- Investor eligibility state
- Interest class in NovaRegistry
- Subscription-agreement workflow
- Eligibility and minimum conditions
- Acceptance evidence
- Capital-call interface
Use Case / Funds & Alternative Assets
Model fund interests from subscription to redemption.
Investor eligibility, fund and interest records, subscriptions, redemptions and restrictions.
USE-CASE MATURITYARCHITECTURE USE CASE
Novera architecture has been mapped conceptually to the use case, but this is not a production product or deployment.
Configures the same primitives
How maturity is defined - NovaIDMVP MOCK
- NovaRegistryMVP
- NovaDeedMVP MOCK
01 · The coordination problem
Many systems. One asset state.
Fund and alternative-asset interests depend on investor eligibility, subscription documents, capital calls, redemption terms and transfer restrictions—administered across managers, administrators, custodians and transfer agents.
Novera's architecture could coordinate interest state and the evidence behind each change, without operating a fund or holding assets.
02 · Participants
Who takes part—and who stays authoritative.
- Investor
Their subscription, redemption requests and supplied information.
- Fund manager / GP
Fund terms and management decisions.
- Fund administratorExternal authority
Investor records and NAV calculation.
- CustodianExternal authority
Holding the fund's assets.
- Transfer agentExternal authority
The register of interests, where applicable.
04 · State to coordinate
Six stages. State accumulates around the asset.
Step through the same Novera lifecycle used by every asset class. Each stage names the primitive involved and where Novera stops.
- IdentityInvestor eligibility state
STAGE 01 / 06 · NovaID
Investor eligibility is represented
NovaID could reference an externally supplied eligibility outcome for each investor.
Who is participating?
Boundary Does not independently perform regulated identity verification.
Conceptual model · Visitor-controlled · No live data
05 · Primitive mapping
A configuration of NovaID, NovaRegistry and NovaDeed.
Not a separate product. The same three primitives—with the same component status—applied to this asset lifecycle.
Signature workflow
Money in. Money out. One interest record.
Subscription and redemption are mirror workflows over the same interest record.
- Holder state
- Existing interest record
- Redemption-request workflow
- Lock-up and notice conditions
- NAV and approval evidence
- Redemption-payment interface
06 · 07 · 08 · Policy, evidence, settlement
Rules, proof and the final boundary.
What rules may apply
- Investor eligibility
- Lock-up and notice periods
- Transfer restrictions and manager consent
- Jurisdiction-dependent requirements
Represented as workflow conditions—not legal or regulatory determinations.
What supports each transition
- Subscription agreement references
- NAV statement references from the administrator
- Redemption notices and approvals
- Interest-record version history
Referenced from its source, not certified by Novera.
Where Novera stops
Capital calls, distributions and redemptions settle through the fund's banking, administrator and custodian arrangements.
- Handled externally by
- Administrators, custodians, banks
09 · What Novera does not replace
Coordinate state. Preserve the authority.
Novera does not operate a fund or investment platform and is not a transfer agent, broker-dealer or custodian.
- REMAINS AUTHORITATIVEFund managers and administrators
- REMAINS AUTHORITATIVECustodians
- REMAINS AUTHORITATIVETransfer agents
- REMAINS AUTHORITATIVEBroker-dealers
- REMAINS AUTHORITATIVESecurities regulators
10 · MATURITYARCHITECTURE USE CASE
Mapped conceptually · not a product or deployment.
Different assets · One control layer
The asset changes. The architecture remains.
Compare how the same primitives map to other asset lifecycles, or review the architecture behind them.