IP-Backed Equity Exchange — Seed Round 2026
A regulated, on-chain convertible note collateralized by proprietary blockchain IP, paying 6% APR + 2% revenue share from live ESG dApps.
Two broken markets. One structural gap.
Tokenized Convertible Note (TCN) — Not a token. A security.
6% APR coupon, 24-month maturity, automatic conversion to Series A preferred at $40M cap or 20% discount.
Floating charge on SCBFT consensus patent + ISO 20022 module. Registered with Mauritius Registrar of Companies.
2% of gross ESG dApp fees (pro-rata) until conversion. Year 1 illustrative yield: 6.4%.
Mauritius FSC VASP + US Reg S/Reg D. Full KYC/AML. No retail speculation. No DEX listing.
Five live applications. Real revenue. Real impact.
The exchange mechanism, simplified.
| Parameter | Value |
|---|---|
| Instrument | Tokenized Convertible Note (TCN) |
| Principal | $1.00 per TCN (USDC/USDT) |
| Interest | 6% APR, paid quarterly in SCT |
| Revenue Share | 2% of gross ESG dApp fees until conversion |
| Valuation Cap | $40M pre-money (hard cap) |
| Discount | 20% to Series A price |
| Year 1 Yield | 6.4% blended (6% APR + 0.4% rev share) |
| Warrant | SCT at 50% of market price (capped at 10% of principal) |
| TCN % of Equity | 20% (capped at $40M valuation) |
| Anti-Dilution | Full ratchet + pro-rata rights |
Why it works: a dual-jurisdiction framework with no single point of failure.
FSC VASP + Security Token under VAITOS Act 2021. FATF-compliant. English common law. Double-tax treaties with 46 countries. Application submitted Q2 2026.
DAO LLC Act provides legal personality. Reg S safe harbor for offshore issuance. No state income tax. Entity formed.
AfCFTA Secretariat in Accra. SEC sandbox application for local grants and ESG pilots. Draft Q4 2026.
Reg S (offshore, non-US persons). Reg D 506(c) (US accredited only). K&L Gates counsel. No US retail. Form D Q3 2026.
Track record in African tech infrastructure. Prior exits in fintech. Strategy, fundraising, AfCFTA partnerships.
Consensus mechanism researcher. SCBFT architect. 15+ years distributed systems. Core protocol, security audits.
Regulated financial services across 4 African markets. Legal, compliance, regulatory execution, day-to-day operations.
Legal: Appleby / Maples (Mauritius), K&L Gates (US). Regulatory: former FSC and SEC officials. Technical: CertiK.
| Tranche | Amount | Timing | Min | Discount |
|---|---|---|---|---|
| Strategic | $2M | Q3 2026 | $250K | 20% |
| Institutional | $3M | Q4 2026 | $100K | 15% |
| Accredited | $3M–$8M | Q1 2027 | $25K | 10% |
| AfCFTA Grant | $500K | Q4 2026 | N/A | Non-dilutive |
| Total | $8.5M–$13.5M | |||
| Stretch | $15M | Q1 2027 | $25K | Same terms |
Use of funds (at $10M): Engineering 40% · Legal/Regulatory 25% · ESG dApp Grants 20% · Validator Incentives 10% · Reserve 5%
First close: Q3 2026 ($2M strategic target) · Full close: Q1 2027
Daniel Rogers — daniel@synapticchain.com
Kwesi Johnson — kwesi@synapticchain.com
Dr. Shabazz — shabazz@synapticchain.com
Appleby / Maples (Mauritius) — fsc@synapticchain.com
K&L Gates (US) — uscounsel@synapticchain.com