karnX — Decentralised Autonomous Organisation
karnX makes it easy and fair to launch a product and its token. Money from the first sale goes into a safe vault and is released step-by-step when the project shows progress. Reviews are done by AI and by people, with the final say from community governance (DAO).
Our mission
Bring trust to crypto fundraising: clear rules, simple steps, public records, and payments tied to real progress — so builders and backers are protected.
What we do
- Publish a clear, signed set of launch terms.
- Send sale money to a secure vault until milestones are met.
- Run simple reviews before any payout is made.
Why it matters
- Backers get transparency and protection.
- Builders get a fair path to funding as they deliver.
- The community can resolve disagreements when needed.
Who’s involved
Project (Builder)
The team launching a product and token.
Backers
People who buy in the first sale.
Evaluators
AI scores plus human reviewers chosen by the community.
Governance (DAO)
Community that discusses, votes, and makes final decisions.
Platform Contracts
On-chain system for records, sales, vesting, and reviews.
How it works — in 4 simple steps
- Intake (Request). Share your project info (team, plan, token details, milestones, KPIs, risks) and pay a small listing fee. We register it, add an AI pre-score, and mark it as shortlisted or declined.
- Terms Lock (Agreement). We run checks (AI + expert review). The community votes. The project and karnX sign the Proof of Terms: supply & price, purchase limits & schedule, milestone proofs, token splits with vesting, fees, and dispute rules. The terms are public and can’t be changed.
- Sale & Escrow. The main token sale goes live. Buyers receive tokens. Sale funds go to the Milestone Vault (secure escrow). Team/treasury tokens follow a vesting plan. A platform fee goes to the community treasury. Later trading helps with price discovery but doesn’t raise new money (unless stated in the terms).
- Milestone Review. For each milestone, the team submits proof (builds, commits, usage, audits). Evaluators vote pass/fail with a short reason. When approvals reach the set threshold — or the community votes — the vault releases the next payment. If it fails, the team can retry or open a dispute (full, partial, clawback, or refund as per the terms).
Ready to start?
Create a project on karnX.