Overview
What DF3F is, who it is for, and where to read next.
DF3F issues income-share notes for founders through a platform issuer SPV and services them on-chain. Each note series is for one person: capital now, in exchange for a share of income above a hurdle for a fixed term, never more than a cap. Investors commit USDC during the raise, hold positions in the series, and are paid after a dispute window.
There is no fixed repayment schedule, no dilution and no personal guarantee. In a year when income is below the hurdle, nothing is due.
Who it is for
Founders and consultants with income they can prove, who need capital for their company or for personal runway. Money used as personal runway runs in consumer mode, with an APR ceiling and a withdrawal window.
Professional investors who want exposure to a person's earned income rather than a company exit, recorded in an on-chain note register, with an independent trustee and a named backup servicer.
Status
DF3F is pre-launch.
- Nothing on this site is an offer of securities, a financial promotion or advice.
- The engine has run only on a local test chain; it is not deployed on any public network and has not been audited.
- DF3F has no FSRA licence yet. Until it has one, any offering runs through a licensed arranger.
- The pilot is limited to professional clients: no US persons, no EU retail investors.
- No note has been issued and no money has been raised.
How to read the rest
| Page | What it answers |
|---|---|
| How it works | The life of a note, from underwriting to its end |
| Note terms | Guardrails, the payment formula, fees, buyout, consumer mode |
| Legal structure | Who issues, who operates, who protects holders, what is still open |
| Engine | Contracts, roles, invariants, network, testing status |
| Servicing and privacy | Proof of income, what the chain holds, disputes, continuity |
| Risks | What can go wrong, in plain words |
| Roadmap | The plan, and what would stop it |
Try your own numbers in the playground, or write to timur@gadzhiev.com.
Updated