Voluntary disclosure following the Blockworks Token Transparency initiative
Shenbury Vault ($SHEB) is cyber-physical infrastructure that enables the trustless tokenization and auction of museum-grade antiquities natively on Solana.
Today, the fine art tokenization space suffers from the "Physical Oracle Problem," relying on corruptible human appraisers to verify physical assets. Furthermore, legacy auction houses extract exorbitant 25% fees, gatekeeping generational wealth from decentralized markets.
Shenbury Vault provides a unified protocol that replaces human middlemen with hard math. We deploy autonomous AI agents that ingest multi-spectral QuantX Fluorescence Spectrometry data to mathematically verify the chemical signatures of physical artifacts. Once authenticated, the physical assets are secured in an institutional vault, and their on-chain counterparts are integrated into Shenbury's proprietary Solana auction application.
Shenbury Core Team – Bootstrapped infrastructure developers and fine art legal architects. No prior VC or private sale rounds.
The project's intellectual property—including the AI authentication agents, QuantX API integration scripts, Solana auction application, and associated brand trademarks—is owned by the Shenbury DAO entity.
The underlying physical antiquities are legally secured in a bankruptcy-remote Special Purpose Vehicle (SPV) / Trust. The legal structure explicitly binds the 10% auction yield directly to the $SHEB smart contracts.
Governance is fully onchain and permissionless via the MetaDAO futarchy protocol on Solana. Token holders make decisions by trading conditional outcome tokens on proposal markets. There is no multisig, council, or centralized admin authority capable of arbitrarily altering the protocol—all decisions are determined through market-based futarchy.
The price-based performance premine tokens allocated to the core team are locked with a minimum 18-month cliff and only unlock based on sustained price performance milestones. Locked tokens do not grant governance or voting rights. They cannot participate in futarchy markets until unlocked.
Token holders govern the DAO treasury and the proprietary auction application. 10% of the hammer price from physical asset sales flows through the protocol. Revenue distribution to stakers and treasury allocation decisions are executed via onchain governance.
There is no separate, rent-seeking development company extracting massive salaries. Development of the Solana auction app and AI infrastructure is funded directly by the DAO treasury through futarchy-governed spending limits. The legal SPV exists strictly as a trust wrapper to safely hold the physical antiquities in the real world on behalf of the protocol.
65,000,000 total tokens at launch:
$0.005 (Implied FDV: $325,000 based on $65k raise goal)
$SHEB
65,000,000 total supply. The supply is strictly fixed. There are no inflationary emission schedules or mint functions.
ICO participant tokens and protocol liquidity tokens are not subject to vesting. The team performance premine is locked behind an 18-month cliff. To unlock, a 3-month TWAP oracle must evaluate sustained price multiples.
| Price Target | Token Price | Unlocked |
|---|---|---|
| 2x ICO price | $0.010 | 20% |
| 4x ICO price | $0.020 | 40% |
| 8x ICO price | $0.040 | 60% |
| 16x ICO price | $0.080 | 80% |
| 32x ICO price | $0.160 | 100% |