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D-Day

D-Day

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READ ME

D‑Day is building the Internet Capital Markets (ICM) platform that finally lets anyone own stakes in tomorrow’s category‑defining startups before Wall Street shows up. We curate high‑impact ventures, ignite global buzz with a freely tradable utility token on Solana, then let committed holders burn those tokens for access to a fully compliant equity round housed in a Delaware Series‑LLC SPV. Investors receive on‑chain security tokens (Token‑2022) that represent real LP units, while founders gain capital, community feedback, and 24/7 market validation at internet speed. Think of it as “Kickstarter meets NASDAQ—on-chain, compliant, and always open.” The result: startups secure aligned, distribution‑ready believers; investors capture upside traditionally reserved for elite VCs; and every transaction is transparent, programmable, and enforceable in code.

🔗 Quick Links

Purpose
Link

🌐 Official Website

https://d-day.ai/

🐦 Twitter / X

https://x.com/Official_DDay

💬 Discord Community

https://discord.gg/dday

🛠️ Help Desk / Support Email

[email protected]

How We Select Startups: The DeepView Process

At D-Day, we focus exclusively on high-quality, AI-driven startups with real-world potential. To ensure every startup meets our standards for technical credibility, market opportunity, and investment potential, we use our proprietary DeepView vetting process.

DeepView at a Glance:

  1. Initial Screening Quick review of the startup’s core AI idea, market size, and founder background. "Does this solve a meaningful problem?"

SPV 101

“The Deal‑Container” Behind Every D‑Day Investment

1. What Is an SPV?

A Special Purpose Vehicle (SPV) is a one‑off legal entity—usually an LLC—created solely to hold a single investment. Think of it as a “deal container.” Everything that goes into the container (cash, startup shares) and everything that comes out of it (proceeds at IPO) is isolated from other deals and from D‑Day’s operating company.

Why It Matters
Plain‑English Benefit

AI Technology & IP Check We verify technical feasibility, originality, AI model performance, data quality, and intellectual property ownership. "Is the AI technology robust, original, and defensible?"

  • Market & Competitive Analysis Thorough assessment of total market opportunity, growth potential, competitive landscape, and scalability. "Can this startup realistically dominate or significantly disrupt its market?"

  • Founder & Team Vetting Evaluation of the founders’ vision, past execution record, leadership qualities, and commitment to the project’s success. "Does the team have the talent, track record, and grit to succeed?"

  • Business Model & Investment Potential Review of the startup’s revenue strategy, commercial roadmap, profit margins, financial health, and exit opportunities. "Is there a clear, viable path to generating returns for investors?"

  • Final Committee Approval A streamlined internal vote ensures all criteria are confidently met.

  • DeepView Scorecard:

    Criteria
    Points

    AI Technology & Innovation

    25

    Market Size & Growth Potential

    25

    Team & Leadership

    20

    Business Model & Revenue Strategy

    15

    Investment & ROI Potential

    15

    Total

    100

    (Only startups scoring 80 points or higher advance.)

    Why DeepView Matters:

    • Quality Assurance: Only genuine AI innovation with real market impact.

    • Risk Mitigation: Rigorous checks protect investors from hype and overvaluation.

    • Transparency: Clear scoring, straightforward communication, and detailed insights for our community.

    DeepView ensures we deliver only the most credible, innovative, and impactful AI startups, every single time.

    Simple cap table for founders

    The SPV appears as one shareholder instead of hundreds of small investors.

    Transparent ownership for investors

    Your equity stake is crystal‑clear: you own LP units in the SPV, and the SPV owns shares in the startup—no hidden layers.

    Regulatory fit

    U.S. securities rules are designed around SPVs; audits, K‑1s, blue‑sky filings all have a home.

    At D‑Day we form a Series‑LLC in Delaware. The master LLC (the “umbrella”) spawns a new internal Series for every startup—effectively creating a fresh SPV each time without a full reincorporation.


    2. Investor Journey — Step by Step

    Below is the end‑to‑end path, separated into non‑U.S. investors (Reg S) and U.S. angel‐club investors (Reg D §506 b “white‑glove”) so you can see exactly what happens in either case.

    A. All Investors — Preliminaries

    1. Read the Deal Memo in GitBook → understand thesis, terms, and soft / hard caps.

    2. Wallet Setup – Any Solana‑compatible wallet (e.g., Phantom, Backpack) will work. This wallet will later receive your security tokens.


