The mandate, the split and the model live on the Vers Capital page. This is the mechanical version: what actually moves, what does not, and what a member is and is not buying.
What goes in
CLUB dues, and nothing else. One source, on purpose, because it is the only one a member can verify against their own statement.
| Source | Into the account? | Why |
|---|---|---|
| PTD CLUB dues | Yes, in full | This is the mechanism. Every tier, every cadence. |
| The 6% co-listing fee | No | Funds the platform: hosting, payouts, support, the build. A fee that fed the account would make partner brands pay for the grants. |
| House product margin | No | Runs the houses. A co-funded drop is the one exception and is stated as such when it happens. |
| Licensing | No | Revenue to the company. It has never been earmarked here. |
| Card processing | Never held | Comes off the top before anything is counted. It is not ours at any point. |
What comes out
Three mandates. Each has its own manual, because each carries different terms, a different tax position, and a different reason it is not open yet.
We pay DØLLs to build this →
We pay other DØLLs for real work on this platform.
We fund the work before it earns →
We give grants to trans artists, brands and creatives.
We back the orgs already doing it →
We back organizations already doing this work.
The split is a model, not a ledger
50% PAY · 30% FUND · 20% SUPPORT. That is the mandate we hold ourselves to, not a record of money that has moved. The figures on the Vers Capital page are arithmetic run against member counts the platform has not reached, and each view assumes every member sits on the same tier, which no real room ever does.
Nothing has been paid out of this account yet. When there are actuals we publish actuals, and the word MODEL comes off.
What this is not
- Not a holding company. It is an internal savings account inside one operating company.
- Not a legal entity. Verse Holdings, the future parent, has not been formed. Any page implying a live parent or subsidiary structure is wrong.
- Not a charity, a foundation or a donor-advised fund. PAY THE DØLLS is a for-profit company and this is its own money.
- Not ring-fenced by law. It is a commitment and an accounting practice, not a trust. Claiming otherwise would be the easiest lie on this page to tell.
- Not an investment. A member holds no claim on the balance and cannot withdraw from it.
What your dues are, in tax terms
The same holds at the other end. A grant paid out of this account is a personal gift to its recipient and is not deductible for them either. See Grants.
Reporting
Nothing is published on a schedule yet, because reporting on an account that has paid nothing out is theatre. What is committed, in order:
- The first contract, grant or partner is announced when the transfer clears, never when it is agreed.
- Recipients are named only after they have been paid.
- Once money is moving, the model on the Vers Capital page is replaced by actuals.