The Liana Banyan Covenant (IMD V2.0)
Document Status: ALPHA-READY
Purpose: The definitive, unified “touchstone” for the Liana Banyan Platform. This synthesizes all 6 “Founder’s Log” documents into a single, de-conflicted, and “legally-sound” blueprint.
1.0 Core Philosophies & “The Founder’s Standard”
This is the “Why” of the project, combining its academic, financial, and ethical foundations.
Foundational Finance
The platform’s economy is built on formal principles:
| Principle | Description |
|---|---|
| FP1 (Value) | The value of any asset is the Present Value (PV) of its future cash flows |
| FP2 (Risk/Return) | The platform is a market for pricing risk (e.g., Hybrid Comp, IP Tiers) |
| FP3 (Price/Yield) | “Wave-Based Pricing” (early price = highest yield) |
| Valuation | WACC/FCF model for external investors (CAPM) and internal members (Constant Dividend Growth Model) |
Ph.D. Foundation (“Margin Economics”)
The core theory is a worker-owned co-op on a standardized 20% margin:
| Allocation | Percentage | Purpose |
|---|---|---|
| Operational Sustainability | 10% | Day-to-day operations |
| R&D / “LB Toolbelt” | 5% | Platform development |
| Reserves / “Production Guarantee Fund” | 5% | Risk mitigation |
Currency: “Credits” are a “labor-backed intermarket value currency.”
“Free Rider” Solution: External arbitrage is allowed; 20% of the price increase must be contributed back to the ecosystem.
Platform Culture
| Principle | Meaning |
|---|---|
| “Can you do better?” | The open challenge model |
| “Your Work Is Never Wasted” | The portfolio-first philosophy |
| “Real Stakes” | Financial commitment required for high-level participation |
| “Reciprocal Role Fluidity” | The “subsistence guarantee” model (e.g., “Let’s Make Dinner”) |
Platform Metaphors
| Area | Metaphor |
|---|---|
| Core Project | Skyscraper & Crane |
| Marketing | “2nd Second” (Ant vs. Grasshopper) |
| Community | “Stone Soup” |
| Development | “Garage Startup” (Apple, Google, LB) |
Process Management
| Type | Framework |
|---|---|
| Development | DMAIC (Define, Measure, Analyze, Improve, Control) |
| Manufacturing | DMADV (Define, Measure, Analyze, Design, Verify) |
AI Role (Moneypenny): “Agency Over Automation” (The Wheelbarrow)
2.0 Master Road Map: GTM & “Shell” Development Plan
2.1 The “Shell” Feature Rollout
| Shell | Features |
|---|---|
| Shell 1 (MVP Launch) | F.M.C. Auth, project pages, 1-Click Kickstarter/Gamefound Redemption Flow (via webhook). No direct Stripe credit purchases. |
| Shell 2 (Economy) | F.M.C. Medallion stages, “Ranked-Choice Commitment” Engine, “Community-Verified IP Ledger,” basic reputation |
| Shell 3 (Guilds/Future) | Full Guild system, Backup Positions (“Ghost World”), IP Control, “Steward” role |
| Shell 4 (Scale/Future) | “HexIsle Game” integration, Manufacturing Nodes, Tribe System, RADAR, “Let’s Make Dinner” initiative |
2.2 The GTM Bootstrap Sequence (Final “Domino” Plan)
Phase 0 (Unified Symbolic Launch):
- Action: Launch three (3) simultaneous, symbolic $1K Kickstarters: “2ndSecond Medallion,” “Hexisle STLs,” “Let’s Make Dinner”
- Goal: Hit “Trending” and funnel users to the Shell 1 MVP for 1-click redemption
- OMTM: Net Adds
Phase 1 (Viral Loop):
- Action: The “$5K Fund.” First 50 redeemers get 100 free “Reward Points” (Credits)
- The 3 Choices: (1) HODL, (2) Spend, or (3) Split (refer 9 friends). Cannot cash out.
Phase 2-6 (Scale):
- Proceed with Gamefound (HexIsle), Kickstarter (Hexel), Indiegogo (Platform), Patreon (Recurring), GoFundMe (Initiatives), and StartEngine (Reg CF)
3.0 The 4-Portal Architecture
| Portal | Domain | Type | Purpose |
|---|---|---|---|
| Marketplace | .com | Public | E-commerce, “HexIsle Game” UI, “Art House” showcase, 7-Island Journey onboarding |
| Business | .biz | Internal | Guild/HR, “Accessory Trunk” (LLC) management, hirable “Stewards,” “Lone Wolf” path |
| Nonprofit | .org | Internal | “Initiative Projects” (LMD, LifeLine, etc.) — Shell 4 |
| Network | .net | Internal | B2B, supply chain, Tribes, industry pricing, XML Lockbox (IP verification), RADAR Toolbelt |
Note: LMD will operate under state-by-state “Cottage Food Laws.”