    B. Non‑U.S. Investors (Reg S)

    Stage
    What You Do
    What Happens in the Background

    1. Acquire Utility Tokens

    Buy on a Solana DEX (Raydium, Meteora).

    Price discovery begins; on‑chain volume gauges market demand.

    2. Burn for Access

    Use the Burn dApp to destroy a preset amount of tokens → get a one‑time “burn receipt.”

    Smart contract records wallet as eligible for equity round.

    3. KYC & Sign Docs

    Upload passport, pass sanctions check, e‑sign Subscription Agreement.

    Compliance oracle marks wallet KYC‑passed.

    4. Fund the SPV

    Send USDC to the offshore escrow wallet.


    C. U.S. Angel‑Club Investors (Reg D §506 b)

    Stage
    Club’s Role
    D‑Day “White‑Glove” Actions

    1. Private Invitation

    Club receives deal deck via existing relationship (no public marketing).

    —

    2. Accreditation Letter

    Club collects CPA/attorney letters for each participating member.

    —

    3. Subscription Packet

    Club signs master Subscription Agreement on behalf of members.

    Validate club accreditation; create investor ledger.

    4. Funding

    Club wires a single USDC tranche to the broker‑dealer escrow wallet.


    TL;DR

    An SPV is your single‑deal holding tank. You invest into it once, receive a security token that can’t wander off until exit, and—when the startup wins—you get paid out automatically on‑chain. Everything else (token burns, legal filings, KYC, cap‑table headaches) is handled behind the scenes so you can focus on tracking the company, not chasing paperwork.

    Funds batched; escrow remits to SPV bank acct.

    5. Receive Security Tokens

    Token‑2022 LP units appear in your wallet—1 token = 1 LP unit.

    Mint transaction logged on‑chain; transfer lock timer starts (12 mo. into U.S.).

    6. Monitor & Wait

    Track startup KPIs in the D‑Day dashboard; tokens stay non‑transferable.

    Quarterly updates; audited financials uploaded annually.

    7. Exit Event

    IPO or SPV sale triggers cash/stocks flowing into the SPV.

    Smart contract burns your security tokens and streams your share of proceeds (USDC) straight to your wallet.

    Burn required utility tokens on club’s behalf to satisfy “ticket” rule.

    5. Token Delivery

    Club designates a Solana wallet (custodian or internal multisig).

    Mint & transfer the aggregate LP security tokens to that wallet.

    6. Reporting

    Club receives quarterly statements + K‑1 equivalents; can forward to members.

    File Form D within 15 days; maintain blue‑sky compliance.

    7. Exit Distribution

    Club’s wallet auto‑receives USDC / public shares; club disburses internally.

    Smart contract burns security tokens; records on‑chain proof of payout.

    Overview

    🎯 Mission & Vision — Why D‑Day Exists

    Mission: Create an open, programmable capital market that lets visionary startups raise money and build global communities at internet speed—while giving everyday investors fair, compliant access to returns that used to be locked inside elite VC circles.

    Vision: A world where the next SpaceX‑level company isn’t financed by a handful of insiders but by tens of thousands of aligned believers whose ownership and upside is recorded transparently on‑chain. D‑Day will be the default launch ramp for breakthrough technology, unbundling Wall Street so innovation and wealth creation become truly borderless.


    🛠️ ICM‑Primer — Internet Capital Markets in Plain English

    1. 24/7 Markets – Assets trade and settle any hour, any day, because the “exchange” is public blockchain code, not a physical venue with a closing bell.

    2. Programmable Compliance – Transfer rules (KYC, holding periods, jurisdictional blocks) are baked into the token itself; no paperwork ping‑pong.

    3. One Wallet, Global Assets – A single crypto wallet can hold equities, bonds, real estate shares, even money‑market funds—instantly swappable or postable as collateral.

    Think of ICM as “the internet’s version of a stock market,” where code replaces paperwork and geography no longer blocks participation.


    🚧 Problem Statement: Capital Bottlenecks for Startups & Investors

    Pain Point
    Startups
    Regular Investors

    Result: Breakthrough companies waste months chasing capital, while 99 % of potential investors watch from the sidelines until it’s too late.


