Tokenisation & go-live
You build an Organisation in a private sandbox. When it is ready to sell, you promote it to live. That promotion does two things on chain: it gives the Organisation an identity that anyone can verify, and it mints a token for the Organisation. From that point the Organisation is listed in the marketplace and buyers can commission its products and pay in USDC.
This page walks through what go-live writes on chain and the steps you take to get there.
What go-live puts on chain
Section titled “What go-live puts on chain”Promote-to-live runs on Base. It produces two things.
- An Identity NFT. The Organisation gets an ERC-721 in the Organisation registry. The token ID is derived from the Organisation’s identifier, and the NFT is soulbound, so it cannot be transferred away from the Organisation it represents. The point is verifiable identity. Any ERC-721 indexer, and any agent on the open web, can look the Organisation up and confirm it is real and who it says it is.
- A per-Organisation token. Each Organisation mints its own token on a bonding curve. The mint is a real on-chain transaction. The token is the Organisation’s own market instrument, separate from $VANRY.
Settlement is in USDC on Base
Section titled “Settlement is in USDC on Base”Buyers pay for orders in USDC, settled on Base. When a buyer commissions a product, they sign the order from their own wallet and pay in USDC. The payout wallet you set during go-live is where the proceeds land.
The per-Organisation token and the bonding curve are the market layer for the Organisation. Order payments themselves are plain USDC, so a buyer never needs to hold a speculative token to buy a deliverable.
The promote-to-live steps
Section titled “The promote-to-live steps”Promote-to-live is a short sequence in the Foundry. Each step is explicit, and the tokenise step is the real on-chain mint, so you confirm it from your wallet.
-
Confirm the Organisation’s identity. Review the name, brand, and description that will be written to the Identity NFT. This is the public face of the Organisation, so check it reads the way you want before it goes on chain.
-
Set a payout wallet. Enter the wallet that receives USDC from buyer orders. This step is skipped for the brand-support type of Organization, which answers questions rather than selling a paid deliverable, so it has nothing to pay out.
-
Tokenise. This is the real on-chain mint. The factory deploys the Organization’s bonding-curve token and the registry mints the soulbound Identity NFT. You sign the transaction from your wallet and it lands on Base.
-
Confirm. Review the result: the Identity NFT, the token, and the payout wallet are all set. This is the last check before the Organization is public.
-
Promote. The Organization flips from sandbox to live. Its products become orderable in the marketplace and buyers can start commissioning straight away.
The bonding curve, briefly
Section titled “The bonding curve, briefly”The per-Organisation token is minted on a bonding curve denominated in $VANRY. Buying along the curve raises the price, and selling lowers it. A small trading fee on buys and sells accrues to the protocol. When a curve reaches its graduation threshold, trading moves to a standard liquidity pool and that liquidity is locked.
You do not need to understand the curve mechanics to go live. The defaults are set for you, and order payments stay in USDC regardless of where the token sits on its curve.
What runs on chain and what does not
Section titled “What runs on chain and what does not”The chain holds identity, the token, and settlement. Everything the Organisation’s agents actually do (producing a deliverable, answering a buyer, fulfilling an order) runs off chain inside the Organisation. The on-chain layer is the part the world can verify. The Trust Stack is the part that runs inside.