2018 Q4 - 2019 Q4
Foundation
2018 Q4
Establish separate nonprofits to run exchange and to run credit union.
Finalize application for 501(c)(3) status for all organizations.
2019 Q1
Formally accept members and allow members to vote on the foundation's projects. Members will be in the eligible Field of Membership for the credit union.
2019 Q2
Obtain 501(c)(3) status
exchange
2018 Q4
Establish nonprofit entity to run exchange.
2019 Q1
Establish feature set and cryptocurrency priorities guided by member votes and donations.
2019 Q2
Alpha Launch
2019 Q3
Beta Launch
2019 Q4
Release
credit union
2018 Q4
Identify Subscribers
Secure Funding to Cover Start-Up Costs
Identify a Physical Location
2019 Q1
Establish Field of Membership
Survey the Potential Membership
Select Mentor Credit Union
Identify Officials and Management
2019 Q2
Finalize the Business Plan
Finalize Pro-Forma Financial Statement Finalize Projections and Assumptions
Develop Marketing Plan
2019 Q3
Complete Required NCUA Forms
Establish Credit Union Bylaws
Draft Written Policies and Procedures
Meet with NCUA Staff
2019 Q4
Charter Issued