USE OF FUNDS

Use Of Funds

Asset-class-neutral liquidity and distribution rail for tokenized real-world assets.

The US$2M plan should read as disciplined, milestone-gated and realistic for a pre-seed de-risking round.

Planned structure: BVI project base and SAFE with a 20% discount. Cayman Islands token structure and token warrant. UAE is the initial market for buyers and sellers. Detailed legal structuring is planned with counsel after pre-seed funding. No signed pilot or institutional contracts as of 23 September 2026. Forecasts and prototype records are illustrative.

Round and Model

US$2M proposed pre-seed, SAFE (BVI), 20% discount + token warrant (Cayman Islands), subject to definitive documents; minimum ticket US$250k. The selected base now uses monthly activation and collection timing. No contracts or pilot revenue are presented as secured.

Metric	Year 1	Year 2	Year 3
Planning revenue	US$81,300	US$333,200	US$833,630
Year-end institutional accounts	2	4	8
Base module revenue	US$0	US$0	US$0
Token proceeds	US$0	US$0	US$0

Timing and Scenarios

Base institutions activate in months 7 and 10. Standalone SaaS builds as a separate cohort. Receipts lag revenue by one month in base and three in downside. Downside delays activation six months, raises deployment cost 10%, reduces SaaS acquisition and includes a 5% collection-loss allowance. All assumptions are editable and unvalidated.

Budget and Cash

The proposed allocation remains US$2M: technology US$650k; founder US$168k; administration US$240k; legal US$150k; token US$125k; MM readiness US$250k; infrastructure US$120k; market development US$100k; events US$50k; reserve US$147k. Token/MM gate months default to zero: those allocations remain in cash until approved. Legal spend now covers both years within the same envelope. Full-tech is separately selectable.

Limits

Cash is explicitly pre-tax until tax and other obligations are quantified. Zero in the allowance is an unconfirmed placeholder, not a finding of no liability. Incremental cost ratios are provisional and exclude fixed infrastructure. No deposit recovery, token appreciation or follow-on financing is assumed. Year 3 is an unfunded scaling hypothesis and must not justify delaying a financing decision.

Conditional Allocation

US$125k token and US$250k MM readiness are reserved ceilings, not automatic deployment. No speculative token inventory, recoverable MM principal or guaranteed market depth is modeled. A different use requires approval, classification and an updated model.

English is the governing text. New amendments may remain in English in localized views. Updated 23 September 2026.