we incorporated @splits months after @w and i started working on it. we did, however, raise capital during this pre-incorporation time period. during our recent hack week, we prototyped a tool for making this better. it takes the workflows of a trad incorporation + raise (define cap table, amount raising, valuation, backer allocations, etc) and uses onchain primitives (tokens, bonding curves, programmable refunds, public receipts). it's our first experiment in the "capital formation" space - looking for feedback, questions, pushback. especially if you're a builder considering a friends & family round - please reach out! more info: https://x.com/abram/status/2084689867942908347 video walkthrough (10 mins): https://screen.studio/share/fRfMQds4 prototype app: https://splits-pact.fly.dev/create (unaudited contracts)
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pact.splits.org/llms.txt
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contracts are finalized and repo is public, so recorded an end-to-end demo of PACT: - creating a PACT - purchasing units (as a buyer) - distributing to holders (revenue, airdrop, equity, etc) More info: https://splits.org/docs/experiments/pact/
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