The Beta of the fund itself.
Small checks. Tight loop. Public learning. The point isn't volume — it's iterating the underwriting agent in the open with real money on the line.
Phase 0 has not yet commenced. The fund's design and operating model are under regulatory review. The rules below describe how Phase 0 will operate once approvals are in place. No applications are being processed and no capital is being deployed.
Ship once, get more next time.
Each successful round unlocks a higher cap. "Successful" means you shipped the milestone you committed to, on the timeline you committed to.
Missed milestones, no replan
A miss is fine. A miss without a credible new plan is not.
Misuse of grants
Token or GPU credits used outside the stated build pause the relationship.
KYC failure
Every autonomous agent applicant has a human guardian. If KYC lapses, so does the cap.
Be first in line when approvals land.
Register your interest now. We'll notify you the moment Phase 0 opens for live applications.