    ⚡ Solution: The Token‑Swap Equity Bridge

    1. Curate — D‑Day vets deep‑tech startups for IP strength, scalability, and founder credibility.

    2. Ignite — Each startup launches a utility token on Solana → instant community, 24/7 price signal, viral reach.

    3. Gate — Holders burn tokens to secure a “ticket” into the equity round; only the committed proceed.

    Net effect: Startups raise capital and community simultaneously; investors capture early‑stage equity with compliance baked in; every step is tracked on a public ledger, creating the first true Internet Capital Market for private tech.

    Instant Ownership Proof
    – Every share transfer is time‑stamped on‑chain; no waiting for a transfer agent’s PDF.
  • Lower Friction, Lower Fees – Smart contracts replace layers of brokers, registrars, and lawyers, compressing cost and time for both issuers and investors.

  • Fund
    — Accredited (Reg D 506(b)) & offshore (Reg S) investors wire USDC into a
    Series‑LLC SPV
    ; receive non‑tradable
    security tokens (Token‑2022)
    that represent LP units.
  • Distribute — Upon IPO or buy‑out, exit proceeds flow back on‑chain to security‑token holders.

  • Gate‑kept Funding

    Need warm VC intros; 6‑ to 12‑month rounds.

    Can’t enter until IPO; upside mostly gone.

    Slow Market Feedback

    Price discovery via infrequent, private valuations.

    Little transparency; rely on press leaks & quarterly letters.

    Global Misalignment

    Talent is worldwide but capital is local.

    Opportunities fragmented by geography & regulation.

    Legal & Compliance

    🏗️ SPV Architecture

    Delaware Series‑LLC Structure

    Element
    Why It Matters

    Flow of Funds & Cap‑Table Mechanics

    1. Subscription – Investor signs Series‑specific Subscription Agreement & Joinder (DocuSign).

    2. Capital Transfer –

      • U.S. angel clubs (Reg D 506(b)) wire USDC to a designated BD Escrow Wallet operated by a registered broker‑dealer partner.


    🇺🇸 Reg D §506(b) Workflow (“white‑glove” U.S. service)

    Step
    Detail

    🌍 Reg S Workflow (Public, Non‑U.S. Outreach)

    Identical to earlier description—global marketing allowed as long as U.S. persons are geo‑blocked and contractual legends prevent resale into the United States for 12 months. Steps: KYC → Subscription → USDC → Token‑2022 issuance with Category 3 legend enforced on‑chain.


    This documentation is informational and not an offer to sell securities. Any U.S. participation occurs solely through Reg D §506(b) private placements to accredited investors with an existing relationship. Non‑U.S. offerings rely on Reg S. Read the full Private Placement Memorandum before investing.

    Non‑U.S. investors (Reg S)
    send USDC or SWIFT USD to offshore escrow.
  • Equity Purchase – Escrow remits USD to the startup for preferred shares, which are held by the Series SPV.

  • Security‑Token Mint – Token‑2022 LP units minted 1:1 and delivered to the wallet specified in the subscription (for U.S. clubs this can be the club’s custodian wallet).

  • Cap‑Table Sync – On‑chain ledger + off‑chain PDF schedule updated daily.

  • Master LLC

    “D‑Day Capital Series LLC” formed in Delaware; single EIN and master operating agreement.

    Individual Series

    Each deal is ring‑fenced in its own Series.

    Members & Managers

    • Members = LP investors represented by Token‑2022 security tokens. • Managing Member = D‑Day GP entity with fiduciary duty and admin key in multisig.

    1. No General Solicitation

    All U.S. outreach is private: e‑mail lists, Zoom calls, or existing relationships with angel clubs / syndicates. No public posts, ads, or Discord invites targeting U.S. persons.

    2. Investor Eligibility

    Unlimited accredited investors plus ≤ 35 “sophisticated but non‑accredited” (not anticipated). Clubs typically supply accreditation letters for all members.

    3. Verification

    Because §506(b) does not permit public marketing, self‑certification in the Subscription + third‑party accreditation letter is sufficient (less onerous than §506(c)).

    4. Web3 Handling (White‑Glove)

    U.S. clubs often prefer Web2 rails: D‑Day burns the requisite utility tokens on their behalf and mints the security tokens to the club’s Solana wallet. The club never touches the utility token directly, avoiding a potential public offering claim.

    5. Lock‑Ups

    Rule 144 applies: security tokens non‑transferable for 12 months; enforced by Token‑2022 TransferHook.

    6. Reporting

    Form D filed with the SEC within 15 days of first sale; blue‑sky filings handled Series‑by‑Series.