to visit our website, go to **street.app**
ERC-S V1 released on Saturday, 21st February 2026.
ERC-S is an on chain and legal standard for routing discretionary ecosystem resource allocations from a shareholder-of-record vehicle (SPV) to tokenholders under DAO governance, with transparent operations and guardrails. The real equity sits with the SPV as a normal shareholder; tokenholders never receive equity rights or profit entitlements, and all distributions are discretionary and mission aligned.
ERC-S provides a mechanism to engage with and benefit from startup ecosystems through community governed resource plans, supporting developer funding, adoption and sustainability, without converting tokens into financial instruments, or transferring corporate control. The tokens grant governance & utility rights only. Tokenholders only receive resource deployments at the DAO's discretion, and such resource deployments are not guaranteed and may not happen at all. ERC-S’ core strength lies in enabling valuable startups to anchor real equity within an SPV, governed by transparent on chain rules, while ensuring any post transaction resource redeployment remains mission driven, compliant and non correlated to shareholder returns.
View the Street xDAO Governance and Distribution Policy here
Street_Labs_-_DAO_Governance_and_Distribution_Policy_3.24.docx
ERC-S Risk Mitigation Library V1.docx
Not a share, not equity. Not a wrapper or IOU with redemption rights. Not a stablecoin or custodial deposit. No guaranteed redemptions or profit rights.
→ Not equity, not a dividend claim, no redemption
→ Not a wrapper that promises 1:1 backing or conversion
→ Not an exchange traded security or deposit product
→ Not a profit rights instrument
Venture scale startups first, then mid cap and large cap issuers.
OpCo → contractual flows → SPV → DAO vote (Resource redeployment decisions following a transaction may be voted on by $STREET DAO; all other governance matters remain under $STARTUP DAO) → value dispersal.