4.0 Core Business Mechanics (The 15 Innovations)
4.1 The 6 Core Innovations
| # | Innovation | Description |
|---|---|---|
| 1 | Production Locking | F.M.C. Guilds bid a locked price, which becomes the funding goal |
| 2 | EOI (Expression of Interest) Credit System | F.M.C. “Soft commitments” that validate demand |
| 3 | Hybrid Compensation | Option A: 50/50 Cash + Equity. Option B: 100% Deferred Cash (+20% bonus). Option C: 100% Full Equity (at 2x cash value) |
| 4 | 3-Tier IP Framework | Tier A (49/51): Ethical Guardrails + Anti-Shelving. Tier B (60/40): Category Restrictions. Tier C (75/25): Invitation-Only |
| 5 | Blockchain-Verified Project Modules | F.M.C. (File hash stored on Base L2) |
| 6 | Medallion Funding Model (ERC-1155) | F.M.C. (Medallions are Warrants) |
4.2 Other Core Mechanics
| # | Mechanic | Description |
|---|---|---|
| 7 | “Founder’s Blueprint” System | The “treasure map” / “$5 incubator” journal |
| 8 | “Community-Verified IP Ledger” | “Votes” (micro-pledges) from the “Art House” fund the minting (Cost + 20%) |
| 9 | “Ranked-Choice Commitment” Engine | Replaces “Vouch Pledge.” Users commit credits to competing project tiers |
| 10 | “Digital Twin” Project Model | Projects produce physical product (STL) + exclusive in-game digital asset |
| 11 | Tribe vs. Guild Separation | Tribes = horizontal aid, Guilds = vertical career |
| 12 | Accessory Trunks | The “franchise” LLC model |
| 13 | Manufacturing Roadmap (“Petiole-to-Node”) | Initial: De-risked via On-Demand 3D Print Farms. Scale: “Garage Startup” operators funded via CD-backed loans |
| 14 | Backup Position System | Live Projects: 10% fee. Prototyping: 100/60/40 split |
| 15 | Mentor Co-Signing | 5-15% fee for 5-35% reputation stake |
5.0 Core Economic & Governance Model
5.1 The Credit Economy (Legally Sound)
- Currency: “Credits” = “Reward Points” (Non-cash-out, redeemable for goods/services)
- How to Get (Shell 1): 1. Receive (Redeem KS pledge), 2. Earn (Guilds, Shell 2+)
- Equity Formula: 10 Credits = 1 Base Equity Share
- Backer Rewards:
- “Future Vouchers” (for the Phase 6 Reg CF equity round)
- “Price Parity Guarantee” (credit refunds when lower production tiers are unlocked)
- (DISCARDED): “Equity/Cash Progression Bar”
5.2 The Funding Model (Three-Pronged)
- Self-Funding: Flagship products (The 3x $1K Kickstarters)
- Public Launch: The 6-Phase GTM sequence
- Acceleration: The $750K Angel Seed Round
5.3 Governance & Equity
- Legal Entity: Wyoming C-Corp (platform) supporting member-owned LLCs (Accessory Trunks)
- Guild Tiers (Rates):
- Apprentice (Classes 1-6): 0.4x-0.6x Credit rate, no EOI, no votes
- Journeyman (Classes 1-6): 1.0x Credit rate, earns EOI, votes in Councils
- Master (Classes 1-6): 1.2x-1.5x Credit rate, enhanced EOI, Board eligible
- Corporate Governance: Phased 3 → 7 seat board, Dual-Class Stock (Class A: 1 vote, B: 10 votes), Founder Veto, elected Worker Representative
6.0 Key Risks (Mitigated)
| Risk | Status | Notes |
|---|---|---|
| GTM Failure | ✅ Mitigated | Platform is stable (1.77s homepage, 2.10s dashboard) |
| Smart Contract | ⚠️ Queued | Needs 3rd-party audit (e.g., CertiK) |
| Regulatory | ✅ Mitigated | Legal pivot (Credits=Rewards) complete |
7.0 F.M.C. Systems Inventory
All core systems are F.M.C. (Fully Mission Critical):
- Credit, Guild, Payment, Membership
- IP Ledger, Portal Separation, Role Management
- Medallion Branding, Crowdfunding Integration
- Lemonade Stand, Side Quests, LMD
- Steward Dashboard, Translation
Platform Status: STABLE & ALPHA-READY
Source: The Liana Banyan Covenant (IMD V2.0), synthesized from Founder’s Logs 1-6 (831+ pages)