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Key Concepts
Shared definitions and state machine references for platform operations.
Tokenized offering
An offering represented by compliant on-chain tokens and managed through role-based operational controls.
Template A vs Template B
Template A is optimized for rental-yield note structures. Template B supports developer inventory financing workflows.
State machine operations
Applications, offerings, subscriptions, and distributions progress through explicit states to preserve control and auditability.
Evidence-first decisions
Every major approval is tied to documents, comments, and recorded action metadata.
Application States
| State | Description |
|---|---|
draft | Created but not submitted |
submitted | Sent for review |
in_review | Operator actively reviewing |
needs_info | More information requested |
approved | Cleared for offering creation |
rejected | Declined and halted |
Offering States
| State | Description |
|---|---|
draft | Configured but not published |
pending_review | Awaiting operator approval |
open | Live for subscriptions |
paused | Temporarily suspended |
closed | Subscription period ended |
cancelled | Permanently cancelled |
Subscription States
| State | Description |
|---|---|
committed | Intent registered |
payment_pending | Awaiting payment confirmation |
paid | Payment received |
allocation_confirmed | Tokens allocated |
cancelled | Cancelled by investor |
refunded | Payment returned |
Distribution States
| State | Description |
|---|---|
draft | Being configured |
pending_approval | Submitted for review |
approved | Cleared for processing |
scheduled | Payment scheduled |
paid | Disbursed to investors |
reversed | Payment reversed |
Work Order States
| State | Description |
|---|---|
assigned | Dispatched to professional |
accepted | Professional accepted |
submitted | Deliverables submitted |
approved | Operator approved |
revision_requested | Changes requested |

