# Fundraising Process

## **Fundraising Process for RWA Single Asset Offering**

*End-to-End Workflow for Tokenized Real-World Asset Investment*

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### **Pre-Launch Preparation**

* **Asset Selection & Due Diligence**
  * Identify and vet the RWA (e.g., real estate, private loan, infrastructure project).
  * Conduct legal, financial, and technical audits (e.g., property appraisal, borrower credit checks).
  * Define asset-specific terms: APY, maturity period (e.g., 60–96 months).
* **Legal Structuring**
  * Draft investment agreements, prospectus, and regulatory filings compliant with local securities laws.
  * Establish an SPV (Special Purpose Vehicle) or trust to hold the RWA, ensuring bankruptcy remoteness.
* **Tokenization & Smart Contract Development**
  * Mint SPL tokens on Solana representing fractional ownership.
  * Build on-chain programs for subscription, yield accrual, and redemption.
  * Conduct third-party smart contract audits.

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### **Investor Onboarding**

* **KYC/AML Compliance**
  * Verify investor identities via regulated providers (e.g., Chainalysis, Sumsub).
  * Restrict participation to eligible jurisdictions.
* **Whitelisting**
  * Open a whitelist for early-bird investors (optional).

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### **Subscription Period**

* **Process**:
  * Investors deposit stablecoins (e.g., USDC) into a designated Solana program address.
  * SPL tokens are minted 1:1 against deposits (e.g., 1 token = $1 NAV).
  * Tokens are locked until maturity; no secondary trading permitted.
* **Hard Cap**:
  * Set a maximum fundraising target (e.g., $5M). Oversubscribed allocations are prorated.

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### **Fund Deployment & Asset Activation**

* **Asset Acquisition**
  * Transfer funds to purchase/activate the RWA (e.g., close on a property, disburse a loan).
  * Update on-chain registry with ownership details.
* **Escrow & Custody**
  * Use institutional custodians for digital assets.
  * Record liens or collateralization on-chain for loans.

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### **Active Management & Yield Distribution**

* **Income Collection**
  * Automate rent, interest, or dividend payments into a Solana treasury.
  * Convert non-stablecoin income to USDC.
* **Yield Distribution**
  * Distribute yields monthly/quarterly via smart contract-triggered USDC transfers.

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### **Maturity & Redemption**

* **Pre-Maturity Preparation**
  * Notify investors 30 days before maturity via email/dashboard alerts.
  * Begin asset liquidation (if required) to ensure liquidity.
* **Redemption Process**
  * Investors burn SPL tokens to redeem principal + final yield in USDC within 14 days.
  * Dissolve SPV/trust post-redemption.

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### **Post-Maturity Actions**

**Objective**: Conclude the offering and manage post-investment obligations.

* **Asset Liquidation** (if applicable):
  * Sell the RWA via auctions or private sales; distribute proceeds pro-rata.

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**Disclaimer**: *Investing involves risk, including potential loss of principal. This product is not FDIC-insured. Past performance does not guarantee future results. Consult a financial advisor before investing.*