The application layer
The Mosaic Protocol
A launchpad for stocks not yet onchain: pre-IPO shares, private-company equity, gated and regional tickers, secondary positions locked behind NDAs and quarter-million minimums. Fragmented, illiquid, face-down — tiles without a picture.
The problem space
The protocol tessellates them into one onchain surface. It does not invent assets. Each tile is a token that points one-to-one at a verified off-chain position held in a legal wrapper with attested custody. The same composite intelligence that trains language models is pointed at markets: it decides what to list, at what value, and how tightly to quote it.
RESEARCH → ENGINE → PROTOCOL → $MOSAIC
The market for private equity exists. It is simply shattered.
- pre-IPO allocations close before the public hears the name
- private companies stay illiquid for a decade or more
- foreign and regional tickers sit behind geo-walls and broker gates
- secondary desks run on relationships, NDAs, and $250k minimums
- price discovery is a quarterly rumor, not a live number
- there is no exit until an IPO or acquisition that may never come
Every one of these is a missing tile. The protocol’s job is to verify the tile, price it, and give it a market.
Protocol pipeline
Five stages, one pipeline
Nothing is minted that has not cleared every gate.
Any $MOSAIC holder submits a position — cap-table entry, SAFE, secondary lot, RSU tranche. Dealflow and issuer partners feed the same queue.
Cap-table confirmation, legal wrapper (SPV / series LLC / compartment) in an allowlisted jurisdiction, custody attestation from a licensed custodian, and a Thauten disclosure score D. A tile cannot proceed while D < D_min.
The verified position is minted as an onchain tile. Supply equals the wrapped share count. Proof-of-reserves is published on a fixed cadence; a failed attestation freezes transfers.
The valuation engine computes a fair value V̂ and a confidence band σ. Protocol-owned liquidity is placed around V̂ ± k·σ.
$MOSAIC-paired pools give every tile a 24/7 exit. At a real liquidity event the wrapper settles and proceeds distribute pro-rata; the gap between last price and settlement is the engine’s realized error.
Line dynamics
$MOSAIC line dynamics is not a slogan. Each tile moves along a line from engine-priced to market-priced as it earns real volume.
quote_midᵢ(t) = αᵢ(t) · V̂ᵢ(t) + ( 1 − αᵢ(t) ) · market_midᵢ(t)
αᵢ(t) = e^( −γ · Nᵢ(t) ) // Nᵢ = independent verified-trade maturity
New tile: α ≈ 1, the engine leads and protocol liquidity is the
market. Mature tile: α → 0, the engine steps back and only observes.
Engine updates enter the anchor through a TWAP, never instantly, so no one can
front-run a revaluation. A circuit breaker reverts any swap that would push price
outside V̂ᵢ ± k_max·σᵢ.
Integrity, risk & failure modes
Every claim the protocol makes about an off-chain asset is underwritten by staked
capital. Stakers lock $MOSAIC into a tile’s integrity pool and earn a share of
its fees. If realized settlement error breaches the band —
| P_settle − last_quote | > k·σᵢ — the pool is slashed and
distributed to tile holders. Stakers only back bands they actually believe; this is
what makes σ economically honest.
| problem | how the protocol handles it |
|---|---|
| oracle problem | five independent estimators + confidence band + integrity staking + realized-error truing at every liquidity event |
| custody | licensed custodian attestations, scheduled proof-of-reserves, independent audit, transfer freeze on failed attestation |
| securities law | tiles transfer-restricted at the contract level; KYC allowlist; jurisdiction gating; Reg D / Reg S wrappers; no listing without issuer-side legal clearance where required |
| thin liquidity / manipulation | engine-anchored concentrated liquidity, α decays only on independent verified volume, per-block price bands, circuit breakers, formation detection |
| stale valuations | staleness term inflates σ, mandatory disclosure-refresh cadence, auto-delist when D < D_min |
| engine overfit / wrong | Errloom scores only realized outcomes, walk-forward; disagreement metric surfaces uncertainty; overfit then escape the local minimum |
| redemption run | no open redemption; exits are the AMM or a real settlement event; lockups on primary tiles; integrity-pool backstop |
| issuer objection | opt-in issuer program, ROFR and transfer restrictions honored inside the wrapper; otherwise clearly-labelled synthetic exposure only |
| front-running revaluations | engine value enters the anchor via TWAP + commit-reveal, never as an instant jump |
How it all connects
| research module | engine function | protocol role |
|---|---|---|
| Thauten | document embedding zᵢ, latent value v₄, disclosure score D | VERIFY gate + one estimator |
| SAGE | comparable-company graph, sector surface g_sector, liquidity geometry | v₂ estimator + AMM band placement |
| Errloom | adaptive weights wₖ, band constant k, walk-forward calibration | keeps PRICE honest over time |
| Diffusion ASI (Mesaton) | scenario fan-out → outcome distribution | tail of σᵢ, stress testing |
| Market-Intelligence Core | cross-chain flow, VWAP ingestion, formation detection | v₃ feed + manipulation defense |
| The Trinity | the three paths converging into one model | endgame: a general model of the private economy — tiles become its training data |
Near-term: a working launchpad, real tiles, fee revenue, engine v1. Long-term: the same engine that prices a tile prices the entire opaque market. The research and the protocol compound into each other. $MOSAIC token mechanics →