Bitcoin Corporation Development Trust

PURPOSE AND OBJECTIVES

The Bitcoin Corporation Development Trust (BCDT) is established as an irrevocable trust for the purpose of safeguarding and deploying resources for the development of the Bitcoin SV ecosystem.

Primary Objectives:

Establish a neutral, transparent treasury for BSV ecosystem growth
Own and govern The Bitcoin Corporation Ltd and its subsidiaries
Fund development through BSV-denominated contracts
Ensure oversight through independent trustees
Maintain full on-chain transparency for all disbursements
Remove reliance on any single company or individual for ecosystem funding
Establish blockchain-based equity structures for corporate subsidiaries
Enable the Corporation to develop and issue tokens for new initiatives

GOVERNANCE STRUCTURE

Three-Layer Governance Model:

1. The Trust

Hold and safeguard all subscriptions and funds
Own 100% of The Bitcoin Corporation Ltd
Issue and manage equity tokens for corporate subsidiaries
Convert all received funds to BSV
Maintain custody of funds until properly disbursed
Ensure all activities align with the trust deed
Approve new token issuance for Corporation initiatives

2. The Corporation

Execute approved projects under operational management
Issue contracts to developers and service providers
Make payments in BSV according to approved budgets
Report all activities to the Trustees
Maintain operational independence while ensuring compliance
Manage subsidiary operations across all applications
Propose new token issuance for ecosystem development

3. Board of Trustees

Comprise independent members with relevant expertise
Ensure funds are used appropriately
Approve or reject funding requests
Enforce compliance with the trust deed
Publish annual reports on Trust activities
Execute threshold signatures for Trust decisions
Oversee equity token issuance and management

THRESHOLD SIGNATURE GOVERNANCE

Trust decisions are executed through multi-signature Bitcoin addresses with different approval thresholds:

Decision Type	Threshold	Examples
Routine Operations	60%	Budget approvals under 100 BSV, minor token distributions
Major Decisions	80%	Budget over 100 BSV, strategic partnerships, subsidiary creation
Constitutional Changes	100%	Trust deed amendments, major token distributions

BLOCKCHAIN-BASED EQUITY FRAMEWORK

The Trust implements a comprehensive equity token system representing ownership in The Bitcoin Corporation and its subsidiaries:

Core Equity Tokens:

Token Symbol	Entity/Division	Initial Supply	Trust Ownership
$bCorp	The Bitcoin Corporation Ltd (Parent)	1,000,000,000	100%
$bOS	Bitcoin Operating System	1,000,000,000	100%
$bApps	Bitcoin Applications	1,000,000,000	100%
$bOffice	Bitcoin Office Suite	1,000,000,000	100%
$bEx	Bitcoin Exchange	1,000,000,000	100%
$bWallet	Bitcoin Wallet	1,000,000,000	100%
$bWriter	Bitcoin Writer	1,000,000,000	100%

            Legal Framework:
            All equity tokens issued on the BSV blockchain
Each token represents legal equity ownership in respective subsidiary
Token holders have proportional voting rights and profit-sharing
Token ownership records on blockchain are authoritative
Tokens may be traded subject to securities law compliance

        

PROPOSED APPLICATION ECOSYSTEM

The Corporation may issue additional application tokens for future ecosystem development:

$b3D - 3D Modeling & Visualization

$bAccelerator - Startup Accelerator

$bAI - Artificial Intelligence

$bApp - Application Platform

$bArt - Digital Art & NFTs

$bBooks - Digital Publishing

$bBrowser - Web Browser

$bCalendar - Calendar & Scheduling

$bChat - Messaging & Communication

$bCMS - Content Management

$bCode - Development Environment

$bContracts - Smart Contracts

$bCRM - Customer Relationship Management

$bDNS - Domain Name System

$bDrive - Cloud Storage

$bEducation - Educational Platform

$bMail - Email Services

$bGaming - Gaming Platform

$bIdentity - Identity Management

$bJobs - Employment Platform

$bMaps - Mapping & Navigation

$bMarketing - Marketing & Advertising

$bMusic - Music Platform

$bPaint - Digital Art Creation

$bPhotos - Photo Management

$bRadio - Audio Broadcasting

$bSearch - Search Engine

$bShares - Securities Trading

$bSocial - Social Network

$bSpreadsheets - Spreadsheet Application

$bTwitter - Microblogging Platform

$bVideo - Video Platform

TRANSPARENCY REQUIREMENTS

All Trust activities maintain the highest standards of transparency:

Every disbursement recorded on-chain with corresponding contract ID
Contract terms and deliverables publicly accessible
Quarterly financial reports published
Annual development plans made available for public review
All Trustee decisions documented and available within 30 days
Multi-signature transactions publicly verifiable on blockchain
Equity token holdings and distributions transparently recorded
Corporate financial statements for all subsidiaries published annually
New token issuance proposals and approvals publicly documented

FLOW OF FUNDS

The movement of funds through the Trust follows this prescribed process:

Subscriptions received in fiat currency or cryptocurrency
Trust converts funds according to Treasury Management Policy
Corporation submits detailed funding requests for specific contracts
Trustees review and approve via threshold signatures
Approved payments executed from Trust Public Address
All BSV transactions recorded on-chain with full visibility

TOKEN HOLDER RIGHTS

Holders of equity tokens have the following rights:

Proportional voting on subsidiary governance matters
Right to receive profit distributions from subsidiary operations
Access to subsidiary financial reports and operational updates
Right to transfer tokens subject to securities law compliance
Participation in subsidiary strategic planning processes
Input on new application development within subsidiary domains

MULTI-SIGNATURE IMPLEMENTATION

The Trust operates through a sophisticated multi-signature system:

Transaction Authorization Levels:

Level 1 - Routine (≤100 BSV): 3-of-5 signatures
Level 2 - Significant (100-1000 BSV): 4-of-5 signatures
Level 3 - Major (>1000 BSV): 4-of-5 signatures + notification
Level 4 - Constitutional: 5-of-5 signatures + consultation

TECHNICAL SPECIFICATIONS

Blockchain Implementation:

Network: Bitcoin SV Mainnet
Token Standard: Run Protocol or equivalent BSV-native protocol
Supply Management: Fixed initial supply with controlled issuance

Token Contract Features:

Voting mechanisms for governance decisions
Dividend distribution mechanisms for profit sharing
Transfer restrictions for regulatory compliance
Burn mechanisms for token retirement
Upgrade paths for contract improvements

JURISDICTION AND COMPLIANCE

The Trust is established in a jurisdiction with robust trust laws (Jersey, Guernsey, or Cayman Islands) and maintains compliance with:

Securities regulations for token issuance and trading
Anti-money laundering (AML) requirements
Know Your Customer (KYC) procedures
Financial reporting standards
Corporate governance best practices

DISCLAIMER

This document provides a public summary of the Bitcoin Corporation Development Trust founding framework for informational purposes. It does not constitute investment advice, financial advice, or an offer to sell securities.

Token investments carry significant risks including total loss of investment. Potential investors should seek independent legal and financial counsel before making any investment decisions.

This summary is based on the founding agreement dated November 1, 2025. For complete terms and conditions, interested parties should refer to the full trust documentation.

BITCOIN CORPORATION DEVELOPMENT TRUST

Founding Framework - Public Summary