Most roadmaps are safe. They list good things - deeper attribution, more publishing, external validation - that no one could possibly be against, and precisely because no one can be against them, they leave no mark and cost nothing to publish.
This one is built on the opposite rule.
Commitments are only real if failure is possible.
Before the list, the one line that isn't a feature, a task, or a release - it's a change of identity:
We intend to stop being a Solana strategy and become a manager of dollars.
SOL is where we built the machine. It is not where we intend to end. Over 2026-2027 the unit of account, the markets, and the strategies all widen outward - from a single chain's token toward a dollar-denominated product that happens to use crypto market structure, rather than a crypto bet wearing a fund's clothes. Read the rest of this page as steps toward that, and as a year of accountability you can hold us to.
Two kinds of goal
Most roadmaps blur these together on purpose, because the blur hides which promises are real. We're going to separate them.
Some goals we can only aim at - the market gets a vote, and a good year or a bad one can carry us across the line or hold us back regardless of how well we execute. Others we fully control - there is no market to blame, no tailwind to thank. We hold ourselves hardest on the second kind, because those are the ones with no excuse.
Outcome goals - we aim; the market gets a vote
- $10M under management by the end of 2026. Today we are well below it. We're saying the number anyway.
- Two further funding rounds before year-end, on terms we'll be able to point back to.
Be honest with these as you read them: if crypto rips, we might clear them on a tailwind we didn't earn; if it dies, we might miss them through no failure of execution. That's exactly why they're labelled outcomes, not commitments. Judge us less on whether we hit them and more on whether we told you the truth about why.
Control goals - we commit; no one else gets a vote
- Ship a dollar-denominated product alongside the SOL book - managing dollars, not a single token.
- New markets and strategies beyond Solana, each one capacity-bounded before it's trusted with size, never bolted on for a headline.
- Place the methodology in front of an independent reviewer by the end of 2026 - moving from marking our own homework to being marked.
- Independent NAV verification - outside confirmation that NAV per unit is what we say it is.
- Investor exports - your full position and history, downloadable, so the record can leave our walls and be checked anywhere.
- Begin SOC 2 Type 1 preparation - starting the formal, independent attestation that our controls actually operate the way we describe them. The beginning of it this year; we'll say plainly where we are in the process, not just when it's done.
The Misses Log
Here is the commitment we're most serious about, and it's the strangest one to put in writing:
We expect to miss some of this roadmap.
When we do, the miss goes on the record.
Almost no young fund writes that sentence, because almost no one volunteers to document their own failures. We're going to - public entries for the quarter we slipped, the audit that ran late, the capacity ceiling we hit earlier than planned. The day the first one is published is the day the rest of this Journal gets more trustworthy, not less, because it proves the transparency survives contact with bad news. The same instinct runs through the operations-log Notes: record what actually happened, not the version that flatters us.
What this page actually is
Every quarter, this page changes. Every previous version stays published - so a commitment can't quietly disappear the quarter it becomes inconvenient. This is not a list of how much is coming. It's a list of the things you'll be able to judge us by, a year from now.
The point of a roadmap is not to be right. The point is to make being wrong visible.