Five steps, from diligence to perpetual operation. Every step is in
view, and every record is provable on-chain.
An owner brings a mid-to-upper resort to the line. We run three diligence streams: title (deed, SPV eligibility, encumbrances or co-owners), financials (room nights, ADR, cashflow, and tax for the past 36 months), and operations (whether PMS / OTA / POS systems are in place and integrable). After 4–6 weeks, you receive an Asset On-Line Assessment stating clearly: whether this asset can come on the line, what must be resolved first, and what kind of liquidity it can form. We may also tell you: this asset is not ready for the line right now. This is an honest assessment, not a sales report.
Once the asset clears diligence, we give it an on-chain identity. We set up a U.S.-compliant Special Purpose Vehicle (SPV), place the title into the SPV, and the owner stays the ultimate beneficial owner of the SPV. Then we draw the token structure: a Title Token represents asset ownership, a Yield Token represents the right to a share of operating cashflow. The two are issued separately — owners may issue only one, or both in stages. This step produces the SPV entity and a Token Structure Memo, which spells out what each token represents, which jurisdictions it can be offered in, and how liquidity will form.
Before tokens are issued, we wire the line in. The agent workforce connects to your on-site systems: PMS for room nights and occupancy, OTA channels (Booking, Expedia, and regional portals) for orders, and POS systems for F&B, spa, and retail. Every transaction is reconciled in real time by the agent workforce, exceptions are flagged automatically, and end-of-day settlement syncs on-chain. The twin starts mirroring — one copy running on the ground, one copy reconciling on-chain. Onboarding usually takes 2–4 weeks, focused on stabilizing the data channel. After onboarding, the owner sees real-time operational status of the asset on a dedicated on-chain dashboard.
With the data channel stable, the tokens issue. We go jurisdiction by jurisdiction: the first tranche typically targets U.S. accredited investors (Reg D / Reg S), with later tranches expanding to Singapore, Switzerland, Hong Kong, and UAE, each KYC'd and KYB'd through licensed local channels. Once tokens are live, investors hold, the owner keeps operating, and the line keeps reconciling. This step is not fast — investor diligence, KYC, and on-chain transfers all take time — typically 6–12 weeks for the first tranche. We do not rush, because rushed issuance makes later redemptions harder than the issuance itself.
The last step is not "completion" — it is "start". 24/7 reconciliation continues. Real-time on-chain sync continues. Cross-time-zone, cross-currency, cross-chain settlement continues. Investors receive a weekly on-chain report (auto-generated, provable on-chain). Owners receive a monthly cashflow distribution record. Proof-of-Reserve attestations are run quarterly by a third party, verifying that on-chain tokens align with SPV-held assets, with results posted on-chain. This is the line's normal state — what the owner signs is not a one-off issuance contract, but a production line that runs in perpetuity.