Bitcoin Corporation Development Trust Proposal
A comprehensive framework for establishing transparent, BSV-native funding for Bitcoin ecosystem development through the Bitcoin Corporation Development Trust.
DOWNLOAD PROPOSALExecutive Summary
The Bitcoin Corporation Development Trust (BCDT) is designed to safeguard community subscriptions, convert them into Bitcoin SV (BSV), and deploy those resources transparently towards ecosystem development.
By combining a trust structure with a corporate executor, BCDT ensures accountability, transparency, and efficient funding of projects critical to Bitcoin's growth. This aligns with the framework already outlined in our Trust structure and our subscription tiers which include Trust Advisory Committee and Trust Observer Board seats for major supporters.
Core Objectives
Neutral Treasury
Establish a transparent treasury for BSV ecosystem growth, independent of any single entity.
BSV-Native Funding
Fund all development through BSV-denominated contracts, ensuring on-chain transparency.
Independent Oversight
Ensure proper fund usage through independent trustees and community advisory input.
Trust Structure
The Trust
Holds and safeguards all subscriptions converted into BSV. Provides legal framework and asset protection.
The Corporation
Executes projects, issues development contracts, and pays contractors in BSV from trust funds.
Trustees
Independent board ensuring funds are used appropriately according to the trust deed.
Flow of Funds
Subscriptions received in fiat or crypto
Trust converts all to BSV
Corporation requests disbursements for contracts
Trustees approve or reject requests based on the trust deed
Payments made in BSV, fully visible on-chain
Complete Transparency
Every transaction visible on-chain. All disbursements recorded with contract IDs for public audit.
Key Benefits
Neutrality
Removes reliance on any single company or individual. Trust structure ensures independence.
- Independent trustees
- Community oversight
- Trust deed governance
Transparency
On-chain reporting ensures full accountability. Every satoshi tracked and visible.
- Public BSV address
- Contract IDs on-chain
- Real-time audit trail
Incentive Alignment
Developers are paid in BSV, tying their work directly to Bitcoin's success.
- BSV contractor payments
- Ecosystem alignment
- Long-term incentives
Stability
Subscribers can trust funds are safeguarded for their intended development purpose.
- Trust deed protection
- Legal framework
- Regulatory compliance
Governance & Advisory Structure
Trust Advisory Committee
Enterprise tier subscribers ($999.99/month) gain a seat on the Trust Advisory Committee, providing quarterly strategy input and priority development requests.
View Enterprise Tier →Trust Observer Board
Institutional tier subscribers ($100,000/month) receive a non-voting Trust Observer Board seat, with monthly board meeting attendance and development priority influence.
View Institutional Tier →Governance Principles
Trustees enforce the trust deed and assess contract compliance
All disbursements recorded on-chain with contract IDs for public audit
Regular review ensures funds advance ecosystem development goals
Maximum 2 subscriber board seats to preserve founder control
Implementation Plan
Jurisdiction Selection
Select jurisdiction with robust trust laws (e.g., Jersey, Guernsey, Cayman) while maintaining UK compliance
Trust Deed Definition
Clearly define scope of 'ecosystem development' in the trust deed to ensure proper fund usage
Transparency Reporting
Publish annual development plans and reports to maintain credibility with subscribers and regulators
Full Proposal Document
Download the complete Bitcoin Corporation Development Trust proposal for detailed information about structure, governance, and implementation.
Download PDF ProposalPDF • 2 pages • Bitcoin Corporation Development Trust Proposal
Support Transparent Development
Join our mission to build a sustainable, transparent funding model for Bitcoin development.
For trust inquiries: trust@thebitcoincorporation.com