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Holdings OS · public look-through

dao5

dao5 teaching case. Aggregator raise tables are not this vehicle's check. No treasury address mounted. Not NAV.

Publisher as-of · FACT Live print · overlay On-chain treasury · FACT BDC marks · quarterly Top lines ≠ NAV Not a live cap table

On-chain venture DAO · FACT address

dao5

Teaching case. Early-stage crypto VC evolving toward a DAO. Aggregator raise tables list names and round sizes — round size is not this vehicle's check. No treasury address mounted. Not NAV.

0 named token lines. Overlay is not fund NAV. All channels.

Value first — read it before you sign anything

The venture-DAO sample book (real vehicles with treasuries and voting) plus the seven listed channels and the sanctions/financial regs explorers — free, before any ask.

A DAO treasury: governance token lots, a stablecoin sleeve, two SAFTs, a wrapper LLC, and delegated votes. The chain proves the tokens; the book holds what the chain cannot — the wrapper, the vesting schedule, the sanctions posture, and who may vote what.

Listing comps are as-of; a 40% draw is a mark, not a NAV restatement. Unmarked SAFTs block the total.

The chain is the record — why duplicate it?

The chain records tokens. It does not record the wrapper LLC, the vesting side letters, the sanctions screen, or which human may sign. The book holds the ownership stack around the chain. See it live

Are you custodying keys?

No. Not a custodian — the book is the record; keys and tokens stay where they are. See it live

Regulation is chaos across jurisdictions.

The financial and sanctions explorers cite the corpus per jurisdiction and label gaps honestly instead of pretending coverage. See it live

Token marks swing too hard for a 'book'.

Exactly why prints are overlays and comps stay as-of. The book refuses to restate NAV off a volatile residual — the same refusal the fund tape makes. See it live

A tracker prices your wallet. The book holds the ownership stack around it — wrapper, vesting, votes — with the regulatory corpus underneath.

Read the listed book — $0

No card for the $0 book. Counts are measured; rates are never invented.

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