Financial Configurations

Financial configuration is one of the key components of each club.

Powered by blockchain technology, Unique.vc enables clubs to streamline their operations and secure the pooled funds with self-custody wallets.

Each Venture Club consists of a Treasury and a Vault that ease the cap table management process by automatically tracking all transactions.

Treasury

The treasury is a wallet that represents the pool of funds raised by the club members/investors during the fundraising stage. By depositing funds to the Treasury during the fundraise, each member gets certain financial rights (shares). These funds can only be spent or transferred elsewhere if a proposal to use the funds has been accepted.

All transactions and individual deposits and withdrawals are automatically calculated by the program in order to simplify the cap table management.

Vault

The vault is a wallet used for storing assets that are acquired by the club, such as NFTs. These assets can be traded and the earnings will be transferred to the Treasury.