Launching a Fleet
A manager lists a fleet and sells tokens at a fixed price.
What the manager sets
| Setting | Example (KEENON, Tel Aviv) |
|---|---|
| Machines | 12 service robots |
| Sale price | 1 USDC |
| Raise | 300,000 USDC |
| Manager stake | 15,000 USDC (5%, cash) |
| Robot share | 50%: 150,000 for robots |
| Robot cost | 12,500 each |
| Wear-out | 48 months |
| Planned revenue | 1,200 a robot a month |
| Robots brought | None (all bought) |
| Manager fee | 20% of revenue |
| Purchase strike | 1.10× sale price |
How the sale works
- The manager puts in 5% of the raise first, in cash. No exceptions: robots they bring don't count. Their tokens stay locked until payback.
- Buyers pay USDC at the fixed price during the sale window. No wallet caps.
- If the public puts in at least 25% of the raise, the fleet launches. The raise is split: the robot share goes to the vendor escrow, the rest to the reserve and pool.
- If not, everyone gets a full refund, the manager included.
Robots come online
- Each robot is set up and tested, then gets its peaqID.
- The vendor is paid for a robot only when it signs its first job.
- The fleet page shows the escrow shrinking robot by robot.
Payback
Premium sales and borrowing stay locked until reserve revenue has covered the robot cost. A bar on the fleet page shows progress, and the feed shows the unlock.
For KEENON: 12 robots × 1,200 × 80% to reserve ≈ 11,500 a month, so payback takes about 13 months.
Bringing your own robots
A manager may bring robots it already owns. They start at zero and earn their value in from their own receipts. The raise buys only the rest. See For Managers.
Example: Brightline, Boston brings 8 robots listed at 9,000 each and raises 60,000 for 4 more at 11,000 each.
Vendors
Vendors need to be onboarded before they can take escrow payments. How we check and sign up vendors is still open.