> ## Documentation Index
> Fetch the complete documentation index at: https://docs.monochrome.exchange/llms.txt
> Use this file to discover all available pages before exploring further.

# Roadmap

> Monochrome's development plan, as at September 2026.

Forward milestones are indicative and subject to market, technical, and regulatory conditions.

<Steps>
  <Step title="Delivered to date">
    * Exchange core architecture and matching engine
    * Monochrome Exchange platform and spot trading
    * Monochrome Launchpad
    * Private round closed
    * Global regulatory licence applications initiated
  </Step>

  <Step title="Q3 2026: Token Generation">
    * MCR smart-contract deployment, third-party security audit, and publication of the contract, burn, and treasury addresses
    * Public IEO on the Monochrome Launchpad
    * MCR Token Generation Event
    * Listing on Monochrome Exchange and selected partner venues
    * Node ecosystem rollout (Standard and Advanced tiers)
  </Step>

  <Step title="Q4 2026: Digital IPO">
    * First Digital IPO issuances on Monochrome Exchange
    * DAO smart-contract suite deployment and audit
    * Institutional custody service launch
    * Derivatives markets expansion
    * Additional jurisdiction onboarding
  </Step>

  <Step title="Q1 2027: The Burn Engine">
    * **First quarterly MCR buy-back and burn round**, covering Q4 2026 platform results
    * First public burn-ledger entry and independent third-party attestation
    * Expansion into tokenised bonds
    * Stablecoin settlement network integration
  </Step>

  <Step title="2027 and beyond: Ecosystem">
    * Expansion into tokenised real-world assets
    * Cross-chain bridge for MCR portability
    * Tokenised ETF product suite
    * Global liquidity alliance with partner venues
    * Full API and quantitative-trading ecosystem
    * Progressive DAO handoff of designated governance decisions
    * **Monochrome established as a core gateway for global capital markets**
  </Step>
</Steps>