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Flagship

Weeks to market. Not years.

A Digital IPO on Monochrome is a compliant, blockchain-native primary issuance: a company offers equity or equity-like instruments to eligible investors, and the issuance, subscription, allocation, and settlement all happen on-chain.

Traditional IPO vs. Digital IPO

The compliance wrapper

Every Digital IPO runs under a compliance wrapper appropriate to the issuer’s jurisdiction, the target investor jurisdictions, and the nature of the instrument. At minimum:
1

Issuer diligence

Corporate, financial, legal, and beneficial-owner review before onboarding.
2

Offer documentation

An offer document meeting the disclosure standards of each target jurisdiction, filed with the relevant regulator where required.
3

Investor eligibility

Each investor verified against KYC, AML, and eligibility criteria, including wholesale or accredited status where the offer is limited to those classes.
4

Post-issuance obligations

Continuous disclosure applies for as long as the instrument trades on Monochrome.
The exact wrapper for any given issuance is disclosed in that offering’s documentation.

How MCR fits in

MCR is the exclusive access token for every Digital IPO on the platform.
  • Eligibility gate. Hold or stake a minimum MCR balance during the snapshot window to participate.
  • Allocation coefficient. When an issuance is oversubscribed, allocation is weighted by snapshot MCR balance, so larger holders receive a larger pro-rata share.
  • Fee benefit. VIP tiers reduce subscription fees.
MCR is never consumed by participating. Holders keep their MCR after every issuance.

Why every issuance strengthens the token

Monochrome earns platform fees on each Digital IPO: listing, underwriting-equivalent, and subscription fees. 25% of that revenue is added to the quarterly buy-back and burn, on top of the base 20% of net profit. So each new issuance creates two kinds of MCR demand at once:

Subscription demand

Investors acquire or stake MCR to secure allocation.

Burn demand

Monochrome buys MCR from the open market and destroys it.
Digital IPO instruments are distinct from any regulated fund unit issued by any Monochrome-branded affiliate and confer no exposure to any such product.