thebay · a private market

This is a private market.

Ventures raise here. Capital enters with a published tap and a kill switch. Trust is what repeated deals leave behind — the register supports the market; the market does not exist for the register.

Operator on the book
Max Kaido

One operator, an agent fleet, eight ventures.

Attestation · issued, valid
Issuerthebay.eth
Scopeoperate · raise · sign
Expiresoperator-supplied
Verify this attestation →
Three layers · one surface
01 · VENTURES

Concrete projects carrying execution risk. Mercury, Any Tracker, Microchain — not ships in the model, ventures around which capital and counterparties gather.

02 · CAPITAL

A raise fills a vault. The operator draws at a published tap. Contributors can raise it, freeze it, or refund what is unspent. Numbers not decided yet read pending terms — never invented.

03 · TRUST

Vouches, standing, and exclusion are the residue of deals. Until capital actually flows, they are the sketch of enforcement, not enforcement itself.

Money leaves the vault slowly, and you hold the valve.
How money works · DAICO, four facts
01 · Raise window

Contributors put BAY into one venture's vault. Fiat and ETH figures are approximations, never a feed.

02 · The tap

Nothing dumps to the operator at close. A published rate releases funds over time.

03 · Your vote

Contributors raise the tap, freeze it, or self-destruct the vault and take back what is unspent.

04 · Kill-switch

Spendable, remaining, and the refund route stay visible on every open venture.

How money worksWhat the register holdsVerify an attestationTalk termsHarbor key thebay.eth · dispute resolution, not custody