Project Full Timeline

Most explanations split a project in two: the smart-contract flow (see Architecture) and the construction flow (how a house actually gets built). If you’ve never been close to a construction project, that split makes it hard to picture what’s really happening to your money and when.

This page stitches both into one timeline. Every step is tagged so you always know whether it’s an action recorded on the blockchain or physical work happening on the ground:

• On-chain — a smart-contract action. Public and verifiable by anyone on Basescan, with no cooperation from us.
• On-site — real-world work by our team and the property’s SPV (design, permits, construction). Progress is published as on-chain updates you can read in the project’s Construction Timeline.

The four phases at a glance:

  PLAN (on-site)        FUND (on-chain)        BUILD (on-site)        RETURN (on-chain)
  design · land   ─▶   deploy · invest   ─▶   foundation → finish  ─▶  distribute · claim
  · survey             · close & withdraw     (chain marks start/end)   returns to investors

The timeline

1. Design & plans On-site

   Every project starts with a design — a custom home or one of our existing plans. This fixes the scope, specifications, and cost estimate that later become the raise goal.

2. Land & lot On-site

   We assist with land acquisition or build on an existing lot. The parcel is held under the property’s dedicated SPV, keeping each project legally ring-fenced from the others.

3. Site survey, soil testing & appraisal On-site

   Engineering checks confirm the lot can carry the design, and a certified appraiser evaluates the project — grounding the numbers in an independent, professional valuation. Together these finalize the construction budget. The bank also requires all of this before approving the construction loan — so once it’s done we have firm, final figures and can open the fundraise on-chain.

4. Project created On-chain

   Our factory deploys the project’s three contracts in a single transaction — funding, token, and distributor — then locks their roles. The parameters are set once and are immutable: goal, deadline (≤ 180 days), minimum investment, metadata hash, spvAdmin, and spvTreasury. The raise opens (FUNDRAISING).

5. Investors fund the raise On-chain

   Verified investors call invest(). Their USDC is custodied by the funding contract and a non-transferable proof-of-investment token is minted to their wallet. Funds stay in the contract — untouched by us — until the raise closes.

6. Raise closed & funds withdrawn to treasury On-chain

   Once the goal is met the state becomes FUNDED and investing stops. The operations Safe (spvAdmin) withdraws exactly totalRaised to the hardcoded spvTreasury, which off-ramps USDC → USD through a regulated fiat ramp (Coinbase Prime) to pay for construction.

7. Construction started On-chain

   The project state advances to ACTIVE — an on-chain marker that ground work has begun. From here the next several steps are physical; the chain simply bookends them.

8. Foundation On-site

   Excavation and the foundation are poured — the structural base of the home.

9. Framing & structural work On-site

   The skeleton of the building goes up: load-bearing frame, floors, and walls.

10. Roof installation On-site

    The roof is built and sealed, making the structure weather-tight.

11. Exterior finishing On-site

    Facade, cladding, windows, and doors — the building’s outer envelope is completed.

12. Mechanical, electrical & plumbing (MEP) On-site

    The systems that make a house livable: HVAC, wiring, and plumbing are installed.

13. Interior finishing & design On-site

    Insulation, drywall, flooring, fixtures, and finishes turn the shell into a finished home.

14. Landscaping & site development On-site

    Grading, driveways, and landscaping complete the property and prepare it for sale or lease.

15. Construction completed On-chain

    The state advances to COMPLETED — an on-chain marker that the build is finished and the project moves into its return phase.

16. Distribution committed & funded On-chain

    Proceeds are converted back to USDC. The treasury Safe submits the [wallet → amount] list with commitDistribution() — the Merkle root is computed on-chain, so it can’t be forged — and deposits the USDC through the SPV multisig into the ROIDistributor. Claims unlock automatically once it’s fully funded.

17. Investors claim their returns On-chain

    Each investor calls claim() with a Merkle proof and receives their principal plus ROI in USDC. Their proof-of-investment token is burned as they claim. The full cycle — from a first sketch to money back in your wallet — is complete.

If a raise doesn’t succeed

If the goal isn’t reached by the deadline (or a funded project is never withdrawn within 60 days), the project moves to REFUNDING and every investor claims their USDC back directly from the contract — no team action required. See Architecture → Refund for details.

Follow a live project

On any project page, the Construction Timeline section shows these steps as they happen, backed by on-chain updates. Progress is also posted on our X and Telegram.