Three judgments, kept apart
Data readiness, protocol onboarding and legal issuance are three different questions with three different owners. Most of the trouble in this sector comes from letting one of them stand in for another.
- Status
- Design & build stage
- Whitepaper basis
- §6.2 From Onboarding to Issuance · §5.5 Asset Issuance Structure · §11.3 Platform vs. Asset-Level Compliance
- Verified on-chain today
- None — nothing here is deployed yet
- Still at design stage
- Gate decision records · Protocol onboarding vote
| Judgment | The question it answers | Who is accountable |
|---|---|---|
| Data readiness | Is the required material and review in place? | A rule-based system, on a versioned rule set |
| Protocol onboarding | Will MPC support this project technically? | MPC Protocol Governance |
| Legal issuance | Can issuance or an offering actually happen in this structure and jurisdiction? | The project-specific issuer, its legal counsel and the required external bodies |
- Judgment
- Data readiness
- The question it answers
- Is the required material and review in place?
- Who is accountable
- A rule-based system, on a versioned rule set
- Judgment
- Protocol onboarding
- The question it answers
- Will MPC support this project technically?
- Who is accountable
- MPC Protocol Governance
- Judgment
- Legal issuance
- The question it answers
- Can issuance or an offering actually happen in this structure and jurisdiction?
- Who is accountable
- The project-specific issuer, its legal counsel and the required external bodies
Ready data does not approve an issuance. A decision by MPC to support a project is not an investment recommendation and is not a legal issuance approval.
go is not an available action; the only route forward is better evidence.Full size ↗The decision record keeps the decision authority, the input snapshot hash, the rationale, and any monitoring condition attached to a watch result. That is what makes the decision auditable later — including by the person who made it.
What this does not do
- Readiness does not auto-promote a project to the next registry.
- Protocol governance cannot override a readiness result or approve a legal issuance.
- A recorded `go` does not create any transferable right.
This chapter is a public adaptation of the internal product specification. Where the two differ, the specification and the whitepaper govern.
MPC dApp Guide · design & build stage · synthetic demo data