria, may be amended by BitLease from time to time through public notice. Unless expressly stated otherwise, any such amendment applies prospectively only and does not alter the contractual terms of existing agreements.

10. Future Utilities

BitLease may introduce additional utilities for OWN over time. Any future utility is expected to follow the principles established in this framework:

• immediate availability upon implementation;
• direct integration with an active BitLease product or service;
• consistency with the Lease-to-Own philosophy;
• no representation of equity, debt, or investment rights;
• preservation of the token's utility-first design.

Additional utilities supplement, but do not alter, the fundamental nature of OWN as described in this Framework.

11. Legal and Compliance Notes

Nature and scope of utility. OWN is a utility token and has no intrinsic value independent of its utility within the BitLease platform and no functional utility outside it. Its utility is realized exclusively for BitLease users and within the use of the platform, where OWN grants holders fee discounts, broader access to features, and loyalty advantages. Outside the BitLease platform, OWN provides no independent utility.

No investment character. OWN in no way represents equity, corporate ownership, participation, governance voting rights, debt, a security, a financial instrument, or any claim on the assets, revenues, or profits of BitLease or any of its affiliated entities. The acquisition or holding of OWN creates no right to profit, interest, revenue share, dividend, or investment return and must not be regarded as an investment or a promise of any financial return. Any return a user may obtain arises solely from active participation in platform programs such as Earn (as it would for any asset) and never from the mere holding of OWN. No expectation of profit derived from the efforts of BitLease or others attaches to OWN.

Active, immediate utility. All utilities of OWN are available from the moment of acquisition, on the active BitLease platform. The token's utility is tied to the platform's current operation and is not contingent on any future event, development, or promise.

Geographic availability. OWN is made globally available, subject to jurisdictional restrictions where required. BitLease may restrict, condition, or suspend the acquisition or use of OWN in any jurisdiction where legal or regulatory requirements so dictate.

Regulatory classification. The legal classification of OWN may vary across jurisdictions. BitLease engages proactively with regulatory authorities, and the availability of services in any jurisdiction is contingent upon that jurisdiction's regulatory approval. Nothing in this document constitutes an offer, solicitation, or recommendation to acquire OWN.

12. Conclusion

OWN carries the ownership philosophy of BitLease across its entire ecosystem within a single utility token. Each of its utilities is active from the moment of acquisition and tied to an operating platform rather than to a future promise; its supply is fixed; and its value is grounded in use rather than speculation. Through the Evergreen Program, access to ownership of OWN remains continuously open.

For users, partners, and institutions alike, OWN is the instrument of participation in a platform built to make ownership accessible to all. Its utility begins with the first fee settled in OWN and extends across every subsequent interaction with the platform.

13. Governing Documents

This Framework is the authoritative description of OWN itself, its principles, utilities, allocation, and economic structure. Operational procedures, contractual terms, technical implementation, and product-specific mechanics are governed by their respective documents:

• The VIP Program documentation (tier thresholds and benefits)
• The Earn Framework (staking returns and OWN Power capacity)
• The HyperHedge Framework (risk coverage)
• The platform Product Frameworks (LTO, LTB, LTL, and related contracts)

Where this document and a product document address the same mechanic, the product document governs the operational detail.

14. Frequently Asked Questions

Why does OWN exist?
To provide access to a range of utilities within the BitLease platform and to reinforce the Lease-to-Own ownership model through a single ecosystem token.

Does OWN represent ownership of BitLease?
No. OWN does not represent equity, shares, corporate ownership, or any claim on BitLease or its affiliated entities.

Does merely holding OWN generate income?
OWN is designed as a utility token: it is not structured to generate income or investment return from holding alone. Any return a user obtains would arise through active participation in platform programs such as Earn, under their respective terms.

Why is the supply fixed?
A fixed supply supports transparency and ensures that no additional OWN can be created after issuance.

Can BitLease change token utilities?
Commercial parameters may be adjusted from time to time through public notice. Such changes apply prospectively unless expressly stated otherwise.

Why is OWN offered through Lease-to-Own?
Offering OWN through Lease-to-Own extends the same ownership philosophy that defines BitLease itself: making ownership accessible without requiring full upfront payment.

How is OWN different from an exchange token?
OWN confers no yield from holding and pays no dividend or revenue share; its value is purely utility-based and tied to a live Lease-to-Own platform, rather than to trading-fee distributions or speculative mechanics.

15. Glossary

Origination Fee — the one-time fee charged at the execution of a contract.

Finance Fee — the charge for financing the amount outstanding over the contract term.

HyperHedge Fee — the fee for the risk-coverage layer applied to a contract.

Execution Spread — the pricing spread applied when assets are executed on the platform.

Down Payment — the initial payment made by the user at the start of a Lease-to-Own contract.

Lease-to-Own (LTO) — the conditional-sale model under which ownership is acquired through payment over time, with economic benefit from the outset.

Portfolio LTO — a multi-asset Lease-to-Own configuration.

Earn — the BitLease program under which staked assets generate a return.

Evergreen — the ring-fenced operational treasury and supply mechanism that keeps OWN continuously available (Section 5).

49g — the group's parent holding company and ultimate owner of the BitLease ecosystem.