Wyoming Statutory Foundation · Sprint AG · Est. at $100K Revenue
The perpetual steward of the Veast mission — holding IP, trademarks, the Constitutional document, and the Pledge mandate long after any single implementation ends.
What We Are
Veast Foundation is a Wyoming Statutory Foundation (Wyoming Stat. Ann. § 17-32) — a purpose trust, not a traditional non-profit. Wyoming's crypto-friendly statutes recognize digital-asset holdings and purpose-driven perpetual entities. The Foundation cannot be dissolved while a single $VEAST token exists in any wallet.
VEAST, VEGAN BEAST, and the Convergence Portal logo transfer to the Foundation at formation — providing a stable registrant across generations of operating companies.
The Veast Constitution is owned by the Foundation post-formation. Its inviolable provisions cannot be amended by any vote — not even unanimous. They are the fixed points of the universe.
The 20% Pledge obligation — across 5 locked slices — is the Foundation's primary fiduciary duty. All other Foundation activities are subordinate to Pledge execution.
The Veast Protocol — governance mechanics, vote-staking, pledge automation — is open-sourced under Apache 2.0. Any successor implementation can fork it. Patent grant included.
Open Protocol
The protocol mechanics are open. The implementation is not. This distinction is intentional — the soul of the system must be public and forkable across centuries. The specific body it runs in at any moment is proprietary.
| Component | License | Location |
|---|---|---|
| Vote-staking Solana program | Apache 2.0 | github.com/veast-foundation/veast-protocol |
| Pledge automation program | Apache 2.0 | github.com/veast-foundation/veast-protocol |
| Veast Constitution | Apache 2.0 | github.com/veast-foundation/veast-protocol/docs/ |
| Governance voting mechanics | Apache 2.0 | github.com/veast-foundation/veast-protocol |
| App UI source code | Proprietary | github.com/veast-app (private) |
| Brand assets & visual system | Proprietary | Foundation-held; not publicly distributed |
| AI agent system prompts | Proprietary | Supabase vault; not published |
| Full security audit reports | Proprietary | Summaries only published; full reports redact attack vectors |
Funding Model
There is no endowment. No one-time grant. The Foundation exists only as long as Veast generates revenue — the 5% Foundation Perpetuation slice of the Pledge funds operations. This aligns Foundation continuity with platform continuity.
Total: 20% of net annual income. The 5% Foundation slice accumulates toward a 12-month operating buffer. When the buffer is full, surplus returns to the humanitarian categories at the next quarterly disbursement.
Governance
The Foundation board consists of exactly five directors with staggered 4-year terms. Post-departure governance runs on stake-weighted $VEAST token voting — longer locks earn proportionally higher weight. Some provisions cannot be amended by any vote.
Serves as Chair. Assumes on activation. Holds one multi-sig signing key.
Identity sealed in founder's will
Executive operations. Ensures platform continuity and operational governance.
Identity sealed in founder's will
Crypto and Solana expertise. Oversees token economy and on-chain governance.
Identity sealed in founder's will
Secretary role. Holds one Shamir share of the founder's signing key.
Identity sealed in founder's will
Elected by $VEAST token-stake vote within 90 days of succession activation.
Community-elected post-activation
What Cannot Be Changed — By Any Vote
Formation Timeline
Formation is deliberately deferred — not avoided. Every step is mapped. The trigger is revenue, not time.
Trademarks filed by Veast X LTD with assignment notation to future Foundation. Constitutional document and governance specs authored and public. By-laws template drafted for Wyoming counsel review.
Filed by Veast X LTD. Application references: "Intended assignee: Veast Foundation upon formation." Convergence Portal logo trademark filed in Sprint AE.
Engage Wyoming counsel (Hathaway & Kunz, P.C. or Mike Selden Law). File Articles of Organization. Ratify by-laws. Establish Squads multi-sig operating wallet. Trademarks and Constitutional document transfer to Foundation immediately. Veast Protocol published at github.com/veast-foundation/veast-protocol under Apache 2.0.
Sprint Z automation routes the 5% Foundation Perpetuation slice to the Squads multi-sig. Board sets annual budget. Excess over 12-month buffer returns to humanitarian categories.
Codebase, brand assets, domain, social handles, and AI agent configuration transfer to Foundation ownership. Succession protocol activates. Foundation board assumes governance. Stake-weighted $VEAST voting begins.
Transparency