Fractal Logo

Tokenization infrastructure for African real assets. Issuers, investors, and operators on one shared operational layer.

Platform

HomeOfferingsDocumentationAPI ReferenceIssuer PortalInvestor Portal

Legal

Privacy PolicyTerms of ServiceCookie Policy

© 2026 Fractal. All rights reserved.

Investments involve risk. Past performance is not indicative of future results. Not financial advice.

Fractal Logo
DocsSign upLogin
DocsSign upLogin

Docs Navigation

Current: Key Concepts

Open all sections

Overview

IntroductionHow Fractal WorksPlatform LifecycleKey Concepts

Getting Started

For IssuersFor InvestorsFor OperatorsFor ProfessionalsFor Admins

Role Guides

Issuer GuideInvestor GuideOperator GuideProfessional GuideAdmin Guide

Compliance & Trust

Compliance ModelBlockchain & Contracts

Developer Reference

API OverviewAuthenticationEndpointsWebhooksSmart ContractsError Codes

More

GlossaryFAQ

Documentation

Overview

IntroductionHow Fractal WorksPlatform LifecycleKey Concepts

Getting Started

For IssuersFor InvestorsFor OperatorsFor ProfessionalsFor Admins

Role Guides

Issuer GuideInvestor GuideOperator GuideProfessional GuideAdmin Guide

Compliance & Trust

Compliance ModelBlockchain & Contracts

Developer Reference

API OverviewAuthenticationEndpointsWebhooksSmart ContractsError Codes

More

GlossaryFAQ

Home / Documentation / Key Concepts

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

StateDescription
draftCreated but not submitted
submittedSent for review
in_reviewOperator actively reviewing
needs_infoMore information requested
approvedCleared for offering creation
rejectedDeclined and halted

Offering States

StateDescription
draftConfigured but not published
pending_reviewAwaiting operator approval
openLive for subscriptions
pausedTemporarily suspended
closedSubscription period ended
cancelledPermanently cancelled

Subscription States

StateDescription
committedIntent registered
payment_pendingAwaiting payment confirmation
paidPayment received
allocation_confirmedTokens allocated
cancelledCancelled by investor
refundedPayment returned

Distribution States

StateDescription
draftBeing configured
pending_approvalSubmitted for review
approvedCleared for processing
scheduledPayment scheduled
paidDisbursed to investors
reversedPayment reversed

Work Order States

StateDescription
assignedDispatched to professional
acceptedProfessional accepted
submittedDeliverables submitted
approvedOperator approved
revision_requestedChanges requested