# Glossary of Terms **Navigation:** [← Table of contents](README.md) · [FAQ](FAQ.md) · [Disclaimers](DISCLAIMERS.md) · [Contacts](CONTACTS.md) --- ## Tokens and Blockchain ### Governance Tokens VC HB3 Accelerator tokens granting rights to dividends (15% of treasury inflows), on-chain voting, creating proposals, and access to accelerator projects. Total: 3,000,000 tokens. Available to LP: up to 30% (900,000). Price: 1,000 USDT per token. ### Admin Tokens Licenses to use the DLE platform. Holders get access to settings and updates for 5 years. Plans: Standard (1 token, 1,000 USDT), Premium (10 tokens, 10,000 USDT). ### ERC-20 Token standard on the Ethereum blockchain. The DLE platform uses ERC-20 for governance and admin tokens. Extensions used: ERC20Votes (voting), ERC20Permit (signatures). ### Smart Contracts Self-executing programs on the blockchain. In the DLE platform they are used for token management, voting, dividend distribution, and linking regulator identifiers to blockchain operations. ### On-Chain Voting Voting system via smart contracts. All votes are recorded on the blockchain and verifiable. 1 token = 1 vote. ### Quorum Minimum number of votes to pass a decision. Initial quorum: 51%, can be raised to 70% via vote. ### On-Premises Deployment model where the platform is installed on the client’s infrastructure (not in the cloud). Ensures full control over data. ### EVM Networks Networks compatible with the Ethereum Virtual Machine. The DLE platform supports all EVM networks, including Ethereum, Polygon, Arbitrum, and others. Multi-chain architecture allows operating in several networks at once. --- ## Financial Terms ### Dividends Payments to token holders proportional to ownership. 15% of all treasury inflows. ### Fund Treasury Balance of funds backing governance token liquidity. Formed from license sales, portfolio company exits, and LP investor capital. ### Liquidity Ability to exchange tokens for stablecoins. Treasury balance provides liquidity for all tokens via redemption mechanism. ### Exit Rate Share of portfolio companies that successfully exit. Conservative scenario: 10%, optimistic: 20%. ### Pre-Seed Early investment stage — company at idea or prototype stage. Check size: 50,000–200,000 USDT. ### Seed Investment stage — company has product and first customers. Check size: 200,000–1,000,000 USDT. ### Series A First major venture round after seed. Check size: 1,000,000–4,000,000 USDT. ### ICO (Initial Coin Offering) Initial token offering — way to raise capital by selling tokens. Check size: 500,000–2,000,000 USDT. ### Lock-Up Period Minimum holding period during which an investor cannot sell tokens back to the treasury. In VC HB3 Accelerator: 60 months (5 years). Applies only to treasury redemption — sale on secondary market and transfer to third parties are not restricted. --- ## Business Terms ### LP (Limited Partners) Venture fund investors. In VC HB3 Accelerator, LP receive governance tokens and effectively become GP with voting rights. ### GP (General Partners) Venture fund managers. The founder is GP; LP get GP rights through tokens. ### Token Holder Owner of governance or admin tokens. Rights depend on token type. ### Client Token holder who publishes development and support tasks. Payment from treasury (15% expenses). ### Contractor Token holder who performs client tasks. Paid from treasury. ### Accelerator Program supporting entrepreneurs: platform setup, training, access to investment. First accelerator target: 21,000+ entrepreneurs, 5 years. ### Cohort Group of entrepreneurs in the accelerator. 4 cohorts × 70 groups by line of business. ### Portfolio Company Company in which the fund invests. Target: 600 portfolio companies over 5 years. --- ## Technical Terms ### Docker Containerization platform. DLE is delivered as Docker containers for easy deployment. ### RAG (Retrieval-Augmented Generation) Technology combining knowledge-base search with text generation. Used in DLE AI agents for answers based on uploaded documents. ### FAISS Vector search library. Used in AI agents for semantic search over knowledge bases. ### Ollama Platform for running local LLM models. DLE uses one model for all AI agents — each agent differs by prompt, rules, and knowledge base. ### AI Agents System of specialized AI assistants on the DLE platform. One local model (Ollama) — many agents: each tailored to a specific business process (customer service, analytics, HR, etc.). Data does not leave the server. --- ## Regulatory Terms ### Regulator Government body regulating financial markets. VC HB3 Accelerator works with regulators to integrate identifiers into the platform and create sandboxes. ### Special Economic Zones Areas with special legal regime (IT hubs). The fund registers presence in these zones for grants and identifier integration. ### Regulatory Sandbox Controlled environment for testing innovative solutions under regulator supervision. As of January 2025 — 199 sandboxes in 92 countries (SSRN, World Bank). ### Identifiers Codes set by the regulator to identify legal entities: tax (TIN, EIN, etc.), accounting (industry codes), banking (BIC, SWIFT, IBAN), registration (OGRN, Company Number, ABN). Linked to smart contracts on the DLE platform. ### Compliance Adherence to legal and regulatory requirements. The DLE platform ensures compliance through linking identifiers to blockchain operations and on-premises deployment. ### Due Diligence Thorough review of a company or project before investing. Recommended before any investment decision. --- **Last updated:** 2026-02-19