How it works — in plain terms

For a founder

1. Set up. Create your organisation on the venue, connect your own signing setup (your keys stay with you — BeeFi never receives them), and pass the venue's acceptance review.
2. Publish your round. You define the price, the supply, the terms document, and — if you choose — the milestones: how much funding unlocks at each stage, who approves each release, and what happens if a stage is missed. Once published, these terms are committed and cannot quietly change.
3. Receive investment. Investors pay in Bitcoin. Their payment and their shares settle in the same transaction — atomically. Raised funds go into the round's milestone treasury, not into a spending account. You release each stage by delivering and collecting the required approvals.

After the round: distribute returns to holders, run votes your investors can verify, accept late investors on pre-committed terms, and let holders trade among themselves.

For an investor

1. Apply. Create an account and complete verification. BeeFi is a curated venue: investment offers are visible only to verified members in supported jurisdictions.
2. Evaluate. Each raise page shows the committed terms, the milestone schedule, and the team's attestations. You can independently verify that the assets are properly backed — before you commit anything.
3. Invest. You pay in Bitcoin and receive your shares in the same transaction. Your money either becomes shares, or stays yours.
4. Hold, vote, or trade. Track your position, take part in governance, and — when you want out — sell directly to another verified member, settled the same atomic way.

The four layers, without the jargon

• Bitcoin is the settlement layer. Value moves here, and the milestone rules are enforced here — by the network, not by BeeFi.
• A digital-asset layer carries the shares. Each asset's full history is checkable by its holder; every transfer is anchored into a real Bitcoin transaction.
• A coordination layer carries listings, messages, negotiations, and votes between participants. It never holds funds.
• The venue curates: it decides which projects may list, verifies participants, and applies jurisdiction rules. Curation is a choice the venue makes; custody is a power the venue does not have.

A useful mental model: BeeFi works like an escrow agent that is enforced by the Bitcoin network itself — except no escrow agent exists, because the rules execute without one.