â–ļī¸How it works

Once users have registered an account on Ventures, they can explore funding opportunities via the DApp. Projects or liquid financing opportunities available on the platform are carefully curated, selected, and vetted with intense scrutiny using ukiyo's internal deal sourcing, growth equity frameworks, and best case financial modeling practices.

When users decide to pledge tokens to a project of their choice, their assets are "locked-in" by the Sakura Smart Contract until completion of the funding round. This helps ensure that the project receives the necessary funding to move forward.

Once a project has completed its funding round, Sakura legally binds each user to the project by interacting with the OpenLaw API to create legal contractual agreements on the blockchain. This helps ensure that both projects and users are legally protected.

Step 1: Signup/Register to the platform

Step 2: Pass KYC/AML checks

Step 3: Register as accredited investor

Step 4: Connect wallet

Step 5: Browse proposed projects

Step 6: Pledge whitelisted tokens to projects that you find interesting

Step 7: Sign OpenLaw contracts on the blockchain to legally bind your investments

Step 8: Wait for the completion of project funding

Step 9: Track your investments, news updates, and press releases through user dashboard

Step 10: Receive dividends through Ventures DApp

It's worth noting that venture capital or private equity through DeFi is a relatively new concept, and it's important for users to carefully research and understand the risks involved. While DeFi protocols such as ukiyo Ventures can provide new opportunities for investors, there are also unique risks associated with these investments, such as smart contract vulnerabilities, market volatility, and regulatory uncertainty. It's important for users to carefully evaluate their investment decisions and seek professional advice when necessary.

Administration of each investment (i.e. auditing, legal fees, expenses) are carried out manually by ukiyo whilst other elements are automated through certain smart contracts.

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