Buyback Process¶
Executing Your Exit¶
Overview¶
The buyback process transfers full ownership from Studio3's container model to the founding team through NFT repurchase.
Step-by-Step Process¶
1. Initiation (Days 1-7)¶
Requirements¶
- Formal buyback request
- Financial proof of funds
- Legal entity verification
- Team agreement signatures
Actions¶
- Submit buyback proposal
- Schedule valuation meeting
- Notify all stakeholders
- Begin due diligence
2. Valuation (Days 8-21)¶
Spark NFT Valuation¶
- Original mint price
- IP value appreciation
- Market comparables
- Innovation premium
Signal NFT Valuation¶
- Performance multipliers
- Milestone achievements
- Community metrics
- Growth trajectory
Final Pricing¶
3. Negotiation (Days 22-30)¶
Key Terms¶
- Payment structure
- Transfer timeline
- Warranty provisions
- Non-compete clauses
Stakeholder Alignment¶
- Echo holder vote
- Anchor approval
- Legal review
- Final terms
4. Execution (Days 31-60)¶
Payment Processing¶
- Escrow Setup: Secure funds transfer
- Smart Contract: Automated execution
- NFT Transfer: Ownership migration
- Verification: Blockchain confirmation
Documentation¶
- Purchase agreement
- Transfer records
- Tax documentation
- Compliance certificates
5. Completion (Days 61-90)¶
Genesis Wallet Transfer¶
- Multisig update
- Key ceremony
- Access verification
- Backup procedures
Halo NFT Unlock¶
- Automatic upon completion
- Soulbound to founders
- Sovereignty symbol
- Alumni benefits
Payment Options¶
Direct Purchase¶
- Full payment upfront
- Immediate transfer
- Clean break
- Preferred method
Structured Payment¶
- 3-12 month terms
- Milestone-based
- Interest applicable
- Collateral required
Revenue Sharing¶
- Percentage of future revenue
- Time-limited (typically 2-3 years)
- Performance triggers
- Audit rights
Token Swap¶
- Exchange for venture tokens
- Vesting schedule
- Liquidity provisions
- Market pricing
Legal Considerations¶
Entity Structure¶
- Corporation formation
- Equity allocation
- IP assignment
- Governance setup
Compliance Requirements¶
- Securities regulations
- Tax obligations
- Reporting duties
- Jurisdiction rules
Intellectual Property¶
- Full IP transfer
- Patent assignments
- Trademark rights
- Trade secrets
Common Challenges¶
Valuation Disputes¶
Solution: Third-party valuation expert
Funding Gaps¶
Solution: Bridge financing options
Timeline Pressure¶
Solution: Extension provisions
Stakeholder Conflicts¶
Solution: Mediation process
Success Tips¶
Preparation¶
- Start planning 6 months early
- Secure funding commitments
- Align team incentives
- Document everything
Communication¶
- Transparent updates
- Regular stakeholder calls
- Clear timelines
- Manage expectations
Execution¶
- Follow process exactly
- Meet all deadlines
- Over-communicate
- Celebrate milestones
Post-Buyback¶
Immediate Actions¶
- Update corporate records
- Notify customers/partners
- Transfer all assets
- Close Studio3 accounts
First 30 Days¶
- Establish operations
- Update contracts
- Implement governance
- Plan growth strategy
Resources¶
- Buyback Calculator
- Legal Templates
- Process Checklist
- Expert Network
Next Steps¶
→ Post-Graduation - Life after Studio3 → Ascension Planning - Review preparation