Umaia is the onchain venture protocol. Founders apply to launch their token through Umaia, raise funds in an open auction, and keep building while their tokenholders govern the project's treasury through decision markets. Every project on Umaia gets its own legal entity, holding the project's intellectual property, its team and its treasury. The funds it raises sit in an onchain treasury contract that the founding team cannot spend on its own. The team draws a monthly allowance, set at formation with recipient addresses and purpose limits, which pays out automatically for development and go-to-market; anything beyond it goes to a decision market.
Reading trades.